NEW YORK (Reuters) -Deutsche Bank on Friday won final approval from a U.S. judge for a $75 million settlement it reached with victims of Jeffrey Epstein who had accused the German company of facilitating the late financier’s alleged sex trafficking.
FILE PHOTO: The logo of Deutsche bank is seen in Hong Kong, China July 8, 2019.
Epstein had been a Deutsche Bank client from 2013 to 2018, after being a JPMorgan Chase client for 15 years.
Deutsche Bank has said it made an error in taking on Epstein as a client.
Rakoff granted preliminary approval to New York-based financial services company JPMorgan’s $290 million settlement over similar claims in June.
Persons:
Jeffrey Epstein, Tyrone Siu, Jed Rakoff, ” Rakoff, Epstein, Jane Doe, David Boies, Rakoff
Organizations:
YORK, Deutsche Bank, Friday, Deutsche, REUTERS, U.S, JPMorgan Chase, JPMorgan, U.S . Virgin
Locations:
U.S, Hong Kong, China, Manhattan, York, New York