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☆ Jeffrey Epstein likely rehearsed his suicide on July 23, but he was still left to accomplish the real thing weeks later, federal inspectors found
▼ + stars: | 2023-06-27 | by ( Michelle Mark | ) www.businessinsider.com time to read: +4 min

Jeffrey Epstein likely rehearsed his suicide weeks before he died, an inspector's report says. Epstein was placed on suicide watch, but was later left unmonitored and with excess linens in his cell. The report documented a number of errors from jail staff, including "significant misconduct." The jail's chief psychologist had determined Epstein likely rehearsed his suicide in the early morning hours on July 23, 2019. Epstein initially told staff his cellmate had tried to kill him, but the cellmate told staff that he felt something hit his legs while he was asleep.

Persons: Jeffrey Epstein, Epstein, —, Mary Altaffer, unmonitored Organizations: Service, Metropolitan Correctional Center, Staff, Metropolitan Correctional, Associated Press, Reuters

☆ How Jeffrey Epstein turned the US Virgin Islands into a pedophile's playground and helped elect a sitting member of Congress
▼ + stars: | 2023-06-27 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +21 min

Court filings show how Jeffrey Epstein exerted power in the US Virgin Islands, two of which he owned. A financier worth hundreds of millions of dollars, Epstein owned two islands in the US Virgin Islands (there are roughly 50 islands overall). He had donated generously to Democratic politicians from the US Virgin Islands for years. With the assistance of the US Virgin Islands' first lady, Epstein navigated the territory's political waters unscathed. The court records show that, at least in the US Virgin Islands, he exerted influence with little friction.

Persons: Jeffrey Epstein, Stacey Plaskett, —, Plaskett, Epstein, James, Lesley Groff, Scott Applewhite, Stacey, Thomas, didn't, Groff, maxed, Shawn, Michael Malone, Gabriel Lopez Albarran, Cecile de Jongh, John de Jongh Jr, de Jongh, Malone, De Jongh, Darren Indyke, Richard Kahn, Kahn, Groff didn't, Stuart McPhail, McPhail, Jeffrey Epstein's, Erika Kellerhals, Hi Jeffrey, Rick Friedman, Corbis, de, JPMorgan Chase, Ghislaine Maxwell, Epstein's, Maxwell, She's, Mary Erdoes, Jamie Dimon's, Jes Staley, Epstein's thrall, Jongh, Denise George, Albert Bryan Jr, Bryan, Jed Rakoff, Emily Michot, Bill Clinton, Donald Trump, Prince Andrew, Trump's, De, Epstein doled, John de Jongh's, Kenneth Mapp, John de Jongh, John, wasn't Organizations: Virgin Islands, Service, Democratic, US, Islands, Democratic Congressional, AP, Federal, Commission, Democratic Party, Virgin Islands Economic Development Authority, Southern Trust Co, de, Indyke, Democrat, Getty Images JPMorgan, US Virgin Islands, JPMorgan, Virgin, Hyperion, Barclays, Authorities, United States Virgin Islands, Virgin Islands Senate, Gov, New York Times, US Virgin, Deutsche Bank, U.S ., Miami Herald, Tribune, Getty, Federal Government, Mapp's PAC Locations: Virgin, Washington, Puerto Rico, Little St, Palm Beach , Florida, St, Croix, Manhattan, Islands, US Virgin, New York, U.S, U.S . Virgin Islands, Jongh, Tortola

☆ Prison staff misconduct made it easier for sex predator Jeffrey Epstein to kill himself, DOJ watchdog says
▼ + stars: | 2023-06-27 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

U.S. financier Jeffrey Epstein appears in a photograph taken for the New York State Division of Criminal Justice Services' sex offender registry March 28, 2017 and obtained by Reuters July 10, 2019. "Significant misconduct" by federal Bureau of Prisons staff made it much easier for sex predator Jeffrey Epstein to kill himself in a New York jail in August 2019, a Department of Justice watchdog said in a new report Tuesday. The jail's Psychology Department had issued a directive that he be given a new cellmate. Epstein's death came a month after he was arrested on federal child sex trafficking charges. The city's Medical Examiner's office ruled shortly after his death that Epstein's injuries were consistent with him hanging himself, rather than from being strangled by another person.

