Epstein investigation leads Barclays CEO to resign

Barclays
(Image credit: Julian Finney/Getty Images)

Barclays CEO Jes Staley is out after an investigation into his ties to convicted sex offender Jeffrey Epstein.

The bank said Monday it was recently made aware of the preliminary conclusions of a regulatory investigation into the way Staley characterized his relationship with Epstein. "In view of those conclusions," Barclays said Staley will step down as group chief executive.

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