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☆ JPMorgan CEO Jamie Dimon to be deposed in civil case over the bank's ties to Jeffrey Epstein
▼ + stars: | 2023-05-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJPMorgan CEO Jamie Dimon to be deposed in civil case over the bank's ties to Jeffrey EpsteinInvestigative Journalist Vicky Ward joins 'Last Call' to discuss her interviews with disgraced billionaire Jeffrey Epstein as we learn JPMorgan Chase's CEO Jamie Dimon will be deposed in a civil lawsuit in connection to the bank's ties to Jeffrey Epstein.

☆ Jeffrey Epstein chatted openly while hanging out with billionaires about his time in jail for soliciting a child prostitute: WSJ
▼ + stars: | 2023-05-03 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +2 min

A former executive told WSJ that Jeffrey Epstein openly talked about his time in jail in 2008. Barnaby Marsh, who frequented Epstein's home, spoke to WSJ about Epstein. Epstein served 13 months in prison in 2008 in connection to soliciting a child prostitute. Marsh told the WSJ that Epstein openly talked about the time he had previously spent in jail for soliciting a child prostitute. "So many of these billionaires knew him," Marsh told WSJ.

☆ Jeffrey Epstein and Woody Allen planned to hang out nearly every month for two straight years after Epstein pleaded guilty
▼ + stars: | 2023-05-03 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +2 min

According to documents viewed by the WSJ, the pair made plans nearly every month for two years. A trove of documents, including emails and schedules, reveal just how friendly the disgraced financier was with Allen, the WSJ reported. The WSJ reported that the reviewed documents show Epstein and Allen planned to get together nearly every month in 2014 and 2015, and also planned to watch movies, visit artist studios, and attend dinners together. A spokeswoman for Allen told the WSJ that Allen never spent time with Epstein without his wife, Soon-Yi Previn, also being present. The spokeswoman told the WSJ that Epstein and Allen "never had a business meeting."

☆ A billionaire bought Jeffrey Epstein's 2 private islands in the Caribbean for $60 million — less than half the initial asking price
▼ + stars: | 2023-05-03 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +3 min

Jeffrey Epstein's two private islands in the Caribbean have sold for $60 million. That's less than half the $125 million asking price the islands had when they hit the market last March. The islands, called Little St. James and Great St. James, together listed for $125 million in March 2022. Epstein bought the 72-acre Little St. James for $7.95 million in 1998. The FBI reportedly raided Little St. James, where Epstein was believed to have his primary residence, in the days after his death.

☆ Princess Anne: Slimmed-down royal family 'doesn't sound like a good idea'
▼ + stars: | 2023-05-02 | by ( Issy Ronald | ) edition.cnn.com time to read: +3 min

CNN —King Charles III’s sister Princess Anne has said that a slimmed-down monarchy “doesn’t sound like a good idea.”Comments by the Princess Royal, who is 16th in line to the British throne and is considered to be one of the hardest-working royals, were made during a wide-ranging interview Monday. In the years before Queen Elizabeth II’s death, the royal family’s advisers had been promoting the idea of a slimmed-down monarchy that saw senior family members like Charles and Camilla as well as the Prince and Princess of Wales take on more duties. “Well, I think the ‘slimmed-down’ [comment] was said in a day when there were a few more people around … [to] make that seem like a justifiable comment,” Anne told CBC News’ Adrienne Arsenault. “It doesn’t sound like a good idea from where I’m standing, I would say. King Charles III and Princess Anne pictured at their mother's funeral.

By attributing that knowledge to JPMorgan, Epstein's accusers might show that JPMorgan "actually knew" about the venture or "recklessly disregarded" its existence, Rakoff said. JPMorgan is separately suing Staley to cover its losses in the two lawsuits it faces, and forfeit eight years of pay. 22-10018; Jane Doe 1 v JPMorgan Chase & Co, No. 22-10019; Government of the U.S. Virgin Islands v JPMorgan Chase Bank NA, No. 22-10904; and JPMorgan Chase Bank NA v Staley, in Nos.

☆ Jeffrey Epstein’s Private Calendar: CIA Director William Burns, Goldman Sachs’s Top Lawyer, Noam Chomsky
▼ + stars: | 2023-04-30 | by ( Khadeeja Safdar | David Benoit | ) www.wsj.com time to read: 1 min

The nation’s spy chief, a longtime college president and top women in finance. The circle of people who associated with Jeffrey Epstein years after he was a convicted sex offender is wider than previously reported, according to a trove of documents that include his schedules. William Burns , director of the Central Intelligence Agency since 2021, had three meetings scheduled with Epstein in 2014, when he was deputy secretary of state, the documents show. They first met in Washington and then Mr. Burns visited Epstein’s townhouse in Manhattan.

