Jes Staley had a personal relationship with the late pedophile Jeffrey Epstein when he was a client of JP Morgan. Credit: Simon Dawson/Bloomberg
JP Morgan is using Jes Staley as a «PR shield» in its legal battle against Jeffrey Epstein, according to the former head of Barclays. to take over Barclays, urged a New York judge to dismiss JP Morgan's lawsuit against him, accusing the US bank of evading responsibility for its own failures in working with the late pedophile financier.
In a new lawsuit, Mr. Staley has asked a judge to dismiss JP Morgan's lawsuit, which seeks to hold him liable for any damages caused by other lawsuits accusing the bank of facilitating Epstein's sex trafficking.
The Bank is suing Mr. Epstein. Staley on his relationship with Epstein and demanding that he pay back more than $80m (£67m) of his earnings.
However, on Monday, Staley's lawyers hit back at JP Morgan, saying, «What? it is clear that the bank cannot treat Mr. Staley as its public relations shield, making demands that have no legal (or factual) basis.”
In two separate lawsuits, JPMorgan was accused of repeatedly transferring cash to pay Epstein's victims, ignoring red flags raised by his compliance team to cut ties with him, and working with a pedophile financier even after he abandoned him. as a customer.< /p>
The bank is facing a class action lawsuit filed by Epstein's victim and a class action lawsuit filed by the US Virgin Islands.
The latter lawsuit alleged that Epstein's behavior was widely known at JP Morgan. that high-ranking bankers were joking about his interest in young girls.Jes Staley visited Epstein while he was under house arrest for child sex crimes on Little St. James. Photo: AP Photo/Gianfranco Gaglione. p>Mr. Staley had a personal relationship with Epstein when he was a bank customer and visited a deceased pedophile on his Caribbean island.
Unsealed emails allege that Mr. Staley drank white wine in a jacuzzi at Epstein's resort. a private Caribbean island while the pedophile financier was under house arrest for child sex crimes.
Although both lawsuits cite Mr. Staley's relationship with the disgraced financier to argue that JP Morgan knew about sex trafficking, none of them mention Mr. Staley's name. as defendant.
Mr. Staley has repeatedly denied knowledge of Epstein's sexual abuse.
Lawsuits against JP Morgan and bank lawsuit against Staley are scheduled for Trial on 23 October before a US District Judge in Manhattan.
JP Morgan declined to comment.
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