Nigel Higgins asked if FCA would drop investigation into Staley’s relationship with Epstein if CEO quit
Bank of England governor Andrew Bailey was accused by the Barclays chair of having “destroyed” Jes Staley, a court heard on Friday, after the City watchdog led by Bailey at the time launched an investigation into the banker’s ties to convicted sex offender Jeffrey Epstein.
Nigel Higgins, who made the accusations and is still the Barclays chair, also asked in 2019 whether the Financial Conduct Authority (FCA) would be willing to drop its investigation if Staley resigned.
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Source link : https://www.theguardian.com/business/2025/mar/07/andew-bailey-jes-staley-fca-epstein
Author : Kalyeena Makortoff Banking correspondent
Publish date : 2025-03-07 17:01:00
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