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

C

CoreZenith

Barclays CEO Deeply Disturbed by Epstein Revelations Amid Fallout from Ex-Boss Staley's Scandal

In a recent statement, CS Venkatakrishnan, the chief executive of Barclays, expressed his deep dismay and shock at the "depravity and corruption" revealed in the Epstein files. While acknowledging his thoughts are with the victims of Epstein's crimes, Venkatakrishnan stopped short of commenting directly on allegations against his predecessor, Jes Staley.

The remarks come as Barclays grapples with the fallout from Staley's ties to convicted child sex offender Jeffrey Epstein. 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.

According to reports, US prosecutors reviewed allegations against Staley, including that he forced a woman to touch his genitals during a massage before raping her, but no evidence suggests they pursued charges. Staley has denied any wrongdoing and failed to respond to requests for comment from The Guardian.

The bank is facing significant scrutiny over its handling of the situation, with some accusing it of not doing enough to address the allegations. Venkatakrishnan's silence on the matter has only fueled speculation about the extent of Barclays' knowledge about Staley's activities.

Meanwhile, other senior figures in the financial sector have spoken out against the scandal. Bank of England governor Andrew Bailey described himself as "shocked" by the revelations, which include information shared between former UK business secretary Peter Mandelson and Epstein.

The scandal has also led to a $12bn lawsuit by US heiress Tanya Dick-Stock against Barclays and HSBC over a Jersey trust allegedly linked to the Epstein scandal. Both banks have declined to comment on the matter.

Barclays has reported strong profits, with a near-13% increase in 2025, but the bank's chairman, Nigel Higgins, remains under pressure as the class action lawsuit continues. The outcome of the case could have significant implications for Barclays and other financial institutions.

As the scandal continues to unfold, it is clear that more needs to be done to address the issue of abuse of power and corruption in the financial sector. With many questions still unanswered, it remains to be seen how Barclays will navigate this crisis and restore trust with its customers and investors.
 
can't believe barclays' silence on staley's allegations 🙄, especially after they just reported those record profits 💸. it's like they're trying to sweep this under the rug 🧹. but honestly, who can blame them for being quiet? this whole thing is super messy and complex 🤯. as for venkatakrishnan, i think he's got a tough road ahead of him trying to restore trust 💪. maybe it's time for some serious changes at the top 👥...
 
I was saying, isn't it wild how the fallout from one scandal can lead to another? Like, what's the deal with these finance guys and their "depravity and corruption" 🤯‍♂️? I mean, it's not like they're above the law or anything. But seriously, Venkatakrishnan's silence on the Staley thing is raising some red flags. Is he trying to distance himself from his predecessor or is he just playing dumb? 🤑

And what about the other guys in the financial sector who are speaking out against this scandal? Are they just trying to save their own skins or do they actually care about changing things? 💸 It's hard to say. But one thing's for sure, more needs to be done to hold these power players accountable.

I was talking about this last week when I saw that Barclays is reporting strong profits despite all the drama. Like, don't they think that's a little suspicious? 🤑 Are they trying to launder some money or something? I know it sounds crazy but you never know what goes on behind closed doors in those fancy buildings.

Anyway, it's clear that more needs to be done to address the issue of abuse of power and corruption in the financial sector. We need to hold these guys accountable for their actions and make sure they're not getting away with anything. 💪
 
I'm like totally shocked by all this scandal stuff going down at Barclays. I mean, I knew they had some issues with their ex-boss Jes Staley and his ties to Epstein, but I didn't realize it was that deep 🤯. It's crazy how these big banks can be so involved in all this corruption and abuse of power, and then just pretend like nothing's wrong 💸.

I'm glad that the CEO is speaking out against some of the depravity and corruption, but at the same time, I feel like he should be saying more about what Barclays knew about Staley's activities 🤔. And with all these lawsuits and class actions going on, it's clear that the financial sector needs a major overhaul 🚧.

