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Ex-Barclays CEO appeals UK ban over Epstein statements

Former Barclays boss Jes Staley will today mount a high-profile appeal against his proposed ban from Britain's finance industry, which will once again highlight his relationship with disgraced financier Jeffrey Epstein.

Business • 03 Mar

Staley faces UK fine for Epstein statements

Ex-Barclays CEO Jes Staley faces a ban from senior roles in financial services and a £1.8m Financial Conduct Authority (FCA) fine for allegedly misleading it over his relationship with Jeffrey Epstein.

Business • 12 Oct 23

Deutsche Bank is to pay $75m to settle a lawsuit by women who say they were abused by the late financier Jeffrey Epstein

Deutsche to pay $75m to settle Epstein accusers lawsuit

Deutsche Bank has agreed to pay $75m to settle a lawsuit by women who say they were abused by the late financier Jeffrey Epstein, and accused the German bank of facilitating his sex trafficking.

Business • 18 May 23

Barclays group chief executive Jes Staley

Barclays CEO Staley to stand down after Epstein probe

Barclays said today that its chief executive Jes Staley is to stand down following British regulators' investigations into his dealings with Jeffrey Epstein.

Business • 01 Nov 21

Barclays has today reported a profit before tax for 2020 of £3.1 billion, well above the average estimate of £1.96 billion

Barclays resumes dividend payouts as 2020 profit halves

Barclays' annual profit in 2020 fell by half, much less than feared as a strong performance by its investment bank offset provisions against bad loans from the economic fallout of the Covid-19 pandemic.

Business • 18 Feb 21

Barclays sets aside a higher than expected £1.6 billion to cover a possible rise in loan losses in the second quarter of 2020

Barclays steps up loan losses provisions due to Covid

Barclays has set aside a higher than expected £1.6 billion to cover a possible rise in loan losses in the second quarter of the year.

Business • 29 Jul 20

Barclays CEO probed over Epstein ties

UK financial regulators are probing historical links between Barclays chief executive Jes Staley and US financier Jeffrey Epstein, who killed himself while awaiting trial on sex trafficking charges, the bank said today.

Business • 13 Feb 20

Barclays set to cut the £396,000 pension allowance it pays its CEO Jes Staley

Barclays joins rivals with cuts to CEO pension perks

Barclays is planning to cut the £396,000 pension allowance it pays chief executive Jes Staley by around half.

Business • 28 Nov 19

Barclays CEO Jes Staley said the bank's outlook for next year is now more challenging

Barclays cautions on its profit targets

Britain's Barclays said a worsening global economic outlook means it may be hard to meet its profit targets, despite reporting better than expected results at its under-pressure investment bank in the third quarter.

Business • 25 Oct 19

The UK bank is facing calls from activist investors to streamline its investment banking business

Barclays' first quarter profit falls by 10%

Profit at Barclays Bank fell 10% in the first quarter as its under-pressure investment bank struggled with tough markets, prompting it to signal further cost cuts if these conditions persist.

Business • 25 Apr 19

Barclays reported £2.2 billion of conduct and litigation charges for last year

Barclays sets aside £150m for Brexit uncertainty

UK banking giant Barclays has revealed a £150m hit to cover Brexit uncertainty as it said annual profits edged 1% lower to £3.49 billion.

Business • 21 Feb 19

Kevin Wall, CEO of Barclays Bank Ireland, Taoiseach Leo Varadkar, Helen Keelan, Chairperson of Barclays Bank Ireland and Jes Staley, Group CEO of Barclays

Barclays to double Irish workforce to 300

Barclays Bank is to expand its operations here, doubling its Irish workforce to 300 by the end of next year.

Business • 12 Dec 18

Barclays chief executive Jes Staley been fined £642,430 by the UK's FCA in whistleblower case

Barclays CEO Staley fined over whistleblower case

UK regulators and Barclays have fined the bank's chief executive Jes Staley a combined £1.1m after he tried to identify a whistleblower who sent letters criticising an employee of the bank.

Business • 11 May 18

Jes Staley has 28 days to respond to the warning notice

Barclays boss facing fine over whistleblower debacle

Barclays boss Jes Staley is facing a fine after regulators found he had allegedly breached conduct rules by attempting to identify a whistleblower in 2016.

Business • 20 Apr 18

Barclays has pledged to restore its full dividend with a payout of 6.5 pence per share in 2018

Barclays gives dividend despite 2017 disappointment

Barclays showed its confidence in future earnings by restoring its full dividend, despite lacklustre investment banking income, restructuring costs and US tax reforms hitting the bank's 2017 bottom line.

Business • 22 Feb 18

Barclays' £1 billion charge to account for the US tax changes is expected to push it further into the red

Barclays eyes $1.3 billion writedown from US tax reform

Barclays expects to take a writedown of about £1 billion on its annual post-tax profit as a result of the US tax overhaul, the bank said in a statement today.

Business • 27 Dec 17

Barclays CEO Jes Staley met with Taoiseach Leo Varadkar in Dublin on Monday

Barclays' Dublin expansion set to create jobs

UK bank Barclays is to expand its activity in Dublin ahead of Brexit in a move which is likely to create hundreds of jobs.

Business • 14 Jul 17

Barclays CEO Jes Staley wants the lender to focus on Britain and the US

Barclays finishes Africa business sell down

Barclays said it will sell shares worth £2.2 billion in Barclays Africa Group increasing the size of a stake sale due to investor appetite and marking a completion of its planned selldown.

Business • 01 Jun 17

Barclays CEO Jes Staley reports 'another quarter of strong progress towards the completion of the restructuring' of the bank

Barclays' first quarter profit doubles to £1.7 billion

Barclays has reported its first quarter profit more than doubled, but its investment bank missed out on a bond trading boom that saw earnings surge at its Wall Street rivals.

Business • 28 Apr 17

The UK bank's capital ratio, a key measure of financial strength, rose to 12.4% last year

Barclays' surprise core capital boost as profit up

Barclays chief executive Jes Staley said today that the bank is "just months away" from completing an overhaul as he unveiled a surge in annual profits.

Business • 23 Feb 17

Jes Staley