Categories
Headlines

Barclays: Regulators probe chief executive over Epstein links

Barclays chief executive Jes StaleyImage copyright
Getty Images

Barclays said regulators are investigating links between its chief executive and sex offender Jeffrey Epstein.

The investigation into Jes Staley’s links with Epstein will look at his “characterisation to the company of his relationship” with Epstein.

Mr Staley has the “full confidence” of the bank’s board, it said.

Epstein died in a New York prison cell on 10 August as he awaited his trial on sex trafficking charges.

The Financial Conduct Authority, which looks into bad behaviour in the City, and the Prudential Regulation Authority, which oversees financial stability, are the regulators investigating the bank.

Avatar

By Laura Price

Laura is the senior writer and Smartphones section editor responsible for managing software updates and smartphones section. She is very passionate about Gadgets & Technology and always looking around to use them in an innovative way in daily life. She reviews Gadgets & Applications to tell users about their optimum use to get the most out of in which they’ve put their time and hard earned money.
Email:[email protected]