Barclays says Staley intends to contest the findings of the investigation and says he did not see 'or was aware of, any of Mr Epstein's alleged crimes.'
It is unclear what the findings of the report will ultimately reveal. In a joint statement, the FCA and the Prudential Regulation Authority said they"do not comment on ongoing investigations or regulatory proceedings beyond confirming the regulatory actions as detailed in the firm's announcement."
Staley admitted he remained in contact for years after Epstein was convicted of child sex offenses in 2008 and visited him on his infamous private Caribbean island in the U.S. Virgin Islands, Little St. James, in 2015, reportedStaley said his relationship with Epstein began in 2000 while he was working at JP Morgan, where the billionaire was a client.
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