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Barclays summoned for ties to Jeffrey Epstein


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“Barclays has already responded to this subpoena and has honored its commitments,” a bank spokesman told CNBC.

The Virgin Islands “are currently in the process of serving a similar subpoena to Barclays in the UK and Barclays will respond to this subpoena once it is served,” the spokesman said.

A US Attorney’s spokeswoman for the Virgin Islands District did not immediately respond to CNBC’s request to comment on the subpoenas.

The Virgin Islands’ first subpoena to Barclays was looking for a range of materials related to Epstein-related accounts, including transactions and investments, CNBC learned.

That subpoena also called for communication between Epstein and Staley, who agreed to step down from his role at Barclays after the company reviewed preliminary conclusions from an investigation into his relationship with the dead sex offender.

CS Venkatakrishnan, known as Venkat, will replace Staley as CEO of Barclays starting Monday, the bank said in a statement.

The investigation, conducted by the UK’s Financial Conduct Authority and the Prudential Regulation Authority, did not reveal that Staley was aware of any alleged crimes committed by Epstein, the bank said in a statement.

Epstein was arrested on child trafficking charges in July 2019, but hanged himself in a federal prison in Manhattan a month later.

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