JPMorgan CEO Jamie Dimon to be interviewed in lawsuit over company ties to Jeffrey Epstein


Jamie Dimon, the chief govt of JPMorgan Chase & Co, will be interviewed underneath oath over the financial institution’s relationship with late intercourse offender and former shopper Jeffrey Epstein, a lawyer concerned in the case mentioned on Tuesday.

The deposition is predicted in early May, in accordance to Brad Edwards, a lawyer representing ladies who declare they have been sexually abused by Epstein and are suing the most important U.S. financial institution for allegedly enabling the financier’s intercourse trafficking.

JPMorgan declined to remark.

Epstein had been a JPMorgan shopper from 2000 to 2013. He agreed to a plea deal in 2008 in Florida on expenses of procuring an individual underneath 18 for prostitution and felony solicitation of prostitution.

JPMorgan is defending two lawsuits in search of damages over its dealings with Epstein — a proposed class motion by Epstein’s accusers and a case introduced by the U.S. Virgin Islands, the place Epstein owned a house.

JPMorgan sues its former exec

The financial institution can be suing Jes Staley, a former personal banking chief who spent many years with the company and later served as Barclays Plc CEO. He had been pleasant with Epstein, however expressed remorse for the connection and has denied any involvement in Epstein’s criminal activity.

Staley resigned from Barclays in November 2021 amid a regulatory inquiry into how he characterised his relationship with Epstein.

JPMorgan, which has accused Staley of “intentional and outrageous conduct” by concealing details about Epstein, seeks to drive the return of eight years of compensation and reimbursement for damages the financial institution would possibly incur in different lawsuits.

Previous lawsuits have proven Staley and Epstein exchanged a whole bunch of emails and textual content messages over the years, together with some about younger ladies, they usually have been seen to have a detailed relationship that went past the skilled relationship a banker would have with a rich shopper.

Jes Staley is proven in New York City at a enterprise summit on Feb. 8, 2017. JP Morgan has accused Staley, its former govt, of concealing details about Epstein. (Lucas Jackson/Reuters)

On March 9, a federal choose ordered JPMorgan to give the U.S. Virgin Islands paperwork regarding Dimon from 2015 to 2019, after Epstein had been dropped as a shopper, rejecting the financial institution’s declare that the territory was on a “fishing expedition.”

Deutsche Bank AG, the place Epstein was a shopper from 2013 to 2018, can be being sued by the financier’s accusers.

Epstein killed himself in a Manhattan jail cell at age 66 in August 2019 whereas awaiting trial for intercourse trafficking.

Ghislaine Maxwell, 61, is serving a 20-year jail sentence after a Manhattan jury convicted her in December 2021 on 5 expenses for recruiting and grooming 4 women for abuse by Epstein between 1994 and 2004. She not too long ago requested a U.S. appeals courtroom to throw out her conviction, saying a slew of errors marred her trial and prosecutors made her a scapegoat as a result of Epstein may now not be prosecuted.

The Financial Times earlier reported Dimon’s anticipated deposition.