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Ex-Barclays CEO Staley denies lobbying JPMorgan to retain Epstein as client

Financial Times LogoFinancial Times21h ago

Ex-Barclays CEO Staley denies lobbying JPMorgan to retain Epstein as client - Financial Times

Quick Summary:

Staley, who worked for JPMorgan until 2013 and joined Barclays in 2015, said he was “shocked and surprised” upon Epstein’s arrest in 2019 and stressed he had no knowledge of Epstein’s “monstrous activities”.

Mulcahy asked why he felt Epstein had been courageous.“He was indicted, and prosecuted, and he served time in jail,” Staley replied.“I was loyal to him.

The Wall Street giant also sued Staley, claiming he misled the bank by internally vouching for Epstein, and the two parties reached a confidential settlement in 2023.


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Article Details

Author / Journalist: Ortenca Aliaj

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-11 @ 15:55:29 (21 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 687 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 26895782

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 15 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

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