Epstein records requested from Jamie Dimon, bank CEOs

A top House Democrat has asked four major bank CEOs to share a set of financial records related to Jeffrey Epstein, launching an investigation into the notorious sex predator after the lawmaker’s effort to subpoena the banks for documents was blocked by Republicans.

House Judiciary Committee In letters to CEOs obtained by CNBC, senior member D-Md. Jamie Raskin asked how Epstein and his collaborators could conduct a report. $1.5 billion in suspicious transactions “for years without ever being caught.”

The letters were sent on Wednesday. JPMorgan Chase CEO Jamie Dimon Bank of America conductor Brian Moynihan German Bank leader Christian Sewing and Bank of New York Mellon CEO Robin Vince.

Download Raskin’s letters at: dimon, Moynihan, Stitch And vince.

The letters come as the Trump administration continues to face pressure from Democrats and some Republican supporters of President Donald Trump over its handling of Epstein-related matters.

The wealthy financier and sex offender who was once a friend of Trump died by suicide in prison in 2019 while facing federal child sex trafficking charges.

In his letters, Raskin asked each CEO whether their banks would “help uncover the truth” about Epstein and his accomplices or “choose to be part of the cover-up of this massive, international sex trafficking ring that victimized more than 1,000 women and girls.”

Deutsche Bank said in a statement to CNBC that it “takes its legal obligations seriously, including responding appropriately to authorized investigations and proceedings.” The statement did not explicitly commit to complying with Raskin’s demands.

“The Bank regrets our historic connection to Jeffrey Epstein,” Deutsche Bank said. “We cooperated with regulatory and law enforcement authorities regarding their investigations and were transparent in resolving deficiencies and, in parallel, invested in strengthening our control environment.”

JPMorgan declined to comment on Raskin’s request.

In his letter to Dimon, the congressman emphasized that the CEO had recently said, referring to Epstein, that he and JPMorgan “regret any association with this man.”

Raskin also noted that Dimon has committed to providing information to the Judiciary Committee.

However, Dimon stated that he would comply with the subpoena and said, “If it is a legal requirement, we will comply. We have no problem with it.”

JPMorgan and Deutsche Bank paid significant sums to settle lawsuits accusing them of facilitating and financially benefiting from clients Epstein’s sex trafficking.

In 2023, JPMorgan agreed to pay $290 million to settle a class-action lawsuit on behalf of Epstein’s victims and reached a $75 million settlement in a separate lawsuit filed by the U.S. Virgin Islands.

That same year, Deutsche Bank agreed to pay $75 million to Epstein victims to settle a lawsuit.

Bank of America and BNY Mellon did not respond to CNBC’s requests for comment on Raskin’s letters to their CEOs.

Raskin wrote that he sent the letters after Republicans, who hold the majority on the Judiciary panel, voted against Democratic members. attempt to subpoena To four bank CEOs last month.

The subpoena effort failed on a nearly party-line vote. Rep. Thomas Massie of Kentucky was the only Republican to vote in favor of the subpoenas.

The subpoena request came at the end of a hearing with FBI Director Kash Patel, whom Democrats have criticized for the Trump administration’s handling of the so-called Epstein files.

In his letters, Raskin argued that Patel’s testimony showed that the FBI “failed to follow the money” regarding suspicious transactions related to Epstein that banks reported to the Treasury Department.

Raskin’s letters focused on records known as suspicious activity reports (SARs), which banks are required to file when they notice certain unusual financial activity that may be linked to illegal behavior.

The lawmaker accused each of the four banks of ignoring or failing to adequately report red flags about Epstein’s financial transfers.

Raskin told Sewing, for example, that Deutsche Bank “witnessed but failed to report a number of red flags regarding Mr. Epstein, including his lawyers sending millions of dollars to women with Eastern European surnames.”

Raskin wrote to Dimon that JPMorgan “did not file a single SAR” until after Epstein’s death, “despite the public nature of its activities.”

The lawmaker told Moynihan that Bank of America appeared to have filed only two “significantly delayed” SAR filings “for approximately $170 million in transactions between Mr. Epstein and billionaire investor Leon Black.”

BNY Mellon reportedly filed SARs for $378 million in Epstein-related payments only “years after Mr. Epstein’s death,” Raskin wrote to Vince.

Raskin’s letters include Senate Finance Committee ranking member Ron Wyden, D-Ore., who said bank records kept by the Treasury Department show the total of Epstein-related transactions. The findings of an investigation conducted by were included. at least 1.5 billion dollars.

Chairman of the House Oversight Committee James ComerR-Ky., who is conducting his own investigation into Epstein’s money trail, said in mid-September that the Treasury Department promised to share the documents with his panel.

Raskin wants banks to provide all information regarding any transactions involving Epstein, his convicted accomplice Ghislaine Maxwell, or any of their identified victims for “further review, investigation or discussion.”

It also requested all internal communications and conversations with federal authorities about Epstein, as well as risk assessments and due diligence reports that banks may have created.

The requests cover records from 1998 to the present. Raskin asked them to deliver the materials to his committee by 5 pm on October 22.

In his letters, Raskin appealed to the reputation of banks.

“If you truly regret JPMorgan’s disgraceful relationship with Mr. Epstein, we trust that you will work with us to immediately produce these records and ensure that neither your bank nor any other American bank ever again facilitates or finances a criminal sex trafficking ring like Mr. Epstein’s,” he wrote to Dimon.

— CNBC’s Son of Hugh contributed to this report.