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June 12, 2023civil settlementfinancial regulationcivil justiceinstitutional accountabilityJusticeAccountabilityThe Epstein Files

JPMorgan agrees to $290 million civil settlement in Epstein-related case

JPMorgan Chase agreed to a 290 million dollar civil settlement tied to its past banking relationship with Jeffrey Epstein. The bank denied liability while acknowledging the relationship was a mistake. The settlement created a major institutional-accountability record around private banking, compliance warnings, and high-risk client oversight.