British Barclays bank chief executive Jes Staley resigned before challenging the outcome of an investigation into his ties to Jeffrey Epstein, the financier found dead in prison before his trial on child sex trafficking charges, the bank’s statement said. .
“It should be noted that the investigation does not conclude that Mr. Staley saw or had knowledge of any of Epstein’s alleged crimes“, The statement clarified, justifying”Barclays’ support for Staley following Epstein’s arrest in the summer of 2019″.
C.S. Venkatakrishnan, who was until now the group’s global market director Barclays, replaces Staley as of this Monday, the bank specified.
Barclays revealed in February 2020 that Jes Staley, a 64-year-old American, was the subject of an investigation, which had not stopped the company from maintaining trust in him.
“Barclays and Jes Staley, the group’s chief executive, were briefed on the preliminary findings late Friday.”From this research launched by the two main British financial regulators, FCA and FOR, about the way Staley he referred in his group to his business ties with Jeffrey Epstein, the bank said.
“In light of these findings and Staley’s intention to challenge them, the Board of Directors and Staley agreed that Staley would step down from his duties as Group Chief Executive Officer and Barclays Administrator.”, The text continues.
Staley had started this “professional relationship”With Epstein in the 2000s when he worked at the private bank JPMorgan and had the American financier among his clients.
Staley stated that his last contact with Epstein dated from 2015.
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