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Transcripts for BBCNEWS BBC News 20211101 11:22:00

england look into that relationship between jess daly, england look into that relationship betweenjess daly, who has been head of barclays betweenjess daly, who has been head of ba rclays for a betweenjess daly, who has been head of barclays for a number of years and the disgraced jeffrey epstein. this investigation found evidence that the nature of the relationship had not been clear. it dates back to when jess staley was the boss had not been clear. it dates back to whenjess staley was the boss of jpmorgan, the private bank, which jeffrey epstein was a client. it has come to pass that there was not clarity over that relationship and therefore jess staley will step down with immediate effect. it is worth saying it is not the first time that jess staley has been in trouble at barclays. back in 2018 he was fined £6a0,000. barclays itself was fined £15 million and that is over the pursuit of a whistle blower who had tried to highlight what they saw as wrongdoing within the bank on anot

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