Hints and tips:
...The Frankfurt-based lender had tried to have Doe’s case dismissed, arguing a settlement she reached with the Epstein estate in April 2022 — in which she received $7.4mn — covered the lender’s liability,...
...The cases have shone a light on the internal deliberations at JPMorgan over whether or not to keep Epstein as a client of its private bank from 1998 until 2013, when the lender ultimately severed ties....
...The US lender first subpoenaed the Manhattan district attorney’s office earlier this month, requesting any statements made by an unnamed Epstein accuser to its sex crimes unit in August....
...The settlement brings JPMorgan one step closer to drawing a line under the two perilous proceedings, which generated increasingly unflattering headlines for the US’s largest lender and embarrassed some of...
...But he allowed several claims from the Jane Doe cases to proceed against each lender, including allegations the banks “knowingly benefited from participating in a sex-trafficking venture”, as well a similar...
...Brad Edwards, a lawyer for Jane Doe, said the complaint against Staley was JPMorgan “attempting to deflect” blame....
...But how vigilant should a lender be in monitoring how a star performer generates those fees? The temptation may be to let scrutiny slip....
...Deutsche Bank has agreed to pay up to $75mn to settle a lawsuit brought by the pseudonymous Jane Doe who alleged the lender had benefited from human trafficking by retaining Jeffrey Epstein as a client....
...It doesn’t seem like full details were required, as some people signed on with pseudonyms (“John Doe” etc)....
...Arun Majumdar, a clean energy expert and academic already involved in the transition, may fit at the DoE....
...Yet it appears Donald Trump will not even be able to order a regulatory bailout for his friends in the coal mining and generation business, along with their investors and lenders....
...Paragon has unveiled an improved fixed rate on its one-year savings account, in the latest move by a “challenger” bank to compete with traditional high street lenders....
...The bank will be run by Richard Doe, previously chief executive of ING Direct UK, a consumer savings and mortgage business that was bought by Barclays in 2012....
...Not until May 2010, when international lenders launched a €110bn rescue of Greece, did Mr Zapatero’s deficit-cutting and economic reform programmes start in earnest....
...The legal team created a “put” option, in which the US Department of Education would buy the student loans if the FFB was forced to own them – the first time the DoE had done so....
...John Doe. Account Number 12345678910. You are applying for a Home Affordable Modification Plan. Please help us determine whether you are eligible....
...Lenders aren’t making money as easily available as they once did,” Mr Kachan said....
...The DOE [Department of Energy] hates USEC,” says a west coast investor. Much of the investing public, however, has rather liked USEC....
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