JP Morgan CEO Jamie Dimon to Be Deposed in Epstein Lawsuits

JP Morgan Chase CEO Jamie Dimon will be deposed as part of two lawsuits linked to financier Jeffrey Epstein. The lawsuits allege that the bank ignored warnings about Epstein’s illegal activities and profited from sex trafficking. The depositions are set to take place behind closed doors in May 2021. JP Morgan was Epstein’s bank from 1998 to 2013.

During the pre-trial process, communication between JP Morgan employees referred to a “Dimon review” of the bank’s relationship with Epstein. However, the bank denies that Dimon was involved in any discussions regarding keeping Epstein as a client. A person familiar with the matter also says that no record was found of Dimon being in direct contact with Epstein.

JP Morgan’s lawyers have resisted attempts to depose Dimon and attempted to limit the range of documents handed over. Last week, Judge Jed Rakoff allowed some claims against JP Morgan and Deutsche Bank to proceed, and ordered the bank to provide communications about Dimon and former general counsel Steve Cutler from before 2006.

Former JP Morgan executive Jes Staley, who allegedly witnessed and participated in Epstein’s crimes, is scheduled to be deposed in April.