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Mon, 16 Mar 2026

Mon, 16 Mar 2026 Bank of America settles over Epstein claims

The lawsuit had accused the bank of facilitating Epstein's sex trafficking.

* Bank of America has agreed to settle a lawsuit with victims of Jeffrey Epstein
* Terms of the deal were not disclosed, but it will go to court for approval
* This is the third settlement by a major bank, after JP Morgan Chase and Deutsche Bank agreed to pay $290m and $75m respectively
* Lawyer Sigrid McCawley said the resolution was "one more step on the road to much deserved justice"
* The proposed class-action lawsuit alleged that Bank of America had "a plethora of information" about Epstein's sex trafficking operation, but chose profit over protecting victims
* The bank had previously urged the court to dismiss the lawsuit, calling it "threadbare and meritless"