Persons: Jeffrey Epstein, Epstein, Epstein's Organizations: New York State Division, Criminal, Services, Reuters, federal, of Prisons, of Justice, DOJ's, Metropolitan Correctional Center, Department Locations: New York, Manhattan

☆ Jeffrey Epstein's brother remains convinced the financier was murdered, calling new DOJ report 'blatant bullshit'
▼ + stars: | 2023-06-27 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +7 min

The DOJ inspector general released a long-awaited report concluding Jeffrey Epstein killed himself. Mark Epstein, his brother, isn't convinced. On Tuesday morning, the Justice Department's Office of Inspector General published its long-awaiting report into Jeffrey Epstein's death. Epstein's body was examined by Kristen Roman, a medical examiner for the city of New York. Investigators also spoke to three other inmates in the cell block who could see directly into Epstein's cell from their own cells.

Persons: Jeffrey Epstein, Mark Epstein, isn't, —, Epstein, I've, Jeffrey Epstein's, Epstein —, Bill Clinton, Donald Trump, Prince Andrew —, Kristen Roman, Michael Baden, Baden, Roman, Mark Epstein isn't, Michael Thomas, Spencer Platt, Epstein Mark Epstein, Mark, they're, debrief, Nobody, EMTs, intubated Organizations: Service, Department's, Bureau of Prisons, Metropolitan Correctional Center, Getty, Justice Department, jail's Health Services Locations: Manhattan, New York, Baden, Epstein

"This is a really fine settlement," Rakoff said. Epstein had been a JPMorgan client from 1998 through 2013, when the bank terminated his accounts. JPMorgan in a statement this month said any association it had with Epstein "was a mistake and we regret it." Rakoff appointed Simone Lelchuk, a lawyer who specializes in administering settlements, to consider individual claims and determine payouts in the JPMorgan and Deutsche Bank cases. JPMorgan is also facing a lawsuit over Epstein by the U.S. Virgin Islands, where the financier owned two neighboring islands.

Persons: Morgan Chase, Mike Segar, Jeffrey Epstein, Jed Rakoff, Rakoff, Epstein, Jane Doe, David Boies, Boies, Simone Lelchuk, Luc Cohen, Jonathan Stempel, Matthew Lewis Organizations: Co, New York City, REUTERS, JPMorgan Chase's, U.S, Deutsche Bank, JPMorgan, U.S ., Thomson Locations: New York, U.S, Manhattan, Florida, Russia, Eastern Europe, U.S . Virgin Islands

☆ JPMorgan Chase's drawn-out breakup with Jeffrey Epstein
▼ + stars: | 2023-06-23 | by ( Kaja Whitehouse | Emmalyse Brownstein | ) www.businessinsider.com time to read: +29 min

Several months later, in October 2006, JPMorgan categorized Epstein as a "high-risk" client, according to a transcript of Dimon's deposition in May. Today, banks have entire departments dedicated to tracking client activity and flagging suspicious behavior. Lots of questions'The fuss JPMorgan compliance officers raised about Epstein in 2011 was extensive. A 'faithless servant'One person who might know much more about the tangled relationship between Epstein and JPMorgan is Jes Staley. Staley sent Epstein internal JPMorgan documents and relied on him for guidance on an array of business and personal dealings, the JPMorgan internal report shows.

