JPMorgan Chase reaches settlement with victims of Jeffrey Epstein’s abuse

Proposed deal follows weeks of embarrassing leaks about the extensive relationship the bank had with the disgraced financier

JPMorgan Chase has announced a tentative settlement in a legal claim brought by a woman who said that the US banking giant profited from sexual abuse that she and others suffered at the hands of disgraced financier Jeffrey Epstein.

“The parties believe this settlement is in the best interests of all parties, especially the survivors who were the victims of Epstein’s terrible abuse,” JPMorgan said in a statement.