Jeffrey Epstein crimes: Full list of defendants Deutsche Bank is suing
Jeffrey Epstein’s banking relationships placed two of the country’s largest institutions under sustained legal pressure. JPMorgan Chase served as his primary bank from 2000 to 2013. Deutsche Bank took over that role from 2013 to 2018. Both institutions later faced lawsuits from victims and the U.S. Virgin Islands that accused them of ignoring repeated red flags while Epstein moved money tied to sex trafficking.
JPMorgan & Deutsche Bank
Judge Jed Rakoff of the U.S. District Court for the Southern District of New York oversaw the early stages of the litigation. He allowed class-action claims to move forward while trimming some counts. The core allegation remained that the banks profited from accounts they knew carried clear signs of criminal activity. JPMorgan settled the victim class action for $290 million in 2023 and reached a separate $75 million agreement with the U.S. Virgin Islands the same year. Deutsche Bank settled its victim class action for $75 million, with final court approval also granted in 2023. Neither bank admitted wrongdoing in the resolutions.
Subsequent Bank Settlements
The pattern did not stop with the first two institutions. In 2026 Bank of America reached a $72.5 million preliminary settlement in another class action overseen by Judge Rakoff. The claims mirrored earlier cases: the bank allegedly facilitated Epstein’s financial activity long after internal compliance alerts surfaced. The resolution brought the total paid by major banks above $500 million when combined with the earlier JPMorgan and Deutsche Bank figures. The cases together illustrate how Epstein maintained access to conventional financial services across multiple institutions even after his 2008 Florida conviction.
Epstein Estate and Advisor Resolutions
Claims also extended beyond the banks. In February 2026 the Epstein estate agreed to pay up to $35 million to settle a class action against co-executors Darren Indyke and Richard Kahn. The suit alleged the advisors helped sustain the trafficking operation through estate management and financial decisions. The same firm that represented many victims in the bank litigation, Boies Schiller Flexner, participated in the estate negotiations. The settlement closed one more channel through which Epstein’s network had operated after his death.
Ongoing Investigations and Record Preservation
Congressional and state authorities continue to examine Epstein-related records. In 2025 the House issued subpoenas to JPMorgan and Deutsche Bank for additional documents. New Mexico prosecutors investigating the Zorro Ranch property secured a $4.95 million pledge from Deutsche Bank for anti-trafficking programs. Further record requests directed at JPMorgan and other entities surfaced in 2026 as part of the same inquiry. These efforts focus on tracing how Epstein’s properties and finances were maintained rather than reopening settled civil claims.
Victim Compensation Outcomes
The settlements produced measurable distributions. The JPMorgan agreement with the U.S. Virgin Islands directed $55 million toward local charities and anti-trafficking initiatives. Individual victim payments from the bank settlements reached minimum thresholds around $75,000 for eligible claimants in several rounds. Hundreds of women have now received compensation through a combination of estate funds and bank resolutions that together total several hundred million dollars. The payments addressed documented harm without requiring the institutions to concede legal liability.
The banking cases established that large financial institutions can face accountability when they maintain accounts tied to trafficking operations. Later resolutions involving Bank of America and the Epstein estate extended that accountability to additional parties. Congressional subpoenas and state probes indicate that document review and related inquiries remain active even after the major civil settlements closed.