Persons: —, Morgan Stanley, Lehman Brothers —, Jamie Dimon, Jeffrey Epstein, Leon Black, Bill Clinton, Donald Trump, Epstein, Jes Staley, Staley, Jeffrey Epstein's, Michelle Licata, Courtney Wild, Stephanie Keith, Jane Doe, JP Morgan —, Epstein —, jes staley, Patricia Wexler, Wexler, Dimon, Barry Krischer, JPMorgan, Ghislaine Maxwell, Rod Stewart, Cipriani, Joe Schildhorn, Patrick McMullan, Frank Haberstroh, Haberstroh, Les Wexner, Wexner, Tom Williams, JP Morgan, Little, Little Saint James, Epstein's, Jim Spellman, Staley didn't, Morgan, James, Emily Michot, Bill Gates, Larry Summers, Woody Allen, Stephen Cutler, Cutler, Mary Erdoes, Erdoes, Youngbee Dale, Dale, JPMorgan Chase, Michael M, NYDFS, Bernie Madoff, Cecile de Jongh, Joe Shmoe, Jacob Shamsian Organizations: JPMorgan, Highbridge Capital Management, Citigroup, Lehman Brothers, titans, Apollo, US, US Virgin Islands, Bloomberg TV, Financial, US Department of, Treasury, Getty, BSA, Polaris Market Research, United Nations University Centre, M2C Model, Palm, JPMorgan Chase, Washington D.C, Inc, Apollo Global Management, The New York Times, Little Saint, Virgin, U.S ., Miami Herald, Tribune, Service, Microsoft, Columbia University, Mountain Capital, DOJ, New, Deutsche Bank, New York Department of Financial Services, Virgin Islands, Barclays, Authority, Wall Street Journal Locations: York, Manhattan, New York, US Virgin, dimon, Palm Beach , Florida, New York City, UN, Paris, Washington, Prague, thomas, Wexner, Little Saint, I'm, Little St, U.S, U.S . Virgin Islands, Staley, Dimon's, Virgin, British

☆ 'Lots of smoke. Lots of questions': Internal emails show JPMorgan Chase execs worried about the bank's ties to Jeffrey Epstein. So why did it take so long to cut him loose?
▼ + stars: | 2023-06-23 | by ( Kaja Whitehouse | Emmalyse Brownstein | ) www.businessinsider.com time to read: +29 min

That, of course, is the billion-dollar question: What did JPMorgan, America's largest bank, know about Epstein's alleged sex trafficking? Today, banks have entire departments dedicated to tracking client activity and flagging suspicious behavior. Lots of questions'The fuss JPMorgan compliance officers raised about Epstein in 2011 was extensive. Lots of questions," declared a senior JPMorgan compliance officer reviewing Epstein's accounts as part of that 2011 compliance review, according to court papers filed by the US Virgin Islands. Staley sent Epstein internal JPMorgan documents and relied on him for guidance on an array of business and personal dealings, the JPMorgan internal report shows.

Epstein had been a JPMorgan client from 1998 and 2013 when the bank terminated his accounts. Lawyers for the victims plan to seek up to 30% of the settlement amount for legal fees, court records show. The victims' lawyers also represented Epstein victims in a similar $75 million settlement with Deutsche Bank (DBKGn.DE), where Epstein was also a client. JPMorgan also faces a lawsuit over Epstein by the U.S. Virgin Islands, where Epstein owned two neighboring islands. The case is Doe 1 v JPMorgan Chase Bank NA, U.S. District Court, Southern District of New York, No.

Persons: Morgan Chase, Mike Segar, Jeffrey Epstein's, Epstein, Jan, Jed Rakoff, Jane Doe, JPMorgan, Rakoff preliminarily, Jes Staley, Staley, Jonathan Stempel, Jahnavi, Robert Birsel Organizations: Co, New York City, REUTERS, JPMorgan Chase's, U.S, JPMorgan, Deutsche Bank, Barclays, Reuters, U.S ., JPMorgan Chase Bank NA, Court, Southern District of, Thomson Locations: New York, U.S, Manhattan, U.S . Virgin Islands, Southern District, Southern District of New York, Bengaluru

☆ Jeffrey Epstein got $300 mln tax breaks, paid US Virgin Islands police, JPMorgan says
▼ + stars: | 2023-06-21 | by ( Jonathan Stempel | ) www.reuters.com time to read: +4 min

In a Tuesday night court filing, the largest U.S. bank also described how Epstein allegedly paid law enforcement entities such as the Virgin Islands Police Department. The U.S. Virgin Islands, where Epstein owned two neighboring islands, has accused JPMorgan of facilitating Epstein's crimes by providing banking services, and enabling him to pay victims. U.S. Virgin Islands police "never received a single complaint" about Epstein's sex trafficking and would have investigated complaints, a person familiar with the territory's law enforcement practices said. JPMorgan's latest disclosures followed Monday's release by the U.S. Virgin Islands of a 22-page document prepared by the bank in late 2019 after Epstein's death. JPMorgan has sued Staley, and wants him liable for damages it might owe in the accusers' and U.S. Virgin Islands' lawsuits.

