THE LATEST | CANADAFinancial Times: As it looked to poach elite private bankers from US rivals, it alighted on JPMorgan’s Paul Morris, whose contact book was stacked with super-rich clients — including Epstein.
That October Morris told Epstein he was jumping ship. Within weeks of joining Deutsche he was arranging meetings with Epstein and by spring 2013 conversations were in full flow about the paedophile moving his business to the German lender.
A high-risk client with a criminal conviction would typically require vetting by a reputational risk committee. But in May 2013, Chip Packard, then co-head of Deutsche’s US wealth management business, told colleagues one of the bank’s top lawyers and a senior member of its US anti-money laundering team had suggested this was unnecessary…