☆ Ivanka Trump distanced herself from her family by hiring her own lawyer for an upcoming lawsuit against the Trump Organization: report
▼ + stars: | 2023-04-27 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +3 min

Ivanka Trump has hired her own lawyer to represent her in an upcoming $250 million civil lawsuit, per Forbes. She ditched the attorneys representing her brothers — Donald Trump Jr. and Eric Trump. Shortly after the lawsuit was filed in September, the Trump brothers hired attorneys Clifford Robert and Michael Farina to represent them. The following month, Ivanka Trump also retained the attorneys to work alongside two Washington, D.C. lawyers, Reid Figel and Michael Kellogg, whom she had hired separately, per Forbes. Insider contacted Robert, Farina, Figel, Kellogg, Moskowitz, and the Trump Organization for comment but did not immediately receive responses.

☆ Allegations against former Barclays CEO Staley 'very serious' - CEO
▼ + stars: | 2023-04-27 | by ( Lawrence White | ) www.reuters.com time to read: +1 min

LONDON, April 27 (Reuters) - Allegations made against British bank Barclays' former CEO Jes Staley regarding his ties with sex offender Jeffrey Epstein are "very serious", the lender's current CEO C.S. Venkat said the allegations were being adjudicated in New York, which he said was the "right and proper place". Both seek money damages and neither lawsuit names Staley as a defendant. In U.S. filings this week, Staley accused JPMorgan of using him as a "public relations shield" and said the allegations lacked legal or factual basis. A former investor in the bank last week said the lender should have made more checks over the matter.

☆ Former JPMorgan Banker With Ties to Jeffrey Epstein Leaves Citigroup
▼ + stars: | 2023-04-26 | by ( David Benoit | ) www.wsj.com time to read: 1 min

Paul Barrett had scheduled at least five meetings with Epstein from 2014 to 2017 before he left JPMorgan. Photo: CAITLIN OCHS/REUTERSCitigroup Inc. has parted ways with Paul Barrett , an executive in its private bank, after The Wall Street Journal reported on his ties to Jeffrey Epstein . Mr. Barrett is a former managing director at JPMorgan Chase & Co., which counted Epstein as a client until 2013. Mr. Barrett is among the JPMorgan executives who continued to plan meetings with Epstein after the bank closed his accounts, the Journal reported Friday.

☆ Senior Citi banker departs shortly after report of Epstein meetings
▼ + stars: | 2023-04-25 | by ( ) www.reuters.com time to read: +1 min

April 25 (Reuters) - Citigroup (C.N) senior executive Paul Barrett has left the bank, it said on Tuesday, days after media reports that he met with disgraced financier Jeffrey Epstein while he was employed at rival JPMorgan Chase (JPM.N) became public. "Until recently, Citi was unaware of Paul Barrett's association with Jeffrey Epstein, which predated his employment at our firm. Mr. Barrett is no longer employed by Citi," the bank said in a statement. JPMorgan, the largest U.S. bank, faces lawsuits seeking damages by women who claim that Epstein sexually abused them, and by the U.S. Virgin Islands, where the late financier had a home. Reporting by Manya Saini in Bengaluru and Saeed Azhar in New York; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.

☆ Where is Goldman Sachs' David Solomon going on those private jets?
▼ + stars: | 2023-04-24 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Insider's Dakin Campbell compiled flight data on Goldman Sachs' two private planes from the beginning of 2022 through March of this year. Much of the focus on Goldman's jets, as Insider has previously reported, has been Solomon's personal use of them. If Goldman and Solomon are playing by the rules, why does it matter? And while I've written before about corporate jets being the scapegoat for excessive spending, that was moreso regarding business travel. Click here for all the details on where Goldman's two private planes have flown since 2022.

☆ JPMorgan bankers met with Epstein after his accounts were closed - WSJ
▼ + stars: | 2023-04-21 | by ( ) www.reuters.com time to read: +3 min

Bank employees also met with Epstein after his accounts were closed to discuss other clients and introductions he could make to potential clients, the newspaper said, citing people familiar with the meetings. The interaction with Epstein was typical for a client of the private bank, a JPMorgan spokesman said after the article was published. JPMorgan is being sued in Manhattan federal court by women who said Epstein sexually abused them, and by the government of the U.S. Virgin Islands, where Epstein owned a private island. JPMorgan did business with Epstein as early as 1998, and managed about 55 Epstein-related accounts worth hundreds of millions of dollars. Epstein was a client for about five years after he pleaded guilty in 2008 to a Florida state prostitution charge.

