JP Morgan Chase & Co.’s ties to convicted sex offender Jeffrey Epstein ran deeper than the bank has acknowledged and extended beyond the closing of his...
JP Morgan Chase & Co.’s JPM ties to convicted sex offender Jeffrey Epstein ran deeper than the bank has acknowledged and extended beyond the closing of his accounts, the Wall Street Journal reported on Friday, citing people familiar with the matter. Mary Erdoes, head of the bank’s asset & wealth management business and a close lieutenant of Chief Executive Jamie Dimon, made two visits to Epstein’s Upper East Side townhouse, in 2011 and 2013, when he was still one of the banks’ clients.
She also exchanged dozens of emails with him relating to a charitable fund the bank was considering, the people said. Erdoes has previously said through a JPMorgan spokesman that the only time she remembered meeting Epstein was the day she fired him as a client, said the paper. Erdoes declined to comment for the article. The bank has said it closed his account in 2013. John Duffy, who ran the U.S. private bank, went to the townhouse for a meeting in April 2013.
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