Even worse nevertheless, many of Dimon’s prime lieutenants experienced fears and ended up hotly debating the problem, but never escalated the matter for their manager. Stephen Cutler, JPMorgan’s normal counsel at enough time, emailed colleagues in 2011 to mention Epstein was “not an honorable particular person in any way” and should not be a client, court files display. Jes Staley, who oversaw asset management and after that JPMorgan’s investment decision bank until eventually he left the corporation in 2013, and Mary Erdoes, who operates asset and prosperity administration, took another perspective, and theirs prevailed.

Big apple, June fifteen (Reuters Breakingviews) - Some younger motorists knowledge a run-in with law enforcement around one thing so simple as an unlawful remaining switch and it’s enough to inspire extra conscientious driving for many years.

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Dimon has resisted the carve-up of his have occupation. About 38% of JPMorgan shareholders voted to set up an independent chairman this 12 months. Probably the Epstein-induced reputational threat, when regarded as during the context of all the things else, will bring about greater aid for The concept.

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