Barclays subpoenaed by U.S. Virgin Islands over connections to late sex criminal Jeffrey Epstein

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The U.S. Virgin Islands served a subpoena to Barclays in the U.S. for a wealth of documents related to deceased sex criminal Jeffrey Epstein, and it is set to issue a similar one in the United Kingdom, CNBC confirmed on Friday.

News of the subpoenas came four days after Barclays announced its CEO, Jes Staley, would quit following an investigation into his relationship with Epstein.

A Barclays spokesperson confirmed the British bank was served a subpoena in the U.S. and expects to receive one in the U.K., but did not say whether they were related to Epstein.

Barclays was served in New York in February on behalf of the attorney general of the U.S. territory, which previously sued Epstein’s estate over allegations the late investor sexually abused women and young girls on his private islands there.

“Barclays has already provided its response to this subpoena and complied with its obligations,” a spokesperson for the bank told CNBC.

The Virgin Islands “is now in the process of serving a similar subpoena on Barclays in the UK and Barclays will respond to that subpoena once it is served,” the spokesperson said.

A spokeswoman for the U.S. attorney’s office for the district of the Virgin Islands did not immediately respond to CNBC’s request for comment on the subpoenas.

The Virgin Islands’ first subpoena to Barclays sought a range of materials related to Epstein-linked accounts, including transactions and investments, CNBC learned.

That subpoena also requested communications between Epstein and Staley, who agreed to step down from his role at Barclays after the company reviewed preliminary conclusions from an investigation into his relationship with the dead sex offender.

C.S. Venkatakrishnan, known as Venkat, replaced Staley as Barclays chief executive as of Monday, the bank said in a statement.

The probe, conducted by the U.K.’s Financial Conduct Authority and the Prudential Regulation Authority, did not find that Staley was aware of any alleged crimes committed by Epstein, the bank’s statement noted.

Epstein was arrested in July 2019 on child sex trafficking charges but hanged himself a month later in a Manhattan federal jail.

This is breaking news. Please check back for updates.

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