By Nupur Anand <\/p>\n
NEW YORK, July 23 (Reuters) – Former Barclays Chief Executive Jes Staley will testify on Thursday in a closed-door U.S. congressional hearing over his ties \u200cto Jeffrey Epstein, as lawmakers probe the late convicted sex offender’s ties with \u200cpolitical and business elites. <\/p>\n
Staley will appear before the House Committee on Oversight and Government Reform as part of its \u200binvestigation into Epstein and his associate Ghislaine Maxwell. <\/p>\n
Staley became CEO of top British lender Barclays in 2015 and resigned in 2021 after a dispute with the British financial regulator over how he described his ties to Epstein. In June 2025, Staley lost his appeal against a Financial \u200cConduct Authority industry ban for misleading \u2060the British regulator about those ties. <\/p>\n
In that case, the FCA cited a cache of over 1,000 emails between Staley and Epstein, in which \u2060Staley described their friendship as “profound” and referred to Epstein as “family.” <\/p>\n
Staley said he had no recollection of those emails. He has maintained he had a close professional relationship with Epstein, but was unaware of \u200bhis crimes. <\/p>\n
Staley \u200bis also facing a lawsuit in Los Angeles \u200bthat claims he and Barclays defrauded \u200cshareholders about his relationship with Epstein. The defendants have sought dismissal of the claims. <\/p>\n
Staley’s lawyers did not immediately respond to requests for comment on Wednesday. <\/p>\n
Before joining Barclays, Staley was head of the private bank at JPMorgan Chase, where Epstein was one of his clients. <\/p>\n
The U.S. Virgin Islands sued JPMorgan for allegedly ignoring Epstein’s sex trafficking. JPMorgan denied liability and later settled \u200cthe lawsuit without admitting wrongdoing. The bank in turn \u200bsued Staley, before reaching a confidential settlement with him. <\/p>\n
Epstein, \u200bwho died in a New York \u200bCity prison in 2019 while awaiting trial on federal sex trafficking charges, \u200chad extensive ties to many prominent people \u200bin politics, finance, academia \u200band business, including U.S. President Donald Trump. His death was ruled a suicide. <\/p>\n
The oversight committee has interviewed figures such as former President Bill Clinton, current Commerce Secretary \u200band former Cantor Fitzgerald CEO \u200cHoward Lutnick and Microsoft co-founder Bill Gates, as well as Goldman Sachs senior counsel \u200bKathy Ruemmler. <\/p>\n
(Reporting by Nupur Anand in New York, additional reporting by Jonathan \u200bStempel, editing by Michelle Price and Rod Nickel) <\/p>\n","protected":false},"excerpt":{"rendered":"By Nupur Anand NEW YORK, July 23 (Reuters) – Former Barclays Chief Executive Jes Staley will testify on…\n","protected":false},"author":2,"featured_media":88824,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[21264],"tags":[3343,38325,6676,38324],"class_list":["post-88823","post","type-post","status-publish","format-standard","has-post-thumbnail","category-barclays","tag-barclays","tag-british-financial-regulator","tag-jeffrey-epstein","tag-jes-staley"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/116969051367720193","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/88823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=88823"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/88823\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/88824"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=88823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=88823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=88823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}