It has been reported that Jeffrey Epstein promised to assist the daughter of former Barclays CEO Jes Staley to get admission to a prominent US institution.
Former JPMorgan CEO Jes Staley’s daughter was hoping to enroll in a doctoral program at Columbia University, and Jeffrey Epstein volunteered to assist her.
Reports show that in 2011, during the Davos World Economic Forum, Epstein volunteered to put Columbia University’s president in touch with Staley. Staley allegedly asked Epstein to contact numerous university administrators on his daughter’s behalf so that she may apply to graduate school.
JP Morgan, where Mr. Staley was previously a senior executive responsible for Epstein and other affluent customers, conducted a 22-page internal assessment in which the claims are made. Mr. Staley resigned from the US bank in 2013 and became CEO of Barclays in 2015.
Epstein was accused of regularly providing Staley with personal and professional guidance and arranging for the two to meet with high-ranking government officials from other countries.
According to the report, Epstein later attempted to introduce his colleagues to JP Morgan Chase and Staley so that they might collaborate on acquisitions and worldwide expansions.
JP Morgan settled a lawsuit last week for 290 million dollars, resolving allegations that the bank had profited from its former customer Jeffrey Epstein’s sex trafficking.
An unidentified Epstein victim filed a proposed class action lawsuit against the US bank late last year, and the bank has now announced that it has struck a deal in principle to resolve the case.
Reports show that the United States Virgin Islands have also filed a case against JP Morgan, alleging that the billionaire invited some of his victims to his private hideaway.
The American financial institution is also continuing its lawsuit against Mr. Staley. It claims that because Staley supervised the bank’s contact with Epstein while he was employed there, he is accountable for any losses the institution sustains as a result of its links to Epstein.
Even after his conviction for child sex in 2008, Epstein remained a customer of JP Morgan for 15 years.
