Senior Citi banker leaves firm after report of Epstein meetings
A senior govt at Citigroup has left the financial institution, days after it was reported that he had met with disgraced financier Jeffrey Epstein on a number of events whereas working at JPMorgan Chase.
In response to a question from the Monetary Occasions, Citi confirmed that Paul Barrett, head of the North American non-public capital group at its non-public financial institution, was not employed by the agency.
The departure comes after a report on Friday in The Wall Road Journal, confirmed by the FT, that Barrett had met with Epstein after his relationship with JPMorgan was terminated.
“Till just lately, Citi was unaware of Paul Barrett’s affiliation with Jeffrey Epstein, which predated his employment at our agency,” Citi mentioned in an announcement.
Barrett didn’t reply to a request for touch upon LinkedIn. An electronic mail despatched to his Citi account was returned undelivered.