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...Dimon was originally scheduled to be deposed in April as well, but JPMorgan’s lawyers argued for his interview to take place after Staley’s, said a person familiar with the matter....
...Staley’s lawyers did not respond to an FT request for comment, but Staley has previously denied any wrongdoing. The terms of the settlement with Staley were not disclosed....
...Sam Bankman-Fried may have just found out the hard way....
...As well as seeking to make Staley liable for any damages it faces, JPMorgan is also attempting to claw back some of his pay....
...The legal back and forth with the USVI as well as Staley has included multiple efforts to throw mud on JPMorgan’s hard-won reputation as one of the best-run US banks....
...JPMorgan sued Staley last month and said he should be liable for any damages it may be forced to pay in two suits brought by an alleged Epstein victim, and the US Virgin Islands, claiming that the bank benefited...
...May-December romance: a certain frisson is guaranteed; a happy ending is unlikely, but such transgressive liaisons are ideal material for dance drama....
...JPMorgan and Staley deny they have any liability for Epstein’s crimes. While these lawsuits are adjudicated, the bank would be well-advised to study Goldman’s ethos concerning collective responsibility....
...Dimon is set to be deposed in May....
...The total offering may increase to €2.3bn if an overallotment option is exercised in full....
...Dimon is set to make a deposition in May....
...Barclays’ annual general meeting will be held in London on May 3....
...Staley would now have access to the victim’s “intimate communications”, the lawyer claimed, as well as private medical records, and the effect of the suit would be to “force Staley back into her life”....
...“But this is a very, very long game and we have been playing it well so far.”...
...Staley declined to comment on the FT’s report at the time....
...The facts may indeed show that JPMorgan was not in any way at fault.”...
...As the Madoff scam unravelled in late 2008, Erdoes asked Staley to check in with the well-connected sex offender — then serving an 18-month sentence for soliciting a minor — about the scandal’s fallout....
...Days later Epstein wrote to Staley, then his personal banker at JPMorgan: “Well for all intends [sic] and purposes peter mandelson is now deputy prime minister.”...
...However, the data also indicated a steep increase in average cost burdens, which had grown at their fastest pace since May 2023....
...Lawyers for Doe and the Virgin Islands have sought to obtain communications from longstanding JPMorgan chief executive Jamie Dimon, as well as force him to provide sworn testimony....
...Chart of the day Peanuts are no longer going for well, peanuts....
...In 2021, Diamond’s successor but one, Jes Staley, resigned after Barclays’ regulators reported on the way Staley had characterised his relationship with the sex offender Jeffrey Epstein while at JPMorgan...
...But time may not be on Venkatakrishnan’s side....
...to which Staley said “Beauty and the Beast”. Epstein replied: “well one side is available”. According to the Virgin Islands, the exchange was referring to young women and girls Epstein was providing....
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