
Follow The Money: Jes Staley Sues JP Morgan Over The Epstein Allegations
2025-07-25
0:00
12:26
Jes Staley, the former private banking head at JPMorgan, found himself at the center of explosive litigation tied to the Jeffrey Epstein scandal. JPMorgan sued Staley in 2023, alleging he misled the bank about his relationship with Epstein and helped protect Epstein's status as a high-value client, all while hiding his knowledge of Epstein’s predatory behavior. The bank sought to claw back over $80 million in compensation. Staley denied wrongdoing, but the case placed immense pressure on JPMorgan, which simultaneously faced lawsuits from Epstein victims and the U.S. Virgin Islands over its financial ties to the disgraced financier. In the end, JPMorgan reached a confidential settlement with Staley, avoiding a prolonged courtroom spectacle.
But the fallout for Staley didn’t end there. In the U.K., financial regulators had imposed a lifetime ban and multi-million-pound fine, accusing him of misleading authorities by claiming his relationship with Epstein was purely professional. That claim unraveled when evidence surfaced showing personal emails and inappropriate communications, including messages involving Staley’s daughter. A tribunal upheld the regulatory ban, calling his conduct reckless and lacking integrity. Simultaneously, a class-action suit in the U.S. advanced, alleging that both Staley and Barclays misled investors by failing to disclose the depth of his Epstein ties before his appointment as CEO. The legal and reputational consequences continue to pile up for a man once seen as untouchable in elite banking circles.
source:
JP Morgan sues former executive over claims he hid Jeffrey Epstein's sex abuse | Daily Mail Online
But the fallout for Staley didn’t end there. In the U.K., financial regulators had imposed a lifetime ban and multi-million-pound fine, accusing him of misleading authorities by claiming his relationship with Epstein was purely professional. That claim unraveled when evidence surfaced showing personal emails and inappropriate communications, including messages involving Staley’s daughter. A tribunal upheld the regulatory ban, calling his conduct reckless and lacking integrity. Simultaneously, a class-action suit in the U.S. advanced, alleging that both Staley and Barclays misled investors by failing to disclose the depth of his Epstein ties before his appointment as CEO. The legal and reputational consequences continue to pile up for a man once seen as untouchable in elite banking circles.
source:
JP Morgan sues former executive over claims he hid Jeffrey Epstein's sex abuse | Daily Mail Online
Fler avsnitt från "Beyond The Horizon"
Missa inte ett avsnitt av “Beyond The Horizon” och prenumerera på det i GetPodcast-appen.