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Former banking titan's dirty secret with Epstein employee revealed during failed appeal
Former banking titan's dirty secret with Epstein employee revealed during failed appeal

Fox News

timea day ago

  • Business
  • Fox News

Former banking titan's dirty secret with Epstein employee revealed during failed appeal

A former major banker with ties to Jeffrey Epstein lost a bid to clear his name and go back to work in one of the world's key cities for global finance this week. Jes Staley, a former Barclays CEO and a longtime executive at JPMorgan, lost his appeal in a UK court this week to overturn a lifetime ban from London banking stemming from his ties to the disgraced financier and sex trafficker, who died in 2019. During the course of the appeal, the 68-year-old Staley, who is from Boston, admitted to having sex with an Epstein employee, the Guardian reported. He told the tribunal it happened behind Epstein's back. Excerpts from a cryptic 2010 email chain were also revealed in court, with no explanation given. "That was fun," Staley wrote to Epstein, according to the BBC. "Say hi to Snow White." "What character would you like next?" Epstein replied. "Beauty and the Beast." While the court agreed to cut his fine from £1.8 million, about $2.47 million, to £1.1 million, or around $1.5 million, the ban remains intact, BBC reported. The court took issue with a 2019 letter that a Barclays board member sent to British financial regulators after Epstein's arrest in the United States on sex trafficking charges. Staley didn't write it but admitted he had approved the draft, he told the tribunal. It claimed he and Epstein did not have a close relationship and that they had cut off ties before 2015, the year Staley became Barclays CEO. The judge disagreed, finding the evidence that the two were close "overwhelming," according to the UK reports. The emails described visits to Epstein's New York City mansion and his private island in the Caribbean, and Epstein reportedly lobbied for Staley to get the Barclays job. Staley later stepped down amid pressure over his ties to the suspected trafficker and child sex abuser. Epstein died in 2019 in his jail cell while awaiting trial on trafficking charges. A federal investigation determined he had hanged himself, but his family disputes that finding. Staley has denied any knowledge of Epstein's crimes and condemned them.

UK upholds banking ban on ex-Barclays CEO Jes Staley
UK upholds banking ban on ex-Barclays CEO Jes Staley

