Jes Staley, the former boss of Barclays, has been accused of having such a profound friendship with Jeffrey Epstein that it could even suggest that Staley may have been involved in Epsteins sex-trafficking operation, according to documents filed in a US court. Roast my CV: Has dropping out ruined my chances in finance? [9] From 1980 to 1989, he worked in the bank's Latin America division, where he served as head of corporate finance for Brazil and general manager of the company's Brazilian brokerage firm. Staley stayed in contact with Epstein for seven years after the latter was convicted of soliciting prostitution from a minor in 2008, and visited Epstein in Florida while he was still serving his sentence and on work release in 2009. And I deeply appreciate our friendship. James Staley, known as Jes, a former JPMorgan Chase executive, exchanged sexually suggestive emails with Jeffrey Epstein about young women, according to a court filing against the bank. ", "JPMorgan reshuffles leadership in succession clue", "Results of the Annual General Meeting of UBS Group AG", "Annual General Meeting 2015 Voting results", "New Barclays chief Jes Staley spends 6m on shares in bank", "Jes Staley strategy for Barclays investment bank", "Barklays mauled by markets after new chief executive Jes Staley wields the axe", "Barclays chief Staley survives whistleblowing inquiry with fines", "The CEO of Barclays is being fined for trying to unmask an anonymous whistleblower", "Barclays CEO Jes Staley fined, but keeps job", "Barclays boss Jes Staley fined 642,000 over whistleblower scandal", "Barclays boss Jes Staley fooled into email exchange with prankster", "Emails leaked to the Daily Mail, relayed to Parliament, Alleging Blackmail by Jeffrey Epstein", "Barclays CEO Under Investigation Over Links to Jeffrey Epstein", "Barclays Says U.K. Is Probing CEO Jes Staley's Ties to Jeffrey Epstein", "Barclays CEO Jes Staley quits after an investigation into links with Jeffrey Epstein", "Jes Staley used mystery phrase 'snow white' in emails with Jeffrey Epstein", "Barclays freezes ex-boss's bonus amid Epstein links", "Barclays Freezes Jes Staley's Deferred Pay Until Epstein Probe Concludes", "Barclays freezes 22m worth of bonuses for ex-boss Staley amid Epstein inquiry", "Ex-Barclays boss saw Jeffrey Epstein abuse young women, US lawsuit claims", "Jes Staley 'Personally Observed' Epstein's Abuse, Woman Suing JPMorgan Claims", "Ex-Barclays boss saw young women being abused on trips to Epstein's townhouse, the lawsuit alleges", "Barclays chief clashes with private equity firm over family dispute", "Alexa Staley '11 Shares Her 'Passion for Understanding', "10 things you didn't know about Jes Staley (and may need to)", "KKR battling over Brazil acquisition with sellers, bank: sources", "KKR Said to Write Off First Brazil Deal Amid Aceco Legal Battles", Indiana Michigan Power Center (Fort Wayne), https://en.wikipedia.org/w/index.php?title=Jes_Staley&oldid=1141721011, American chief executives of financial services companies, Short description is different from Wikidata, Wikipedia articles in need of updating from February 2021, All Wikipedia articles in need of updating, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 26 February 2023, at 13:02. Morgan. It seems that neither made much of an impression: Alexa Staley's trading career ended there. On Monday, the bank announced that Staley, an American, will depart both his role and the corporate board effective immediately, following the preliminary conclusions of an investigation by British regulators into how Staley had characterized his relationship with the disgraced financier to Barclays. He has, "impeccable character and integrity" according to Jamie Dimon. Staley's grandfather nearly bankrupted J.P. Morgan. Staley, 64, planned to contest the findings, the bank said. Debbie and Jes daughters are named Sophia and Alexa. Despite this, Debora and Jes later married and had two daughters together. Do you hate foreplay? Besides being Jes wife and a mother to their two daughters, Debbie has a career as a New York based interior designer. His former girlfriend, Ghislaine Maxwell, was convicted of similar charges in December 2021. These communications show a 'close personal relationship and 