JPMorgan will pay Virgin Islands $75 million settlement over Jeffrey Epstein lawsuit
The lawsuit had alleged the bank was “complicit” in Jeffrey Epstein’s crimes and had obstructed law enforcement investigating him.
The lawsuit had alleged the bank was “complicit” in Jeffrey Epstein’s crimes and had obstructed law enforcement investigating him.
The bank settled the first of several lawsuits it is involved in over its ties with Jeffrey Epstein.
Musk was subpoenaed to turn over documents as investigators think he may have been referred to JPMorgan by Epstein.
Jamie Dimon, the CEO of the country’s largest bank, asserted last month it was “absurd” to suggest titans like JPMorgan would benefit from the collapse of several regional banks.
JP Morgan Chase’s chief executive says the bank made mistakes in its $US175m acquisition of student financial aid startup Frank.
Starting on Friday, the global banking industry will feel the sharp edge of tightening financial conditions.