New York Post

time2 days ago

  • Business
  • New York Post

UK upholds banking ban on ex-Barclays CEO Jes Staley

Former Barclays CEO Jes Staley failed on Thursday to skirt a lifelong banishment from the UK banking industry over his ties to Jeffrey Epstein — with a judge ruling the ban was an 'inevitable consequence' of his association with the dead pedophile. A UK tribunal upheld the decision by Britain's top regulator, the Financial Conduct Authority, which ruled in 2023 that Staley, who previously had been a top banker at JPMorgan Chase, recklessly misled officials by claiming that he and Epstein were not close. Judge Timothy Herrington ruled that Staley's achievements at the helm of the British financial powerhouse did not lessen the severity of his misconduct. 5 Jes Staley, seen here at an earlier hearing on April 2, said he was 'disappointed with the outcome' of the tribunal and pointed to his achievements at the helm of the British banking giant. Getty Images 'The loss of his longstanding career is an inevitable consequence of that conduct,' Herrington ruled. 'Bearing in mind the importance of Barclays as a financial institution, this was conduct that could have resulted in confidence in the financial system being adversely affected.' Herrington added that Staley had 'shown no remorse' over the way he acted in his dealings with the FCA. The judge did, however, decide to reduce a fine slapped on the 68-year-old banker from £1.8 million ($2.47 million) to £1.1 million ($1.5 million). The Boston-born banker said in a statement that he was 'disappointed by the outcome and the time it took for this process to play out.' He added: 'I have worked tirelessly for my prior employers for the entirety of my career … The Tribunal recognised what they described as 'my long and distinguished career'.' 5 Staley, seen here on the far left, is shown with Jeffrey Epstein (center) in a photo dated from 2011. Other figures in the picture are Clinton and Obama admin alum Lawrence Summers (second from left) and Microsoft founder Bill (second from right) The decision to appeal appeared to backfire for Staley, who admitted during the proceeding that he had sex with a member of Epstein's staff in Epstein's brother's apartment. The appeal tribunal also heard about a string of previously-reported emails between Staley and Epstein, in which the ex-Barclays CEO described their friendship as 'profound'. In one 2010 email chain, Staley told Epstein, 'That was fun. Say hi to Snow White.' When Epstein asked, 'What character would you like next?' Staley replied, 'Beauty and the Beast.' 5 Epstein's secretive Caribbean hideaway became known as 'Epstein Island'. He held parties there for the rich and famous with underaged women in attendance. Matthew McDermott Staley had told the FCA's attorneys that he had no recollection of those emails. Staley's case centered on a 2019 letter sent by Barclays Chair Nigel Higgins to the FCA, which approached the British bank after Epstein's arrest on sex-trafficking charges. British regulators said the letter contained two misleading statements: that Staley 'did not have a close relationship' with Epstein and their last contact was 'well before he joined Barclays in 2015'. Staley said both statements were accurate and that he did not have the same relationship with Epstein after he ended his 34-year stint at JPMorgan where the late sex offender was once a major client. 5 An aerial shot of Epstein's property on Little Saint James, the private island in the US Virgin Islands, where he staged parties for his uber-rich associates. Shutterstock for NY Post Judge Herrington disagreed, ruling that 'the evidence that Mr Staley had a close relationship with Mr Epstein is overwhelming.' Staley's spat with UK financial regulators over the case prompted his shock resignation in November 2021 and a reshuffle of Barclays' leadership in what became a tumultuous period for the lender. Herrington said the messages showed that Staley and Epstein had a 'close personal relationship' and that Staley's answers were 'either evasive or defensive.' Keep up with today's most important news Stay up on the very latest with Evening Update. Thanks for signing up! Enter your email address Please provide a valid email address. By clicking above you agree to the Terms of Use and Privacy Policy. Never miss a story. Check out more newsletters The Wall Street Journal revealed in April 2022 how the one-time Barclays CEO had travelled to the infamous 'Epstein Island' in 2009. Little St James, in the US Virgin Islands, was the late sex pest's private hideaway where he was accused of holding debauched sex parties with underage girls for the rich and famous. Esptein's girlfriend, the British media heiress Ghislaine Maxwell, was sentenced to 20 years in prison in 2022 for her role in helping him abuse young girls. 5 A 2017 mug shot of Epstein that was taken two years before he was found dead in his cell as he awaited trial. The Journal, in its original story three years ago, quoted emails between Staley and Epstein from a lawsuit filed in the Caribbean territory that same year. 'Presently, I'm in the hot tub with a glass of white wine,' the newspaper quoted Staley as writing to the disgraced moneyman in 2009. 'This is an amazing place. Truly amazing. Next time, we're here together. I owe you much. And I deeply appreciate our friendship. I have few so profound,' he reportedly told Epstein. Epstein was convicted of soliciting a minor for prostitution in 2008 and forced to register as a sex offender. He was arrested in 2019, accused of orchestrating a scheme to traffic and sexually abuse girls, but was found hanging in his cell before he could face trial.

Coronation Street star set to make big return to ITV soap
Coronation Street star set to make big return to ITV soap

South Wales Argus

time2 days ago

  • Entertainment
  • South Wales Argus

Coronation Street star set to make big return to ITV soap

Dame Maureen Lipman is known for playing Evelyn Plummer, the grandmother of Alan Halsall's Tyrone Dobbs, on the ITV soap. Now, the 79-year-old is heading back to Weatherfield, months after being written out. And according to reports, her return to the show will be within weeks. Most Popular Soap Operas in the UK Coronation Street star set to make big return to ITV soap An insider told The Sun: 'As Evelyn went off to uni, it makes sense for her to pop back in from time to time." The publisher reported last year that the veteran soap star was taking an "extended break" from Corrie. At the time, bosses of the ITV soap said that Dame Maureen was taking a sabbatical from Coronation Street and would return in 2025. She went on to star in the Beauty and the Beast panto at Richmond Theatre. Dame Maureen's character Evelyn, whom she has played on Coronation Street since 2018, was written out following her departure. Top 5 Villains in Coronation Street Evelyn decided to better herself and went to university to study law, living in student halls. The exit storyline played out on-screen on Coronation Street in January. Who is Dame Maureen Lipman? While beginning her time as Evelyn Plummer in 2018, Dame Maureen has appeared on the show before. Her first role was back in 2002, as Lillian Spencer. Lillian was only on screens for a short time, but was the relief manager of the Rovers. Recommended reading: She has also appeared in several other shows, including the Doctor Who villain The Wire, in The Idiot's Lantern against David Tennant's tenth Doctor. Dame Maureen has been nominated for seven Olivier Awards across categories, commending acting in plays, musicals and comedy She was made a dame in the 2020 Queen's Birthday Honours for services to charity, entertainment and the arts.

