Bank of America wants to move away from the Epstein story.
A third major bank has agreed to settle a lawsuit from Jeffrey Epstein victims, as the fallout from the disclosures of his financial dealings seems far from dying down.
After JPMorgan and Deutsche Bank, now it’s the Bank of America’s turn.
The financial institution agreed to pay $72.5 million to settle a civil lawsuit by women who accused the bank of facilitating their sexual abuse by Jeffrey Epstein, court documents show.
Bank of America agreed to pay $72.5 million to settle a lawsuit on behalf of Jeffrey Epstein victims https://t.co/iCLFPHPQbP
— Bloomberg (@business) March 28, 2026
Reuters reported:
“Lawyers for the bank and the women had told Manhattan-based U.S. District Judge Jed Rakoff this month they had reached a ‘settlement in principle’, but terms of the deal were not disclosed at the time.
‘While we stand by our prior statements made in the filings in this case, including that Bank of America did not facilitate sex trafficking crimes, this resolution allows us to put this matter behind us and provides further closure for the plaintiffs’, a spokesperson for Bank of America said in a statement.”
Bank of America has reached a $72.5 million settlement in a lawsuit that alleges the financial giant helped facilitate the sex trafficking operation of convicted sex offender Jeffrey Epstein, according to court documents. https://t.co/BHzHhOer2J
— CBS News Texas (@CBSNewsTexas) March 28, 2026
The value to be paid by the Bank of America is in line with JPMorgan and Deutsche, which paid 75 million each.
“In a joint court filing, David Boies and Bradley Edwards, attorneys for the plaintiffs, said the settlement represented the best option for their clients ‘given that many Class Members suffered harm many years ago and are in need of financial relief now’.”
The settlement still requires Judge Rakoff’s approval.
The class action accused the bank of ‘ignoring suspicious financial transactions’ related to Epstein despite a ‘plethora’ of information about his crimes ‘because it valued profit over protecting victims’.
In the meantime, in possibly unrelated news, French police stopped a terrorist attack outside a Bank of America building.
Police thwart suspected bomb attack outside a Bank of America building in Paris https://t.co/OLaprylLUb
— Sky News (@SkyNews) March 28, 2026
Bomb terror plot on Bank of America in Paris foiled by police as suspect arrested after early hours attackhttps://t.co/4KvfT13AvN
— GB News (@GBNEWS) March 28, 2026
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