Persons: JPMorgan Chase, Jeffrey Epstein, Epstein, Cecile de Jongh, Jeffrey Epstein's, Venetia Velazquez, de Jongh, EPSTEIN'S, Jongh, John, Jes Staley, Staley, Jonathan Stempel, Leslie Adler, Gerry Doyle, Deepa Babington Organizations: YORK, JPMorgan, U.S . Virgin Islands, Virgin Islands Police Department, U.S ., U.S . Virgin, Virgin Islands, FIDE, Financial, Co, Southern Trust Co, territory's Department of Justice, USVI DOJ, Barclays, Thomson Locations: U.S, U.S . Virgin, Manhattan, U.S . Virgin Islands, Florida, New York

☆ Jeffrey Epstein got $300 mln in US Virgin Islands tax incentives, JPMorgan says
▼ + stars: | 2023-06-21 | by ( Jonathan Stempel | ) www.reuters.com time to read: +4 min

In a Tuesday night court filing, the largest U.S. bank described how Epstein allegedly paid law enforcement entities such as the Virgin Islands Police Department. JPMorgan also alleged in the filings that Epstein had ties to U.S. Virgin Islands officials, including former first lady Cecile de Jongh, who the bank said were aware of Epstein's crimes. Spokespeople for the U.S. Virgin Islands did not immediately respond to requests for comment after business hours. The territory, where Epstein owned two neighboring islands, has accused JPMorgan of facilitating Epstein's sex crimes by providing banking services, and enabling him to pay his victims. The bank wants Staley to cover its losses in that lawsuit and the U.S. Virgin Islands lawsuit.

Persons: JPMorgan Chase, Jeffrey Epstein, Epstein, Cecile de Jongh, de Jongh, EPSTEIN'S, Jongh, John, STALEY, Jes Staley, Staley, Jonathan Stempel, Leslie Adler, Gerry Doyle Organizations: YORK, JPMorgan, U.S . Virgin Islands, Virgin Islands Police Department, U.S . Virgin, FIDE, Financial, Co, Southern Trust Co, territory's Department of Justice, USVI DOJ, Barclays, Thomson Locations: U.S, Manhattan, U.S . Virgin Islands, Florida, New York

☆ Dimon may have ordered JPMorgan's review of Epstein ties, Virgin Islands says
▼ + stars: | 2023-06-20 | 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

NEW YORK, June 20 (Reuters) - JPMorgan Chase (JPM.N) Chief Executive Jamie Dimon may have ordered a 2019 review of the bank's relationship with the late financier and sex offender Jeffrey Epstein, the U.S. Virgin Islands said. The U.S. Virgin Islands lawsuit is scheduled for an Oct. 23 trial in Manhattan federal court. It referred to a 22-page summary of emails primarily between and among Epstein, Staley and others. A spokesperson for the Virgin Islands said the bank's senior executives "ignored the evidence of Jeffrey Epstein's crimes." JPMorgan is suing Staley to cover its losses in the U.S. Virgin Islands' and Epstein victims' lawsuits.

