News · 10 February 2026
Barclays boss shocked by Epstein depravity as BP profits slump 16 percent
Barclays CEO CS Venkatakrishnan voiced deep shock at the "moral depravity" revealed in Jeffrey Epstein files, addressing ex-boss Jes Staley’s ties to the sex offender. While Venkatakrishnan condemned the corruption during earnings calls, he avoided commenting on specific rape allegations against Staley, who admitted to sexual encounters in a 2025 court hearing. Simultaneously, energy giant BP announced annual profits slumped 16 percent, marking a significant financial downturn.
Reported by Guardian · How we write briefs
