Barclays chief executive Jes Staley investigated by FCA for links with Jeffrey E…
Barclays’ American chief executive Jes Staley is being investigated in Britain over his close relationship with Jeffrey Epstein who he visited in Florida when he was serving a jail term for soliciting a minor for prostitution.
Boston-born Mr Staley also admits taking a sailing trip with his wife Debora to the paedophile’s Caribbean hideaway dubbed ‘paedo island’ in the months before he joined the Canary Wharf-based bank – but insists he cut all contact with him after that.
Prince Andrew’s child abuser friend Epstein also allegedly funneled dozens of wealthy clients to Mr Staley during his time running JP Morgan’s private bank, where customers must have assets of at least $10million.
Barclays today told the London Stock Exchange that their CEO has been ‘transparent’ about the pair’s ‘close’ but ‘professional’ relationship.
But Britain’s Financial Conduct Authority (FCA) and the Prudential Conduct Authority are investigating whether he has disclosed the full truth about his ties to the convicted sex offender after reports by Bloomberg and the New York Times last year claimed they were ‘good friends’.
Bankers who fail the FCA’s ‘fit and proper’ test can be fined – or in the most…