Author: Hannah Levitt, Ava Benny-Morrison, Bloomberg

[ad_1] JPMorgan Chase & Co. is suing Jes Staley to carry the previous govt accountable for any damages stemming from lawsuits accusing the financial institution of facilitating Jeffrey Epstein’s sex-trafficking. The financial institution on Wednesday filed a third-party grievance in opposition to Staley in Manhattan federal court docket, arguing he must be held liable if allegations about his relationship with Epstein are proven to be true.  JPMorgan additionally introduced separate claims in opposition to Staley for breaching his obligation to the financial institution. Due to his “faithless service,” the financial institution stated it was entitled to get better all compensation paid to…

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