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.
2025-10-07T16:08:00Z By Adrianne Appel
Georgia Tech Research Corp. (GTRC) has agreed to pay $875,000 to settle allegations first raised by two compliance officers that its cybersecurity protocols violated acceptable standards for defense contractors, the Department of Justice (DOJ) said.
2025-10-06T17:12:00Z By Adrianne Appel
Tractor Supply Company has agreed to get into compliance with California’s consumer privacy law and to pay a $1.35 million fine—the largest yet by California—to settle allegations it violated the privacy rights of customers and job applicants.
2025-10-06T16:46:00Z By Aly McDevitt
A single $33,000 shipment to Iran triggered a six-figure penalty and years of compliance oversight for biotechnology company LuminUltra Technologies, Inc.
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