Persons: JPMorgan Chase, Jamie Dimon, Jeffrey Epstein, Epstein, Jes Staley, Dimon, Staley, Jed Rakoff, Lehman Brothers, Jeffrey Epstein's, Luc Cohen, Nupur Anand, Matthew Lewis Organizations: YORK, JPMorgan, U.S . Virgin, Jeep, Virgin Islands, Barclays, Thomson Locations: U.S, Manhattan, U.S . Virgin Islands, Florida, New York

☆ Jeffrey Epstein offered to help former JPMorgan banker get his daughter into Columbia, report says
▼ + stars: | 2023-06-20 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +3 min

A report revealed new details on Jeffrey Epstein's personal ties with ex-JPMorgan exec Jes Staley. Epstein offered to help Staley's daughter apply to Columbia, the Wall Street Journal reported. Jeffrey Epstein offered to help former JPMorgan executive Jes Staley's daughter nab an acceptance to one of Columbia University's doctorate programs, according to a report by The Wall Street Journal. Epstein offered to connect Staley with Columbia University's president at the Davos World Economic Forum in 2011, the report said, according to The Journal. Lawyers for Staley have denied the allegations against him to the Wall Street Journal.

Persons: Jeffrey Epstein's, Jes Staley, Epstein, Jeffrey Epstein, Jes Staley's, Staley, —, didn't, Mary Erdoes Organizations: ex, JPMorgan, Wall Street Journal, US Virgin Islands, Morning, nab, Columbia, The Journal, Staley, Economic, US Virgin, Little Saint, Wall Street, The Locations: Columbia, Davos

U.S. District Judge Jed Rakoff in Manhattan on Friday denied "in its entirety" the U.S. Virgin Islands' request to again have Dimon and another JPMorgan employee testify under oath. The territory, where Epstein owned two neighboring islands, is seeking damages from JPMorgan for allegedly ignoring Epstein's sexual abuses and letting him set up a sex trafficking operation there. Epstein was a JPMorgan client from 1998 until the bank terminated him in 2013. Dimon said he did not recall discussing Epstein's accounts at the time, and had barely heard of Epstein until his July 2019 arrest. The case is U.S. Virgin Islands v. JPMorgan Chase Bank NA, U.S. District Court, Southern District of New York, No.

Persons: Jamie Dimon, JPMorgan Chase, Jeffrey Epstein, Jed Rakoff, Epstein, U.S . Virgin Islands, Jeffrey, Dimon, Jes Staley, Staley, Jonathan Stempel, Jonathan Oatis Organizations: YORK, JPMorgan, U.S . Virgin, U.S, Barclays, Virgin, JPMorgan Chase Bank NA, Court, Southern District of, Thomson Locations: U.S, Manhattan, Southern District, Southern District of New York, New York

☆ Jeffrey Epstein paid college tuition for the kids of the former first lady of the Virgin Islands, and she asked him for his input on the wording of a sex offender law: JPMorgan
▼ + stars: | 2023-06-16 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

The ex-first lady of the Virgin Islands consulted Jeffrey Epstein on a sex offender bill, JPMorgan said. The filings come as JPMorgan is accused by the Virgin Islands of facilitating Epstein's alleged crimes. Days after de Jongh sent the tuition bill to Epstein, she sent him another email about updated language for a sex offender registration bill, per JPMorgan's filings. De Jongh was first lady of the Virgin Islands between 2007 and 2015. Meanwhile, the firm is suing one of its former executives, Jes Staley, alleging that he knew about Epstein's sex trafficking but hid his crimes to keep him as a client.

Persons: Jeffrey Epstein, Epstein, —, JPMorgan Chase, Cecile de Jongh, John de Jongh Jr, bankroll, de Jongh, Jongh, De Jongh, James, Venetia Velazquez, Jeffrey, Jes Staley Organizations: Virgin, JPMorgan, Service, Islands, Skidmore College, University of the, Washington, . Virgin Islands Locations: New York, Manhattan, Virgin, Virgin Islands, Tortola, University of the Virgin, Little St

☆ Jeffrey Epstein's victims will be able to get up to $5 million from Deutsche Bank sex-trafficking settlement
▼ + stars: | 2023-06-16 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +4 min

A settlement from Deutsche Bank will give up to $5 million each to Jeffrey Epstein's victims. Friday's court filings — if approved by the judge overseeing the case — outline how the funds would be distributed to Epstein's victims. The Deutsche Bank settlement allows Epstein's victims to file claims with a new compensation program. Their law firms can get up to 30% of the Deutsche Bank settlement funds, according to the settlement documents. Representatives for Deutsche Bank and the "Jane Doe" plaintiff didn't immediately respond to requests for comment.

