March 28 (Reuters) – Jamie Dimon, the chief government of JPMorgan Chase & Co (JPM.N), might be interviewed below oath over the financial institution’s relationship with late intercourse offender and former consumer Jeffrey Epstein, a lawyer concerned within the case mentioned on Tuesday.
The deposition is anticipated in early Could, in accordance with Brad Edwards, a lawyer representing ladies who declare they have been sexually abused by Epstein and are suing the biggest U.S. financial institution for allegedly enabling the financier’s intercourse trafficking.
JPMorgan declined to remark.
Epstein had been a JPMorgan consumer from 2000 to 2013 – 5 years after he pleaded responsible to a Florida prostitution cost.
JPMorgan is defending two lawsuits in search of damages over its dealings with Epstein: a proposed class motion by Epstein’s accusers and a case introduced by the U.S. Virgin Islands, the place Epstein owned a house.
The financial institution can be suing Jes Staley, a former non-public banking chief and later Barclays Plc (BARC.L) CEO. He had been pleasant with Epstein however expressed remorse for the connection and has denied any involvement in Epstein’s criminality.
Staley, who resigned from Barclays in November 2021 amid a regulatory inquiry into how he characterised his relationship with Epstein, might be interviewed below oath by JP Morgan legal professionals in April, one supply aware of the state of affairs mentioned.
U.S. depositions are typically held in non-public.
JPMorgan, which has accused Staley of concealing details about Epstein, seeks to power the return of eight years of compensation and reimbursement for damages the financial institution may incur in different lawsuits.
The Monetary Occasions earlier reported Dimon’s anticipated deposition.
Citing an individual aware of an inner JPMorgan probe, the newspaper mentioned there was no report discovered of Dimon being in direct communication with Epstein or included in any dialogue over retaining him as a consumer.
On March 9, a federal decide ordered JPMorgan to present the U.S. Virgin Islands paperwork regarding Dimon from 2015 to 2019, after Epstein had been dropped as a consumer, rejecting the financial institution’s declare that the territory was on a “fishing expedition”.
Deutsche Financial institution AG (DBKGn.DE), the place Epstein was a consumer from 2013 to 2018, can be being sued by the financier’s accusers.
Epstein killed himself in a Manhattan jail cell at age 66 in August 2019 whereas awaiting trial for intercourse trafficking.
Reporting by New York bureau, Jaiveer Shekhawat in Bengaluru and Kirstin Ridley in London; Enhancing by Devika Syamnath, Sonali Paul and Chizu Nomiyama
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