UK Financial Conduct Authority Fines Ex-Barclays CEO James Staley $2.1 Million & Banned from Holding Senior Management or Influential Function in the Financial Industry for Providing Misleading Statements on Close Relationship with Jeffrey Epstein in Sexual Abuse Case, Statement in 2019 Claims No Close Relationship with Jeffrey Epstein But Email Exchange Reveals Deep & Cherish Friendship
14th October 2023 | Hong Kong
The UK Financial Conduct Authority (FCA) has fined former Barclays CEO James Staley $2.1 million (£1.8 million) and banned from holding senior management or influential function in the financial industry for providing misleading statements on close relationship with Jeffrey Epstein in sexual abuse case. Former Barclays CEO James Staley statement in 2019 claims of not having close relationship with Jeffrey Epstein but email exchange reveals deep & cherish friendship. UK FCA: “The FCA has decided to fine former CEO of Barclays, James Staley, £1.8 million and ban him from holding a senior management or significant influence function in the financial services industry. The FCA has found that Mr Staley recklessly approved a letter sent by Barclays to the FCA, which contained two misleading statements, about the nature of his relationship with Jeffrey Epstein and the point of their last contact. In August 2019, the FCA asked Barclays to explain what it had done to satisfy itself that there was no impropriety in the relationship between Mr Staley and Mr Epstein. In its response, Barclays relied on information supplied by Mr Staley. Mr Staley confirmed the letter was fair and accurate. The letter claimed that Mr Staley did not have a close relationship with Mr Epstein. In reality, in emails between the two Mr Staley described Mr Epstein as one of his ‘deepest’ and ‘most cherished’ friends. The letter from Barclays to the FCA also claimed Mr Staley ceased contact with Mr Epstein well before he joined Barclays. However, Mr Staley was in fact in contact with Mr Epstein in the days leading up to his appointment as CEO being announced on 28 October 2015. Mr Staley joined Barclays in December 2015. While Mr Staley did not draft the letter there was no excuse for his failure to correct the misleading statements when he was the only person at Barclays who knew the full extent of his personal relationship with Mr Epstein and the specific timings of his contact with him. The FCA has found that Mr Staley was aware of the risk that his association with Mr Epstein posed to his career. The FCA considers that, in failing to correct the misleading statements in the letter, Mr Staley recklessly misled the FCA and acted with a lack of integrity.” In September 2023, in the ongoing lawsuit by U.S. Virgin Islands seeking $190 million in Jeffrey Epstein sexual abuse case lawsuit, JP Morgan Private Bank is aware of suspicious activity including $1 billion transactions relating to Jeffrey Epstein sexual abuse case, had filed transactions notice 1 month after Jeffrey Epstein death and reported 150 cash transactions between 2002 to 2013. More info below:
“ UK Financial Conduct Authority Fines Ex-Barclays CEO James Staley $2.1 Million & Banned from Holding Senior Management or Influential Function in the Financial Industry for Providing Misleading Statements on Close Relationship with Jeffrey Epstein in Sexual Abuse Case, Statement in 2019 Claims No Close Relationship with Jeffrey Epstein But Email Exchange Reveals Deep & Cherish Friendship “
Therese Chambers, joint Executive Director of Enforcement and Market Oversight at the FCA: “A CEO needs to exercise sound judgement and set an example to staff at their firm. Mr Staley failed to do this. We consider that he misled both the FCA and the Barclays Board about the nature of his relationship with Mr Epstein. Mr Staley is an experienced industry professional and held a prominent position within financial services. It is right to prevent him from holding a senior position in the financial services industry if we cannot rely on him to act with integrity by disclosing uncomfortable truths about his close personal relationship with Mr Epstein.”
JP Morgan Private Bank Aware of Suspicious Activity Including $1 Billion Transactions Relating to Jeffrey Epstein Sexual Abuse Case, Filed Transactions Notice 1 Month after Jeffrey Epstein Death and Reported 150 Cash Transactions Between 2002 to 2013, U.S. Virgin Islands Seeking $190 Million in Lawsuit
1st September 2023 – In the ongoing lawsuit by U.S. Virgin Islands seeking $190 million in Jeffrey Epstein sexual abuse case lawsuit, JP Morgan Private Bank is aware of suspicious activity including $1 billion transactions relating to Jeffrey Epstein sexual abuse case, had filed transactions notice 1 month after Jeffrey Epstein death and reported 150 cash transactions between 2002 to 2013. In July 2023, Apollo Global Management ($598 Billion AUM, Assets under Management) Co-founder & billionaire Leon Black agreed to pay $62.5 million to U.S. Virgin Islands to be removed from potential claims from Jeffrey Epstein sexual abuse case. In June 2023, JP Morgan agreed to pay $290 million settlement for Jeffrey Epstein class action lawsuit by the victims, with Jeffrey Epstein continuing as JP Morgan Private Banking client till 2013 despite being arrested in 2006 & pleaded guilty in 2008. Earlier in August 2023, United States court dismissed JP Morgan shareholder lawsuit against JP Morgan, CEO Jamie Dimon & Board of Directors for ignoring red flags on Jeffrey Ppstein sexual abuse case, ruling JP Morgan shareholders had failed to request JP Morgan board to address concerns before filing lawsuit.