'profound' friendship between the two men and even suggest that Staley (pictured) may have been involved in Epstein's sex-trafficking operation', the documents state, Mr Staley 'visited Epstein's Virgin Islands residence (pictured) on multiple occasions' and 'Epstein even advised Staley in connection with Staley's salary negotiations at JP Morgan in July of 2008', The emails have come to light in a case filed against JP Morgan bank by the government of the US Virgin Islands, where Epstein had a private island. He has a, "He has a well-developed sense of right and wrong," according toBritt Harris, chief investment officer of the Teacher Retirement System of Texas. The British royal Prince Andrew has also been accused in a lawsuit of sexually assaulting Virginia Roberts Giuffre three times when she was a minor; she has alleged that Epstein trafficked her to London. Staley also previously let Epstein mentor one of his daughters when she was applying to college, according to the FT. Barclays New York offices, just of Times Square. Jes is married, as well as being a father-of-two, so who is Jes Staleys wife Debbie? But in 2021, the bank pushed him out in the swirl of a regulatory inquiry into his years-earlier relationship with Mr. Epstein and whether he had fully disclosed the extent of those ties before joining Barclays. Her Twitter handle is@Trishapedia, This article originally appeared on Wichita Falls Times Record News: First day of testimony in Staley's trial emotional for Wilder's family, Trish Choate, Wichita Falls Times Record News, UPDATED Live blog: James Staley trial coverage, First day of testimony in Staley's trial emotional for Wilder's family, Chicago Mayor Lightfoot ousted; Vallas, Johnson in runoff, King asks Duke and Duchess of Sussex to move out of Frogmore so Prince Andrew can move in, Biden Mocks Marjorie Taylor Greene With 1 Simple Hand Gesture, A Nebraska high-school cheerleader competed on her own after the rest of her squad quit. [32] On 1 November 2021, Staley announced his departure from Barclays, as a result of his associations with Epstein. In 1976, W.T Grant filed for bankruptcy, resulting in the largest ever loan loss for J.P. Morgan (at that time). Do not sell or share my personal information. Lets find out more about his family. Anyone can read what you share. In addition, JPMorgan allegedly would make payments to 'numerous women with Eastern European surnames who were publicly and internally identified as Epstein recruiters,' including a $600,000 payment to one Jane Doe who the pedophile purchased when she was just 14 years old. [9], In 1979, after graduation, Staley joined Morgan Guaranty Trust Co. of New York. In this correspondence, Staley used a mystery phrase "Snow White"; the meaning of which has not been established. FORT WORTH, Texas -- David Taylor wept when he testified Monday about the last time he saw 2-year-old Jason Wilder McDaniel alive. Among the other emails was one sent in July 2010 from Mr Staley to Epstein. The judge was appointed to preside over the trial and decided to move it to Fort Worth in the interest of Staley getting a fair trial with an impartial jury. Just before the trial recessed for the evening, jurors viewed photos of the dead child taken by an evidence technician who works for Wichita Falls police. His representatives have previously said he had no involvement or knowledge in any of Epstein's crimes. While still at Bowdoin College studying physics in 2008, she interned for six months at two hedge funds: Spinnaker Capital and Tudor Investment Corporation. Say hi to Snow White. Debbie Staley, his gorgeous wife, was his first and only marriage. Pictured (from left): Mr Staley; former Treasury Secretary Lawrence Summers; Epstein; Bill Gates, Microsoft's co-founder; and Boris Nikolic, who was the Bill and Melinda Gates Foundation's science adviser. WebJames Edward "Jes" Staley is an American banker, and the former group chief executive of Barclays. According to the lawsuit, on December 30 2008 Mr Staley emailed Epstein about visiting his home in Palm Beach, Florida. As for Staley, Daniel said he has a dark sense of humor and a foul mouth. "Barclays boss Jes Staley in shock exit over Epstein inquiry", "Barclays hires an American to try and beat the