JPMorgan to pay $75M in latest Epstein-related settlement
By 
Kyle Brasseur2023-09-26T16:59:00
JPMorgan Chase agreed to pay $75 million as part of a settlement with the government of the U.S. Virgin Islands regarding the bank’s ties to convicted sex offender Jeffrey Epstein.
The agreement in principle, announced by the bank Tuesday, would be separate from the $290 million the bank agreed to pay in June to settle a class-action lawsuit brought on behalf of Epstein’s victims.
JPMorgan also announced it resolved litigation it brought against former Barclays Chief Executive Jes Staley, who previously worked at JPMorgan and was accused by the bank of being responsible for its relationship with Epstein. The terms of that agreement were not disclosed.
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