JPMorgan settles Epstein lawsuit with US Virgin Islands for $75 million


FILE PHOTO: JPMorgan Chase Bank is seen in New York City, U.S., March 21, 2023. REUTERS/Caitlin Ochs//File Photo

NEW YORK (Reuters) -JPMorgan Chase reached settlements with the U.S. Virgin Islands (USVI) and former executive Jes Staley to resolve lawsuits over sex trafficking by the disgraced financier Jeffrey Epstein, largely resolving a scandal that has weighed on the largest U.S. bank for months.

The settlements conclude the final pieces of major litigation in a saga involving women who said Epstein sexually abused them, and which embroiled some of the world's most powerful figures in finance and business.

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