Barclays CEO 'shocked' by Epstein revelations as bank deals with Staley fallout

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Barclays Chief Executive Expresses Shock at Epstein Revelations Amid Fallout from Ex-CEO Staley's Ties

In a surprise statement, Barclays CEO CS Venkatakrishnan described himself as "deeply dismayed and shocked" by the depravity and corruption revealed in the recently published Jeffrey Epstein files. The comments come amidst fallout from the bank's ex-CEO Jes Staley's ties to the convicted sex offender.

Venkatakrishnan expressed his condolences to the victims of Epstein, stating that he is "very, very deeply dismayed and shocked" by the moral depravity and corruption in the documents. However, he stopped short of commenting directly on allegations against Staley, who resigned from Barclays two years ago over preliminary findings from an investigation.

US prosecutors reviewed allegations of rape and bodily harm against Staley in 2019 but failed to pursue them. The ex-CEO has denied wrongdoing but admitted to having sex with a member of Epstein's staff during a massage session in New York. A UK court hearing revealed that Staley described the encounter as "consensual."

The bank is currently battling a class-action lawsuit in the US over claims it defrauded and misled investors about Staley's relationship with Epstein. Barclays, along with its chair Nigel Higgins, are accused of repeatedly representing a false history between Staley and Epstein to media and investors.

Despite the controversy surrounding Staley, Venkatakrishnan emphasized that the bank has nothing further to add on the matter. Meanwhile, Barclays reported annual profits of £9.1bn in 2025, with plans to return more than £15bn to shareholders between 2026 and 2028.

The revelation echoes those of Bank of England Governor Andrew Bailey, who expressed shock at the information shared by Peter Mandelson regarding confidential government deliberations after the 2008 financial crisis. The case highlights a deeper societal issue, with Bailey questioning how such incidents can occur in modern society.
 
I mean, you'd think that if someone's got ties to a convicted sex offender like Epstein, they're done, you know? But nope, Staley gets off scot-free after some fancy lawyers and the US prosecutors decide not to pursue anything. It's just wild 🤯. And now Barclays is dealing with this fallout too, and their CEO is all shocked and dismayed... yeah, right 😒. I'm not buying it. The fact that they're only talking about how sorry they are for the victims without directly addressing Staley's involvement is just a PR move to cover their own behinds. It's all very shady 🤑. Anyway, on a lighter note, did you see that Barclays is still making bank (pun intended) with those profits? £9.1bn and plans to return more than £15bn... someone's getting paid 😂.
 
omg i cant believe how much these bankers have to hide from us 🤯 Barclays CEO is just now saying he's "deeply dismayed" by epstein's files... I mean come on, it took the bank 2 years for them to realize they had a problem with their ex-CEO? That's like, forever in banking time 😂. And what really gets me is that venkatakrishnan refused to comment on allegations against staley... like, where was he all this time? 🤔 it just feels so... 2008 all over again 💸. remember when andy bailey was going off about the bank of england's role in the financial crisis? now we're dealing with epstein files and class-action lawsuits... its like, same old same old 😒. barclays just reported a profit of £9.1bn this year and they're planning to give back £15bn to shareholders... meanwhile, i'm still trying to wrap my head around the fact that epstein was running his dark show from right under our noses 🕷️
 
This is so worrying 🤕... I mean, Barclays CEO is saying he's shocked about Epstein revelations, but what if they already knew something was off? Like, why did Staley resign two years ago without being charged or anything? And now there's a class-action lawsuit against the bank and it's still not commenting on Staley's ties. It just seems like there's more to this story... Maybe we should be asking questions about how these connections were made in the first place? 💡
 
omg, i cant believe this is still happening 🤯, its like banks and power people think theyre above the law or something? i mean yeah we all knew staley was shady but wow venkatakrishnan just saying he's "deeply dismayed" doesn't cut it lol. what about the victims of epstein? where r they now? Barclays is making bank off profits while this guy is still getting a paycheck and people are still dying from epstein's crimes 🤷‍♀️
 
