In a statement released this Monday, the entity says that the bank’s board is “disappointed” by the report of the Financial Conduct Authority (FCA, in English) on its links with Epstein, who was convicted in the US for sex trafficking of minors. .
Last Friday, the entity learned about preliminary conclusions in relation to the FCA investigation, without providing details of it, the bank adds.
The bank points out that the investigation does not indicate that Staley saw or was aware of the crimes of Epstein, who was found dead in his cell in New York in 2019.
Staley will be replaced by the head of global markets, CS Venkatakrishnan, as the bank calls him