Reported about 11 hours ago
The investigation into Jes Staley's relationship with Jeffrey Epstein has faced delays, as Barclays Chairman Nigel Higgins reassured officials that there was no impropriety between them. Evidence presented in court revealed Staley's claims of innocence regarding his ties to Epstein, emphasizing that he would not have introduced his family if he suspected wrongdoing. The situation escalated after Epstein's death, leading to a formal inquiry by the Financial Conduct Authority, which ultimately fined and banned Staley from the industry in 2023 for misrepresenting the nature of their relationship.
Source: YAHOO