Tuesday, April 20, 2021

No. 588 - Epstein’s Fat Cat

Section:

Fat cat banker and Barclays CEO Jes Staley under investigation over his links to the late paedophile Jeffrey Epstein

This morning, Barclays has been forced to reveal that its controversial CEO Jes Staley is being investigated over his links to the now (allegedly) dead paedophile and late friend of Prince Andrew, Jeffrey Epstein.

 

In a statement, the firm announced that the Financial Conduct Authority and the regulatory watchdog Prudential Regulation Authority are looking into “Mr. Staley’s characterisation to the company of his relationship with Mr. Epstein, and the subsequent description of that relationship, in the company’s response to the FCA.”

 

They claimed their board retains “full confidence” in Staley – a man once described as “like Teflon” by Neil Wilson of Markets.com – because he has been “sufficiently transparent with the company as regards the nature and extent and relationship with Mr Epstein.”

 

In a call with reporters about the matter, according to CityA.M., Staley himself added: “I feel very comfortable… that I have been very transparent and open with the bank about the relationship. With hindsight, I deeply regret having had any relationship with Jeffrey Epstein.”

 

In 2018, after Staley tried to unmask a whistleblower at the bank in 2016, the firm was slapped with a fine of £600,000 ($779,000, €716,000 or درهم2.8 million) and of this Wilson today remarked: “Coming after the whistleblowing fine, it’s looking like the cat may be running out of lives, I wonder if he can survive this.”

 

Elsewhere on social media, one user asked of Staley: “Is this someone you’d trust even with a bus ticket?”

 

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2 COMMENTS

  1. To say that, in hindsight, had you known more about him, you wouldn’t have had a relationship is fine. But he stayed with Epstein in 2015… I mean, YEARS after Epstein’s prison sentence. Sorry, don’t understand his reasoning….

  2. Can you imagine how the Quaker founding families at the bank would react knowing their bank was in the hands of this horror.
    Rather like the disgust the Sieff family would feel if PhiGreen ran M&S

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