The News

James E. Staley, the previous high JPMorgan Chase government who was closest to the disgraced financier Jeffrey Epstein on the financial institution, relied on him for a few years as virtually one thing of a private adviser, a doc exhibits.

The two males mentioned all kinds of subjects in emails, together with a possible assembly between Chinese officers and executives of the nation’s largest financial institution, enterprise offers that Mr. Staley was engaged on, a possible promotion for Mr. Staley and the fallout from the 2008 monetary disaster, in response to a doc the financial institution ready shortly after Mr. Epstein’s arrest in 2019 on federal sex-trafficking expenses.

The doc, reviewed by The New York Times and included as a sealed exhibit in a courtroom submitting, additionally revealed the private nature of Mr. Staley’s relationship with Mr. Epstein. Quite a lot of instances, Mr. Staley informed Mr. Epstein he missed him, talked about mutual buddies and about serving to his daughter get into graduate faculty.

In one e-mail, Mr. Staley bragged to Mr. Epstein about his New Year’s Eve 2011 plans: “I’m here in Brazil with three beautiful women. Have a happy new year.”

In one other e-mail alternate, in response to the doc, Mr. Staley wrote to Mr. Epstein in 2010: “Maybe they’re tracking u?? That was fun. Say hi to Snow White.” Mr. Epstein replied, “What character would you like next.” In 2009, Mr. Epstein despatched Mr. Staley an e-mail with a photograph attachment “of a young woman wearing a revealing outfit in a modeling pose,” the doc stated.

Mr. Staley, higher often known as Jes, is a central determine in two civil lawsuits filed final yr towards JPMorgan over the financial institution’s practically 15-year business relationship with Mr. Epstein. The lawsuits contend JPMorgan appeared the opposite means at accusations that Mr. Epstein’s was trafficking teen women and younger males, and continued to even when he needed to register as a intercourse offender after pleading responsible in 2008 to a cost of soliciting prostitution from a teenage woman.

Mr. Staley has repeatedly denied in courtroom papers doing something unsuitable or being conscious that Mr. Epstein had sexually abused younger girls and teenage women whereas the financial institution had him as a shopper. Mr. Staley’s attorneys didn’t reply to requests for remark. JPMorgan, which additionally stated it was unaware of Mr. Epstein’s actions, this year sued Mr. Staley searching for to make sure that, if it was decided that he did have interaction in improper exercise, he could possibly be held accountable for damages the financial institution may find yourself paying.

The 22-page doc additionally summarizes different emails involving communications between Mr. Epstein and different staff of JPMorgan.

In some emails, Mr. Epstein talked about all of the wealthy and well-known individuals he was assembly or speaking to, including Prince Andrew. He talked about having connections to British politicians and Middle Eastern leaders. He additionally mentioned an artwork transaction he stated he helped Leon Black, the billionaire Wall Street investor, full. Mr. Black was one other shut affiliate of Mr. Epstein’s for a few years and paid him $158 million for tax and monetary recommendation.