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Barclays Activist Adds Epstein Subpoena to Campaign to Oust CEO

  • U.S. Virgin Islands reviewing Epstein-Staley ties at JPMorgan
  • Bramson reiterates demand for Staley to leave British bank
Jes Staley
Jes StaleyPhotographer: Simon Dawson/Bloomberg

Barclays Plc’s top shareholder stepped up his campaign to oust Chief Executive Officer Jes Staley, pointing to a subpoena that requires JPMorgan Chase & Co. to hand over Staley’s communications with deceased sex offender Jeffrey Epstein.

Activist Edward Bramson said in a letter sent to his investors this week and seen by Bloomberg News that the request could further damage Barclays’s reputation. Authorities in the U.S. Virgin Islands demanded the information in May from JPMorgan, Staley’s former employer, as part of their investigation into Epstein.