United States Court Dismissed JP Morgan Shareholder Lawsuit Against JP Morgan, CEO Jamie Dimon & Board of Directors for Ignoring Red Flags on Jeffrey Epstein Sexual Abuse Case, Shareholders Failed to Request JP Morgan Board to Address Concerns Before Filing Lawsuit
11th August 2023 – A United States court has dismissed JP Morgan shareholder lawsuit against JP Morgan, CEO Jamie Dimon & Board of Directors for ignoring red flags on Jeffrey Ppstein sexual abuse case, ruling JP Morgan shareholders had failed to request JP Morgan board to address concerns before filing lawsuit. In July 2023, Apollo Global Management ($598 Billion AUM, Assets under Management) Co-founder & billionaire Leon Black agreed to pay $62.5 million to U.S. Virgin Islands to be removed from potential claims from Jeffrey Epstein sexual abuse case. In June 2023, JP Morgan agreed to pay $290 million settlement for Jeffrey Epstein class action lawsuit by the victims, with Jeffrey Epstein continuing as JP Morgan Private Banking client till 2013 despite being arrested in 2006 & pleaded guilty in 2008. In July 2023, Apollo Global Management ($598 Billion AUM, Assets under Management) Co-founder & billionaire Leon Black agreed to pay $62.5 million to U.S. Virgin Islands to be removed from potential claims from Jeffrey Epstein sexual abuse case.
$598 Billion Apollo Co-Founder & Billionaire Leon Black Pays $62.5 Million to U.S. Virgin Islands to be Removed from Potential Claims from Jeffrey Epstein Sexual Abuse Case
21st July 2023 – Apollo Global Management ($598 Billion AUM, Assets under Management) Co-founder & billionaire Leon Black has agreed to pay $62.5 million to U.S. Virgin Islands to be removed from potential claims from Jeffrey Epstein sexual abuse case. Earlier in 2023 May, a United States judge has dismissed Guzel Ganieva (ex-girlfriend of Leon Black) rape defamation lawsuit against Leon Black ($10 billion fortune). In the ruling, Guzel Ganieva is unable to pursue her claims due to a $9.5 million non-disclosure agreement signed after the end of their 6-years relationship in 2014. Leon Black had denied raping or behaving inappropriately with Guzel Ganieva (former Russian model) in 2021. Apollo Global Management is one of the top private equity firm in the world with $598 billion AUM (Assets under Management), founded in 1990 by Leon Black, Marc Rowan and Josh Harris. Leon Black was Chairman and CEO of Apollo Global Management until 2021. The case is Ganieva v. Black, New York State Supreme Court, New York County, No. 155262/2021. In 2022 December, JP Morgan, Deutsche Bank & former private equity Apollo Global Management CEO Leon Black had been sued separately by women involved in Jeffrey Epstein sexual abuse, with JP Morgan & Deutsche Bank being sued for operating banking accounts & facilitated large withdrawal of cash to enable sex trafficking operations despite red flags. More info below.
Leon Black is Chairman and CEO of Apollo Global Management and a Managing Partner of Apollo Management until 2021, which he founded in 1990 to manage investment capital on behalf of a group of institutional investors, focusing on corporate restructuring, leveraged buyouts, and taking minority positions in growth-oriented companies. From 1977 to 1990, Mr. Black worked at Drexel Burnham Lambert, where he served as Managing Director, head of the Mergers & Acquisitions Group and co-head of the Corporate Finance Department. He serves on the boards of directors of Apollo Global Management, LLC, The New York City Partnership and the general partner of AP Alternative Assets. Mr. Black is Chairman of The Museum of Modern Art, a trustee of Mt. Sinai Hospital, and The Asia Society. He is also a member of The Council on Foreign Relations. He is a Founder and Director of the Melanoma Research Alliance. Mr. Black is also a member of the Board of Faster Cures and the Port Authority Task Force. He graduated summa cum laude from Dartmouth College in 1973 with a major in Philosophy and History and received an MBA from Harvard Business School in 1975.
