1344 ET -- JPMorgan Chase & Co. is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. The bank has agreed to pay the U.S. Virgin Islands $75 million to settle a lawsuit alleging it aided Jeffrey Epstein's sex trafficking, ending a legal battle that had exposed the disgraced financier's close ties to the bank and the island territory. The settlement, in which the bank didn't admit wrongdoing, comes one month before a trial was set to begin in New York. JPMorgan has now agreed to $365 million in total settlements for keeping Epstein as a client until 2013. Dow Jones & Co. owns Factiva. (jennifer.tershak@wsj.com)

 

(END) Dow Jones Newswires

September 26, 2023 14:02 ET (18:02 GMT)

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