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☆ JPMorgan processed more than $1 bln for Epstein, US Virgin Islands says
▼ + stars: | 2023-09-01 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +3 min

REUTERS/Caitlin Ochs//File Photo Acquire Licensing RightsNEW YORK, Aug 31 (Reuters) - A lawyer for the U.S. Virgin Islands said on Thursday that JPMorgan Chase (JPM.N) told U.S. authorities it processed more than $1 billion for Jeffrey Epstein over 16 years. The U.S. Virgin Islands, where Epstein owned two private islands, is suing JPMorgan for at least $190 million and likely much more, saying it ignored red flags that Epstein was running a sex trafficking operation because he was a lucrative client. JPMorgan has denied knowing that Epstein was running a sex trafficking operation, and has faulted the territory for having a cozy relationship with him. "JPMorgan was a full service bank for Jeffrey Epstein's sex trafficking," Liu said. Ellsworth also disputed the U.S. Virgin Islands' claim that JPMorgan obstructed investigations into Epstein, saying the bank had asked federal authorities about their own probes into his conduct.

Persons: Caitlin Ochs, U.S . Virgin Islands, JPMorgan Chase, Jeffrey Epstein, Mimi Liu, Epstein, Liu, Jed Rakoff, Jeffrey Epstein's, Felicia Ellsworth, Ellsworth, Rakoff, Rakoff preliminarily, Luc Cohen, Noeleen Walder, Grant McCool Organizations: JPMorgan Chase Bank, REUTERS, U.S . Virgin, JPMorgan, U.S, U.S . Treasury Department, Reuters, Treasury, U.S ., Department, Deutsche Bank, Thomson Locations: New York City, U.S, U.S . Virgin Islands, Manhattan, New York

[1/3] Signage is seen outside of the law firm WilmerHale in Washington, D.C., U.S., August 30, 2020. REUTERS/Andrew Kelly/File PhotoCompaniesCompanies Law Firms JPMorgan Chase & Co FollowMay 4 (Reuters) - A Jeffrey Epstein accuser suing JPMorgan Chase & Co (JPM.N) for allegedly aiding the late financier's sex trafficking of girls and women asked a judge to disqualify the bank’s law firm on Thursday, arguing it has a conflict of interest. Lawyers for the woman, who claims she was a victim of Epstein and is not named in court papers, said the judge should bar law firm Wilmer Cutler Pickering Hale and Dorr from representing JPMorgan because it previously represented an anti-sex trafficking organization that supported a different Epstein accuser. Wild’s attorneys also consulted with WilmerHale attorneys on legal strategy, Thursday's filing said. Earlier on Thursday, the judge in that case allowed the U.S. Virgin Islands to serve legal papers on Google co-founder Larry Page, who has been linked to Epstein.

☆ Former JPMorgan executive, ex-Barclays CEO Staley to be deposed next week
▼ + stars: | 2023-03-17 | by ( Tatiana Bautzer | ) www.reuters.com time to read: +2 min

Lawyers for the bank said during a hearing on Thursday they would depose Staley, who also served as Barclays Plc's (BARC.L) chief executive, on March 23 and 24. JPMorgan has accused Staley, its former head of private banking, of "intentional and outrageous conduct" in concealing information about Epstein, with whom he had been friends. The lawsuit seeks to force Staley to return eight years of compensation and reimburse JPMorgan for damages the company might incur in the other lawsuits. Last week, Rakoff had ordered the bank to hand over more documents concerning its CEO Jamie Dimon. A separate trial involving an Epstein victim suing Deutsche Bank AG (DBKGn.DE) may also be rescheduled.

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