The acknowledgement came in a court filing this week in Trump's $5 billion lawsuit against the bank, alleging that his accounts were closed for political reasons, disrupting his business operations.
Trump claims JPMorgan cut him and his businesses off from millions of dollars, disrupted their operations and forced them to urgently open bank accounts elsewhere.
The Virgin Islands, where Epstein had an estate, sued JPMorgan last year, saying its investigation has revealed that the financial services giant enabled Epstein’s recruiters to pay victims.
The lawsuit filed in Manhattan federal court in November sought to hold JPMorgan financially liable for Epstein’s decades-long abuse of teenage girls and young women.
The news of the latest 500 job cuts comes just a day after JPMorgan informed about 1,000 First Republic Bank employees that they will no longer have jobs.
First Republic has struggled since the March collapses of Silicon Valley Bank and Signature Bank and investors and depositors had grown increasingly worried it might not survive.