It's also wild to see how some of these big shots are talking out against the scandal, but I'm not buying it 😒. The Bank of England governor is saying he's shocked, but come on, Andrew Bailey, you're part of the same system that lets this stuff happen 🤑.
 
i feel so bad for all the victims of epstein's crimes 😔. it's like they're stuck in a nightmare and nobody seems to be listening 🤕. and now barclays is caught up in this too... how many more people have to get hurt before someone gets held accountable? 💸 it's just not right that staley's silence on all these allegations is being seen as okay 🙅‍♂️. like, what if he was involved with epstein for a reason? 👀. and what about the bank of england governor, andrew bailey... shouldnt he be speaking out more too? 🤔. this whole thing just stinks 😷.
 
🤔 I'm so late to the party on this one, but I just read about the whole Epstein scandal thing going down at Barclays and I gotta say, it's wild. Like, what were they thinking? Jes Staley was basically besties with a convicted sex offender and now he's playing dumb when called out? No thanks. I feel bad for the victims of course, but come on guys, get your act together.

And Venkatakrishnan's all calm and collected about it too? Like, what's going on here? Is everyone just letting this slide because they don't wanna rock the boat? Newsflash: corruption doesn't rock the boat, it sinks the whole ship. I'm not saying Barclays is inherently bad or anything, but this whole thing stinks to high heaven.

And don't even get me started on the class action lawsuit. $12 billion? That's like, a lot of money. I guess when you're making bank (pun intended) and someone comes along and accuses you of wrongdoing, it's time to shell out. But seriously, how did this all go down in the first place? There should be some serious accountability here.

Anyway, just my two cents from way behind the curve 😂.
 
Ugh, can't believe what's going on in the finance world right now 🤯. Like, I get it, we're all human beings and mistakes happen, but come on, $12 billion? That's insane 💸! And to think that some of these people were actually influential and powerful... it's like, how did this all go so wrong? 😕

And what really gets my goat is that some of them are just being really vague about the whole thing. I mean, come on, CS Venkatakrishnan can't even mention Jes Staley directly without getting nervous 🙅‍♂️! It's like they're all worried about getting caught or something.

I'm all for holding people accountable and making sure that those in power don't abuse their positions, but at the same time, I feel like we're just scratching the surface of this whole thing. There are still so many unanswered questions... it's like, what happened? How did this all go down? And what's going to happen next? 🤔

I guess that's just how these things go, though. You gotta keep digging and pushing for answers until justice is served 💪. Fingers crossed that Barclays can get through this mess without too much damage... we'll see 😅.
 
I'm not sure what's more shocking - the fact that Epstein's crimes went on for so long or the way some people are handling the fallout now 🤔. It's really disappointing to see how one bank is trying to sweep this under the rug when they should be taking responsibility and doing more to prevent similar situations in the future 💸. I mean, I get that Venkatakrishnan didn't say anything directly about Staley, but it feels like Barclays is just trying to contain the damage rather than being proactive about addressing the problem 🤦‍♂️. We need to see more transparency and accountability from these big financial institutions 👀.
 
omg u guys Barclays CEO is SO worried about epstein revelations 🤯 like he's not addressing the fact that his old boss was tied to a convicted pedophile 🚫 that's some bad optics right there 😳 i'm low-key impressed that the bank is raking in profits while this scandal unfolds tho 🤑 it's gonna be super interesting to see how this all plays out 💸
 
I'm thinkin' what's really goin' on here is a classic case of "too little, too late" 😒. The fact that Barclays CEO Venkatakrishnan isn't directly addressin' the allegations against Staley just adds fuel to the fire 🔥. It's like they're waitin' for someone else to take the fall so they can clean up their own mess.

And what really gets me is that this is all happenin' while they're still rakin' in the profits 💸. A near-13% increase in 2025? That's just laughable, especially when you consider the damage to their reputation and the potential financial fallout from this scandal 🤯.

It's a clear case of corporate governance goin' out the window 👋. These bank execs are more worried about their bottom line than doin' what's right 💸. We need to hold 'em accountable for their actions, not just let 'em sweep it under the rug 🔴. This scandal's just the tip of the iceberg; we need systemic change in the financial sector to prevent this kind of thing from happenin' again 🚧.
 
i'm getting so tired of these rich ppl think they're above the law 🙄. it's like they're too busy counting their money to care about the people getting hurt by their actions. CS Venkatakrishnan should be more than just "shocked" - he should be taking responsibility and demanding that his bank does something concrete to fix this mess. i mean, 13% profit increase? that's not what matters right now. it's all about holding people in power accountable for their actions 🤑
 
