Epstein’s Latest Casualty: Barclays CEO Jes Staley Resigns Over Ties To Suicided Pedophile

Update (1400ET): Like other powerful men who have been cast out from high society due to their connections with Jeffrey Epstein, former Barclays CEO Jes Staley has stepped down from the Bowdoin Board of Trustees on Monday according to the Bowdoin Orient.

James “Jes” Staley, the former CEO of Barclays, stepped down from the Bowdoin Board of Trustees on Monday, according to a statement from Director of Communications Scott Hood. The statement followed an announcement earlier in the day that Staley would resign from his position as CEO of Barclays.

Staley has served on Bowdoin’s board since 2007 and has come under fire in recent years for his relationship with the late sex trafficker and financier Jeffrey Epstein, as well as accusations of misconduct during his time at Barclays. According to the New York Times, Staley resigned his position at Barclays after learning the preliminary conclusions of a two-year investigation into his relationship with Epstein by the Financial Conduct Authority and the Prudential Regulation Authority. Staley intends to contest the investigation’s findings according to a statement from the bank.

The announcement was the result of a “student-led” campaign. Students circulated a petition calling for his removal.

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Yet another finance titan has just been forced out of their CEO job due to unsavory ties to Jeffrey Epstein. Months after Apollo co-founder and former CEO Leon Black abruptly left private equity giant Apollo following an internal uprising over his ties to the now-deceased Epstein, Staley, – who had been tasked with transforming Barclays’ into one of Europe’s top banks with a focus on its credit card business – has been forced out after a regulatory investigation that found Staley’s ties to Epstein were closer than he had let on. Staley told his board that his relationship with Epstein ended in 2015, but British regulators appear to dispute this. – READ MORE