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Caught up by his links with the ex-businessman, the boss of Barclays resigns

SEXUAL VIOLENCE – Jes Staley had developed this business relationship with Jeffrey Epstein in the 2000s. He was then head of JPMorgan’s private bank, which counted among its main clients the American financier, indicted for sex crimes and who committed suicide in jail

Barclays Bank announced the hasty resignation of his patron Jes Staley, latest to date caught up by his links with the late ex-investor indicted for sex crimes Jeffrey Epstein, after Bill Gates and Prince Andrew.

The leader wants to challenge the preliminary findings of an investigation by British regulators which “makes no finding that Mr. Staley saw, or was aware of, any of Mr. Epstein’s alleged crimes,” the financier accused of trafficking of minors and who has since committed suicide in prison, underlines the British bank in its press release.

In business with Jeffrey Epstein since the 2000s

CS Venkatakrishnan, who until now was Global Head of Markets for the Barclays Group, replaces Jes Staley on Monday. Prior to joining Barclays in 2016, he had also worked at JP Morgan Chase, since 1994, “holding senior positions in asset management”.

Barclays stock on the London Stock Exchange fell 2.03% to 198.14 pence on Monday shortly before 11:00 GMT. The bank revealed in February 2020 that Jes Staley, a 64-year-old American, was (…) Read more on 20minutes

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