Ex-Barclays Bank boss Staley banned from senior UK finance roles over misleading Epstein statements ...Middle East

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Ex-Barclays Bank boss Staley banned from senior UK finance roles over misleading Epstein statements
source : Devdiscourse ( Middle East ) () 47
Former Barclays Bank chief executive Jes Staley has been fined 1.8 million pounds (USD 2.2 million) and banned from holding senior financial roles in the U.K. for misleading the Financial Conduct Authority over the nature of his relationship with the late sex offender Jeffrey Epstein, the regulator said Thursday. The Authority said in a statement that Staley, a U.S. citizen, had “recklessly approved” a letter sent by Barclays to the FCA, which claimed the bank's former boss did not have a close relationship with Epstein. But in email messages, Staley described Epstein as one of his “deepest” and “most cherished” friends, according to the regulator. Staley had acted as a private banker to the

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