LONDON — Britain's financial regulator said Thursday that it fined Barclay's former chief executive Jes Staley 1.8 million pounds and banned him from holding senior financial roles for misleading it over the nature of his relationship with the late sex offender Jeffrey Epstein.
“A CEO needs to exercise sound judgement and set an example to staff at their firm," said Therese Chambers, joint executive director of enforcement and market oversight at the FCA. “Staley failed to do this. We consider that he misled both the FCA and the Barclays board about the nature of his relationship with Epstein.”
The banking giant had already suspended all of Staley’s deferred bonuses and long-term share awards while the watchdog investigated.Trapped Toronto boring machine finally freed after 19 months, millions of dollars Bodies of Israeli residents and Hamas attackers lay outside burned-out homes in the Israeli kibbutz Kfar Aza on Tuesday, days after the Palestinian militant group launched a large-scale surprise assault on Israel.Discover a world of exciting games, from heart-pumping action to brain-teasing puzzles. Get the latest versions of the top games in 2023.
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