JPMorgan rejects declare Dimon mentioned Epstein with Staley

Jamie Dimon, Chairman and Chief Government Officer of JPMorgan Chase & Co., throughout a Senate Committee on Banking, Housing and City Affairs Committee listening to on Thursday, September 22, 2022, in Washington, DC, United States.


Al Drago | Bloomberg | Getty Photos

JPMorgan Chase On Wednesday, a brand new report dismissed allegations that CEO Jamie Dimon spent years talking with Jes Staley, a prime govt at JPMorgan, about then-bank shopper Jeffrey Epstein – a intercourse offender.

“We imagine that is unsuitable. There isn’t a proof that any such communication ever came about — nothing within the in depth physique of paperwork reviewed and nothing within the almost dozen testimonies, together with these of our personal CEO,” JPMorgan spokeswoman Patricia Wexler stated in a press release to CNBC.

“The one one that claims that is true is presently being charged with horrific acts and dishonesty – and has not been eliminated,” Wexler stated, referring to Staley.

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Wexler’s feedback got here hours after The Wall Road Journal revealed an article that stated Staley stated in authorized paperwork he had communicated with Dimon for years about JPMorgan’s dealings with Epstein.

Epstein was a shopper of the financial institution from 1998 to 2013 and had a whole bunch of thousands and thousands of {dollars} on a number of accounts.

“Within the paperwork, Staley stated that Dimon communicated with him when Epstein was arrested in 2006 and in 2008 when Epstein pleaded responsible” to a intercourse crime in Florida, The Journal reported.

“Staley additionally stated that Dimon spoke to him a number of occasions about holding Epstein as a shopper via 2012,” the Journal reads.

Epstein spent greater than a yr in jail after being convicted of sexually molesting a minor in Florida, a case that was broadly publicized on the time.

The Journal additionally reported that it had seen paperwork exhibiting that Dimon and Staley had been scheduled to fulfill with Epstein on March 2, 2010. JPMorgan informed the newspaper that Dimon didn’t attend that assembly and that it was not on the CEO’s calendar.

Dimon was faraway from workplace on Friday over two civil lawsuits in US District Courtroom in Manhattan in opposition to the financial institution that accused JPMorgan of enabling and financially taking advantage of Epstein’s intercourse commerce.

A lawsuit was filed by the US Virgin Islands authorities, the place Epstein maintained residency on a non-public island. The opposite criticism was filed by an Epstein accuser who needs her criticism to be became a category motion lawsuit on behalf of different ladies.

An Epstein accuser’s lawsuit in opposition to JPMorgan alleges that Staley “knew past an inexpensive doubt that Epstein trafficked and abused women.”

JPMorgan has claimed in a court docket submitting that Staley was the one who used “aggressive pressure” within the sexual assault on an Epstein accuser, with out being named on this lawsuit.

Staley denies wrongdoing and likewise denies understanding about Epstein’s abuse of younger ladies.

Deutsche Financial institution, which turned Epstein’s financial institution in 2013 after JPMorgan severed ties with him following Staley’s departure from the financial institution, agreed earlier this month to settle a $75 million lawsuit by one other Epstein accuser. This deal will profit different ladies who fell sufferer to Epstein whereas he was a Deutsche Financial institution shopper.

JPMorgan, which denies any wrongdoing, has alleged in court docket filings that Staley is answerable for any civil legal responsibility arising out of Epstein utilizing funds he deposited with that financial institution to focus on younger ladies within the Virgin Islands and elsewhere ship the place they might be abused by him and others.

Wexler stated after Dimon’s testimony final week: “Our CEO reiterated after his testimony that, as he stated, he’s by no means met him, by no means emailed him, doesn’t bear in mind ever discussing his accounts internally have, and was not concerned in choices about it.” his account.

“On this case, over 1,000,000 pages of emails and different paperwork had been created, and nothing remotely suggests he performed any function in choices about Epstein’s accounts,” Wexler stated.

“As now we have stated earlier than, we now know that Epstein’s conduct was monstrous and his victims deserve justice. In hindsight, any affiliation with him was a mistake and we remorse it, however these lawsuits are misguided as we failed to assist him commit his heinous crime.”

Epstein, 66, took his personal life in a Manhattan jail in August 2019, a month after federal authorities arrested him and charged him with youngster intercourse trafficking.

Dimon has expressed remorse that JPMorgan did enterprise with Epstein

“I’m so unhappy that we even had a relationship with this man,” the CEO stated in a Might 11 interview with Bloomberg.

“You understand, we had prime legal professionals judging this [U.S. Securities and Exchange Commission] enforcement that [Department of Justice]”You understand, and clearly if we knew then what we all know now, we might have performed issues in another way,” Dimon stated.

– CNBC’s Daybreak Giel contributed to this report.

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2023-05-31 15:09:15