I'm not buying all this drama around Barclays CEO Venkatakrishnan's "shock" about Epstein files 🤔. Like, yeah, who wouldn't be disturbed by some gross stuff? But is he genuinely concerned or just trying to save his own skin? And what's with the silence on Staley's alleged shenanigans? It's like, convenient that Venkatakrishnan doesn't want to get into it 🙅‍♂️. And let's not forget, Barclays has been doing pretty well financially despite all this... a near-13% increase in profits? That's some impressive numbers 💸. Meanwhile, the real victims of Epstein's crimes (and Staley's possible wrongdoings) are still waiting for answers 🤷‍♀️. I need to see more than just empty words from Barclays before I start believing their "concern" 😐.
 
I'm literally freaking out over the layout of these news articles lately 🤯💥 It's always the same formula: "CEO shocked" or "Bank in crisis"... can't they mix it up a bit? Like, Venkatakrishnan's statement is fine, but why do I need to read like 3 more paragraphs about Staley's alleged wrongdoing just because he's not commenting on it? 🤷‍♀️ Can't we have some more nuance in our news articles? And don't even get me started on the font choices... Times New Roman is so overused 😒. Seriously though, this scandal is super disturbing and I hope Barclays can get its act together soon 💪
 
Ugh, I'm so tired of these big bosses trying to sweep stuff under the rug 🤬📊. Like, come on Barclays! You're profiting from your CEO's questionable friendship with a convicted sex offender? Not cool. And what's up with Venkatakrishnan not directly addressing Staley's alleged wrongdoing? Is he just trying to avoid getting dragged into this mess? 🤔

And let's be real, the lack of transparency is what's really disturbing here. When are we gonna see some accountability? The bank's profits are rising, but at what cost? It's like they're saying "oh, we're doing fine, don't worry about it" when really, something's seriously off 🔴.

We need more than just empty statements from CEOs and bankers to address these issues. We need real change and concrete actions taken to prevent this kind of abuse of power in the future 🚫. Until then, I'll be over here watching Barclays' stock price closely... 👀
 
🤯 just when u think the finance world can't get any sketchier, barclays CEO is low-key shook by epstein revelations 🕷️ like, what's good CS Venkatakrishnan? you're talkin bout depravity and corruption but nothin on your former boss Jes Staley? 🤔 that's a major red flag, fam. Barclays is gettin roasted over this scandal and they still managed to report strong profits 🤑 it's all about timing, right? but for real though, more needs to be done to address abuse of power and corruption in the finance sector 💸 we need transparency, not just empty statements from CEOs 😒
 
I'm not surprised at all by this whole thing 🤷‍♂️. I mean, look at all the big names involved - Staley, Epstein, Mandelson... everyone's got their own scandals going on. It's just business as usual in the world of high finance, right? 🤑 Barclays is probably just trying to sweep everything under the rug and hope it blows over 💸. The fact that Venkatakrishnan isn't commenting directly on Staley is probably because he knows his predecessor's reputation is already pretty tarnished 😒. And let's be real, the regulators are just as guilty of turning a blind eye to these kinds of things 🤥. We'll never know the full extent of what really went down, and that's just the way it is in this game 💔.
 
idk why barclays ceo is being so quiet about staley's scandal 🤔... it feels like they're trying to sweep it under the rug or something. i mean, even if no charges were pressed against staley, it's still super questionable that he was friends with epstein and didn't do anything when he found out 🙅‍♂️. and now barclays is getting slammed for not doing enough to address the issue... like, what's going on? aren't they supposed to be a bank that looks out for its customers and investors? it just seems like they're trying to save face instead of owning up to their mistakes 😐
 
I think it's pretty convenient for Venkatakrishnan to distance himself from Staley's mess without taking a strong stance on the allegations. It's like he's trying to protect his own skin while still appearing sympathetic towards the victims of Epstein's crimes 🤔. Meanwhile, Barclays is raking in profits and looking good on paper, but at what cost? The bank's lack of transparency and accountability is exactly what led to this situation in the first place 💸. And what about Staley's "denial" of any wrongdoing? That sounds suspiciously like a classic PR spin to me 🚫.
 
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