Barclays Calls Allegations Against Former CEO Staley ‘Serious and New’
LONDON—Barclays has said recent allegations against its former Chief Executive Jes Staley are “serious and new”, after U.S. lawsuits alleged he had a close relationship with Jeffrey Epstein and alleged involvement in his sex-trafficking operation.
The British bank said in a notice ahead of its annual general meeting scheduled for May 3 that it had received “no material new evidence” from regulators or law enforcement agencies since Staley left the bank in November 2021.
The notice, published on Friday, said Staley’s unvested long-term bonuses remained suspended pending further developments in regulatory and legal proceedings, adding that the board would “consider further action as appropriate.”…