jp morgan chase – One America News Network

NEW YORK, NY - OCTOBER 02: People pass a sign for JPMorgan Chase & Co. at it's headquarters in Manhattan on October 2, 2012 in New York City. New York Attorney General Eric Schneiderman has filed a civil lawsuit against JPMorgan Chase alleging widespread fraud in the way that mortgages were packaged and sold to investors in the days that lead-up to the financial crisis. The allegations, which were filed in New York State Supreme Court, concern business that transpired during 2006 and 2007 at a now-defunct Bear Stearns, the failed Wall Street firm which was purchased in 2008 by JPMorgan Chase. (Photo by Spencer Platt/Getty Images)

JP Morgan Settles $75M Epstein Sex-Trafficking Lawsuit

JPMorgan Chase has reached a settlement with the U.S. Virgin Islands and former executive Jes Stanley. The lawsuit alleged that the bank was aware, helped, and even benefited from Jeffrey Epstein’s trafficking of minors.

JPMorgan Chase chief executive Jamie Dimon is set to be deposed under oath for two civil lawsuits that claim that the bank ignored warnings that Jeffrey Epstein was trafficking teenage girls for sex while profiting from his relationship with him. (Photo by Michael M. Santiago/Getty Images)

JPMorgan Chase to pay $290m to settle with victims of Jeffrey Epstein

JPMorgan Chase has revealed that the company will pay around $290 million to settle a class action lawsuit with a woman who claims that the bank knowingly benefited from sexual abuse that she and others suffered from at the hands of Jeffrey Epstein.

A sign for a First Republic bank branch is seen in Manhattan on April 24, 2023 in New York City. The U.S. bank will reveal its latest financial results but concerns over small and medium-sized banks persist following the collapse of Silicon Valley Bank (SVB) in March. (Photo by Spencer Platt/Getty Images)

First Republic bank fails

First Republic Bank was taken over by the Federal Deposit Insurance Corporation (FDIC) on Monday with JPMorgan Chase as the buyer.