By Jeff Dale2023-10-12T18:26:00
Former Barclays Chief Executive Jes Staley was fined 1.8 million pounds (U.S. $2.2 million) and banned from serving in a senior management role in the financial services industry by the U.K. Financial Conduct Authority (FCA) for allegedly misleading the regulator regarding his ties to disgraced financier Jeffrey Epstein.
Staley “recklessly” approved a letter from Barclays to the FCA that lied about the nature of his relationship with Epstein and when their last contact occurred, the regulator said Thursday in a press release.
Staley appealed the FCA’s decision to a tribunal.
2023-11-03T13:00:00Z By Neil Hodge
The U.K. Financial Conduct Authority’s decision to ban Jes Staley, the former CEO of Barclays, for misrepresenting his relationship with Jeffrey Epstein has seemingly reaffirmed the notion that everyone—even the boss—is accountable for their actions.
2023-09-26T16:59:00Z By Kyle Brasseur
JPMorgan Chase agreed to pay $75 million as part of a settlement with the government of the U.S. Virgin Islands regarding the bank’s ties to convicted sex offender Jeffrey Epstein.
2023-06-12T16:38:00Z By Kyle Brasseur
JPMorgan Chase announced it reached an agreement in principle to settle claims made in a class-action lawsuit regarding the bank’s ties to convicted sex offender Jeffrey Epstein.
2025-09-12T19:40:00Z By Oscar Gonzalez
The DOJ sued Uber Thursday, alleging it violated the Americans with Disabilities Act (ADA) by denying people with disabilities equal access to its services.
2025-09-11T20:53:00Z By Neil Hodge
Europe’s banking regulator warns that weak compliance at fintech, regtech, and crypto firms may let money laundering and terrorist financing risks slip through. The EBA also found EU regulators’ approaches are often inconsistent and unclear.
2025-09-10T22:24:00Z By Adrianne Appel
California, Colorado, and Connecticut launched a joint enforcement sweep against businesses that fail to honor consumers’ online opt-out requests, the states announced Tuesday.
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