Former Barclays CEO Jes Staley slept with Epstein – Business News
Former Barclays boss Jes Staley had intercourse with a member of serial pedophile Jeffrey Epstein’s workers, the banker advised a court docket on the third day of his proof as he appeals in opposition to a proposed financial providers ban.
Britain’s Financial Conduct Authority stated in 2023 that it could ban Staley and tremendous him 1.8 million kilos ($2.3 million) for allegedly deceptive the watchdog over his relationship with Epstein. He is giving proof at London’s Upper Tribunal this week.
The 68-year-old, who stated on Tuesday that he had no concept in regards to the late financier Epstein’s “monstrous activities,” was requested by the FCA’s lawyer about proof Staley had given in a lawsuit in opposition to him by his earlier employer JPMorgan.
Britain’s Financial Conduct Authority Conduct Authority stated in 2023 that it could ban ex-Barclays CEO Jes Staley and tremendous him $2.3 million for allegedly deceptive the watchdog over his relationship with Jeffrey Epstein. REUTERS
JPMorgan, the place Staley was beforehand head of the non-public bank and had Epstein as a consumer, was sued by the US Virgin Islands for allegedly ignoring Epstein’s intercourse trafficking, with the bank in flip suing Staley earlier than the case was settled.
In the US litigation, Staley was requested about having “had sexual intercourse with a woman … at Mr Epstein’s brother’s apartment” in New York, the FCA’s lawyer Leigh-Ann Mulcahy stated.
Staley stated he was launched to the lady by Jeffrey Epstein, the encounter was consensual and that “she was a part of his staff as I recall.”
The FCA additionally referred to the very fact Epstein had requested Staley to be trustee of his property as proof of their close relationship. Staley stated: “I turned him down.”
Staley’s appeal facilities on a 2019 letter despatched by Barclays Chair Nigel Higgins to the FCA, which approached the British bank shortly after Epstein’s arrest introduced scrutiny on the financier’s different high-profile associates.
Staley has stated he had no concept in regards to the late financier Epstein’s “monstrous activities.” Above, Epstein and convicted intercourse offender Ghislaine Maxwell in 2005. Patrick McMullan by way of Getty Images
The FCA says the letter contained two deceptive statements: that Staley “did not have a close relationship” with Epstein and their final contact was “well before he joined Barclays in 2015.” Staley says each statements had been correct.
The FCA has cited a cache of over 1,000 emails between Staley and Epstein, by which Staley described their friendship as “profound” and referred to Epstein as “family.”
In one previously-reported e mail chain from 2010, Staley advised Epstein: “That was fun. Say hi to Snow White.”
When Epstein requested “what character would you like next,” Staley replied: “Beauty and the Beast.”
Staley’s appeal facilities on a 2019 letter despatched by Barclays Chair Nigel Higgins to the FCA, which approached the British bank shortly after Epstein’s arrest introduced scrutiny on the financier’s different high-profile associates. Tayfun Salci/ZUMA Press Wire / SplashNews.com
Staley stated he had no recollection of these emails, after which Mulcahy stated: “They are not emails that are consistent with a purely personal relationship … they were personal in nature, weren’t they?”
Staley replied: “I do not recall those emails.” His proof is anticipated to conclude on Friday.
