Barclays subpoenaed by U.S. Virgin Islands over Epstein ties

Economy25 minutes ago (Nov 05, 2021 20:10)

NEW YORK (Reuters) – The U.S. Virgin Islands has asked British bank Barclays (LON:BARC) to hand over information related to the late convicted sex offender Jeffrey Epstein, the bank said on Friday.

Barclays received a subpoena in the United States from the U.S. Virgin Islands in February, the bank confirmed.

“Barclays has already provided its response to this subpoena and complied with its obligations. The USVI is now in the process of serving a similar subpoena on Barclays in the U.K. and Barclays will respond to that subpoena once it is served,” a spokesman for the lender said.

Barclays said Monday that Chief Executive Jes Staley was leaving the bank after a dispute with British financial regulators over how he described his ties with Epstein.

Epstein’s estate was sued last year by the U.S. Virgin Islands, which claimed that he raped and trafficked in dozens of young women and girls on a private island in U.S. Virgin Island territory.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.