Lawsuit claims that officials at the bank ignored warning signs about Epstein’s abuse because he was a wealthy client

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

The value of the settlement is placed at $290m, reported Bloomberg, citing people familiar with the terms.

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Source: The Guardian