Americans", "Eamonn Holmes 'leaving This Morning to join GB News', "MPs expected to quiz Barclays chief over links to billionaire sex offender", "The other guy you need to know at J.P. Morgan", "A Dossier on Jes Staley: J.P. Morgan's Next CEO? In the past, he donated money to the Democratic Senatorial Committee. The fresh claims are included in the USVIs lawsuit accuse JP Morgan of turning a blind eye to illegal activities committed by Epstein a client of the bank on his private island, Little St James, which is part of the Caribbean US territory. JP Morgan has also urged the court to dismiss the lawsuit, acknowledging that Jane Doe 1 is 'entitled to justice', but adding that she had filed baseless claims against the 'wrong party'. Mr Staley: Dont tell me, a French wine. Amid the fallout, Wexner recently sold a majority stake in the lingerie brands parent company. The paper also noted that Staley had visited Epstein roughly a decade ago during his sentence for soliciting prostition from a minor. In August 2009 Mr Staley emailed Epstein saying he would be in London and the pedophile asked if he needed anything. How to Geta Free Flight to Hong Kong in 500,000 Airline Ticket Giveaway, Apple Suppliers Are Racing to Exit China, AirPods Maker Says, Microsoft Expands Game Pass as Regulators Fret Over Activision Deal, Stocks, Bonds Drop as Traders Weigh Data, Fedspeak: Markets Wrap, Cash Is Paying More Than Traditional Stock-Bond Portfolio. Say hi to Snow White', forced out in 2021 over his links to Epstein. Shortly after the lawsuit was filed, the governor of the Virgin Islands, Albert Bryan, fired Denise N. George as attorney general on New Years Eve. The visit occurred at Mr. Epsteins Palm Beach office, where he was allowed to serve part of his 13-month sentence, The Times said. Staley specifies sailing as his hobby on BlueMountain's website. Maxwell, daughter of the British press baron Robert Maxwell, was found guilty of sex trafficking and related charges for luring girls as young as 14 into Epsteins abusive orbit. In 2013 he moved to BlueMountain Capital, and in December 2015, became CEO of Barclays. Bloomberg reported in 2019 that Staley and his wife had visited Epsteins Caribbean retreat in 2015; The New York Times, meanwhile, found that Epstein had referred rich clients to Staley while he worked at JP Morgan in the 2000s. Between 2008 and 2012, Mr Staley exchanged around 1,200 emails with Epstein from his JP Morgan email account, it is claimed. Mr Staley, 66, was chief executive of JP Morgan's exclusive private bank, which counted Epstein as a client, until 2013. JP Morgan declined to comment. Staley's lawyers have previously denied he has any involvement in 'any of the alleged crimes committed by Mr Epstein. His estate has paid out more than $125 million in settlements and recently agreed to pay more than $105 million to the Virgin Islands government to settle another lawsuit filed by the attorney generals office. They agreed Mr Staley would come in January 2009 and around the time of his visit, Epstein wired $2,000 (1,600) to a woman with an 'Eastern European surname', it is claimed. Mr Staley to Epstein: That was fun. 'As a result of Staleys direct and actual knowledge of Epsteins sex-trafficking venture, JP Morgan had direct and actual knowledge of Epsteins sex-trafficking venture.'. He is one of four children who moved frequently with their father, Paul, a plant manager for Procter & Gamble. During cross-examination, defense attorney Terri Moore contended Wilder had been saying the same phrase but with the names of Amber's then best friend and a girlfriend of Robert "Bubba" McDaniel Jr. Amber and Bubba, Wilder's father, were not together at the time of the childs death. following an inquiry over his links to Jeffrey Epstein, What is a munch on TikTok? It said: 'Between 2008 and 2012, Staley exchanged approximately 1,200 emails with Epstein from his JP Morgan email account,' the amendment alleges. He spent 34 years at J.P. Morgan's investment bank,[2] ultimately becoming CEO. These communications show a close personal relationship and profound friendship between the two men and even suggest that Staley may have been involved in Epsteins sex-trafficking operation. His father later became CEO of PQ Corporation, a