Deutsche Bank to pay $75 mn in Epstein victim settlement: report / Photo: Daniel ROLAND - AFP/File
-
ALEX BODI and SCANDIC PAY: Mastercard and VISA Cards – A New Generation of Payments
-
ALEX BODI și SCANDIC PAY: Cardurile Mastercard și VISA – o nouă generație de plăți
-
Maswanganyi Clarifies Pirates Allegiance Amidst Career Transition
-
Search Underway for 'Dooars Rani' Tigress After Second Escape from Buxa Tiger Reserve
-
Teatro Mayor Unveils 152-Performance 2027 Season Highlighting Beethoven and García Márquez
-
The Dilemma of Recording Live Music: Preserving Memories vs. Being Present
-
Rutgers Defeats NJIT 101-64 Behind Francis and Mark Scores
-
Valion Bio Reinforces Commitment to American Troops; Discusses Entolimod with Attendees at RW Baird's National Security Conference
-
TAMKO and Kansas City Chiefs Announce 2026 Operation Rooftop Recipient
-
Green Leaf Innovations (OTC: GRLF) Meets OTCID Disclosure Requirements Following Profitable Q2 2026 Results
-
PPX Mining Reports Callanquitas Operating Results for the First Nine Months of 2026
-
Ethur Takes On Hiring Fraud With Facial Biometrics Identity Checks and Connected Payroll and Bank Data
-
NuRAN Wireless Board Approves Growth Strategy to Scale Recurring Revenue from 5,000+ Contracted Towers
-
Route1 Announces 2026 Annual Meeting Results
-
Healixa's FrostPulse(TM) Technology Solves a Major Roadblock to Data Center Growth: Cooling Without the Water Burden
-
Protagenic Therapeutics Announces Private Placement of Up to $5 Million to Advance PT00114 into Its First U.S. Clinical Trial in Generalized Anxiety Disorder
-
Patriot Software Adds Performance Reviews to Patriot HR
-
5E Advanced Materials to Host Fiscal First Quarter 2027 Earnings Conference Call on November 17, 2026
-
Marketing Worldwide Corporation (OTC:MWWC) Announces 1-for-350 Reverse Stock Split Effective November 11, 2026
-
LiveOne (Nasdaq: LVO) to Report Second Quarter Fiscal 2027 Financial Results on November 12, 2026
-
XCF Global Hosts USDA at New Rise Renewables Reno as Facility Surpasses 4.4 Million Gallons Since Restart
-
Amarc Extends 2026 Exploration Program at the Duke District: Initiates Drilling Program at Established Porphyry Copper-Gold Targets
-
AmeriLife Welcomes Finance Veteran Richard Dziadzio as Chief Financial Officer; Names Jim Quinn President & Chief Transformation Officer
-
Trifecta Gold Reports 2026 Exploration Results from the Liam and Lois Projects, Tombstone Gold Belt, Yukon
-
Irving Resources Reports on Drilling in Yamagano Mining Right at the Yamagano Joint Venture, Kyushu, Japan
-
NiobiumX Mining Reports Results of Ground Radiometric Survey at Shipshaw, Maps Two Distinct Radiometric Signatures Across the Core Claims, and Moves to a High-Resolution Airborne Survey of the Full 2,686-Hectare Package
-
BlackBerry to Participate in Upcoming Investor Conferences
-
Christmas Day Shifts More than Double as Americans Return to In-Person Holiday Celebrations
-
THIEAUDIO Introduces Clairvoyance MKII: The Evolution of a Signature Sound
-
Fulcrum Metals PLC Announces Publication of Updated Investor Presentation
-
Guardian Metal Resources PLC Announces Proposed Spin-Out of Non-Tungsten Projects
-
InterContinental Hotels Group PLC Announces Transaction in Own Shares - November 11
-
Fulcrum Metals PLC Announces New Critical Mineral Recoveries Expand Potential
-
6 Pieces of Furniture Worth Investing In
-
Aptevo Therapeutics Announces Exercise of Existing Warrants for $3.0 Million Gross Proceeds
-
Fast Moving Consumer Goods Launches Exclusive FMCG Mastermind for Founders and CEOS of Emerging Consumer Brands
-
BioAdaptives Acquisition Target Xycota Biosciences Launches Free PTSD Tactical & Support Hub for Veterans and First Responders Alongside At-Home Psilocybin Research
