Spotlight turns to FTSE 100 clients of Peter Mandelson’s advisory firm after government sacking Business After Peter Mandelson’s dramatic ousting from government over his close relationship with paedophile Jeffrey Epstein, the firms that chose to partner with his consultancy Global Counsel have come under the spotlight. More than two dozen major corporations hired Global Counsel to conduct lobbying services over the past two years, disclosures from the Office of the [...]
Former Barclays boss Jes Staley fails to overturn leadership ban Legal Former Barclays CEO Jes Staley lost his bid to overturn a ban from holding senior leadership after he was found to have misled about his relationship with Epstein. The Upper Tribunal found he did not fully disclose the terms of his relationship with Jeffrey Epstein to Barclays before the letter that was sent to the [...]
FCA chief: Court delays denying victims justice Business Delays in the UK court system are denying victims of financial crime justice and preventing better regulation of the finance industry, the boss of the Financial Conduct Authority (FCA) has said. Nikhil Rathi told City AM that his organisation was working “really hard to accelerate [its] investigations” but that the slow pace of high-profile court [...]
Ex-Barclays boss admits to sex with a member of Jeffrey Epstein’s staff March 13, 2025 The former chief executive of Barclays admitted at the High Court on Wednesday that he had sex with a member of staff working for Jeffrey Epstein at an apartment owned by the convicted paedophile’s brother. In his third day of cross examination as part of a legal clash with the Financial Conduct Authority (FCA), Jes [...]
Ex-Barclays boss case against FCA over relationship with Epstein goes to court March 3, 2025 Former Barclays boss Jes Staley is seeking to overturn an FCA ban after he was found to have misled the watchdog over his relationship with Jeffrey Epstein
Jes Staley fined £1.8m over ‘reckless’ misleading statements on relationship with Jeffrey Epstein October 12, 2023 "The FCA has found that Mr Staley recklessly approved a letter sent by Barclays to the FCA, which contained two misleading statements about the nature of his relationship with Jeffrey Epstein", the FCA said.
Influential shareholder group backs re-election of Barclays board despite concerns over ex CEO Staley April 17, 2023 Institutional Shareholder Services (ISS) recommended Barclays shareholders re-elect all of its board members, but admitted that “questions may be posed” over the board’s decision to back disgraced ex-CEO Jes Staley between 2019-2021. ISS argued that it was too soon to make a judgement on the board’s actions regarding Jes Staley, suggesting that investors wait for [...]
Barclays boss recounts criticism of refusing to stop work amid cancer treatment February 5, 2023 Barclays chief executive CS Venkatakrishnan said that some people accused him of “CEO swagger” when he said he intended to work through his cancer treatment. Writing in the Financial Times for World Cancer Day, Venkatakrishnan – who prefers to be known as Venkat – said he received some messages after his diagnoses that suggested his [...]
US lawsuit alleges Jes Staley saw Jeffrey Epstein abuse young women – report January 18, 2023 A US lawsuit filed today has accused former head of Barclays Jes Staley of “personally observ[ing] the sexual abuse of young women” by Jeffrey Epstein. Staley is named in a lawsuit filed by one of Epstein’s victims, known as Jane Doe 1, who is suing JP Morgan for allegedly facilitating her sexual abuse. Staley was [...]
Jes Staley leaves Barclays: CEO exits bank after shock report on Epstein links November 1, 2021 Embattled Barclays chief Jes Staley has left his post over his ties with with late convicted sex offender Jeffrey Epstein. Staley will leave his role as chief executive of the bank with immediate effect after a probe into his links with Epstein suggested he mischaracterised the relationship to his employer and UK regulators. The bank’s [...]