Former CEO of Barclays, Jes Staley, arrives on the Excessive Courtroom in London, United Kingdom, on March 14, 2025. Staley is difficult his ban from the UK finance sector over his ties to Jeffrey Epstein.
Tayfun Salci | Anadolu | Getty Pictures
Jes Staley, the previous JPMorgan Chase govt and ex-Barclays CEO, has agreed to be interviewed on about his relationship with infamous intercourse offender Jeffrey Epstein on July 23 by the Home Oversight and Authorities Reform Committee, a spokesman for the panel confirmed Sunday.
The Monetary Occasions first reported that Staley accepted the invitation for a voluntary transcribed interview prolonged to him three weeks in the past by Oversight Chairman Rep. James Comer, R-Ky.
The Oversight panel has been conducting a collection of interviews with high-profile individuals about Epstein, together with former President Invoice Clinton, former Secretary of State Hillary Clinton, and Commerce Secretary Howard Lutnick.
Former Lawyer Normal Pam Bondi was interviewed by the committee on Friday concerning the Division of Justice’s dealing with of the discharge of its information about Epstein.
Microsoft co-founder Invoice Gates is scheduled to be interviewed by the Oversight committee on June 10 about his dealings with Epstein.
Billionaire Leon Black is reportedly scheduled to be interviewed by the panel on June 26, and Goldman Sachs basic counsel Kathryn Ruemmler is reportedly scheduled to be interviewed on July 15.
Staley was a good friend of Epstein, who had been a serious consumer of JPMorgan’s non-public wealth and asset administration divisions when Staley ran them.
Epstein, a former good friend of President Donald Trump, died from a jailhouse suicide in New York in August 2019, weeks after being arrested on federal youngster intercourse trafficking expenses.
JPMorgan in 2023 agreed to pay victims of Epstein $290 million to settle a lawsuit that the financial institution had facilitated intercourse trafficking by Epstein, who was a consumer of JPMorgan.
That very same yr, the financial institution agreed to pay $75 million to settle an analogous lawsuit by the federal government of the U.S. Virgin Islands, and individually agreed to a confidential settlement with Staley to resolve the financial institution’s claims that he was accountable for any civil damages and prices related to Epstein-related litigation.
In each public settlements, JPMorgan didn’t admit wrongdoing in its dealings with Epstein.
Staley served as CEO of Barclays from October 2015 till his resignation in late 2021.
His departure got here after a probe by the UK’s Monetary Conduct Authority into how he had characterised his relationship with Epstein to Barclays and the following description of that relationship in Barclays’ response to the FCA.
That regulator fined Staley greater than $2 million and completely banned him from holding a administration position within the sector in 2023.
Barclays famous on the time that the investigation “makes no findings that Mr Staley noticed, or was conscious of, any of Mr Epstein’s alleged crimes, which was the central query underpinning Barclays’ assist for Mr Staley following the arrest of Mr Epstein in the summertime of 2019.”
Staley, in 2020, mentioned, “Clearly, I believed I knew him effectively, and I did not. For certain, with hindsight, with what we all know now, I deeply remorse having any relationship with Jeffrey.”
— CNBC’s Garrett Downs contributed to this text.
