Nov 5, 2021

US Virgin Islands probes Barclays Epstein links

A Barclays spokesperson said: "Barclays has already provided its response to this subpoena and complied with its obligations."The US Virgin Islands is now in the process of serving a similar subpoena on Barclays in the UK and Barclays will respond to that subpoena once it is served. Barclays said on Monday it had been made aware of the conclusions of the probe and "Mr Staley's intention to contest them". The subpoena served on Barclays in the US asked for a wide range of documents including any communications between Mr Staley and Epstein, details of the bank's investigation into Epstein and Staley, and Barclays' decision to hire Mr Staley. Mr Staley, the former Barclays boss, left after a shock resignation this week, apparently over a perceived inconsistency between his account to his own board of his relationship with Epstein and evidence seen by regulators. Barclays has stated that the report makes no findings that Mr Staley saw, or was aware of, any of Epstein's crimes.

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