Barclays CEO quits over Jeffrey Epstein links

The Epstein probe has been running since late 2019, casting a shadow over chief executive Jes Staley even as his firm enjoyed record results

Mr Staley fended off a prior regulatory probe and a campaign by an activist shareholder to unseat him over his strategy to bolster Barclays’ investment bank.

Barclays chief executive Jes Staley has quit his job amid a UK regulatory probe into how he characterised his ties to the financier and sex offender Jeffrey Epstein.

CS Venkatakrishnan, who was promoted last year to run the Barclays markets division and was previously chief risk officer, will replace him as CEO.