Finance
Staley Says Erdoes Had Authority to Drop Epstein From JPMorgan
Mary Erdoes
Photographer: Hollie Adams/BloombergThis article is for subscribers only.
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.”