Persons: Jeffrey Epstein's, —, Jeffrey Epstein, Epstein, Gloria Allred, Jane Doe, David Boies, Brad Edwards, didn't, JP Morgan Chase, JP Morgan, Morgan, Cecile de Jongh Organizations: Deutsche Bank, Service, Virgin

NEW YORK, June 16 (Reuters) - A U.S. judge on Friday granted preliminary approval to Deutsche Bank's (DBKGn.DE) $75 million settlement with victims of Jeffrey Epstein who accused the bank of facilitating the late financier's sex trafficking. Lawyers for Epstein's accusers and Deutsche Bank reached the settlement last month. The lawsuit was led by a victim known as Jane Doe 1, who said Epstein sexually abused her from 2003 to 2018 and accused Deutsche Bank of missing red flags of his abuses. Epstein had been a Deutsche Bank client from 2013 to 2018, after being a JPMorgan Chase (JPM.N) client for 15 years. The case is Doe 1 v Deutsche Bank AG et al, U.S. District Court, Southern District of New York, No.

Persons: Jeffrey Epstein, Jed Rakoff, Epstein, Rakoff, Jane Doe, Jonathan Stempel, Leslie Adler, Daniel Wallis Organizations: YORK, Deutsche, Deutsche Bank, JPMorgan Chase, JPMorgan, Monday, U.S ., U.S, Virgin Islands, Deutsche Bank AG, Court, Southern District of, Thomson Locations: U.S, Manhattan, U.S . Virgin Islands, Southern District, Southern District of New York, New York

NEW YORK, June 15 (Reuters) - JPMorgan Chase (JPM.N) urged a federal judge to reject the U.S. Virgin Islands' demand that Chief Executive Jamie Dimon sit for a second deposition for its lawsuit about the bank's long relationship with Jeffrey Epstein. JPMorgan also said messages between Epstein and former bank executive Jes Staley, where Epstein name-dropped people like billionaires Bill Gates and Leon Black and former Israeli Prime Minister Ehud Barak, did not justify more questioning of Dimon about alleged "Epstein referrals" of prospective customers. A spokesman for the U.S. Virgin Islands had no comment on the letter to U.S. District Judge Jed Rakoff in Manhattan. The U.S. Virgin Islands, where Epstein owned two neighboring islands, is suing JPMorgan for allegedly enabling Epstein to set up a sex trafficking operation there. The case is U.S. Virgin Islands v. JPMorgan Chase Bank NA, U.S. District Court, Southern District of New York, No.

Persons: JPMorgan Chase, Jamie Dimon, Jeffrey Epstein, Dimon, Epstein, Jes Staley, Bill Gates, Leon Black, Ehud Barak, Jed Rakoff, Staley, Jonathan Stempel, Deepa Babington Organizations: YORK, JPMorgan, U.S . Virgin, U.S . Virgin Islands, The U.S ., U.S ., Virgin, JPMorgan Chase Bank NA, U.S, Court, Southern District of, Thomson Locations: U.S, Manhattan, The U.S, The U.S . Virgin Islands, U.S . Virgin, Southern District, Southern District of New York, New York

☆ UBS Just Outlined the Key People Tasked With Integrating Credit Suisse
▼ + stars: | 2023-06-13 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +4 min

Monday marked the official closing of UBS' acquisition of Swiss rival Credit Suisse, a deal both sides weren't exactly thrilled about. Specifically, the bank identified the Credit Suisse execs sitting in positions of power within its investment bank and wealth management division. UBS has not been bashful in hinting at what it is, and is not, interested in integrating from Credit Suisse. Credit Suisse was in rough shape by the time it got acquired, but that's not to say there weren't talented bankers there. Read more about the leaders of UBS' wealth and investment bank teams following its Credit Suisse deal.

