James Staley, Barclays C.E.O., will step down after Jeffrey Epstein inquiry.

Barclays Bank said on Monday that its chief executive, James E. Staley, would step down immediately following the results of an inquiry by British financial regulators into Mr. Staley’s relationship with the disgraced financier Jeffrey Epstein.

The bank said it learned on Friday of the preliminary conclusions of a nearly two-year investigation by Britain’s Financial Conduct Authority and the Prudential Regulation Authority into the two men’s relationship, which dates back to Mr. Staley’s tenure as the head of private banking at JPMorgan Chase. Mr. Staley used Mr. Epstein — who killed himself in 2019 after facing new allegations of sex trafficking of underage girls — to connect with potential clients.

In a statement, Barclays said that Mr. Staley agreed to step down as chief executive and from his position on the board, and that he intended to contest the investigation’s findings. It added that the investigation did not make any findings that Mr. Staley “saw, or was aware of, any of Mr. Epstein’s alleged crimes” and that it was “disappointed” with the outcome.

The Prudential Regulation Authority and the Financial Conduct Authority declined to provide any details about what their inquiry had found, saying in a joint statement that they “do not comment on ongoing investigations or regulatory proceedings.”

Mr. Staley previously said that he had been “transparent and open” with Barclays about his ties to Mr. Epstein. He will be succeeded as chief executive by C.S. Venkatakrishnan, Barclays’ co-president.

In stepping down, Mr. Staley becomes the latest corporate leader to suffer consequences from being linked to Mr. Epstein. Among others is Leon D. Black, the billionaire who resigned as chairman and chief executive of Apollo Global Management after revelations that he had paid more than $150 million to Mr. Epstein.