Overview

• Internal records show the bank processed more than $1 billion across at least 4,700 Epstein-linked transactions, including payments later tied to victims.
• Compliance officers flagged frequent large cash withdrawals and transfers matching trafficking indicators from 2006 onward, yet leaders overruled at least four exit recommendations.
• General counsel Stephen Cutler concluded in 2011 that Epstein should not be a client, while private-banking chief Jes Staley defended the relationship and maintained close personal ties.
• JPMorgan closed Epstein’s accounts in 2013 under regulatory pressure, after which he moved about $176 million to Deutsche Bank; the bank later launched an internal review in 2019.
• The bank calls the relationship a mistake and denies facilitating crimes; prior legal fallout includes 2023 settlements of roughly $290 million to victims and $75 million to the U.S. Virgin Islands, with fresh calls now for broader records disclosure.