Jes Staley And The Transcripts From His Epstein Related Trip To Congress (Part 13) (9/7/26)

0:00What's up everyone and welcome to another episode of the Epstein Chronicles. In this episode we're picking up Worry left off with Jess Staley and his conversation with Congress. Question sure, but here you're saying, rather, here to employees who are talking about how you want JP Morgan to keep Jeffrey Epstein's accounts in July of 2008. So shortly after he started serving as sentence. And those cash accounts are the things that are allowing him to facilitate this extravoking. Answer yeah, I was saying allowed to keep well because you're making the implication that I knew the continuum. All I was suggesting was that to keep his checking account, I was not aware of the cash payments and what he was doing with that amount of cash. Question so to be clear, your testimony is that you had no awareness of the cash payments in July of 2008. Answer again. I don't know the exact timing when I learned about the cash. Question right, but the timing is relevant because you were advocating for JP Morgan to keep his

1:01cash accounts. Answer to keep his checking account. Question correct, thank you. So you were aware of the significant cash withdrawals in July of 2008. Answer, I'm saying I don't know exactly what the date I became aware of it was. Question so you may have been aware of them. Then and still may have been advocating for JP Morgan to keep his accounts. Answer I may or may not have. Now we have Miss Stan's Berry asking the questions. Hello, Staley. Hello, question. It's been a long day. My questions are a little more narrative and broad and scope than the specificity of interactions trying to really piece together some of the stories and timeline. But my opening question is really I'm curious about your relationship with Epstein's trust. Staley his trust. Stan Berry his trust. Are you affiliated with any trust currently or have you been over the past 10 years? Staley currently know and at the time of Stan's Berry or I'm sorry since 2019 since he died. Staley I believe that there was a time when I was a signator where I signed as

2:07either an executor or a trustee to his trust. Stan's Berry and is that his personal estate trust? Answer I believe it was question okay and so you were one of the three executors of that trust. Staley at one point in time question okay answer but then I declined it. So I declined it and ultimately was not and I'm not an executor or trustee nor have I ever received compensation as such. Questions so that's my next question. Have you ever received compensation from his estate since 2019? Answer no. Question okay going back to questions about JP Morgan and just to reiterate so JP Morgan began its relationship with Mr. Epstein several years before you took over that account correct answer yes question okay and just trying to understand your management of Mr. Epstein's account. I understand that you are an executive as opposed to kind of a day-to-day account manager. So what was the nature of your management of that relationship or what did it until?

3:09Answer I was introduced to JP Morgan by or to Jeffrey Epstein by then CEO of JP Morgan with the idea that Jeffrey had a network of ultra high net worth individuals particularly in New York that might benefit the private bank. So it was around those contacts and we went through a list of wealthy influential people that he introduced us to. Question do you not oversee or manage in any way the transactions of Epstein's personal business accounts answer no. Question did you ever have any knowledge of how those accounts were being financially managed the source of the wealth how the wealth was being moved answer no I always had a question about how his wealth came from the only thing I was aware of was that he had a close relationship with less Wexner. Question and so your management of the relationship with Epstein was more of a kind of glad handling business management client management kind of relationship is that what you would say or how would you describe it answer just knowing or having a relationship with a client of the

4:10private bank who had an incredible network and was willing to share that network with the bank and then as I said earlier he was instrumental in a very important transaction for JP Morgan and for my career in about 2004. Question what transaction was that? Answer which is the acquisition of high bridge capital corporation. Question okay answer so Morgan was a traditional asset management firm back then tradition asset managers like Fidelity and Capital would not mix with alternative asset managers and this was really the first time in the industry that that happened and it changed dramatically the trajectory of Morgan's asset management business. Stan's very okay and in terms of your relationship I mean whether it was personal or not personal whether it was a business you did travel to Mr. Epstein's island on several occasions correct. Staley I went there once with my family I stopped there once for a couple of hours for a lunch and then I translated from I used his island as a transit to St Thomas on a helicopter. Stan's very and was Mr. Epstein present during any of these

5:15visits. Staley so in terms of the visit per se I would say only once. Stan's very okay sorry was Mr. Epstein present during those visits. Staley during the visit with my family yes he was there and when we stopped by for lunch he was there. Question and you visited Mr. Epstein's townhouse a number of times correct answer correct. Question did you ever attend any social functions at his house that might be characterized as parties or dinners or anything like that. Staley lunches or dinners yes parties I wouldn't characterize them as parties. Question did you ever witness any women there in a social capacity during your time at the island or at the townhouse in New York. Staley know some of his guests like a lunch would be women from academia or the media I can give you names. Question and then I just want to get back to the peculiar exchange via email in 2010. Why were you emailing Epstein about women and referring to these women by Disney characters Staley by what? Question by Disney character names like Snow White just why. I mean just to help

