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Bank of America settles over Epstein claims

Bank of America agreed to settle claims it ignored red flags in Epstein-related transactions; similar banks JPMorgan Chase and Deutsche Bank paid $290 million and $75 million respectively.

  • Bank of America settled a class action lawsuit accusing the bank of ignoring suspicious financial transactions related to Jeffrey Epstein despite knowledge of his crimes.
  • The proposed class action alleged that Bank of America valued profit over protecting victims from Epstein's sex trafficking operation.
  • The settlement with Bank of America is seen as a step towards justice for Epstein's accusers, following settlements with JPMorgan Chase and Deutsche Bank.
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Reuters broke the news in United Kingdom on Monday, March 16, 2026.
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