Barclays Suspends Jes Staley’s Share Bonuses Amid Investigation Into Relationship With Jeffrey Epstein

Barclays Suspends Jes Staley’s Share Bonuses Amid Investigation Into Relationship With Jeffrey Epstein
Jes Staley, then-CEO of Barclays, arrives at Downing Street for a meeting in London on Jan. 11, 2018. Tolga Akmen/AFP via Getty Images
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Barclays has suspended millions of pounds in bonus share awards to former bank CEO Jes Staley amid an investigation by UK regulators into his relationship with convicted sex offender Jeffrey Epstein.

Staley announced in November 2021 that he was stepping down from his role as head of the multinational banking group after the UK’s Financial Conduct Authority (FCA) announced the preliminary conclusions of a probe into his ties to Epstein.

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