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Representative Profile

Jes Staley

JPMorgan Private Banking Executive, later Barclays CEO
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JPMorgan processed Epstein payments to young women for 5 years after conviction
Wall Street's largest bank ignored red flags as CEO claimed ignorance
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Events (1)
Sep 26, 2023 ยท economic_event
JPMorgan settles over Epstein-related banking violations
JPMorgan Chase agreed to a $290 million settlement after evidence showed the bank processed payments to young women on behalf of Jeffrey Epstein for five years after his 2008 sex-offender conviction. Internal compliance officers had flagged Epstein's account repeatedly but senior executives kept the relationship. The settlement resolved a lawsuit by Epstein victims represented by lawyers in the U.S. Virgin Islands.
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