Article 5RCY6 Jes Staley: why did the FCA investigate and are its findings public?

Jes Staley: why did the FCA investigate and are its findings public?

by
Kalyeena Makortoff Banking correspondent
from US news | The Guardian on (#5RCY6)

Barclays CEO quit after inquiry into how he described relationship with Jeffrey Epstein

Jes Staley, Barclays' chief executive for the past six years, is stepping down after City regulators shared with him and the bank preliminary findings of an investigation over how he described his links to the sex offender and disgraced financier Jeffrey Epstein.

However, Staley plans to challenge the Financial Conduct Authority (FCA) and the Bank of England's Prudential Regulation Authority (PRA) over their conclusions, meaning it could take much longer before the findings are released to the public.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/us-news/rss
Feed Title US news | The Guardian
Feed Link https://www.theguardian.com/us-news
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2026
Reply 0 comments