Barclays CEO Jes Staley stepped down Monday after a probe by British financial regulators looks to have found evidence his friendship with disgraced sex offender Jeffrey Epstein was closer than he had originally made out.
The U.K.’s Financial Conduct Authority (FCA) and the Bank of England’s Prudential Regulation Authority (PRA) began an investigation into Staley’s “characterization to the company of his relationship” with Epstein after they received a cache of emails between the men from Staley’s former employer, JPMorgan Chase.
