Staley was Mr. Epstein’s advocate in the bank and was the senior relationship manager for Mr. Epstein,” Ms. Erdoes said.
The lawsuits contend that JPMorgan chose to keep Mr. Epstein as a client after he became a registered sex offender because he was bringing business to the bank.
A blame game is also going on at JPMorgan, with some suggesting that Mr. Staley should have known about Mr. Epstein’s sex trafficking at the time, and that he had the duty to let others know.
The bank has named Mr. Staley as a third-party defendant in the lawsuits in a bid to hold him liable for any damages JPMorgan may have to pay.
Mr. Staley, who is scheduled to be deposed as soon as next week, has argued in court papers that he did nothing wrong or inappropriate.
Persons:
Mr, Staley, Epstein’s, Epstein, ” Ms, Erdoes, ”
Organizations:
JPMorgan, U.S . Virgin
Locations:
U.S, New York , Florida, Virgin