The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
(Bloomberg) -- JPMorgan Chase & Co.'s Jamie Dimon never met or emailed the late sex offender Jeffrey Epstein, according to the bank's response to lawmaker's questions about how much the CEO knew about Epstein and his alleged illegal activities.
Most Read from Bloomberg
Retina Chip Designed to Restore Sight to Go on Sale in Europe
Hegseth Turns to UNC, Virginia Tech After Dropping Ivy League
Apple Plans Overhaul of MacBooks, iMac in Push to Meet AI Demand
Alphabet Falls as $205 Billion Spending Plan Fuels AI Cost Fear
Trump's 100% Generic Drug Duty Threatens US Low-Cost Supply
"Mr. Dimon testified truthfully under oath," according to a letter seen by Bloomberg. "He never met Jeffrey Epstein, never emailed him, and was not involved in any decision to have him as a client."
Earlier this month, US Senator Elizabeth Warren wrote to Dimon, asking for clarification about the bank's relationship with Epstein and how much the CEO knew. The letter referenced published messages between Peter Mandelson and Epstein in which they discussed the possibility of Dimon calling then-UK Chancellor Alistair Darling.
"Mr. Dimon's phone conversations with government officials, including Alistair Darling during his time as Chancellor of the Exchequer, were routine for the CEO of a global financial institution," JPMorgan said in the letter. "Those calls concerned economic and policy matters relevant to global banking. The record does not support any suggestion that those calls were improper or related to Epstein."
Dimon has long denied ever meeting Epstein. As part of a deposition, the CEO said he never met with the late sex offender or even knew who he was until news reports about Epstein's 2019 arrest on federal sex-trafficking charges.
The extent of the financial industry's ties has been a key topic of scrutiny as lawmakers dig further into Epstein and his connections. Goldman Sachs Group Inc.'s former general counsel, Kathryn Ruemmler, told lawmakers on the House Oversight Committee that she regrets communicating with Epstein and that many of her emails with the disgraced financier were "taken out of context or do not mean what some have speculated or suggested."
Jes Staley, a former Barclays Plc CEO who had worked at JPMorgan years earlier, addressed the committee Thursday. According to Politico, he told lawmakers that he spoke about Epstein and the risk of criminal exposure to Dimon when he worked at the bank.
In 2023, Staley was fined and banned from the UK finance industry after the Financial Conduct Authority said he "recklessly misled" regulators and Barclays about his relationship with Epstein.




