Former JPMorgan Executive Admits Sharing Confidential Info with Epstein

Former JPMorgan Chase executive Jes Staley shared confidential bank information with convicted sex offender Jeffrey Epstein, according to transcripts released by the US Congress House Oversight Committee. Staley divulged details of pending deals and his own compensation to Epstein during a conversation in 2008. He also admitted to sharing other confidential information about JPMorgan with Epstein, including concerns over Epstein's large cash withdrawals.

The revelations come as lawmakers probe Epstein's ties with political and business elites. Staley appeared before the House Committee on Oversight and Government Reform in July, where he defended his exchanges with Epstein by saying he believed he had the authority to share information when deemed appropriate. He maintained that he was unaware of Epstein's crimes.

Staley spent more than three decades at JPMorgan, leading the private bank and asset-management business for which Epstein was a client. He later led Barclays from 2015 until his resignation in 2021. The disclosures add new detail to scrutiny of the relationship between Staley and Epstein, who had extensive ties with prominent figures including US President Donald Trump.