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By Nupur Anand
NEW YORK, Aug 26 (Reuters) - Former JPMorgan Chase executive Jes Staley told U.S. lawmakers he repeatedly shared confidential and market-sensitive bank information with Jeffrey Epstein and was at one point ‌named as a trustee of his estate, according to a transcript released by the U.S. Congress House ‌Oversight Committee.
These admissions come as lawmakers probe the late convicted **** offender's ties with political and business elites. Staley appeared before the House Committee on Oversight and Government Reform in July as part of its investigation into Epstein and his **** ociate Ghislaine Maxwell. Transcripts from the meeting were released on Wednesday.
In the closed-door, voluntary interview conducted on July 24, Staley said he divulged to Epstein the bank's communications with the Federal Reserve during the 2008 financial crisis, a figure of $44 billion in private ‌bank inflows over two weeks, his own ⁠compensation, and details of pending deals.
Staley also admitted to sharing other confidential information about JPMorgan with Epstein, according to the transcript.

#staley #epstein #oversight
2 months ago

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