Coronation Street star set to make big return to ITV soap
Coronation Street star set to make big return to ITV soap

North Wales Chronicle

time2 days ago

  • Entertainment
  • North Wales Chronicle

Coronation Street star set to make big return to ITV soap

Dame Maureen Lipman is known for playing Evelyn Plummer, the grandmother of Alan Halsall's Tyrone Dobbs, on the ITV soap. Now, the 79-year-old is heading back to Weatherfield, months after being written out. And according to reports, her return to the show will be within weeks. An insider told The Sun: 'As Evelyn went off to uni, it makes sense for her to pop back in from time to time." The publisher reported last year that the veteran soap star was taking an "extended break" from Corrie. At the time, bosses of the ITV soap said that Dame Maureen was taking a sabbatical from Coronation Street and would return in 2025. She went on to star in the Beauty and the Beast panto at Richmond Theatre. Dame Maureen's character Evelyn, whom she has played on Coronation Street since 2018, was written out following her departure. Evelyn decided to better herself and went to university to study law, living in student halls. The exit storyline played out on-screen on Coronation Street in January. While beginning her time as Evelyn Plummer in 2018, Dame Maureen has appeared on the show before. Her first role was back in 2002, as Lillian Spencer. Lillian was only on screens for a short time, but was the relief manager of the Rovers. Recommended reading: She has also appeared in several other shows, including the Doctor Who villain The Wire, in The Idiot's Lantern against David Tennant's tenth Doctor. Dame Maureen has been nominated for seven Olivier Awards across categories, commending acting in plays, musicals and comedy She was made a dame in the 2020 Queen's Birthday Honours for services to charity, entertainment and the arts.

Coronation Street star set to make big return to ITV soap
Coronation Street star set to make big return to ITV soap

Rhyl Journal

time2 days ago

  • Entertainment
  • Rhyl Journal

Coronation Street star set to make big return to ITV soap

Dame Maureen Lipman is known for playing Evelyn Plummer, the grandmother of Alan Halsall's Tyrone Dobbs, on the ITV soap. Now, the 79-year-old is heading back to Weatherfield, months after being written out. And according to reports, her return to the show will be within weeks. An insider told The Sun: 'As Evelyn went off to uni, it makes sense for her to pop back in from time to time." The publisher reported last year that the veteran soap star was taking an "extended break" from Corrie. At the time, bosses of the ITV soap said that Dame Maureen was taking a sabbatical from Coronation Street and would return in 2025. She went on to star in the Beauty and the Beast panto at Richmond Theatre. Dame Maureen's character Evelyn, whom she has played on Coronation Street since 2018, was written out following her departure. Evelyn decided to better herself and went to university to study law, living in student halls. The exit storyline played out on-screen on Coronation Street in January. While beginning her time as Evelyn Plummer in 2018, Dame Maureen has appeared on the show before. Her first role was back in 2002, as Lillian Spencer. Lillian was only on screens for a short time, but was the relief manager of the Rovers. Recommended reading: She has also appeared in several other shows, including the Doctor Who villain The Wire, in The Idiot's Lantern against David Tennant's tenth Doctor. Dame Maureen has been nominated for seven Olivier Awards across categories, commending acting in plays, musicals and comedy She was made a dame in the 2020 Queen's Birthday Honours for services to charity, entertainment and the arts.

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