How a relationship with a billionaire child sex offender brought down the CEO of Barclays bank
Jes Staley loses his appeal against City ban
I
n 1999, the future Barclays chief executive Jes Staley was gearing up for his biggest job yet. As head of JP Morgan’s private bank, he would be in charge of a sprawling team that managed money and investments for some of the world’s richest people.
Among them was the mysterious but well-connected billionaire Jeffrey Epstein, with whom he would quickly develop a “fairly close professional relationship”.
