The FCA’s investigation began in 2019 under Mr Bailey, who ran the City regulator until he left to become Bank governor in March 2020. Both men will give evidence about meetings they attended regarding the FCA’s preliminary investigation into Mr Staley’s relationship with Epstein in late 2019. Mr Staley led Barclays from 2015 until 2021 when he stepped down after …
London: Former Barclays Bank chief executive Jes Staley has been fined 1.8 million pounds 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 …
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The Financial Conduct Authority said the evidence it has …
