A U.S. judge has rejected former JPMorgan Chase & Co executive Jes Staley’s bid to dismiss the bank’s lawsuit against him. The ruling means Staley, who is also a former Barclays Plc chief executive, could be liable for millions of dollars over his ties to Jeffrey Epstein, a JPMorgan client from 1998 to 2013. JPMorgan faces two lawsuits over Epstein, and has denied liability. One is a proposed class action by women, led by a former ballet dancer known as Jane Doe 1, who say Epstein sexually abused them. The other is by the U.S. Virgin Islands, where Epstein allegedly abused women on a private island he owned. Judge Jed Rakoff will provide reasons for his ruling “in due course.”
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