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The Information
James E. Staley, the previous prime JPMorgan Chase government who was closest to the disgraced financier Jeffrey Epstein on the financial institution, relied on him for a few years as nearly one thing of a private adviser, a doc exhibits.
The 2 males mentioned all kinds of subjects in emails, together with a possible assembly between Chinese language officers and executives of the nation’s largest financial institution, enterprise offers that Mr. Staley was engaged on, a possible promotion for Mr. Staley and the fallout from the 2008 monetary disaster, based on a doc the financial institution ready shortly after Mr. Epstein’s arrest in 2019 on federal sex-trafficking prices.
The doc, reviewed by The New York Occasions and included as a sealed exhibit in a court docket submitting, additionally revealed the private nature of Mr. Staley’s relationship with Mr. Epstein. Quite a lot of instances, Mr. Staley informed Mr. Epstein he missed him, talked about mutual associates and about serving to his daughter get into graduate college.
In a single electronic mail, Mr. Staley bragged to Mr. Epstein about his New Yr’s Eve 2011 plans: “I’m right here in Brazil with three stunning girls. Have a contented new 12 months.”
In one other electronic mail change, based on the doc, Mr. Staley wrote to Mr. Epstein in 2010: “Perhaps they’re monitoring u?? That was enjoyable. Say hello to Snow White.” Mr. Epstein replied, “What character would you want subsequent.” In 2009, Mr. Epstein despatched Mr. Staley an electronic mail with a photograph attachment “of a younger girl sporting a revealing outfit in a modeling pose,” the doc mentioned.
Mr. Staley, higher often known as Jes, is a central determine in two civil lawsuits filed final 12 months towards JPMorgan over the financial institution’s practically 15-year enterprise relationship with Mr. Epstein. The lawsuits contend JPMorgan regarded the opposite means at accusations that Mr. Epstein was trafficking teen ladies and younger males, and continued to even when he needed to register as a intercourse offender after pleading responsible in 2008 to a cost of soliciting prostitution from a teenage woman.
Mr. Staley has repeatedly denied in court docket papers doing something incorrect or being conscious that Mr. Epstein had sexually abused younger girls and teenage ladies whereas the financial institution had him as a shopper. Mr. Staley’s attorneys didn’t reply to requests for remark. JPMorgan, which additionally mentioned it was unaware of Mr. Epstein’s actions, this 12 months sued Mr. Staley in search of to make sure that, if it was decided that he did have interaction in improper exercise, he could possibly be held answerable for damages the financial institution may find yourself paying.
The 22-page doc additionally summarizes different emails involving communications between Mr. Epstein and different staff of JPMorgan.
In some emails, Mr. Epstein talked about all of the wealthy and well-known individuals he was assembly or speaking to, together with Prince Andrew. He talked about having connections to British politicians and Center Japanese leaders. He additionally mentioned an artwork transaction he mentioned he helped Leon Black, the billionaire Wall Road investor, full. Mr. Black was one other shut affiliate of Mr. Epstein’s for a few years and paid him $158 million for tax and monetary recommendation.
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