A former JPMorgan Chase & Co executive wrote in a 2011 email that the late financier and sex offender Jeffrey Epstein should not be a client of the bank, according to a transcript of a deposition of Chief Executive Jamie Dimon seen by Reuters.
A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/Mike Segarexecutive wrote in a 2011 email that the late financier and sex offender Jeffrey Epstein should not be a client of the bank, according to a transcript of a deposition of Chief Executive Jamie Dimon seen by Reuters.
In Dimon's May 26 deposition, he was asked about the email former general counsel Stephen Cutler sent to other executives, including former private banking chief Jes Staley and Mary Erdoes, now head of asset and wealth management, calling Epstein "not a person we should do business with, period."The email was read by a lawyer for the Virgin Islands during questioning, according to the transcript. Reuters has not seen the email itself.
Staley has said he regrets his friendship with Epstein, but denied knowing about Epstein's alleged sex trafficking. His lawyers did not immediately respond to a request for comment on Wednesday.
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