chemicals business based outside Philadelphia, where Staley grew up. She said the support she got from other teams was 'overwhelming. Jes Staley has stepped down from his role as Barclays CEO as of November 1st 2021following an inquiry over his links to Jeffrey Epstein. Staley's eldest daughter, however, will not be found doing such things. Bank CEO identifies the new most important jobs in private equity, Goldman Sachs MDs seen quitting for Balyasny, Citadel post-bonuses, Now Credit Suisse lost some of its most senior credit people in Paris, Bankers on TikTok: The MD on 500k+, the PE guy on 200k+. The child had been saying "No James," Taylor testified. The Times reported that Barclays denied being lobbied by Epstein on behalf of Staley, and that Staley is said to have been unaware that Epstein was backing him for the role. Barclays has a policy that directors should own shares worth four times their salaries, which Staley achieved, as his salary amounted to 1.2m. On November 1st 2009, while Epstein was still in prison for having sex with underage girls, Mr Staley emailed him while staying on his Caribbean island. A spokesperson for Staley declined to comment, but a lawyer for Staley had previously said we wish to make it expressly clear that our client had no involvement in any of the alleged crimes committed by Mr Epstein.Staley developed a relationship with Epstein in 2000, when he was hired to lead JP Morgans private bank, which handles wealthy clients. He later moved to Brazil to help set up its investment banking venture in South America, where he met his future wife Debbie - just days after arriving. During cross examination, Moore asked Taylor if he knew about a video showing Wilder saying, "Love you," to Staley or a video of the child and Staley lighting the grill together for the cookout. In another email, Epstein sent Mr Staley photos of a young woman in a 'seductive pose', according to US court documents. Separately, the private equity billionaire Leon Black stepped down as CEO of Apollo Global Management in January after an internal report concluded that he had paid Epstein $158 million over several years for estate and tax planning advice.. Amber has been charged with child endangerment in connection with bringing Wilder around Staley. A woman suing JPMorgan Chase & Co. for facilitating her sexual abuse by Jeffrey Epstein is claiming Jes Staley personally observed that abuse when he was the In one exchange Mr Staley, is said to have written 'say hi to Snow White' and asked if 'Beauty and the Beast' was free. It's M&A, but not as you know it. [22][needs update], Staley is a former trustee of Bowdoin College, serves on the board of the United States-China Business Council, and is a member of the advisory board of the American Museum of Natural History. [12] In 2009, Staley was promoted to Chief Executive of the Investment Bank. Soon after, JPMorgan wired $3,000 from an Epstein account to an Eastern European woman, prosecutors said. During her trial, a JP Morgan banker testified that Epstein wired her $31m (25m), and prosecutors suggested this was Maxwells payment for procuring young girls for Epstein and friends. He writes: So when all hell breaks lo[o]se, and the world is crumbling, I will come here, and be at peace. 6. Alexa, who has a PhD in physics from Columbia University, is currently between jobs. [20][needs update] In March 2016, he gave his vision for the future of Barclays' investment bank,[21] although the changes he brought until then were not well received by the markets. It read: 'Maybe they're tracking u? [1] Staley has nearly four decades of experience in banking and financial services. But do you really know Jes? Jes studied at Bowdoin College and graduated with a degree in economics. "You are to determine facts," Young said. That was fun. According to Reuters, which first reported the resignation, Staley has previously expressed regret for his ties to Epstein. As per Alexas website, she attended Columbia University in New York and graduated in 2015 with a JPMorgan and a lawyer for Mr. Staley declined to comment. Staley was born in Boston in 1956. But it was great to be able, today, to give you, in New York City, a long heartfelt, hug'. This defendant smothered the life out