Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Financial Services

JP Morgan boss to be quizzed over bank's Epstein links

Jamie Dimon, the chief executive of US investment bank JPMorgan Chase, is to be questioned in a US Federal Court over the bank’s relationship with convicted sex trafficker Jeffrey Epstein.

JPMorgan has tried to distance itself from involvement with Epstein by shifting any responsibility on to former Barclay’s boss Jes Staley, who handled the account during his long stint as an employee of the US bank.

Even so, according to a report in the FT, Dimon is set to give a sworn deposition behind closed doors in May as part of two lawsuits brought against the US bank by an alleged Epstein victim and the US Virgin Islands, where he lived.

According to the writs, JPMorgan benefited from human trafficking and ignored warnings about Epstein, who committed suicide in a US gaol in 2019 after being convicted.

Dimon is alleged to have carried out a 'review' of the bank's relationship with Epstein before he was arrested, though this is something he has repeatedly denied while claiming the lawsuits are 'meritless'.

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK