Mr. Dimon’s deposition was taken Friday, but a redacted transcript was released on Wednesday and reviewed by The New York Times. It shows he repeatedly denied meeting or communicating with Mr. Epstein. He also said he had no recollection of being briefed by any of his top lieutenants on any issues with Mr. Epstein, including his 2008 conviction in Florida on a charge of soliciting prostitution from a teenage girl — an offense that forced him to register as a sex offender.
Widely regarded as one of the most powerful executives on Wall Street, Mr. Dimon said he had barely heard of Mr. Epstein before his July 2019 arrest on federal sex trafficking charges, even though Mr. Epstein — who was worth some $600 million when he died — was often tabloid fodder because of his friendship with Prince Andrew and the wealthy men who associated with him, including Bill Gates, the investor Leon Black and the tech billionaire Peter Thiel. .
“I don’t recall knowing anything about Jeffrey Epstein until the stories broke sometime in 2019, and I was surprised that I didn’t even — had never even heard of the guy, pretty much. And how involved he was with so many people,” Mr. Dimon said during the all-day deposition taken at JPMorgan’s headquarters in Manhattan.
The bank stopped doing business with Mr. Epstein in 2013.
Ms. Erdoes, in a deposition taken in March that was also reviewed by The Times, said the decision to dismiss Mr. Epstein as a customer was made following an annual review of his accounts because he had been deemed a “high risk client” by the bank. The review took place several months after James E. Staley, who had been a top private banker at JPMorgan, left the bank in January 2013.
Ms. Erdoes said the decision to stop doing business with Mr. Epstein was made easier with Mr. Staley gone from the bank.