Article 6VRSR Andrew Bailey was accused by Barclays chair of having ‘destroyed’ Jes Staley, court hears

Andrew Bailey was accused by Barclays chair of having ‘destroyed’ Jes Staley, court hears

by
Kalyeena Makortoff Banking correspondent
from World news | The Guardian on (#6VRSR)

Nigel Higgins asked if FCA would drop investigation into Staley's relationship with Epstein if CEO quit

The Bank of England governor, Andrew Bailey, was accused by the Barclays chair of having destroyed" Jes Staley, a court heard on Friday, after the City watchdog led by Bailey at the time launched an investigation into the banker's ties to the convicted sex offender Jeffrey Epstein.

Nigel Higgins, who made the accusations and is still the Barclays chair, also asked in 2019 whether the Financial Conduct Authority (FCA) would be willing to drop its investigation if Staley resigned.

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