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Business & Economics

Barclays Chair told FCA Epstein-Staley ties did not need board review in 2019

Reuters
Summary
Nutrition label

79% Informative

Barclays chairman Nigel Higgins believed Jes Staley's ties with late financier Jeffrey Epstein did not warrant a board discussion in the summer of 2019 .

Staley is challenging the Financial Conduct Authority's decision to ban him from working in the British finance industry in a London court.

The case has once again shone a light on Barclays ' handling of the departure of Staley , who left the bank in 2021 .

VR Score

91

Informative language

97

Neutral language

71

Article tone

semi-formal

Language

English

Language complexity

50

Offensive language

possibly offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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