Ex-Barclays CEO Jes Staley Admits Links to Epstein

Former Barclays CEO Jes Staley is under scrutiny for his ties to Jeffrey Epstein, facing a tribunal where he is attempting to overturn a financial industry ban and a £1.8 million fine imposed by the Financial Conduct Authority (FCA). During the hearings, Staley admitted to having a sexual encounter with an employee connected to Epstein and acknowledged maintaining a 'loyal' relationship with Epstein even after his 2008 conviction for sex offenses. Staley claims that the FCA's inquiries were not clear, suggesting that better communication could have prevented the current fallout. The FCA alleges that Staley misled them about the nature of his relationship with Epstein, despite not accusing him of being aware of Epstein's criminal activities. Emails presented in court reveal Staley's close ties to Epstein, who referred to him as 'like a brother.' The tribunal continues to investigate the extent of Staley's connections and the implications for Barclays.