Ex-Barclays boss Jes Staley banned over Epstein scandal

Barclays' former boss has been banned from holding senior positions in the UK after he mischaracterised his relationship with convicted sex offender, Jeffrey Epstein.

Jes Staley has also been fined £1.8m, said the Financial Conduct Authority.

The regulator said Mr Staley had claimed not to be close to Epstein when in reality he viewed him as a "cherished" friend.