CEO of JPMorgan Private Bank (2005-2011). Present at the October 2006 Rapid Response meeting that decided to keep Jeffrey Epstein despite noting "minors are the issue" and $750K/yr cash withdrawals. Compliance team requested she escalate the exit decision after the first of the year, no exit followed. Her successor John Duffy inherited the unresolved Jeffrey Epstein problem.
Key Findings
Named in USVI v. JPMorgan complaint (par 100) as participant in five executive meetings about Jeffrey Epstein risks: Jul 2008, Oct 2008, Jan 2011, Aug 2011, Jul 2013
A document in the files records, under "Rapid Response Meeting of 10/17/06", that "After internal discussions with Jes Staley, Mary Erdoes, Catherine Keating, John Duffy and Mary , it was decided that we will keep Mr. Epstein solely as a banking client" (EFTA02817858).
A January 27, 2011 update in a document in the files states: "The coverage team along with Catherine Keating and William Langford all met to discuss the situation and agreed to enhance monitoring and document a discussion with the client." (EFTA01480926)
JPMorgan settled USVI complaint for $75M in 2023 (external source, not in EFTA corpus)
EFTA01480491, EFTA01480496 and EFTA01480551: JPMorgan internal client-review audit histories for the Jeffrey Epstein relationship record an "Area Head Approval" step "performed by: Catherine Keating" in May and June 2009. The same audit trails show a later step, "Input/Update High Profile figure set to 'No' performed by: Bonnie K Perry", in October 2009. These are the bank's own records rather than the USVI complaint's characterisation of them.