The boss of JP Morgan Chase has said he regrets his bank’s ties to disgraced financier and paedophile Jeffrey Epstein.
‘I am so sad that we had any relation to that man whatsoever,’ Jamie Dimon told Bloomberg TV.
He said the bank would have done things ‘differently’ if it had known about Epstein’s behaviour.
JP Morgan is being sued over its ties to Epstein, a client from 1998 to 2013. The bank is accused of knowingly benefiting from his sex-trafficking.
Regret: JP Morgan boss Jamie Dimon (pictured) said the bank, which is being sued over its ties to Jeffery Epstein, would have done things ‘differently’ if it had known about his behaviour
Dimon said he had ‘deep respect’ for the women harmed by Epstein but that did not mean JP Morgan was liable for the actions of its client.
Former Barclays boss Jes Staley is also in the spotlight. Staley was a senior executive at JP Morgan before he joined Barclays and Epstein was his client.
According to court documents, Staley was allegedly aware of Epstein’s sex-trafficking operations.
Staley’s legal team has described allegations about his connection to Epstein as ‘slanderous’ and ‘baseless’.
He quit as Barclays boss in 2021 after a probe by regulators into his relationship with Epstein.
