Former Barclays boss Jes Staley did not mislead the UK's financial watchdog over his relationship with disgraced financier Jeffrey Epstein, Staley's lawyers said on Monday at the start of a London court case in which the former banker seeks to restore his reputation.

Former Barclays CEO Jes Staley is appealing against a proposed ban and fine from the UK's Financial Conduct Authority. The FCA claims Staley misled them regarding his ties with Jeffrey Epstein. Staley defends his relationship with Epstein as professional amidst evidence suggesting a deeper personal connection.

Former Barclays boss Jes Staley should be banned from Britain's finance industry for misleading statements about his relationship with disgraced financier Jeffrey Epstein, the UK's Financial Conduct Authority said on Monday.

Jes Staley, former Barclays executive, is appealing against a proposed ban by the UK's Financial Conduct Authority due to alleged misleading statements about his association with Jeffrey Epstein. The appeal involves evidence and testimony from key financial figures and references to other prominent Epstein associates.