6:18us understand why. Staley yeah again I don't recall Snow White it's over a 15 year period of thousands of emails there's one email I don't recall. Question just give us a little insight why would you have been emailing Mr. Epstein about women and calling them these kinds of nicknames. Staley again I may have happened on one or two occasions I don't think I made a practice of doing that. Question I'm sorry say that again Staley I don't think I made a made that a practice. Stansbury well we have the emails that we just presented to you you're not going to answer the question. Staley I think I did answer the question. Stansbury what's your answer? Staley and again I think it happened I don't remember Snow White I don't remember the email and over the span of my relationship with them 2000 emails and whatnot I don't think so that that's my answer. Question thank you that concludes the second round of the minorities question we'll go off the record. Now they come back on and it's mistoll and doing the questioning question just a few follow-up

7:20questions on something we were discussing earlier. Were you not aware that redacted was a victim of Jeffrey Epstein's answer no I was not question did you ever become aware answer no question the committee has reviewed documents that show redacted was emotionally and physically abused by Jeffrey Epstein for many years did she ever mention anything to you that caused you concern about her working for Mr. Epstein answer no she did not question did she ever mention to you that Mr. Epstein would instruct her on how to dress and where she could go or other restrictions answer no she did not question were there any other red flags that she might have mentioned to you or that you might have saw answer no question do you know if Jeffrey Epstein was involved in securing her apartment at least at each 30166 street answer I was aware that the apartment was owned by his or the apartment building was owned by his brother and so there was that connection question but do you know if Mr. Epstein was directly involved in redacted's lease at that building answer I don't know

8:20question do you know if you paid her rent answer I don't know question did he direct her to live there answer I don't know question that's all now it's Ms. Brinjak again doing the questioning question Mr. Staley bear with me if I ask any repetitive questions to make sure the record is clear you mentioned that Mr. Epstein explained he would use cash withdrawals for a flight fuel did you ever alert him that his cash withdrawals were flagged by the bank as suspicious answer I think Paul Morris did question did you answer I don't know if I had a conversation with Jeffrey about cash withdrawals I think that they were a red flag and the bank should notice it so I probably did question did you ever alert Mr. Epstein that it was categorized as high-risk client answer I believe so yes question one would that have been answer after 2006 I think question what was his response answer I don't recall question did he ask you to give any input with the bank in their consideration of his categorization answer no question did you ever advise Mr. Epstein on how to structure

9:24cash withdrawals answer never question did you ever advise Mr. Epstein on how to avoid flags by JP Morgan answer never question did you ever advise Mr. Epstein on how to change his categorization as a high-risk client answer never question is there any appeal process that JP Morgan for a client who's flagged as high risk answer an appeal process question uh-huh answer I imagine someone can go to compliance department or legal department and ask for it to be reviewed but I don't know that there's a formal appeal process question have you ever asked Mr. Cutler to hear out any other client who was at risk of losing their membership at JP Morgan answer not that I recall question why did you do this from Mr. Epstein answer I knew him you know again he made important referrals to the bank and so I asked Steve Cutler to get involved and also Epstein I think hired some very high profile lawyers and I thought they could connect with Steve Cutler and get to the right conclusion question do you think the fact that Mr. Cutler met with Mr. Epstein on this weighed the bank's decision

10:25to retain Mr. Epstein as a client answer I think Steve Cutler would have the authority to change the bank's position if he felt that was necessary question did you ever hear about the conversation between Epstein and Cutler answer not that I recall question did you ever hear about the meeting answer I believe they met yes question with Mr. Epstein always with private bank of JP Morgan answer as opposed to question any other division at JP Morgan answer yes it was always the private bank question have you ever interacted with Mr. Indyke Richard Indyke answer I think I met him but I wouldn't say interacted with him question I apologize have you ever interacted with Darren Indyke answer oh I wouldn't say interacted with him I crossed him and Mr. Epstein's office once or twice but didn't interact with him question have you ever interacted with Richard answer no question did you ever work with Darren Indyke on a transaction for Mr. Epstein answer no question were you ever trained on suspicious activity report requirements answer you know

11:26I had to pass things like series seven exams and other exams and whatnot but I don't know if I had a specific course question did you ever discuss requirements with Mr. Epstein answer no question do you still do bank with JP Morgan answer no question why did you change banks answer I was asked to withdraw my accounts question by who answer by JP Morgan question by who a JP Morgan answer I don't recall question why they ask you to withdraw your accounts answer I think because of the issues around Epstein question does JP Morgan blame you for the reputational damage caused by Mr. Epstein answer I believe they have yes question do you agree with them on that answer no question what do you think JP Morgan could have done differently answer I think as I said everything from rapid a response teams to compliance to legal to credit to have this enormous infrastructure in the bank the banking team itself they were responsible for his accounts knowing what's going on in accounts monitoring his accounts I was a senior executive for most of the time running the investment bank

12:28and yet the bank places responsibility on my shoulders as opposed to what clearly was a responsibility of the bank question did you ever tell anyone at the bank that they should react differently answer again I was running the investment bank but clearly encouraged the bank to do its investigation to manage the account properly to file the proper reports with authorities and to do the right thing question who did you make those requests to answer I think it would have been in the conversations with people like Steve color like Langford like Mary and others all right folks we're going to wrap up right here and in the next episode dealing with the topic we're going to pick up with question why then ask Eve color to hear mr. Epstein out if you think they should have acted differently in retaining them as a client all the information that goes with this episode can be found in the description box