Former Barclays chief executive fined by U.K. regulator over Jeffrey Epstein disclosures

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Former Barclays chief executive fined by U.K. regulator over Jeffrey Epstein disclosures
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Steven Goldstein is based in London and responsible for MarketWatch's coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch's economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein.

The former chief executive of Barclays on Thursday was fined by the U.K.’s financial regulator and banned from ever having a senior executive role over his disclosures relating to Jeffrey Epstein.

The Financial Conduct Authority fined Jes Staley £1.8 million and banned him from holding a senior management or significant influence function in the financial services industry.

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UK watchdog to fine former Barclays CEO Staley over Epstein statementsUK watchdog to fine former Barclays CEO Staley over Epstein statementsBritain's financial regulator said on Thursday it has decided to fine former Barclays chief executive James Staley 1.8 million pounds for 'recklessly misleading' the watchdog over his relationship with disgraced financier Jeffrey Epstein.
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