Barclays Chair told FCA Epstein-Staley ties did not need board review in 2019
By Stefania Spezzati, Iain Withers and Sam Tobin LONDON (Reuters) -Barclays chairman Nigel Higgins believed the bank's former CEO Jes Staley's ties with the late disgraced financier Jeffrey Epstein did not warrant a board discussion in the summer of 2019 after Britain's financial regulator inquired over the matter,
A Tangled Web: The Barclays CEO, Epstein Ties, and the FCA's Examination
The court case involving former Barclays CEO Jes Staley and his links to Jeffrey Epstein reveals the bank's regulatory handling and potential oversight. Staley disputes the Financial Conduct Authority's decision to bar him from the finance industry,
Barclays Chair Says He’s Changed View on Staley’s Epstein Bond
Barclays Plc Chairman Nigel Higgins said he’s changed his mind about the relationship between Jes Staley and Jeffrey Epstein since he defended the former bank boss six years ago.
Barclays chairman asked ex-CEO Staley about Epstein links, tribunal told
The chairman of Barclays asked the bank’s ex-chief executive Jes Staley “is there anything about you and these girls?” in relation to his links to Jeffrey Epstein, a tribunal has heard. Nigel Higgins gave evidence in Mr Staley’s legal challenge against the Financial Conduct Authority (FCA) at the Upper Tribunal in London on Monday.
Barclays' Board Oversight Under Scrutiny Amid Staley-Epstein Ties
The ties between Barclays' former CEO Jes Staley and Jeffrey Epstein have come under scrutiny as the Financial Conduct Authority challenges Staley's claims about his relationship with Epstein. Barclays chairman Nigel Higgins deemed the matter unworthy of board discussion,
FCA drops plan to ‘name and shame’ more UK companies under investigation
Financial regulator says it will scrap new public interest test after backlash from the City and government officials ...
Britain's financial watchdog "likely to consult" on motor finance redress
Britain's Financial Conduct Authority on Tuesday said it would likely consult on an industry-wide scheme to compensate motor ...
JD Supra4h
FCA speech on approach to NBFI leverage
The UK Financial Conduct Authority (FCA) has published a speech by Sarah Pritchard, executive director of consumers, competition and international, ...
Starmer axes UK payments watchdog as part of anti-regulation drive
Government says regulator’s merger with Financial Conduct Authority will reduce complexity and boost innovation ...
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U.K. ESG rules don’t prevent defense investments, FCA says
There are no rules stopping U.K. investors with ESG mandates from investing in defense assets, according to the country’s ...
Payment systems watchdog to be axed under move to cut ‘stranglehold’ on firms
The Payment Systems Regulator will be disbanded and merged within the Financial Conduct Authority. The UK’s payment systems ...
Financial regulator pledges ‘swift action’ to help people get on property ladder
The Financial Conduct Authority will take a look at simplifying the rules around getting a mortgage in a bid to help people ...
I stayed loyal to convicted Epstein, admits former Barclays boss Jes Staley
Jes Staley (pictured) was giving evidence at London's Upper Tribunal as he seeks to overturn a finance industry ban and £1.8m ...