jesstaley
“The repercussions from the Jeffrey Epstein scandal stretch far and wide, and now Barclays PLC (NYSE:BCS) finds itself at the centre of the storm. Q3 2021 hedge fund letters, conferences and more Barclays CEO QuitFor the Chief Executive, Jes Staley to step down following an investigation by city regulators into his into his dealings with Epstein, it’s clear the conclusions of the probe are critical. While the probe did not centre on Mr Staley’s role at Barclays but what he disclosed about his previous position at JP Morgan, what was under question was how he characterised his former relationsh...
ValueWalk
Barclays PLC (NYSE:BCS) American CEO Jes Staley has quit his job at the British bank amid an investigation on his links with discredited and deceased financier Jeffrey Epstein. The probe was launched by the Financial Conduct Authority (FCA) and the Bank of England’s Prudential Regulation Authority (PRA). Q3 2021 hedge fund letters, conferences and more Barclays CEO QuitsThe bank revealed that the investigation was into “Mr. Staley’s characterization to Barclays of his relationship with the late Mr. Jeffrey Epstein and the subsequent description of that relationship in Barclays’ response to the...
ValueWalk
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