of that sweet little boy, Lisa Tanner, one of the prosecutors, told the jury during her extensive opening statement. ET on Monday. Have something to tell us about this article? Jes Staley was chief executive officer at British lender Barclays Plc for six years. The 64-year-old American Master of the Universe had shown an The document bolstered claims in the original complaint, filed in late December, that James E. Staley, who was the lead private banker of JPMorgan, and Mr. Epstein were unusually close and that the bank should have been aware of the relationship. On November 1, the British Daily Mail published Until his shocking departure yesterday, 4 million-a-year Barclays boss Jes Staley had seemed like the banker with nine lives. Tanner said Staley referred to Wilder with a racial slur in those messages, too. She was seeing Staley, and she and Wilder were staying at Staley's house when the child died. Ice Spice explains the real meaning, Historys Greatest Mysteries | Season 2 Official Trailer | Sky History, https://i.ytimg.com/vi/94QWm8CYBWI/hqdefault.jpg. Pictured:Jeffrey Epstein appears in a photograph taken for the New York State Division of Criminal Justice Services' sex offender registry March 28, 2017, Jes Staley, then CEO of Barclays bank, attends the World Economic Forum annual meeting in Davos, Switzerland January 20, 2017. Jes Staley will be the new CEO of Barclays. He became head of Barclays in 2015 and [34], On February 23, 2022, Barclays froze 22 million worth of bonuses for Staley pending investigation into his links to Epstein by the FCA and the PRA. Like Dimon, Staley has Democratic inclinations. Check back with www.timesrecordnews.com for more coverage of this trial. Twitter is alive with photos of Staley, pint in hand, standing in front of some pork pies as he fraternizes with the bank's commercial clients. [3] In November 2021 Staley resigned amid a regulatory probe into whether he mischaracterized his relationship with the financier and sex offender Jeffrey Epstein. [13] In this position, Staley was responsible for overseeing and coordinating the firm's international efforts across all lines of business. James Edward "Jes" Staley (born December 27, 1956) is an American banker, and the former group chief executive of Barclays. She laid out the prosecution's case, which includes dozens of texts and Facebook messages. Bloomberg Markets live from New York, focused on bringing you the most important global business and breaking markets news and information as it happens. She made a post herself at about 11:30 p.m. Staley's defense attorneys also contend autopsy results don't line up with what prosecutors claim happened, and that Gillespie has had enormous pressure brought on him to prosecute Staley. He has now been named in a lawsuit filed by one of Epstein's victims, a woman known only as Jane Doe 1. - Staley worked for Airware, a San Francisco company that offers "drone solutions" to companies in the insurance, mining and construction companies for sixteen months. In 1990 he was asked by then-CEO Sandy Warner to manage the group's private banking division. During that time, the bank is alleged to have 'serviced approximately 55 Epstein-related accounts collectively worth hundreds of millions of dollars'. Morgan Stanley CEO James Gorman's daughter, Caroline wants to be a singer, but not all senior bankers' progeny are averse to following their in fathers' footsteps. Debbie Staley: Daughter: 2: Net Worth: $120 million: Salary: $4 million: Body Shape: Average: Height: 5ft 6 inches: Weight: 70kg(154 lbs) Hair Color: Jes Staley is Between 2008 and 2012, Staley exchanged approximately 1,200 emails with Epstein from his JP Morgan email account, the USVI said in freshly unredacted documents. He stood down as CEO on November 1, 2021, and was succeeded by C. S. No James house.. She left her most recent role in April. [33] It was reported that Staley and Epstein exchanged 1,200 emails over the course of four years. The woman also claims Staley would often visit Epstein at his homes, which included 'the massage room' within his townhouse in New York, as well as his private island in the US Virgin Islands and a 'victim stash house' in Manhattan. 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