US Virgin Islands Submits Court Filing Against JP Morgan for $150 Million Fine & Return $40 Million of Revenue from their 15-Year Private Banking Relationship with Jeffrey Epstein Sex-Trafficking Activities
14th July 2023 – US Virgin Islands has submitted court filing (14/7/23 to United States federal court) against JP Morgan for a $150 million fine and to return $40 million of revenue from their (JP Morgan) 15-year private banking relationship with Jeffrey Epstein (sex-trafficking activities). In the filing, US Virgin Islands also require JP Morgan to compensate Jeffrey Epstein’s victims, separate its business & compliance business functions, and hire an external compliance consultant. Earlier in June 2023, JP Morgan agreed to pay $290 million settlement for Jeffrey Epstein class action lawsuit by the victims, with Jeffrey Epstein continuing as JP Morgan Private Banking client till 2013 despite being arrested in 2006 & pleaded guilty in 2008. JP Morgan had also sued Jes Staley (former Head of JP Morgan Private Bank), including to cover the costs of the lawsuits and to forgo 8 years of pay. Jes Staley had left JP Morgan in 2013, and was Barclays CEO from 2016 to 2021. In 2019, Jeffrey Epstein committed suicide in a jail cell while awaiting the sex trafficking trial. In 2023 May, Deutsche Bank agreed to pay $75 million to end the Jeffrey Epstein class action lawsuit by the victims. More info below.
JP Morgan to Pay $290 Million Settlement for Jeffrey Epstein Class Action Lawsuit, Continued as JP Morgan Private Banking Client Till 2013 Despite Being Arrested in 2006 & Pleaded Guilty in 2008
13th June 2023 – JP Morgan has agreed to pay $290 million settlement for Jeffrey Epstein class action lawsuit by the victims, with Jeffrey Epstein continuing as JP Morgan Private Banking client till 2013 despite being arrested in 2006 & pleaded guilty in 2008. A separate Jeffrey Epstein lawsuit against JP Morgan is still ongoing (U.S. Virgin Islands). JP Morgan had also sued Jes Staley (former Head of JP Morgan Private Bank), including to cover the costs of the lawsuits and to forgo 8 years of pay. Jes Staley had left JP Morgan in 2013, and was Barclays CEO from 2016 to 2021. In 2019, Jeffrey Epstein committed suicide in a jail cell while awaiting the sex trafficking trial. In 2023 May, Deutsche Bank agreed to pay $75 million to end the Jeffrey Epstein class action lawsuit by the victims. More info below.
Former Head of JP Morgan Private Bank Jes Staley Says JP Morgan CEO Jamie Dimon is Aware of Jeffrey Epstein & Had Conversations Together on Jeffrey Epstein, Contradicts Jamie Dimon Testimony
2nd June 2023 – Former Head of JP Morgan Private Bank Jes Staley says that JP Morgan CEO Jamie Dimon is aware of Jeffrey Epstein and they had conversations together on Jeffrey Epstein, contradicting Jamie Dimon testimony. Earlier, JP Morgan Chairman Jamie Dimon had been called to provide testimony (26/5/23, deposition, subpoenas) on JP Morgan Jeffrey Epstein sex-trafficking lawsuit, providing testimony including that he has never met or exchange emails with Jeffrey Epstein, recall discussing on Jeffrey Epstein’ saccounts and involved in decisions about Jeffrey Epstein’s accounts. More info below.
JP Morgan CEO Jamie Dimon Provided Testimony in Deposition on JP Morgan Jeffrey Epstein Sex-Trafficking Lawsuit, Jamie Dimon Has Never Met or Emailed Jeffrey Epstein
27th May 2023 – JP Morgan CEO Jamie Dimon had provided testimony (26/5/23, deposition, subpoenas) on JP Morgan Jeffrey Epstein sex-trafficking lawsuit, providing testimony including that he has never met or exchange emails with Jeffrey Epstein. In 2023 April, billionaires JP Morgan Chairman Jamie Dimon, Co-founder of Google Sergey Brin & Chairman of Hyatt Hotels Thomas Pritzker had been called to provide testimony (deposition, subpoenas) on JP Morgan Jeffrey Epstein sex-trafficking lawsuit, with the lawsuit focusing on former Head of JP Morgan Private Bank Jes Staley relationship with Jeffrey Epstein, and JP Morgan benefiting financially from the venture. Jeffrey Epstein was a client of JP Morgan Private Bank from 1998 to 2013. Current JP Morgan Private Bank Head Mary Erdoes had already provided her testimony.
