Bank further distanced itself from its former chief executive who resigned in November 2021

Barclays has said allegations that its former chief executive Jes Staley was aware of sex trafficking operations run by the late billionaire Jeffrey Epstein were “serious and new”, as it further distanced itself from its ex-boss.

It is the most substantial comment made by Barclays since Staley resigned in November 2021 after a UK regulatory investigation into his relationship with the convicted sex offender, who was one of Staley’s clients when he worked at JP Morgan years earlier.