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Top UK bank lobbyist resigns over 2008 remarks about businesswoman

Tue, 16th Jun 2020 18:04

LONDON, June 16 (Reuters) - A senior British bank lobbyist
has resigned over comments made in 2008 about businesswoman
Amanda Staveley, who arranged billions of pounds of rescue
financing for Barclays at the height of the credit
crisis.

Stephen Jones, who is expected to give evidence in a $2
billion London court battle between Staveley and Barclays next
month, offered his resignation as chief executive of UK Finance
on Tuesday and the board accepted, according to a statement.

"Stephen has rightly acknowledged that the comments he made
in 2008 were inappropriate and do not meet the standards
expected of leaders in our industry," said UK Finance's chairman
Bob Wigley.

"He has characteristically taken a difficult personal
decision in the interest of UK Finance and the industry and we
accept his decision."
(Reporting by Kirstin Ridley; editing by Simon Jessop)

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