Former boss Jes Staley was today fined £1.8million by the Financial Conduct Authority and banned from the City after 'recklessly misleading' the watchdog about his relationship with . The said Mr Staley approved a letter sent by Barclays to the regulator which claimed the bank's former boss did not have a close relationship with financier Mr Epstein, who killed himself in a US prison in 2019.In reality, Mr Staley had described Epstein in emails as one of his 'deepest' and 'most cherished' friends.
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