FCA Releases Messages Between Former Barclays boss and Jeffrey Epstein
Financial watchdog provisionally concludes Jes Staley misled it over his friendship with billionaire sex offender
The UK’s financial watchdog has released a series of messages between former Barclays boss Jes Staley and convicted sex offender Jeffrey Epstein “referring to the strength of their friendship”.
The messages form part of its 79-page report, which says Staley and the late billionaire exchanged more than 1,100 emails between July 2008 and December 2012, and continued communicating “between January 2013 and October 2015, exchanging almost 600 emails during that period”.
The Financial Conduct Authority (FCA) also notes that Staley visited a number of Epstein’s properties throughout their relationship, including a private Caribbean island in April 2015.
It has provisionally concluded that it was misled by Staley over the extent of the “close personal relationship”, prompting it to fine him £1.8m and ban him from holding senior City roles.
He has referred the decision to the regulator’s upper tribunal for reconsideration.
Here we examine some of the regulator’s striking findings from its three-year investigation:
Source:The Guardian
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