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Share Price: 204.85
Bid: 204.75
Ask: 204.80
Change: -3.20 (-1.54%)
Spread: 0.05 (0.024%)
Open: 208.05
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Low: 202.90
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US urges appeals court to uphold Ghislaine Maxwell's sex trafficking conviction

Fri, 30th Jun 2023 16:10

NEW YORK, June 30 (Reuters) - The U.S. government has urged an appeals court to uphold Ghislaine Maxwell's conviction and 20-year prison sentence for helping the disgraced late financier Jeffrey Epstein sexually abuse teenage girls.

In a Thursday night filing with the 2nd U.S. Circuit Court of Appeals in Manhattan, federal prosecutors said none of Maxwell's legal arguments about the fairness of her trial undermined their case, or justified a dismissal or new trial.

"The government's evidence at trial established that over the course of a decade, Maxwell facilitated and participated in the sexual abuse of multiple young girls," prosecutors said.

Arthur Aidala, a lawyer for Maxwell, had no immediate comment.

Maxwell, 61, is behind bars in Tallahassee, Florida, after a Manhattan jury

convicted her

in December 2021 on five charges for recruiting and grooming four girls for Epstein to abuse between 1994 and 2004.

Her accusers have said she and Epstein at first made them feel welcome in their orbit, before Epstein began demanding sexualized massages. Hundreds of women have said he abused them.

In her appeal, Maxwell, daughter of late British media mogul Robert Maxwell, accused prosecutors of making her a scapegoat because Epstein was dead and "public outrage" demanded that someone else absorb the blame.

Prosecutors rejected her claims that they waited too long to bring charges, and that Epstein's 2007 non-prosecution agreement arising from alleged abuse at his Palm Beach, Florida mansion also immunized her.

They also said the trial judge had discretion to conclude that Maxwell's jury was fair and impartial, though one juror

failed to disclose

during pre-trial questioning that he had been sexually abused as a child.

"This case does not present the extraordinary circumstances that justify overturning a jury's verdict based on an error during voir dire," prosecutors said.

Epstein committed suicide at age 66 in August 2019 in a Manhattan jail cell, while awaiting trial for sex trafficking.

Others who were friendly with him have seen their reputations tarred or ruined, among them Britain's Prince Andrew and former JPMorgan Chase executive and Barclays chief executive Jes Staley.

JPMorgan and Deutsche Bank, which both had Epstein as a client, are paying a combined $365 million to Epstein's accusers over their work for him. The U.S. Virgin Islands, where Epstein had a home, is also suing JPMorgan.

Maxwell is eligible for release in July 2037, with credit for good behavior and the two years she spent in jail before being imprisoned. (Reporting by Jonathan Stempel and Jack Queen in New York; edting Robert Birsel and David Gregorio)

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25 Jul 2023 16:11

JPMorgan ignored Jeffrey Epstein's 'nymphettes,' US Virgin Islands says

NEW YORK, July 25 (Reuters) - The U.S. Virgin Islands unveiled new accusations against JPMorgan Chase over the bank's ties to former client Jeffrey Epstein, including executives discussing how the disgraced late financier surrounded himself with "nymphettes."

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25 Jul 2023 15:19

London court revives $3.5 bln mass forex lawsuit against banks

LONDON, July 25 (Reuters) - A proposed 2.7 billion pound ($3.5 billion) mass lawsuit against major banks including JPMorgan and Citigroup over alleged foreign exchange rigging was revived by a London court on Tuesday.

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25 Jul 2023 11:15

London court revives $3.5 bln mass forex lawsuit against banks

LONDON, July 25 (Reuters) - A proposed 2.7 billion pound ($3.46 billion) mass lawsuit against major banks including JPMorgan and Citigroup over alleged foreign exchange rigging was revived by a London court on Tuesday.

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24 Jul 2023 13:02

UK government to haul in banks over account closures

LONDON, July 24 (Reuters) - Britain's finance ministry will request a meeting with major lenders to discuss concerns that banks have closed some customer accounts over their political views, after a public spat between former Brexit party leader Nigel Farage and NatWest.

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24 Jul 2023 06:53

UK city minister to warn banks over "de-banking" customers

(Alliance News) - City minister Andrew Griffith has summoned bank chiefs for a meeting to discuss how customers can be protected from "being de-banked" after Coutts cut ties with Nigel Farage.

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20 Jul 2023 22:53

Barclays hires Schulte as new head of US IG syndicate

July 20 (Reuters) - Barclays has hired Scott Schulte as its new head of U.S. investment-grade debt syndicate desk, sources familiar with the matter said.

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20 Jul 2023 22:44

Judge throws out Citigroup ex-trader's lawsuit tied to foreign exchange probe

NEW YORK, July 20 (Reuters) - A U.S. judge threw out a $112 million lawsuit by a former senior London-based trader for Citigroup, who accused the bank of falsely implicating him in a criminal probe into foreign exchange price fixing after firing him.

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19 Jul 2023 15:52

Britain's banks slow in passing higher rates to savers -watchdog

LONDON, July 19 (Reuters) - Britain's banks are not passing on higher interest rates to savers fast enough, though this is expected to accelerate in coming months as a new duty to provide good outcomes for consumers comes into force, UK financial regulators said on Wednesday.

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19 Jul 2023 15:17

Britain's banks too slow in passing higher interest rates to savers, says watchdog

LONDON, July 19 (Reuters) - Britain's banks are not passing on higher interest rates to savers fast enough, though this is expected to accelerate in coming months as a new duty to provide good outcomes for consumers comes into force, UK financial regulators said on Wednesday.

Read more
18 Jul 2023 08:59

SSP completes bank refinancing with new GBP300 million four-year loan

(Alliance News) - SSP Group PLC on Tuesday said it has completed the refinancing of its syndicated banking facilities, including a new GBP300 million four-year loan and undrawn GBP300 million revolving credit facility.

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17 Jul 2023 22:30

British prime minister seeks to win back corporate confidence with new business council

LONDON, July 17 (Reuters) - British Prime Minister Rishi Sunak will hold the first meeting of his new business council on Tuesday, in a bid to support his pledge to grow the economy and fend off attempts by the opposition Labour Party to win over the business community.

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17 Jul 2023 09:12

Banco BPM shares rise after payments deal with FSI

MILAN, July 17 (Reuters) - Banco BPM shares rose as much as 2.7% on Monday after Italy's third-largest bank said it would sell 71.6% of its card and shopowner payments operations to private equity fund FSI for 500 million euros ($561 million) in cash and shares.

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17 Jul 2023 07:50

Luxury group Richemont boosted by Asia recovery but Americas weigh

ZURICH, July 17 (Reuters) - Luxury group Richemont reported a 14% increase in first- quarter sales on Monday, boosted by a strong rebound in Asia and demand for its high-end jewellery.

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17 Jul 2023 06:36

Luxury group Richemont reports 14% sales growth during first quarter

ZURICH, July 17 (Reuters) - Richemont reported weaker than expected sales during its first quarter as the world's second biggest luxury group continued to see strong demand for its high-end jewellery.

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15 Jul 2023 00:09

US Virgin Islands demands $190 mln from JPMorgan in Epstein case

NEW YORK, July 14 (Reuters) - The U.S. Virgin Islands said it wants JPMorgan Chase to pay at least $190 million, and possibly much more, to resolve its lawsuit accusing the largest U.S. bank of ignoring the disgraced late financier Jeffrey Epstein's sex trafficking.

Read more

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