Former Barclays boss Jes Staley had sex with a member of serial pedophile Jeffrey Epstein's staff, the banker told a court on the third day of his evidence 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.
Staley said he was introduced to the woman by Jeffrey Epstein, the encounter was consensual and that "she was a part of his staff as I recall".
https://www.reuters.com/world/former-ba ... 025-03-12/
Former Barclays boss Jes Staley had sex with a member of serial pedophile Jeffrey Epstein's staff
Re: Former Barclays boss Jes Staley had sex with a member of serial pedophile Jeffrey Epstein's staff
Former Barclays CEO Jes Staley Accused of Lying About Epstein Ties to Protect Career
Former Barclays CEO Jes Staley deliberately lied to the UK regulator about his relationship with Jeffrey Epstein, fearing that telling the truth could end his career and lead to lawsuits from Epstein’s victims, a court was told. The allegations were made by the Financial Conduct Authority (FCA) during closing statements for the high-profile case at the upper tribunal in London on Wednesday.
Staley is challenging a lifetime ban from the UK’s financial sector, imposed after the FCA claimed he misrepresented the nature of his ties to Epstein in 2019. FCA lawyer Leigh-Ann Mulcahy argued that Staley had a “clear motive to mislead” the regulator, as he had been downplaying the relationship since 2015. Mulcahy suggested that protecting his career and avoiding potential legal challenges from victims were factors in Staley’s actions.
The court heard that Staley faced a “US litigation risk” after being contacted by attorney Brad Edwards shortly after Epstein’s arrest for child sex trafficking on July 6, 2019. In an email sent to Staley’s Barclays inbox on July 12, Edwards wrote, “I represent numerous of Mr Epstein’s victims. I need to speak with you urgently.” Edwards followed up three weeks later, calling the matter “urgent.”
Former Barclays CEO Jes Staley deliberately lied to the UK regulator about his relationship with Jeffrey Epstein, fearing that telling the truth could end his career and lead to lawsuits from Epstein’s victims, a court was told. The allegations were made by the Financial Conduct Authority (FCA) during closing statements for the high-profile case at the upper tribunal in London on Wednesday.
Staley is challenging a lifetime ban from the UK’s financial sector, imposed after the FCA claimed he misrepresented the nature of his ties to Epstein in 2019. FCA lawyer Leigh-Ann Mulcahy argued that Staley had a “clear motive to mislead” the regulator, as he had been downplaying the relationship since 2015. Mulcahy suggested that protecting his career and avoiding potential legal challenges from victims were factors in Staley’s actions.
The court heard that Staley faced a “US litigation risk” after being contacted by attorney Brad Edwards shortly after Epstein’s arrest for child sex trafficking on July 6, 2019. In an email sent to Staley’s Barclays inbox on July 12, Edwards wrote, “I represent numerous of Mr Epstein’s victims. I need to speak with you urgently.” Edwards followed up three weeks later, calling the matter “urgent.”
Re: Former Barclays boss Jes Staley had sex with a member of serial pedophile Jeffrey Epstein's staff
Former Barclays CEO Jes Staley lost his appeal to overturn a lifetime UK banking ban on Thursday, with a London tribunal upholding the Financial Conduct Authority’s ruling over his ties to Jeffrey Epstein, who died in 2019. The court reduced Staley’s fine from £1.8 million ($2.47 million) to £1.1 million ($1.5 million), per the BBC. During testimony, Staley admitted to a sexual relationship with an Epstein employee, conducted without Epstein’s knowledge, the Guardian reported.
Over 1,000 emails showed a close bond, with Staley calling Epstein “family” and describing their friendship as “profound.” A 2010 exchange included Staley writing, “That was fun. Say hi to Snow White,” and Epstein replying, “What character would you like next?” Staley responded, “Beauty and the Beast,” per the BBC. A 2019 Barclays letter, approved by Staley, falsely claimed he and Epstein were not close and had no contact before Staley’s 2015 CEO appointment. Judge Timothy Herrington called evidence of their relationship “overwhelming,” citing visits to Epstein’s Manhattan mansion and Caribbean island.
https://open.substack.com/pub/thedailyd ... Share=true
Over 1,000 emails showed a close bond, with Staley calling Epstein “family” and describing their friendship as “profound.” A 2010 exchange included Staley writing, “That was fun. Say hi to Snow White,” and Epstein replying, “What character would you like next?” Staley responded, “Beauty and the Beast,” per the BBC. A 2019 Barclays letter, approved by Staley, falsely claimed he and Epstein were not close and had no contact before Staley’s 2015 CEO appointment. Judge Timothy Herrington called evidence of their relationship “overwhelming,” citing visits to Epstein’s Manhattan mansion and Caribbean island.
https://open.substack.com/pub/thedailyd ... Share=true