☆ Barclays Names HSBC Executive as Compliance Chief
▼ + stars: | 2023-04-21 | by ( Mengqi Sun | ) www.wsj.com time to read: 1 min

Barclays is navigating regulatory probes and a downturn in deals. Photo: Jason Alden/Bloomberg NewsBarclays PLC has hired a new chief compliance officer from rival HSBC Holdings PLC, as the bank navigates a deal-making downturn and continuing regulatory investigations into former Chief Executive Jes Staley ’s ties with convicted sex offender Jeffrey Epstein . London-based Barclays said Thursday that it has named Kirsty Everett as its new compliance chief, ending a few months of search. Ms. Everett is joining from HSBC, where she was group head of compliance after previously holding other senior compliance roles. She will start July 1, subject to regulatory approval, Barclays said.

☆ Former investor questions Barclays vetting of ex-CEO over Epstein
▼ + stars: | 2023-04-21 | by ( ) www.reuters.com time to read: +2 min

LONDON, April 21 (Reuters) - Former Barclays (BARC.L) investor Edward Bramson on Friday questioned how the British bank and its chairman Nigel Higgins vetted its ex-CEO Jes Staley over his earlier business ties to sex trafficker Jeffrey Epstein. Staley has acknowledged having been friendly with Epstein, expressed regret for their relationship and denied knowing about his crimes. Staley, who joined Barclays 2015 and left in November 2021, is contesting the findings of an investigation by UK regulators into how he characterised his relationship with Epstein. Staley, who joined Barclays after more than 30 years at JP Morgan, has been named in two civil lawsuits against the U.S. bank for enabling and concealing Epstein's network. JP Morgan, in turn, has sued Staley over "outrageous" alleged conduct and breaching his duty of loyalty to the bank.

☆ Goldman Sachs' David Solomon had the right idea. But that's only half the problem.
▼ + stars: | 2023-04-19 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

David Solomon at Goldman's 2023 investor day Screenshots by Emmalyse Brownstein and Dakin Campbell1. Goldman Sachs' $12.2 billion in revenue from Q1 fell short of analysts' estimates, which is never a good sign — but it's not a complete disaster. As Insider's Carter Johnson reported, there is a case to be made for a turnaround at Goldman led by its embattled CEO David Solomon. We've written a lot about the struggles at Goldman Sachs recently, and rightfully so. More on what David Solomon needs to do to get Goldman Sachs back on track.

☆ JPMorgan Chase CEO Jamie Dimon depositions set in Jeffrey Epstein sex trafficking lawsuits
▼ + stars: | 2023-04-18 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of the Nations Largest Banks, in Hart Building on Thursday, September 22, 2022. JPMorgan Chase CEO Jamie Dimon can be questioned under oath for up to seven hours over two days in depositions for federal lawsuits accusing his bank of complicity in sex trafficking by its late client Jeffrey Epstein, a judge said Tuesday. The JPMorgan CEO can be deposed separately for up to two hours by lawyers for Jes Staley, former chief of investment banking at JPMorgan, Rakoff said, according to a court docket entry. The judge said he might permit the depositions to go beyond the time he has initially set aside. JPMorgan has argued that Staley, and not the bank, is legally responsible for the suits related to Epstein.

☆ Shareholder group ISS backs Barclays board over former CEO Staley
▼ + stars: | 2023-04-17 | by ( Sinead Cruise | ) www.reuters.com time to read: +3 min

LONDON, April 17 (Reuters) - Institutional Shareholder Services (ISS) has recommended Barclays investors re-elect all board members at next month's annual meeting, sapping the momentum of protests against bosses for supporting former CEO Jes Staley who is being investigated over his links with sex trafficker Jeffrey Epstein. Investors should instead await the outcome of various investigations into the matter, ISS said. Staley has acknowledged having been friendly with Epstein, but expressed regret for their relationship and has denied knowing about the financier's criminal activities. JPMorgan, in turn, has sued Staley over "outrageous" alleged conduct and breaching his duty of loyalty to the bank. Barclays docked bonuses earned by Morzaria and its current top executives by a combined 1 million pounds ($1.24 million) in February over the blunder.

