Barclays CEO Jes Staley is being investigated by UK regulators over his ties to Epstein — 'I wonder if he can survive this'

Britain's Financial Conduct Authority, along with the regulatory watchdog, Prudential Regulation Authority are looking into "Mr. Staley's characterisation to the company of his relationship with Mr. Epstein, and the subsequent description of that relationship, in the company's response to the FCA," Barclays said in a statement on Thursday while reporting fourth quarter earnings. Barclays delivered a bombshell on Thursday, saying that UK financial authorities are investigating its CEO Jes Staley over his relationship to sex offender Jeffrey Epstein.Britain's Financial Conduct Authority, along with the regulatory watchdog, Prudential Regulation Authority are looking into "Mr. Staley's characterisation to the company of his relationship with Mr. Epstein, and the subsequent description of that relationship, in the company's response to the FCA," Barclays said in a statement on Thursday while reporting fourth quarter earnings. Because he has been "sufficiently transparent with the company as regards the nature and extent of his relationship with Mr. Epstein," the bank said, "Mr. Staley retains the full confidence of the board.""Like Teflon: that's one way to describe CEO Jes Staley," said Neil Wilson at Markets.com.