Saturday, November 27, 2021

Jeffrey Epstein and ex-Barclays CEO exchanged 1,200 emails over four years

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Regulators struggled to grasp the meaning of some of the terms used in the news, such as: B. a reference to “Snow White”.

Jeffrey Epstein and ex-Barclays CEO Jes Staley exchanged more than 1,200 emails in four years, some of which contained unexplained terms such as “Snow White”.

The correspondence first came to light a fortnight after Mr Staley resigned from Barclays after seeing the preliminary conclusions of a UK regulatory investigation into whether he had described his relationship with Epstein as purely professional the Financial Times.

The City Watchdog’s results have not yet been released, and Mr Staley said he intended to challenge the results.

Convicted sex offender Epstein was a client of JP Morgan, where Mr. Staley worked for 30 years and rose to the top of the ranks as head of the private bank.

It is said that many of the emails sent between the two men between 2008 and 2012 were businesslike, discussing news articles, or meeting for a drink, but others revealed a close relationship between the two men.

Regulators struggled to understand the meaning behind some of the terms used, such as “Snow White” which appeared in a brief exchange with two messages, presumably referring to a face-to-face conversation.

The U.S. Virgin Islands have asked British bank Barclays to release information related to recently convicted sex offender Jeffrey Epstein, the bank said on Friday.

Barclays received a subpoena in the US from the US Virgin Islands in February, the bank confirmed.

Kathleen Harris, a Staley attorney, said, “We want to make it very clear that our client was not involved in any of the alleged crimes of Mr. Epstein and that Mr. Staley has never used code words in any communication with Mr. Epstein.”

Mr Staley reportedly visited Epstein while serving a prison term in Florida in 2009 for bringing a child into prostitution and recruiting a prostitute. He said he began cutting ties with the financier in 2013 when he left JP Morgan.

Epstein died of suicide in prison in August 2019 while awaiting trial for sex trafficking with underage girls.

Links between him and his contacts were investigated after revelations, with some friends and business contacts being implicated in his predatory pursuits. His former employees include Bill Clinton, Donald Trump and Queen Elizabeth’s son, Prince Andrew.

In July 2020, his ex-girlfriend and longtime employee Ghislaine Maxwell was arrested on charges of Epstein’s sex trafficking operation.

When asked about the case, a Barclays spokesman referred to an earlier statement which said, “The investigation does not reveal any evidence that Mr. Staley saw or was aware of any of the alleged crimes of Mr. Epstein”.

Additional coverage from Reuters

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