Former Barclays boss Jes Staley had sex with a member of serial paedophile Jeffrey Epstein's staff, the banker told a court on the third day of his evidence as he appeals against a proposed financial services ban.
Following a sell-off of London-listed hotels and leisure stocks, including British Airways owner International Consolidated Airlines Group SA (LSE:IAG), analysts at Barclays said they remain cautious on the sector. The sector has come under pressure after US airlines, including Delta and American Airlines, warned of a slowdown in domestic travel.
Ex-Barclays boss Jes Staley said on Tuesday he had no idea about serial paedophile Jeffrey Epstein's "monstrous activities", as he gave evidence to try to overturn a finance industry ban over his relationship with the late financier.
Barclays chairman Nigel Higgins believed the bank's former CEO Jes Staley's ties with the late disgraced financier Jeffrey Epstein did not warrant a board discussion in the summer of 2019 after Britain's financial regulator inquired over the matter, according to court documents.
Dan Levy, Barclays senior equity research analyst, joins CNBC's 'Squawk on the Street' to discuss how potential tariffs could impact U.S. auto companies.
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Barclays PLC is reportedly gearing up to pay out millions of pounds in compensation to customers over recent online banking outages. Some £5 million to £7.5 million was expected to be paid for “inconvenience or distress” caused by the issue earlier this year, a Sky News-cited letter to MPs said.
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Former Barclays boss Jes Staley has begun a legal bid to overturn a ban from the UK's financial services industry, related to his links to the disgraced financier Jeffrey Epstein.