JPMorgan CEO to be deposed in Epstein case
STORY: JPMorgan's relationship with the late sex offender, Jeffrey Epstein, is coming under scrutiny.
The bank's CEO Jamie Dimon will be interviewed under oath about the bank's decision to retain him as a client, a lawyer involved in the litigation said on Tuesday.
JPMorgan has been accused of enabling the financier's sex trafficking.
Epstein - who killed himself in a Manhattan jail cell in 2019 while awaiting trial - banked with JP Morgan between 2000 and 2013.
During the last five years as a client, he was a convicted sex offender, having pled guilty to a Florida prostitution charge.
Dimon's testimony is expected to take place in May, and is the latest development in two high-profile cases brought against JP Morgan, America's largest bank.
The first - a proposed class action by Epstein's accusers.
The second - a case brought by the U.S. Virgin Islands, where Epstein owned a home.
JPMorgan, in turn, is suing Jes Staley - its former head of private banking, accusing him of concealing information about Epstein, with whom he had been friends.
The bank wants Staley to reimburse it for eight years of compensation, and damages it might incur in the other lawsuits.
Staley has denied knowing about the financier's alleged crimes.
Deutsche Bank, where Epstein was a client from 2013 to 2018, is also being sued by Epstein's accusers.
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