Finance

Staley Says Erdoes Had Authority to Drop Epstein From JPMorgan

Mary Erdoes

Photographer: Hollie Adams/Bloomberg
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Mary Erdoes could have dropped Jeffrey Epstein as a JPMorgan Chase & Co. customer if she’d wanted, Jes Staley said as he defended his involvement in the late pedophile financier’s business with the Wall Street bank.

Giving evidence in a London court, Staley said Erdoes, head of JPMorgan’s asset and wealth management business, had “full authority to remove Epstein as a client.”