In recent months, a growing chorus of legislators has publicly demanded that major banks — including JPMorgan Chase, Deutsche Bank, Bank of America, and Bank of New York Mellon — be held accountable for allegedly facilitating Epstein’s sex-trafficking operation through negligent or deliberately under-reported financial activity. A high-profile memorandum released by Ron Wyden (D-Ore.), the top Democrat on the Senate Finance Committee, lays out evidence that JPMorgan severely under-reported “suspicious activity” on Epstein’s accounts for years — then suddenly flagged over a billion dollars in transfers only after his 2019 arrest and death. Many lawmakers argue this discrepancy goes beyond careless bookkeeping and points to systemic compliance failures or even criminal complicity, especially given that senior banking executives remained personally involved in Epstein’s account oversight.

Against this backdrop, Congressional oversight committees have issued subpoenas to banks for financial records tied to Epstein. James Comer, chair of the House Oversight Committee, has demanded full transparency and urged federal prosecutors to open criminal investigations, not only into bank institutions but into individuals who may have knowingly enabled or covered up Epstein’s criminal activity. Some lawmakers say that unless those responsible face real consequences — indictments, prosecutions, or heavy penalties — justice for survivors will remain incomplete. There is also growing pressure for regulators to tighten financial-institution oversight and to re-examine how wealthy, high-risk clients are managed by private banking arms.


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US regulators ‘taking seriously’ allegations of bankers’ support for Epstein | Banking | The Guardian