James 'Jes' Staley is an American banker best known as the former Group Chief Executive of Barclays. Prior to Barclays, Staley spent 34 years at J.P. Morgan's investment bank. In 2013, he transitioned to BlueMountain Capital before assuming the CEO role at Barclays in December 2015. His career reflects a long trajectory in the banking and financial sector, culminating in leadership positions at major institutions.
Jes Staley faces scrutiny as his connection to Jeffrey Epstein resurfaces in newly revealed documents and Leon Black messages. Testimony from an Epstein trustee is also contradicting Staley's previous statements regarding his relationship with Epstein.
In 1948, Jes Staley's maternal grandfather, James Rhyne Killian, became the president of Massachusetts Institute of Technology.
On December 27, 1956, James Edward "Jes" Staley was born. He would later become an American banker and the former group chief executive of Barclays.
In 1959, James Rhyne Killian ended his time as president of Massachusetts Institute of Technology. He was Jes Staley's maternal grandfather.
In 1976, W. T. Grant, where Jes Staley's grandfather, Edward Staley, was the top executive, filed for bankruptcy.
In 1979, Jes Staley joined Morgan Guaranty Trust Co. of New York City after graduation.
In 1980, Jes Staley started working in the Latin America division of Morgan Guaranty Trust Co.
In 1989, Jes Staley ended working in the Latin America division of Morgan Guaranty Trust Co.
In 1999, Jes Staley became the head of the Private Banking division at J.P. Morgan, improving profitability threefold within two years.
In 2001, Jes Staley was promoted to CEO of J.P. Morgan Asset Management.
On December 26, 2009, while Jeffrey Epstein was on house arrest for procuring a child for prostitution and soliciting a prostitute in Florida, Jes Staley wrote, “Fun tonight. What do we do next?????”, with Epstein offering access to his driver, helicopter, marinas, ATV's, jet ski and gym.
In 2009, Jes Staley ended his tenure as CEO of J.P. Morgan Asset Management, during which client assets expanded significantly.
In 2009, Jes Staley traveled to Little St. James, Epstein's private island in the Caribbean.
In 2009, Jes Staley was promoted to chief executive of the Investment Bank at J.P. Morgan, overseeing international efforts.
In 2010, Jes Staley was noted as a former trustee of Bowdoin College, a member of the board of the United States-China Business Council, and a member of the advisory board of the American Museum of Natural History.
In October 2011, Stephen Cutler, the General Counsel of J.P. Morgan, complained to Jes Staley and others that Jeffrey Epstein was "not an honorable person in any way" and should not be a client.
Around 2012, Jes Staley and CEO Jamie Dimon reportedly had a falling out over Staley's client, Jeffrey Epstein.
In the summer of 2012, Jeffrey Epstein allegedly began advocating for Jes Staley in financial circles during Barclays' search for a new CEO.
In 2013, JP Morgan discarded Jeffrey Epstein as a client due to increased pressure from federal regulators. This was the same year of Staley's departure.
In 2013, Jes Staley left J.P. Morgan after more than 30 years to join BlueMountain Capital as a managing partner.
In May 2015, Jes Staley was elected to the board of directors of UBS, a Swiss global financial services company, as a member of the Human Resources and Compensation Committee and of the Risk Committee.
In October 2015, Jes Staley's contribution to JP Morgan becoming an LGBT friendly company was recognized.
In October 2015, the Daily Mail published an article about emails indicating that Jeffrey Epstein "began arguing for Mr. Staley in financial circles in the summer of 2012" while Barclays was searching for a new CEO.
On October 28, 2015, it was announced that Jes Staley would become the group chief executive of Barclays, effective December 1, 2015.
On December 1, 2015, to avoid conflicts of interest, UBS accepted Jes Staley's resignation from all of his functions at UBS with immediate effect.
In December 2015, Jes Staley became the CEO of Barclays after spending 34 years at J.P. Morgan and a brief period at BlueMountain Capital.
In autumn 2015, Jes Staley spent £6.4m buying 2.8m shares in Barclays at 233p, fulfilling the company's director share ownership policy. His total remuneration package was worth £10m in 2015.
In March 2016, Jes Staley presented his vision for the future of Barclays' investment bank, although the changes were not initially well-received by the markets.
In 2016, Jes Staley attempted to discover the identity of a whistleblower who wrote a letter raising concerns about a senior employee.
As of May 2017, Jes Staley was backing his brother-in-law Jorge Nitzan in a dispute that Aceco, a Brazilian technology company founded by the Nitzan family, had with the private equity firm KKR, leading to KKR stopping invitations to Barclays for deal-making.
In May 2017, Jes Staley was pranked by "email prankster" James Linton with an acrostic alluding to the whistleblower affair.
On April 20, 2018, the Financial Conduct Authority and the Prudential Regulatory Authority announced that Jes Staley could remain CEO, but he would be fined £642,430, and Barclays would cut £500,000 of his bonus.
In August 2019, Jeffrey Epstein died in custody while awaiting trial on charges for paedophilia, leading to increased scrutiny of Jes Staley's relationship with him.
In February 2020, the FCA announced an investigation into whether Jes Staley was "fit and proper" to lead Barclays due to concerns about his disclosures of his relationship with Jeffrey Epstein.
In November 2021, Jes Staley resigned from his position at Barclays amid a regulatory probe into his relationship with Jeffrey Epstein. The New York Times reported that Staley was Epstein's "chief defender" at J.P. Morgan.
On November 1, 2021, Jes Staley resigned from Barclays following the results of the company's investigation of his associations with Jeffrey Epstein. It was later reported that Staley and Epstein exchanged 1,200 emails over four years.
Jes Staley told colleagues in 2021 that he expected to leave Barclays by the end of 2021.
On February 23, 2022, Barclays froze £22 million worth of bonuses for Jes Staley pending investigation into his links to Jeffrey Epstein by the FCA and the PRA.
In April 2022, the Wall Street Journal reported that Jes Staley traveled to Little St. James, Jeffrey Epstein's private island in the Caribbean, in 2009.
In January 2023, Jes Staley was named in a lawsuit by a victim of Jeffrey Epstein against JP Morgan, alleging that JP Morgan had enabled Epstein's behavior. The suit alleged Staley knew Epstein was trafficking women and that he personally witnessed Epstein abusing an underage girl.
In May 2023, Jes Staley claimed in legal papers that JP Morgan's chief executive Jamie Dimon discussed business with Jeffrey Epstein, contradicting Dimon's sworn denial of involvement with Epstein as a client.
In June 2023, details of Jes Staley's email exchanges with Jeffrey Epstein on December 26, 2009, were reported, including Staley's message about having "fun tonight" and Epstein's offer of his driver, helicopter, marinas, ATV's, jet ski and gym in St. Thomas.
On March 3, 2025, Jes Staley appealed a UK financial industry ban over his ties to Epstein, accused of approving a misleading letter about their relationship.
In June 2025, Jes Staley lost his bid to overturn a ban from holding senior leadership.
On September 17, 2025, US congressman Thomas Massie claimed during a House hearing that Jes Staley was on a list of prominent men to whom Jeffrey Epstein had sex trafficked young women and girls, alleging this list was in FBI possession.
In December 2025, it was revealed that Jes Staley and Lawrence Summers had been appointed by Jeffrey Epstein as executors of his estate.
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