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