Barclays CEO Staley to quit over Epstein probe findings

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Barclays CEO Staley to quit over Epstein probe findings
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Move comes after UK regulators’ preliminary conclusions about his ties to the sex offender

Jes Staley, chief executive officer of Barclays Plca will step down following a probe into his ties to the financier and sex offender Jeffrey Epstein Picture: SIMON DAWSON / BLOOMBERG

Staley, 64, is stepping down on Monday, according to a statement. CS Venkatakrishnan will replace him as CEO. “In view of those conclusions, and Mr Staley’s intention to contest them, the board and Mr Staley have agreed that he will step down from his role as group CEO and as a director of Barclays.”

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