Overview
- Recent Department of Justice documents show Peter Mandelson told Jeffrey Epstein that Jamie Dimon should "mildly threaten" the UK Treasury over a post‑crisis banker bonus tax.
- Senator Elizabeth Warren has formally written to Jamie Dimon requesting explanations and documents about any interactions with Epstein and JPMorgan's handling of the relationship.
- JPMorgan says it ended its relationship with Epstein's advisory firm Global Counsel in 2013 and that Dimon was not involved in decisions about the account.
- Dimon previously testified under oath in 2023 that he never met Epstein and denied any role in retaining him as a client, a claim now questioned by the newly revealed messages.
- The disputed issue centers on the UK banker bonus levy that taxed bonuses above £25,000 at an extra 50 percent after the 2008 crisis and raised over £2 billion, a policy that prompted heated exchanges between bankers and UK ministers at the time.