Skip to Content

Barclays CEO steps down over Epstein report by UK regulators

LONDON (AP) — The chief executive of British bank Barclays has stepped down following a report by United Kingdom regulators into his past links with the late financier and sex offender Jeffrey Epstein. Jes Staley has previously said he “deeply regrets” his relationship with Epstein, who killed himself in a New York jail in 2019 while awaiting a sex trafficking trial. There’s no suggestion that Staley knew anything about Epstein’s alleged crimes. Staley says he will contest regulators’ preliminary conclusions, which regulators have not released. Shares in Barclays fell 2% following the announcement Monday, as Staley has been widely credited with doing a good job at the bank.

Article Topic Follows: AP National News

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

ABC 17 News is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content