Staley, Epstein & the Cost of Association

(mis)Conduct, Money & Reputation

In this episode, David Masters and Neil Robson unpack the high-stakes appeal by Jes Staley against his lifetime ban from the FCA, and the tangled web of his relationship with Jeffrey Epstein at the heart of this case.

The conversation turns to the newly uncovered extent of their relationship, the regulator’s rationale for such a decisive penalty, and whether the appeal has unintentionally magnified public scepticism. Beyond that, it revisits a lesser-known whistle blower episode that marked a troubling chapter in his leadership at Barclays, while expanding the focus to Epstein - his crimes, his influential network, and the presence of high-profile figures such as Donald Trump.

With comparisons drawn to financial criminal Bernie Madoff, the episode highlights how powerful individuals can evade scrutiny for years, shielded by status and influence, until their reputations collapse. With credibility hanging by a thread, the question remains: is redemption still possible for Staley, and what does his case reveal about the fragility of reputation at the highest levels of financial services?

Recorded and produced at the Lansons Studios

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This podcast contains discussions around sensitive topics, including sexual assault, abuse, and other potentially distressing subjects. Listener discretion is advised. If you or someone you know is affected by any of the issues raised, please consider seeking support from a trusted organisation or professional.

Fejezetek

1. Introduction (00:00:00)

2. Overview of Jes Staley's Case (00:00:47)

3. Staley and Epstein's Relationship (00:01:40)

4. Staley's Appeal (00:03:12)

5. Media Reaction (00:07:58)

6. Business Practices and Criminal Activities (00:10:02)

7. Staley’s FCA Troubles and the Fallout of his Appeal (00:17:21)

8. Echoes of Bernie Madoff (00:24:10)