Barclays Boss Fined, Banned Over Epstein Ties

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A former Barclays bank boss has been banned from the UK. Banking over misleading regulators about his ties to disgraced, financier and sex offender. Jeffrey Epstein James J Staley was CEO of Barclays for six years. Now, the U K's financial conduct authority yesterday fined him £1.8 million or $2.2 million. The authority also banned him from holding a senior management or significant influence function. In a statement, the FTFC A said, quote, a CEO needs to exercise sound judgment and set an example to staff at their firm. Mr Staley failed to do this. It said he had a quote, close personal relationship with Mr Epstein Sallie step down as CEO in November 2021.