Jamie Dimon, Chairman, CEO and President of JPMorgan Chase, talking on the Squawk Field on the WEF on January 19, 2023 in Davos, Switzerland.
Adam Galica | cnbc
JPMorgan Chase & Co. The US Virgin Islands on Tuesday rejected a requirement that it flip over extra paperwork associated to Chief Government Jamie Dimon for Jeffrey Epstein’s trial accusing the financial institution of aiding the financial institution in intercourse trafficking.
In a submitting Tuesday in Manhattan federal court docket, JPMorgan accused Dimon of garnering media consideration by looking for paperwork from 2015 to 2019.
The most important US financial institution stated Dimon was not concerned in any selections concerning Epstein’s account, and had dropped the financier as a shopper in 2013.
It additionally referred to as the US Virgin Islands’ demand a “fishing operation” as a result of the territory had obtained a “huge trove” of knowledge in litigation in opposition to Epstein’s property, the place it recovered greater than $105 million.
“Dimon just isn’t related to this motion,” JPMorgan stated. “If there had been proof supporting the invention from JPMC from 2014-2019, the USVI would have discovered it.”
Attorneys for the US Virgin Islands didn’t instantly reply to requests for remark.
In a February 23 court docket submitting, Area referred to as Dimon “a possible supply of related and distinctive data” concerning selections to maintain Epstein as a shopper, and mentioned referrals of distinguished and rich potential shoppers to Epstein. Was.
The US Virgin Islands is looking for damages from JPMorgan for lacking pink flags about Epstein’s misconduct on Little St. James, a personal island he owned.
JPMorgan additionally requested a decide on Tuesday to reject a requirement by Epstein victims for extra paperwork for its personal trial.
Each circumstances give attention to Epstein’s relationship with Jess Staley, the previous non-public banking head of JPMorgan, who has acknowledged a friendship with Epstein however denied figuring out about his alleged crimes.
Epstein died in August 2019 on the age of 66 in a Manhattan jail cell whereas awaiting trial on intercourse trafficking expenses.
Dimon and Staley, who later served as chief government of Barclays plc, will not be defendants in any of the fits.
The case is Authorities of the US Virgin Islands v. JPMorgan Chase Financial institution NA, US District Court docket, Southern District of New York, No. 22-10904.
source_url
#JPMorgan #CEO #Dimon #related #lawsuit #banks #Epstein #ties
