The Globe and Mail reports in its Wednesday, Sept. 27, edition that JPMorgan Chase agreed to pay $75-million (U.S.) to settle claims by the U.S. Virgin Islands that the bank aided in the disgraced financier Jeffrey Epstein's sex trafficking. A Reuters dispatch to The Globe reports that JPMorgan also reached a confidential settlement with Jes Staley, a former private banking chief who was close to Mr. Epstein and who the bank blamed for keeping him as a client. Both settlements were reached four weeks before a scheduled trial. They conclude the final pieces of major litigation over Mr. Epstein's sexual abuse of women. JPM Morgan is also accused of ignoring red flags and internal warnings about Mr. Epstein. Mr. Epstein had been a JPMorgan client from 1998 until 2013, when the New York-based bank fired him. The U.S. Virgin Islands settlement calls for JPMorgan to pay $30-million (U.S.) to support charitable organizations, $25-million (U.S.) to combat human trafficking and $20-million (U.S.) to the territory's lawyers. JPMorgan did not admit wrongdoing. JPMorgan agreed in June to pay $290-million (U.S.) to resolve separate claims by dozens of Mr. Epstein's accusers.