I'm still trying to wrap my head around this whole Epstein thing 🤯... I mean, Barclays CEO CS Venkatakrishnan is basically saying he's "deeply dismayed and shocked" by the revelations, but it's a bit weird that he didn't mention Jes Staley directly. Like, isn't that what you're supposed to do when your ex-CEO ties to a convicted sex offender come out? 🤔

And can we talk about how some people just get off scot-free? Like, US prosecutors reviewed allegations against Staley in 2019 and still decided not to pursue it. It's crazy. 💁‍♀️ The bank is fighting a class-action lawsuit, but I'm sure they'll figure something out... or maybe not 😅

It's all so frustrating when you think about how this stuff happens and nobody gets held accountable. Like, what even is the point of having laws if people just get away with it? 🤷‍♀️
 
🤦‍♂️ Like seriously, what's new here? A CEO expressing shock at some documents and people losing their jobs... big deal 🤑 I mean, CS Venkatakrishnan's got a reputation to uphold after all. The bank just reported record profits and everyone's too busy with the Epstein drama. Meanwhile, we're still waiting for them to fix the mess they made during Staley's tenure 😏. Barclays is like "oh no, our ex-CEO had some questionable friends" and then promptly forgets about it. Typical corporate spin 🙄
 
I don’t usually comment but... this whole Epstein thing is seriously wild 🤯. I mean, you got these super powerful people like Staley and Venkatakrishnan, who are basically supposed to be role models, and they're getting caught up in all this shady stuff 💸. And it's not just them, it's the whole system, you know? Like, how did we let this happen? 🤔

I'm just really disappointed that more people aren't speaking out about this kind of thing. I mean, Venkatakrishnan is basically saying he's shocked and all that, but he's not really doing much to address it, you know? Just kinda shrugging it off like it's no big deal 😐.

And what's with the whole "consensual" thing with Staley and Epstein's staff member? Like, no one ever questions that 🤷‍♂️. It's just so messed up. I don't think we're ever gonna fully understand what went down in this case, but I do know it's not okay 💔.

Anyway, just my two cents. I guess it's good to see people like Bailey speaking out about these issues 🗣️. Maybe that'll help spark some real change...
 
idk why barclays is only now talking about this? seems like they knew staley was problematic and did nothing. £15bn to shareholders? what about the victims of epstein's abuse? that money could've been used to help them out instead of lining the pockets of wealthy shareholders 🤑👎
 
🤯 I mean, Barclays CEO is shocked about Epstein files? Like, isn't that just basic corporate responsibility to know who's friends with a convicted sex offender? It feels like they're trying to distance themselves from the scandal now that Staley's gone... 🤑 And what about all those £15bn profits? Is it really too much to expect some of that money to go towards helping Epstein's victims or supporting reform efforts? 💸 The whole thing just reeks of privilege and lack of accountability. We need to do better than "deeply dismayed" when there are actual human lives at stake 🌎
 
I think Venkatakrishnan is totally overreacting 🙄. I mean, come on, he's basically saying that everyone involved in this whole mess deserves to be locked up forever 😂. Newsflash CS: Epstein was a pervert who got what was coming to him, and Staley made some questionable choices, but let's not forget he's still a respected businessman 🤑.

I think the real question here is how Barclays managed to get away with so much and still rake in billions of pounds 🤷‍♂️. And don't even get me started on Venkatakrishnan being all "deeply dismayed" when it's clear he knew nothing about Staley's shenanigans before becoming CEO 🙃.

The fact that US prosecutors decided not to pursue charges against Staley in 2019 is a total miscarriage of justice, but let's not forget the bank has been paying out millions in fines and settlements over the years 💸. It's time for some tough love, not hand-wringing from CEOs who have no idea what it means to run a real business 🤔.
 
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