A federal judge ordered JPMorgan CEO Jamie Dimon to set aside two days for depositions about what he knew about the bank's relationship with sex offender and former client Jeffrey Epstein.
CEO Jamie Dimon to set aside two days for depositions about what he knew about the bank's relationship with sex offender and former client Jeffrey Epstein.
JPMorgan is separately suing former private banking chief Jes Staley, claiming he concealed what he knew about Epstein and should cover losses it may incur in the two lawsuits. Rakoff may allow more time if anyone requests it. JPMorgan had offered to make Dimon available for three hours. An Oct. 23 trial is scheduled.
Epstein was a JPMorgan client from 2000 to 2013, remaining so after pleading guilty in 2008 to a Florida state prostitution charge., JPMorgan has been accused of knowing by 2006 that Epstein paid cash to have underage girls and young women brought to his home, and ignoring several internal warnings to cut ties with him.
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