Persons: Dan DeFrancesco, we've, Insider's Michelle Abrego, Kaja Whitehouse, that's, Read, Alexander Soros, George Soros, Jeffrey Epstein, Thoma, Nasdaq's, Morgan Stanley, Sam, Here's, Alex Soros, it's, We've, Jeffrey Cane, Hallam Bullock Organizations: Nasdaq, UBS, Swiss, Credit Suisse, Suisse, Credit Suisse execs, Lehman Brothers, George Soros Getty, JPMorgan, Thoma Bravo, Soros, Open Society Foundation, LinkedIn Locations: secondaries, New York, London

NEW YORK, June 12 (Reuters) - JPMorgan Chase (JPM.N) agreed to pay about $290 million to settle a class action lawsuit by Jeffrey Epstein's victims, resolving a large part of litigation over the bank's relationship with the disgraced financier. Monday's settlement came 3-1/2 weeks after Deutsche Bank (DBKGn.DE), where Epstein was a client from 2013 to 2018, agreed to pay $75 million to end a similar lawsuit by Epstein victims. "A settlement with Epstein's victims frees JPMorgan to begin to turn the page and change the narrative." The $290 million settlement amount was confirmed by David Boies, a lawyer for Epstein's victims. Last month, Rakoff said JPMorgan could be liable to Epstein's victims if they could show Staley had firsthand knowledge that Epstein ran a sex-trafficking venture.

Persons: JPMorgan Chase, JPM.N, Jeffrey Epstein's, Epstein, Jane Doe, Carliss Chatman, Chase, Temin, Jed Rakoff, JPMorgan, Adam Zimmerman, David Boies, Sigrid McCawley, Morgan Chase, Mike Segar JPMorgan, Jes Staley, shepherding, Staley, Rakoff, Jamie Dimon, Ghislaine Maxwell, Maxwell, Chatman, Mary Erdoes, Stephen Cutler, Dimon, Cutler, Jeffrey Epstein, Erdoes, Nupur Anand, Lananh Nguyen, Saeed Azhar, Luc Cohen, Jonathan Stempel, Tatiana Bautzer, Megan Davies, Alexander Smith, Grant McCool, Lisa Shumaker Organizations: YORK, JPMorgan, Washington, Lee University School of Law, U.S, Deutsche Bank, University of Southern, Co, New York City, REUTERS, U.S ., Barclays, U.S . Virgin, Thomson Locations: U.S, Manhattan, Virginia, University of Southern California, New York, U.S . Virgin Islands

NEW YORK, June 12 (Reuters) - JPMorgan Chase & Co (JPM.N) agreed in principle to settle a class action lawsuit with a victim of Jeffrey Epstein, the bank said in a statement Monday. Litigation is still pending between the U.S. Virgin Islands and JPMorgan Chase, as are JPMorgan Chase’s claims against former executive Jes Staley, the bank said. "The parties believe this settlement is in the best interests of all parties, especially the survivors who were the victims of Epstein's terrible abuse," JPMorgan said. Epstein was a JPMorgan client from 1998 until he was dismissed in 2013. JPMorgan kept him aboard even after his 2006 arrest on prostitution-related charges and a related guilty plea two years later.

Persons: Jeffrey Epstein, Epstein, JPMorgan Chase, JPMorgan Chase’s, Jes Staley, Lananh Nguyen, Saeed Azhar, Kirsten Donovan, Jason Neely Organizations: YORK, JPMorgan Chase &, U.S ., U.S . Virgin Islands, JPMorgan, Thomson Locations: U.S, U.S . Virgin Islands, Manhattan, York, New York

JPMorgan Chase said Monday it has reached a settlement with one of late sexual predator Jeffrey Epstein's victims, who had been suing the bank in federal court. JPMorgan argues that Staley is responsible for any civil liability a jury might find in the Epstein case. Last month, Deutsche Bank, where Epstein became a client after he was forced out by JPMorgan in 2013, settled with Epstein victims for $75 million. The announcement comes more than a week after JPMorgan CEO Jamie Dimon gave a deposition in the Epstein cases. On Friday, lawyers for the Epstein victim, called Jane Doe 1 in documents, asked the court to reopen Dimon's deposition.

