Jes Staley photograph

Jes Staley

Jes Staley Life story


James Edward "Jes" Staley is an American banker, and the former group chief executive of Barclays. He stepped down as CEO on November 1, 2021, and was succeeded by C. S. Venkatakrishnan. Staley has nearly four decades of experience in banking and financial services.

Ex-Barclays boss Jes Staley banned over Epstein scandal

Ex-Barclays boss Jes Staley banned over Epstein scandal
Oct 12,2023 6:11 am

... Jes Staley has also been fined £1...

Jeffrey Epstein's private islands put up for sale

Jeffrey Epstein's private islands put up for sale
Mar 24,2022 8:29 am

... Other visitors to Little St James included Jes Staley, the former boss of Barclays...

Barclays freezes ex-boss's bonus amid Epstein links

Barclays freezes ex-boss's bonus amid Epstein links
Feb 23,2022 11:49 am

...Barclays has suspended millions of pounds in bonus share awards to former boss Jes Staley amid an investigation by regulators into his relationship with Jeffrey Epstein...

US Virgin Islands probes Barclays Epstein links

US Virgin Islands probes Barclays Epstein links
Nov 6,2021 12:49 am

... " The BBC understands there is no link between the subpoena and Jes Staley s recent shock resignation as Barclays chief executive, or the FCA probe into his links to Mr Epstein...

Barclays boss Jes Staley steps down over Epstein inquiry

Barclays boss Jes Staley steps down over Epstein inquiry
Nov 1,2021 10:39 am

...Barclays chief executive Jes Staley has stepped down following an investigation into his relationship with billionaire sex offender Jeffrey Epstein...

Barclays-chief Jes Staley 'deeply regrets' sex offender link

Barclays-chief Jes Staley 'deeply regrets' sex offender link
Feb 16,2020 10:25 am

...Barclays chief executive, Jes Staley has the full confidence of the Board, the bank said, Barclays chief Jes Staley, said he was deeply its connection with sex-offender Jeffrey Epstein regrets ...

Barclays u-turn on cash access in post offices

Barclays u-turn on cash access in post offices
Feb 16,2020 7:27 am

... We have listened very carefully to points that have been made to us by ministers in the government, by MPs, and by interested charities and consumer advocates, said Barclays chief executive Jes Staley...

Barclays freezes ex-boss's bonus amid Epstein links

Feb 16,2020 7:27 am

Barclays has suspended millions of pounds in bonus share awards to former boss Jes Staley amid an investigation by regulators into his relationship with Jeffrey Epstein .

Mr Staley left The Bank last November after watchdogs began a probe into his links to The Dead sex trafficker.

Mr Staley is contesting The City regulators' findings.

But Barclays has announced that in the meantime it is freezing long-term bonus and share payments for Mr Staley.

The Bank said in a statement: " In Line with its normal procedures, The Committee exercised its discretion to suspend the vesting of all of Mr Staley's unvested awards, pending further developments in respect of the regulatory and legal proceedings related to the ongoing Financial Conduct Authority and Prudential Regulatory Authority investigation regarding Mr Staley. "

Regulators are investigating whether Mr Staley's relationship with Epstein was closer than he described to the board.

According to Barclays latest annual report, Mr Staley holds 9 million unvested shares - Stock that has been promised but Not Yet paid Out - which are subject to performance targets, and an additional 2. 1 million shares not subject to targets.

Based on Barclays' latest share price, Mr Staley's package is worth £21. 1m.

He also holds an additional 6. 7 million shares that he owns outright. These are worth £12. 7m.

Barclays revealed The Move as it published its full-year results which showed a sharp rise in pre-tax profits to £8. 4bn for 2021 compared to £3. 1bn the previous year.

Profits were lifted by the release of £700m that Barclays had set aside to cover anticipated losses on Covid loans. That compares to £4. 8bn The Bank set aside in 2020 for Covid loan losses.



Source of news: bbc.com

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