JPMorgan Executive Shared Confidential Bank Info with Convicted Sex Offender
A former JPMorgan Chase executive has revealed he shared confidential bank information with convicted sex offender Jeffrey Epstein. Jes Staley, who spent over three decades at JPMorgan, admitted to sharing sensitive details about the bank's communications with the Federal Reserve during the 2008 financial crisis, private bank inflows of $44 billion over two weeks, his own compensation, and details of pending deals.
Staley testified before the House Committee on Oversight and Government Reform in July, stating he had a close professional relationship with Epstein but was unaware of his crimes. He claimed he believed he had authority to share information when he deemed it appropriate.
The executive also confirmed he had been appointed to a role connected to Epstein's estate years after his 2008 conviction and signed documents related to the Epstein trust in 2014 and a trust amendment in 2015.