-
Lion Copper Corp. Completes S-K 1300 Technical Report Summary for Bear Copper Deposit
-
American Rebel Holdings, Inc. (OTCID: AREB) Honors Veterans Across America
-
LogoTags, America's Leading Name in Custom Challenge Coins, Showcased at Kentucky Officers Leadership Symposium
-
SMX Advances AI Technology to Bring Greater Precision to Industrial Material Development
-
TripGift Unlocks Millions of Travel and Live Event Experiences for Corporate Rewards and Incentives in 117 Currencies
-
Leiər Introduces Passport, a New Fragrance Collection Debuting With Alba Eau De Parfum
-
WhalesBot Emphasizes Child Safety and Responsible AI Design in the Development of Pubbo
-
SMX Bridges AI and Industrial Material Science With New Intelligence Platform
-
Moderna Announces JAMA Network Open Publication of Real-World Comparative Effectiveness Data for mNEXSPIKE (COVID-19 Vaccine, mRNA) in Adults Aged 65 Years and Older
-
Sequoia Backs Microsoft Veterans' Edelbyte with $70M to Challenge Data Infrastructure Giants
-
Price Benowitz Earns 2027 Best Law Firm Recognition; 18 Attorneys Recognized by Best Lawyers
-
DaBella Honors More Than 200 Veteran Employees Nationwide This Veterans Day
-
ShelfieTech Announces Expansion Agreement for Its Next-Generation AI Retail Intelligence Platform
Deutsche Bank to pay $75 mn in Epstein victim settlement: report
Deutsche Bank will pay $75 million to settle litigation alleging the German lender financially benefited from supporting Jeffrey Epstein's sex trafficking scheme, according to a report Wednesday.
The settlement concerns an unnamed defendant who launched a proposed class-action suit in November 2022, alleging Deutsche Bank did business with Epstein while knowing he used funds in the account to support sex-trafficking activity, the Wall Street Journal said Wednesday.
The Journal, citing people familiar with the matter, said Deutsche Bank did not admit wrongdoing.
A Deutsche Bank spokesperson declined comment.
Deutsche Bank benefited financially by supporting Epstein's "sex trafficking organization to successfully rape, sexually assault and coercively sex traffic Plaintiff Jane Doe 1 and the numerous other members of the Class," said the original complaint, which was filed in US court in New York.
Epstein, an American financier who killed himself in 2019 while awaiting trial for sex crimes, began banking with Deutsche Bank in 2013 after JPMorgan Chase closed his accounts, the Journal reported.
An unidentified woman -- apparently the same as in the Deutsche case -- and the US Virgin Islands brought separate suits against JPMorgan late last year, accusing the bank of facilitating Epstein's crimes by ignoring warnings and continuing to keep him as a client until 2013.
According to court documents, subpoenas in those cases have targeted multiple well-known people whom Epstein possibly referred to JPMorgan as clients, including Elon Musk and Google co-founder Larry Page.
The bank has denied the allegations, and has filed its own suit against a former executive for his ties to Epstein.
Deutsche Bank in July 2020 agreed to pay $150 million to settle allegations brought by the New York Department of Financial Services for compliance failures connected to the bank's work for Epstein.
"We acknowledge our error of onboarding Epstein in 2013 and the weaknesses in our processes, and have learnt from our mistakes and shortcomings," Deutsche Bank said in July 2020.
Epstein was convicted in Florida in 2008 of paying young girls for massages, but served just 13 months in jail under a secret plea deal.
Later facing charges of trafficking underage girls for sex, he killed himself in a New York jail in August 2019.
T.Ward--AMWN