'For sure, with hindsight with what we know now, I deeply regret having any relationship with Jeffrey,' Jes Staley said.
"Obviously I thought I knew [Epstein] well and I didn't," Staley told journalists on Thursday, according to the Associated Press."For sure, with hindsight with what we know now, I deeply regret having any relationship with Jeffrey.", Staley first met Epstein in 2000 when Staley worked for JPMorgan Chase. The newspaper said the two men maintained a relationship after Epstein was convicted for soliciting a minor for prostitution in 2008.
Furthermore, Staley said that he had last seen Epstein in the summer and fall of 2015, months before he took his job at Barclays in December that year, according the"I feel very comfortable that, going all the way back to 2015, I have been very transparent," Staley said, according toThe AP reported that Barclays said that the FCA inquired last year about the relationship between Staley and Epstein and that the company had responded.
Barclays later released a statement saying the FCA and PRA were now investigating Staley's"characterization to the company of his relationship with Mr. Epstein and the subsequent description of that relationship in the company's response to the FCA," according to the AP.reported that less than two years ago Staley was"personally fined" nearly £650,000—approximately $848,800—for trying to reveal the identity of a whistleblower at Barclays.
Nevertheless, the board of Barclays said Thursday that it would recommend Staley for re-election as chief executive at a May meeting of the bank's shareholders, theEpstein's death in August 2019 at the Metropolitan Correctional Center in New York City was ruled a suicide. However, some, including, have said the evidence and circumstances surrounding his death indicated a killing rather than a suicide.
Barclays Chief Executive Jes Staley attends the Yahoo Finance All Markets Summit on October 10, 2019, in New York City.
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