• JPMorgan Chase said it will pay $75 million to settle a lawsuit by the U.S. Virgin Islands alleging that the American bank facilitated and benefited from the sex trafficking of young women by its longtime customer Jeffrey Epstein.

  • JPMorgan also said it had reached a settlement with Jes Staley, a former executive at the bank who had been friends with Epstein, to resolve claims by JPMorgan that he was responsible for any civil damages and costs associated with Epstein-related litigation.
  • Epstein had been friends with Donald Trump, Bill Clinton and Prince Andrew of Britain.

https://www.cnbc.com/amp/2023/09/26/jpmorgan-to-settle-jeffrey-epstein-suit-by-virgin-islands.html