Barclays bank CEO quits in shadow of probe of Jeffrey Epstein ties

British bank Barclays on Monday said chief executive Jes Staley had quit ahead of contesting the outcome of a U.K. probe into past links with convicted sex offender Jeffrey Epstein.

Barclays, which had supported Staley during the investigation, added in a statement that the preliminary conclusion "makes no findings that Mr. Staley saw, or was aware of, any of Mr. Epstein's alleged crimes."

The bank added that Staley has been replaced by its head of global markets, C.S. Venkatakrishnan.