Billionaires JP Morgan Chairman Jamie Dimon, Co-founder of Google Sergey Brin & Chairman of Hyatt Hotels Thomas Pritzker to Provide Testimony on JP Morgan Jeffrey Epstein Sex-Trafficking Lawsuit, Focusing on Former Head of JP Morgan Private Bank Jes Staley Relationship with Jeffrey Epstein
1st April 2023 – Billionaires JP Morgan Chairman Jamie Dimon, Co-founder of Google Sergey Brin & Chairman of Hyatt Hotels Thomas Pritzker had been called to provide testimony (deposition, subpoenas) on JP Morgan Jeffrey Epstein sex-trafficking lawsuit, with the lawsuit focusing on former Head of JP Morgan Private Bank Jes Staley relationship with Jeffrey Epstein, and JP Morgan benefiting financially from the venture. Jeffrey Epstein was a client of JP Morgan Private Bank from 1998 to 2013. Current JP Morgan Private Bank Head Mary Erdoes had already provided her testimony. The cases are Jane Doe 1 v. JPMorgan Chase Bank, 22-cv-10019, and USVI v. JPMorgan Chase Bank, 22-cv-10904-UA, US District Court, Southern District of New York (Manhattan). Earlier in 2023 January, the Governor of U.S. Virgin Islands was fired (Attorney General Denise George), just days after she filed a lawsuit against JP Morgan in New York (United States) for concealing transactions & benefiting financially from Jeffrey Epstein sexual abuse activities (Lawsuit filed on 27th Dec 2022). More info below.
Governor of U.S. Virgin Islands Fires Attorney General Denise George Who Won $105 Million Settlement, Days after Filing Lawsuit Against JP Morgan for Concealing Transactions & Benefiting from Jeffrey Epstein Sexual Abuse Activities
5th January 2023 – The Governor of U.S. Virgin Islands has fired Attorney General Denise George, just days after she filed a lawsuit against JP Morgan in New York (United States) for concealing transactions & benefiting financially from Jeffrey Epstein sexual abuse activities (Lawsuit filed on 27th Dec 2022). Attorney General Denise George had several filings against Jeffrey Epstein, including winning a $105 million settlement against Jeffrey Epstein estate (November 2022). The filing: “Human trafficking was the principal business of the accounts Epstein maintained at JP Morgan … … JP Morgan turned a blind eye to evidence of human trafficking over more than a decade because of Epstein’s own financial footprint, and because of the deals and clients that Epstein brought and promised to bring to the bank.” Earlier in December 2022, JP Morgan, Deutsche Bank & former private equity Apollo Global Management CEO Leon Black had been sued separately by women involved in Jeffrey Epstein sexual abuse, with JP Morgan & Deutsche Bank being sued for operating banking accounts & facilitated large withdrawal of cash to enable sex trafficking operations despite red flags.
JP Morgan, Deutsche Bank & Former Private Equity Apollo Global Management CEO Leon Black Sued by Women in Jeffrey Epstein Sexual Abuse, Operate Accounts & Facilitated Large Withdrawal of Cash to Enable Sex Trafficking Operations Despite Red Flags
1st December 2022 – JP Morgan, Deutsche Bank & former private equity Apollo Global Management CEO Leon Black had been sued separately by women involved in Jeffrey Epstein sexual abuse, with JP Morgan & Deutsche Bank being sued for operating banking accounts & facilitated large withdrawal of cash to enable sex trafficking operations despite red flags. Former private equity Apollo Global Management CEO Leon Black had been sued for rape (Cheri Pierson) in 2002 in the late Jeffrey Epstein’s Manhattan mansion. In 2020, New York regulators had fined Deutsche Bank $150 million for the bank failings and relationship with Jeffrey Epstein. Deutsche Bank acknowledged the error in on-boarding Jeffrey Epstein as a client in 2013. Jeffrey Epstein is a former banker, senior partner at investment bank Bear Stearns, financier & businessman. In 2019, Jeffrey Epstein was arrested for sex trafficking of minors in United States. Jeffrey Epstein died in 2019 in jail by suicide, and was pending trial on sex trafficking from 2002 to 2005.
Jeffrey Epstein accusers sue big banks for enabling and profiting from sex trafficking
Exposing Jeffrey Epstein’s international sex trafficking ring | 60 Minutes Australia
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