JPMorgan has said the billionaire CEO had no connection to Epstein, but a lawsuit calls him 'a likely source of relevant and unique information' about why the bank kept Epstein as a high-profile client following a sex crimes conviction.
the two lawsuits against JPMorgan to move forward, but dismissed several claims in the suits alleging JPMorgan participated in and facilitated Epstein’s abuse in addition to benefiting from it. The judge also greenlit a separate suit filed by the unnamed Epstein victim against Deutsche Bank, which worked with Epstein after he left JPMorgan.Epstein was a longtime JPMorgan client before parting with the bank in 2013—the same year Staley left the bank to become CEO of Barclays.
The bank also suggested Staley was aware of and perhaps even a participant in Epstein’s crimes, identifying him as the unnamed “powerful financial executive” and Epstein friend who was accused of sexual assault in the anonymous Epstein victim’s lawsuit against JPMorgan—a claim Staley denied. Speculation has persisted that other JPMorgan executives may have had more knowledge of allegations against Epstein than they have acknowledged, though.
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