JPMorgan Exec Reveals Sharing Confidential Info with Convicted Sex Offender

A former JPMorgan Chase executive has revealed that he shared confidential and market-sensitive bank information with convicted sex offender Jeffrey Epstein.

Jes Staley, who spent over three decades at JPMorgan, told U.S. lawmakers in a closed-door interview that he divulged sensitive information to Epstein, including the bank's communications with the Federal Reserve during the 2008 financial crisis and $44 billion in private bank inflows over two weeks.

Staley also admitted to sharing other confidential details about JPMorgan with Epstein, such as his own compensation and client relationships. He defended the exchanges, saying he believed he had the authority to share information when he considered it appropriate.

The disclosures add new detail to scrutiny of the relationship between Staley and Epstein, who died in jail in 2019 while awaiting trial on federal sex-trafficking charges. Staley's admissions come as lawmakers probe the late financier's ties with political and business elites.