HomeCrimeJPMorgan sues Jes Staley, says he 'concealed' Epstein ties

JPMorgan sues Jes Staley, says he ‘concealed’ Epstein ties

Jes Staley and Jeffrey Epstein

Jes Staley and Jeffrey Epstein (Staley photo by Evan Agostini/Invision/AP, File; Epstein via DOJ)

JPMorgan has sued its former senior banker Jes Staley, claiming that he “concealed his personal activities” with Jeffrey Epstein and exposed them to potential liability.

Staley, who is Barclays former CEO, has been dogged by scandal regarding his relationship with Epstein. He once served as JPMorgan’s senior executive and then, he resigned from Barclays amid scrutiny of his 1,200 emails with Epstein that suggested the pair had a cozy relationship.

Some of those messages spilled into the public domain as the Virgin Islands has pursued a lawsuit seeking to hold JPMorgan liable for “complicity” with Jeffrey Epstein.

JPMorgan Chase (JPMC) insists that, if the allegations are true, Staley left them in the dark and “served his own and Epstein’s interests.”

“While JPMC held discussions regarding Epstein, Staley was apparently in regular contact with Epstein,” the bank claims in the lawsuit, adding that the executive “never disclosed to anyone” the alleged conduct that filled the Virgin Islands lawsuit.

The megabank, which is the largest in the world by market capitalization, does not detail those allegations explicitly in its complaint, except by reference to the Virgin Islands government’s claims.

On Feb. 15, 2023, the Virgin Islands unsealed some of those blockbuster revelations.

“Between 2008 and 2012, Staley exchanged approximately 1,200 emails with Epstein from his JP Morgan email account,” the government’s lawsuit alleges. “These communications show a close personal relationship and ‘profound’ friendship between the two men and even suggest that Staley may have been involved in Epstein’s sex-trafficking operation.”

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