Persons: JPMorgan Chase, Jeffrey Epstein's, Jane Doe, Epstein, Jes Staley, Staley, Jamie Dimon, Mary Erdoes, Mary Casey, Dimon, Bill Gates, Prince Andrew of, Bill Clinton, Donald Trump Organizations: JPMorgan, JPMorgan Chase Bank, N.A, U.S . Virgin, Deutsche Bank, Islands, Barclays, Plaintiff, Microsoft Locations: Virgin, Florida, New York

☆ JPMorgan has settled a class-action lawsuit with one of Jeffrey Epstein's victims
▼ + stars: | 2023-06-12 | by ( Grace Dean | ) www.businessinsider.com time to read: 1 min

JPMorgan Chase has reached a settlement over a class-action lawsuit filed by one of Jeffrey Epstein's victims in November. "The parties believe this settlement is in the best interests of all parties, especially the survivors who were the victims of Epstein's terrible abuse," JPMorgan said in a statement. The lawsuit had been filed in Manhattan by an unnamed victim. This is a developing story. Please check back for further updates.

Persons: JPMorgan Chase, Jeffrey Epstein's, JPMorgan Organizations: JPMorgan Locations: Manhattan

☆ Epstein accuser seeks new testimony from JPMorgan CEO Jamie Dimon
▼ + stars: | 2023-06-09 | by ( Dan Mangan | ) www.cnbc.com time to read: +3 min

Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., right, at the US Capitol following a meeting with Senate Majority Leader Chuck Schumer in Washington, DC, US, on Wednesday, May 17, 2023. Lawyers for a Jeffrey Epstein victim asked a federal judge on Friday to allow them to take new testimony from JPMorgan Chase CEO Jamie Dimon and others as part of a lawsuit against the bank over its dealings with sex predator Epstein. JPMorgan denies any wrongdoing but has said it regrets having had Epstein as a client. McCawley noted that Rakoff in May had admonished JPMorgan for turning over documents to the plaintiff's legal team "at an inexplicably slow rate." "This pattern of producing documents from the custodial files of witnesses after their depositions has persisted throughout the discovery period."

Persons: Jamie Dimon, Chuck Schumer, Jeffrey Epstein, Epstein, Dimon, Jed Rakoff, Sigrid McCawley, Jane Doe, Mary Erdoes, Mary Casey, McCawley, JPMC, Joseph Evangelisti, Jamie, —, Eamon Javers Organizations: JPMorgan Chase &, JPMorgan Chase, Court, JPMorgan, U.S . Virgin, CNBC Locations: Washington , DC, Manhattan, U.S

☆ Ex-JPMorgan executive Staley to be questioned under oath about Epstein ties
▼ + stars: | 2023-06-09 | 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

It has in turn sued Staley, arguing he concealed what he knew about Epstein's trafficking and should cover any damages the bank may face in the cases. Staley left JPMorgan in 2013, a few months after the bank fired Epstein, and served as Barclays' (BARC.L) chief executive from 2015 to 2021. Zachary Margulis-Ohnuma, a lawyer who has represented sex trafficking victims and defendants, said he expected the plaintiffs to "grill" Staley on his knowledge of Epstein's sex trafficking and whether it affected the handling of Epstein's accounts. Staley also said JPMorgan had "unclean hands" given its own mistakes in dealing with Epstein. Epstein killed himself at age 66 in a Manhattan jail cell in August 2019 while awaiting trial on sex trafficking charges.

Persons: Jes Staley, Jeffrey Epstein, Epstein, Jed Rakoff, Staley, Jamie Dimon, Zachary Margulis, Jeff Epstein, Luc Cohen, Nupur Anand, Noeleen Walder, Daniel Wallis Organizations: YORK, JPMorgan Chase, U.S ., JPMorgan, Deutsche Bank, Barclays, Thomson Locations: U.S, U.S . Virgin Islands, Manhattan, Florida, Virgin, New York

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