☆ Proxy advisor ISS urges investors to back Barclays board
▼ + stars: | 2023-04-17 | by ( ) www.reuters.com time to read: +2 min

Staley has acknowledged having been friendly with Epstein, but expressed regret for their relationship and has denied knowing about the financier's criminal activities. The notice also said Staley's unvested long-term bonuses remained suspended pending further developments, adding that the board would "consider further action as appropriate". JPMorgan, in turn, has sued Staley over "outrageous" alleged conduct and breaching his duty of loyalty to the bank. Staley's lawyers have dismissed allegations that he hid what he knew about the late disgraced financier as "slanderous" and "false". Reporting By Sinead Cruise, editing by Lawrence WhiteOur Standards: The Thomson Reuters Trust Principles.

U.S. District Judge Lewis Kaplan in Manhattan on Friday rejected Trump's renewed effort to require that prospective jurors provide their names, employment and 38 other pieces of information on written questionnaires. While jurors would hear much about Trump even in "normal" circumstances, "the risk of prejudice is even more elevated" because of Bragg's case, Trump's lawyers said. She is separately suing Trump for defamation over his June 2019 denial that the dressing room encounter happened. The case is Carroll v Trump, U.S. District Court, Southern District of New York, No. Reporting by Jonathan Stempel in New York Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

☆ U.S. Virgin Islands complaint reveals previously redacted details in J.P. Morgan-Epstein case
▼ + stars: | 2023-04-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. Virgin Islands complaint reveals previously redacted details in J.P. Morgan-Epstein caseCNBC's Eamon Javers reports on news regarding J.P. Morgan, the U.S. Virgin Islands and Jeffrey Epstein.

☆ JPMorgan executives knew of Epstein sex abuse claims, court filing alleges
▼ + stars: | 2023-04-13 | by ( Lauren Del Valle | ) edition.cnn.com time to read: +4 min

New York CNN —A new court filing alleges JPMorgan Chase executives were aware of sex abuse and trafficking allegations against its then-client Jeffrey Epstein, several years before the financial institution cut ties. The new complaint against JP Morgan, filed Wednesday, comes days after its CEO Jamie Dimon sat down with CNN’s Poppy Harlow in an exclusive interview. A JP Morgan spokesperson declined to comment to CNN about the newly filed complaint, which was part of the lawsuit filed in December. Attorneys for JP Morgan have denied the allegations. High level bank officials also met about Epstein’s account and the allegations against him as far back as 2008, according to the court filing.

Epstein will be charged with one count of sex trafficking of minors and one count of conspiracy to engage in sex trafficking of minors. JPMorgan Chase was aware in 2006 of accusations that disgraced former financier Jeffrey Epstein paid to have underaged girls brought to his home, according to the latest allegations in a high-profile legal case. Erdoes was referring to accusations gleaned from news reports, according to a person with knowledge of the matter. In her deposition, Erdoes testified that JPMorgan dropped Epstein as a client in 2013 after she learned that his withdrawals were for "actual cash," according to the suit. But Epstein had made cash withdrawals totaling more than $800,000 in each of 2004 and 2005.

NEW YORK, April 12 (Reuters) - A new version of a lawsuit accusing JPMorgan Chase & Co (JPM.N) of aiding in Jeffrey Epstein's sex trafficking includes claims that the bank ignored pleas to cut ties with the financier, and that someone joked about whether Epstein knew Miley Cyrus. In a complaint made public on Wednesday, the U.S. Virgin Islands said JPMorgan compliance officials urged the bank to sever ties with Epstein years before it did so in 2013. The cases in the U.S. District Court, Southern District of New York are: Jane Doe 1 v JPMorgan Chase & Co, No. 22-10019; Government of the U.S. Virgin Islands v JPMorgan Chase Bank NA, No. 22-10904; and JPMorgan Chase Bank NA v Staley, in Nos.

JPMorgan sued Staley last month to have him cover its losses in both lawsuits and forfeit eight years of compensation. Epstein killed himself at age 66 in August 2019 in a Manhattan jail while awaiting trial for sex trafficking. The cases in the U.S. District Court, Southern District of New York are: Jane Doe 1 v JPMorgan Chase & Co, No. 22-10019; Government of the U.S. Virgin Islands v JPMorgan Chase Bank NA, No. 22-10904; and JPMorgan Chase Bank NA v Staley, in Nos.

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