# Barclays

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Barclays CEO Jes Staley is being investigated by the UK's Financial Conduct Authority (FCA) over his close relationship with convicted sex offender Jeffrey Epstein, including a visit to his 'paedophile island'. Staley admits to having taken a sailing trip to the island with his wife before joining the bank, but claims to have cut all ties with Epstein afterwards. The FCA is now examining whether Staley has been fully truthful about his connections to Epstein, which could result in a fine or even a ban from the UK financial services industry.

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