ICYMI: JPMorgan is suing to take back eight years of compensation from former executive Jes Staley over his links to sex offender Jeffrey Epstein. It isn't a great look, but the bank led by Jamie Dimon has more reasons than most to defend itself: Unmack1
, over his links to deceased sex offender Jeffrey Epstein. Suing former employees – in this case using an archaic-sounding doctrine that brands Staley a “faithless servant” – isn't a great look, but the bank led by Jamie Dimon has more reasons than most to defend itself.
At first glance, Dimon needn’t lose too much sleep over the Epstein affair. His $400 billion firm is being pursued for unspecified damages by a woman who argues that it knew of Epstein’s sex trafficking venture, and is also being sued by the government of the U.S. Virgin Islands. But the bank argues the allegations are without merit. Staley has denied knowledge of Epstein’s actions.it must defend is high and rising.
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Breakingviews - Jamie Dimon throws Staley off fortress battlementsClawbacks of pay from misbehaving employees aren’t uncommon, but some are sharper than others. JPMorgan is suing to take back eight years of compensation from former executive Jes Staley, who left in 2013 to become chief executive of UK lender Barclays, over his links to deceased sex offender Jeffrey Epstein. Suing former employees – in this case using an archaic-sounding doctrine that brands Staley a “faithless servant” – isn't a great look, but the bank led by Jamie Dimon has more reasons than most to defend itself.
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JPMorgan sues ex-senior banker Jes Staley over Jeffrey Epstein tiesJPMorgan has sued its former investment banking chief Jes Staley over his ties to Jeffrey Epstein, alleging that Staley is to blame for any legal fallout from a pair of lawsuits against the bank. EamonJavers reports.
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JPMorgan sues ex-exec Jes Staley over Jeffrey Epstein tiesJes Staley, the former CEO of Barclays, should personally be on the hook for damages JPMorgan Chase will have to pay out, according to court papers.
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JPMorgan Chase must turn over more records from Jamie Dimon in Jeffrey Epstein lawsuit, court rulesA federal judge ruled Thursday that JPMorgan must hand over more documents from its CEO Jamie Dimon in a lawsuit concerning Jeffrey Epstein.
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JPMorgan Is Trying to Sue Its Way Out of Its Epstein ConnectionThe bank is suing former exec Jes Staley for doing business with Epstein for years, in an attempt to separate itself from the alleged trafficker.
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