financial high 2022-02-01

Jes Staley Leaves Barclays CEO Role Over Epstein Investigation

Jes Staley officially departs as CEO of Barclays following an FCA and PRA investigation into his characterization of his relationship with Jeffrey Epstein to Barclays' board. Staley disputes the FCA findings and announces plans to appeal. The departure also raises questions about JPMorgan's internal review of its Epstein relationship.