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Barclays Faces Epstein Fallout As Former CEO Faces Trial
Monday, June 30, 2025 - 10:13am | 491Barclays (NYSE:BCS) and its former CEO Jes Staley will have to defend themselves in a U.S. court over accusations that they misled shareholders about Staley's relationship with the late financier Jeffrey Epstein. A federal judge in Los Angeles ruled that there was sufficient ground for the case to...
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JPMorgan Sues Former Top Executive For Damages Arising Out Of Epstein Lawsuits
Wednesday, March 8, 2023 - 11:30pm | 417JPMorgan Chase (NYSE: JPM) is suing a former top executive, Jes Staley, in order to make him responsible for any penalties that might arise out of two lawsuits related to the sex trafficking crimes of Jeffrey Epstein. What Happened: Staley allegedly “personally observed”...
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Barclays Begins Process To Look For A New CEO, Report Says
Monday, February 24, 2020 - 9:02am | 374Barclays PLC (NYSE: BCS) is set to search for a new CEO to take over from Jes Staley. Barclays is looking for a change in leadership as Staley, who has been the CEO since 2015, prepares to exit. The Financial Times reported the 63-year-old may announce his resignation at the annual meeting...
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A Tale Of 2 Banks: JPMorgan Surrendered To The Attorney General, Barclays Chose War
Tuesday, December 27, 2016 - 10:28am | 449JPMorgan Chase & Co. (NYSE: JPM)'s CEO Jamie Dimon sat down with former Attorney General Eric Holder back in 2013 to discuss a settlement stemming from the bank's role in selling toxic mortgage-backed securities which led to the financial crisis of 2007/2008. Dimon told Bloomberg in an...