Victims said the bank 'knowingly' facilitated Jeffrey Epstein's sex trafficking crimes and benefitted from the relationship with the financier.
US bank JPMorgan has agreed to pay $290m to victims of convicted sex trafficker Jeffrey Epstein to settle claims the bank knowingly financially benefitted from Mr Epstein's crimes.
The suit alleged JPMorgan benefited from the deals and clients Mr Epstein, as a successful financier, brought to the bank and"knowingly facilitated, sustained and concealed" cash withdrawals used to pay his victims.
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