JPMorgan’s Jamie Dimon denies involvement with Jeffrey Epstein

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JPMorgan Chase Chief Executive Jamie Dimon Swears He Never Met the Bank’s Ex-Client Jeffrey Epsteinnor was it involved in any internal decisions to detain the disgraced late financier after concerns were raised about his sex crimes, the company said on Friday.

During Friday’s sworn testimony, “our CEO repeatedly confirmed that he had never met [Epstein]never emailed him, does not recall ever discussing his accounts internally and was not involved in any decisions about his account,” the bank said in a statement.

“There are millions and millions of emails and other documents that have been produced in this case and no one even comes close to suggesting that it played a role in Epstein’s account decisions.”

The statement came after the 67-year-old was deposed for seven hours by attorneys for an unnamed Epstein accuser and the US Virgin Islands, where Epstein had a home, in two lawsuits in which JPMorgan is accused of profiting from the trafficking in human beings to provide financial services to the deceased sex offender for a period of 15 years.

However, an attorney for the unnamed prosecutor, Brad Edwards, accused the bank of feeding the press a “carefully chosen selfish quote”.

“Rather than mislead someone about what was or was not said, why not just agree to release the entire transcript? . . . Then the world can contextualize their comment and decide for themselves what they think of Mr. Dimon’s testimony as a whole,” Edwards added.

JPMorgan later clarified that Dimon had merely “reaffirmed after his deposition” that he did not know Epstein.

The sworn testimony of Dimon, one of Wall Street’s most powerful figures, marked one of the most important moments to date in the Epstein affair lawsuits filed last year, which shed an unflattering light on JPMorgan’s internal compliance processes and embarrassed key executives.

While evidence gathered in recent months has revealed that several top bank executives were involved in discussions of Epstein’s crimes, there was a single reference in an email to Dimon potentially needing to review the sex offender’s accounts.

JPMorgan has denied that such a review ever took place.

On Friday, a federal judge in New York heard arguments from representatives of Epstein’s accuser, who argue that potentially hundreds of women should be eligible for compensation from the bank.

Sigrid McCawley, an attorney for Jane Doe, told the court there was “clear evidence in the filing that the bank was aware of Epstein’s conduct. . . starting in the early 2000s” and she argued that her crimes of him required JPMorgan, which had Epstein as a client from 1998 to 2013, turn a “blind eye”.

JPMorgan’s lawyers argued that the alleged victims had “very different experiences” and therefore shouldn’t be allowed to file the lawsuit as a single group. He denied responsibility and counterclaimed his former manager Je Staleywhich he accuses of deceiving the bank about Epstein’s actions.

Staley disputed the bank’s claims.

Judge Jed Rakoff said he will rule on the motion to certify the case as a class action by June 20.