Former Barclays CEO Jes Staley admits he had sex with Jeffrey Epstein assistant
The former JPM executive gave evidence to London’s Upper Tribunal as he appeals against a proposed financial services ban.
Britain’s Financial Conduct Authority said in 2023 that it would ban Staley and fine him 1.8 million pounds ($2.3 million) for allegedly misleading the watchdog over his relationship with Epstein. He is giving evidence at London’s Upper Tribunal this week.
The 68-year-old, who said on Tuesday that he had no idea about the late financier Epstein’s “monstrous activities,” was asked by the FCA’s lawyer about evidence Staley had given in a lawsuit against him by his previous employer JPMorgan.