from Sputnik News:
Earlier this month the bank agreed to pay $290 million in a similar lawsuit brought by alleged victims of disgraced American financier Jeffrey Epstein. The lawsuit has broken open the ties and dealings the bank had maintained with Epstein for years.
A new report has revealed details surrounding Jeffrey Epstein’s ties to JPMorgan Chase, one of the largest banking institutions in the world, and specifically highlighted the financier’s ties to former JPMorgan executive Jes Staley.
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Epstein was arrested in 2019 on federal sex-trafficking charges, and died that same year in jail before he was tried in court over sex trafficking charges. The 20-plus internal report was
reportedly prepared after news broke of Epstein’s arrest in 2019.
It’s speculated the report may have been made public in the legal fight JPMorgan is duking out with the US Virgin Islands.
The USVI brought forward a lawsuit against the bank last year, alleging JPMorgan ignored Epstein’s egregious acts because he helped bring in wealthy clients for the bank.
According to reports based on the USVI lawsuit, Epstein and Staley had close ties and exchanged hundreds of emails before Staley left JPMorgan in 2013 and went on to become the CEO of Barclays. Some of those emails included “young women in seductive poses,” the
report claims.
“That was fun. Say hi to Snow White,” Staley reportedly wrote in a July 2010 email to Epstein. Epstein responded: “[W]hat character would you like next?” to which Staley replied, “Beauty and the Beast.”
Staley has claimed he was not aware of Epstein’s crimes, and ended the friendship before becoming Barclays CEO. The report also noted Esptein offered to help one of Staley’s daughters in applying to graduate schools, including Columbia University. The college has claimed there was no meeting between “the [school’s] president and Staley,” “nor did the president know Epstein, then or later.”
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