Jamie Dimon, Chairman and CEO of JPMorgan Chase & Co., during an interview with Bloomberg Television at the JPMorgan Global High Yield and Leveraged Finance Conference in Miami, Florida, U.S., on Monday, March 6, 2023.
Marco Bello | Bloomberg | Getty Images
Jamie Dimon, the veteran JPMorgan Chase CEO and chairman will be ousted over his bank’s ties to disgraced former financier Jeffrey Epstein, according to a person with knowledge of the matter.
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Dimon agreed to be interviewed under oath, at an unspecified future date, for two civil trials related to convicted sex offender Epstein, according to the person, who declined to be identified on the case.
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The lawsuits, one from an alleged victim and another from the U.S. Virgin Islands, allege the New York-based bank ignored red flags about Epstein and profited from doing business with him. Earlier this month, JPMorgan tried to pin the blame for the episode on a former senior executive.
The development was reported previously by the Financial Times.
