JPMorgan settles Epstein lawsuits and pays $75 million in sex-trafficking suit

JPMorgan has reached a settlement in the lawsuits filed by the US Virgin Islands and Jes Staley, the CEO of Barclays, related to their dealings with convicted sex offender Jeffrey Epstein. The terms of the settlement were not disclosed. The lawsuits accused JPMorgan of facilitating Epstein's financial transactions and failing to properly monitor his accounts. This settlement comes after JPMorgan agreed to pay $920 million in fines to resolve investigations into its role in manipulating precious metals and Treasury markets.