Mon, 03 Mar 2025

Mon, 03 Mar 2025 Ex-Barclays boss with Epstein links seeks to clear name

Jes Staley wants to overturn a decision by the UK regulator banning him from holding a senior role in the City.

* Former Barclays boss Jes Staley seeks to clear name in court over links to convicted sex offender Jeffrey Epstein
* UK regulators ruled in 2021 that Staley failed to accurately disclose his relationship with Epstein to the Barclays board, costing him £18m and damaging his reputation
* Staley is seeking to overturn a decision by the Financial Conduct Authority banning him from holding a senior position in financial services
* Emails released showed close relationship between Staley and Epstein, including time spent together at Epstein's properties in New York and the US Virgin Islands
* Allegations suggest Staley stayed in contact with Epstein indirectly after taking the Barclays job, but his lawyers insist this was initiated by Epstein
* The court case will feature testimony from former regulators and executives
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