JP Morgan Chase has reached an agreement in principle with the United States Virgin Islands (USVI) government to resolve pending litigation related to Jeffrey Epstein.
The settlement terms provide for a payment by JP Morgan Chase of $55 million - the majority of which will go to local charities and assisting victims - plus an additional $20 million in attorneys' fees.
$30 million will be contributed by JP Morgan Chase to support USVI charitable organisations whose...
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