Top related persons:
Top related locs:
Top related orgs:

Search resuls for: ". Staley"


10 mentions found


Jamie Dimon throws Jes Staley off the battlements
  + stars: | 2023-03-09 | by ( Neil Unmack | ) www.reuters.com   time to read: +4 min
Suing former employees – in this case using an archaic-sounding doctrine that brands Staley a “faithless servant” – isn't a great look, but the bank led by Jamie Dimon has more reasons than most to defend itself. His $400 billion firm is being pursued for unspecified damages by a woman who argues that it knew of Epstein’s sex trafficking venture, and is also being sued by the government of the U.S. Virgin Islands. If JPMorgan loses either of the lawsuits in which it is a defendant, it wants Staley to share in the damages. Current or future employees might worry they too could find themselves branded a faithless servant for failing to disclose moral missteps, or having clients who fall from grace. CONTEXT NEWSJPMorgan on March 8 filed a complaint against former executive James “Jes” Staley, for not disclosing his relations with former client and sex offender Jeffrey Epstein.
Jes Staley has maintained he was friendly with Jeffrey Epstein but never knew about his alleged crimes. JPMorgan Chase & Co. sued former executive Jes Staley over his ties to Jeffrey Epstein , revealing that Mr. Staley has been accused of sexual assault. The bank is facing lawsuits from the U.S. Virgin Islands and from an unnamed woman alleging it aided Epstein’s yearslong sex trafficking by allowing him to remain a client and helping him send money to victims.
Lawyers for the U.S. Virgin Islands did not immediately respond to requests for comment. Epstein killed himself in a Manhattan jail cell in August 2019 while awaiting trial on sex trafficking charges. After leaving JPMorgan, Staley became chief executive of Barclays Plc (BARC.L) but resigned in November 2021 amid a dispute with British financial regulators examining his ties to Epstein. Epstein's victims are also suing JPMorgan and Deutsche Bank AG (DBKGn.DE), where Epstein was a client from 2013 to 2018. The case is Government of the U.S. Virgin Islands v JPMorgan Chase Bank NA, U.S. District Court, Southern District of New York, No.
Jes Staley has maintained he was friendly with Jeffrey Epstein but never knew about his alleged crimes. Former Barclays PLC chief Jes Staley exchanged more than a thousand emails with convicted sex offender Jeffrey Epstein , some of which included photos of young women in seductive poses, according to court documents released this week. The emails, revealed by the U.S. Virgin Islands government in a lawsuit against JPMorgan Chase & Co., where Mr. Staley was once a top executive, shed new light on the relationship between the banker and the late financier who was charged with sex trafficking before his apparent suicide in 2019.
Say hi to Snow White," Staley emailed Epstein in July 2010, according to filings on Wednesday with the U.S. District Court in Manhattan. "Beauty and the Beast," Staley allegedly responded, to which Epstein replied: "Well one side is available," according to the filing. According to the lawsuit, Staley exchanged around 1,200 emails with Epstein from his JPMorgan email account between 2008 and 2012. Staley allegedly wrote to Epstein on Nov 1, 2009, describing his relationship with Epstein as "profound". One month later, Staley allegedly wrote to Epstein to say how great it had been to give him "a long, heartfelt hug", after which Epstein allegedly sent Staley two pictures of young women.
Jeffrey Epstein would email photos of young women to his banker at JPMorgan Chase, a lawsuit says. The convicted sex offender and his banker, longtime JPMorgan Chase executive Jes Staley, would write to each other about how they had "fun," the lawsuit said. Other newly unredacted details show that 20 of Epstein's sex trafficking victims were paid through his 55 JPMorgan Chase accounts, Insider's Lloyd Lee and Jacob Shamsian reported. Despite Staley's apparent close friendship with Epstein, JPMorgan Chase allowed Staley to manage the multimillionaire's funds, the lawsuit alleged. Staley's lawyer and JPMorgan Chase did not immediately respond to Insider's requests for comments sent outside regular business hours.
Every NFL coach has a reputation. Bill Belichick of the New England Patriots is known for his hoodies. Fans associate the Seattle Seahawks’ Pete Carroll with his chewing gum. And now Los Angeles Chargers head coach Brandon Staley has a rep for his pregame yoga pose. Before the chilling news of the collapse of Buffalo Bills safety Damar Hamlin swept national headlines this week, video of a much lighter NFL incident made the rounds: Mr. Staley doing cat-cow pose on the sideline.
A new lawsuit alleges JP Morgan facilitated Jeffrey Epstein's sex-trafficking scheme. Earlier this year, the US Virgin islands settled a separate lawsuit, first brought in 2020, with Epstein's estate and its executors. "JP Morgan ignored numerous red flags and failed to comply with federal banking regulations until years later after JP Morgan was no longer benefiting from Epstein's business," the lawsuit says. In addition to the US Virgin Islands, an anonymous "Jane Doe" filed lawsuits against JP Morgan and Deutsche Bank in November, alleging the financial institutions benefitted from Epstein's sex-trafficking operation. That same company, Hyperion Air, is identified by the US Virgin Islands Attorney General as one of Epstein's accounts with JP Morgan.
Accusers of Jeffrey Epstein are suing Deutsche Bank and JPMorgan, filings show. Epstein would send money to young women and withdraw large sums to pay victims, per the lawsuits. A spokesperson for Deutsche Bank told Insider in a statement: "We believe this claim lacks merit and will present our arguments in court." Another unnamed accuser suing Deutsche says she was sexually abused by Epstein and trafficked to his friends from about 2003 until about 2018, during which time she was paid in cash. The suit says Deutsche ignored several "red flags" included multiple payments to young women and substantial cash withdrawals.
According to the complaint, he was the first Black executive employee at AAMCO, a 60-year-old franchise business with nearly 600 automotive centers across North America. Hastings GroupBut in 2021, Staley said, he learned from another executive that his salary of $100,000 plus bonuses was almost $40,000 less than the other vice presidents. He raised concerns of “disparate treatment in compensation” to those above him, including to CEO James Gregory. Gregory told Mr. Staley that he was ‘disappointed’ in Mr. Staley for complaining of race discrimination and responded to Mr. Staley’s complaint by saying: ‘you make enough,’” according to the suit, which was filed in U.S. District Court for the Eastern District of Pennsylvania. Staley has since given up his attempt to become a co-franchisee and is now employed with Public Storage’s corporate offices.
Total: 10