Barclays CEO Jes Staley stepped down amid pressure from regulators about how he characterized his relationship with Jeffrey Epstein
Jes Staley stepped down as chief executive of Barclays PLC under pressure from regulators about how he characterized his relationship with convicted sex offender and financier Jeffrey Epstein.
Barclays said U.K. regulators had made preliminary conclusions into its long-running investigation into what Mr. Staley told Barclays about his association with Mr. Epstein and what Barclays told regulators about the relationship. The U.K. lender named C.S. Venkatakrishnan, its global head of markets, as Mr. Staley’s successor as of Monday.
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