Paul Morris

Paul Morris is a private wealth manager who served as Jeffrey Epstein's primary banker across three major financial institutions over more than a decade. Morris began his career at Merrill Lynch in 1997 before moving to JP Morgan Private Bank, where he managed Epstein's accounts and served as official "Client Sponsor" for Epstein entities including Hyperion Air Inc., meaning Morris was "primarily responsible for protecting the firm's reputation from inappropriate business relationships, as well as from fraud and money laundering" and "sponsoring this client as to their character and reputation". In November 2012, Morris joined Deutsche Bank as a relationship manager and immediately brought Epstein with him as a client in 2013, projecting the relationship would generate $2-4 million in annual revenue. Morris managed Epstein's Deutsche Bank accounts until 2016, during which time 76 total accounts were opened under the "Southern Financial Relationship", with Epstein eventually holding over $200 million at the bank. Morris moved to Bank of America Merrill Lynch in 2016 and continued seeking to meet with Epstein through at least early 2019. The Epstein archive documents 15,568 emails involving Morris between 2011 and 2019. In August 2020, FBI agents engaged Morris for a proffer, during which his attorney characterized him as "just a low level relationship manager" despite his evident financial success in the role.

Background#

Morris began his investment banking career at Merrill Lynch in 1997, later moving to JP Morgan Private Bank where he worked as a relationship manager for high-net-worth clients. According to Deutsche Bank KYC documents, Morris first met Epstein at JP Morgan through "a mutual friend/colleague who introduced them", and "over the course of a few meetings Paul was able to get Jeffrey to bring some of his funds over to JPMorgan". Email exchanges from 2012 show Morris coordinating meetings with Epstein while at JP Morgan, including discussions in July 2012 about a "potential LB art loan"—likely referring to Leon Black, given the documented relationship between Morris, Epstein, and Black that resulted in over $158 million in transactions through Epstein's Deutsche Bank accounts.

At JP Morgan, Morris served as official "Client Sponsor" on KYC documentation for Epstein's Hyperion Air Inc. account opened March 9, 2013. The JP Morgan KYC form notes Epstein "typically will take large cash withdrawals from the account for fuel expenses when travelling to foreign countries" and lists the account risk rating as "HIGH". As Client Sponsor, Morris was "primarily responsible for protecting the firm's reputation from inappropriate business relationships, as well as from fraud and money laundering" and "sponsoring this client as to their character and reputation".

In November 2012, Morris left JP Morgan to join Deutsche Bank's Private Wealth Management division in New York. According to an FBI interview with Amanda Kirby, who worked as a compliance officer under Morris at Deutsche Bank, "you did not hire bankers from another bank without them having a book a business. You hired someone with the expectation that they were bringing on a book of business". Kirby confirmed that "EPSTEIN was MORRIS'S only client during the time KIRBY worked under MORRIS".

According to class action complaints filed against Deutsche Bank, Morris pitched Epstein to senior management in spring 2013, projecting "estimated flows of $100-300 [million] overtime [sic] (possibly more) w/ revenue of $2-4 million annually over time" and proposing that all accounts be structured as "entities" affiliated with Epstein, "not personal accounts".

FBI interviews with Kirby reveal that Morris deliberately framed the Epstein onboarding to minimize perceived reputational risk. Kirby testified that she compiled a research memo "for MORRIS to present to PACKARD and HARRIS"—referring to Chip Packard, Morris's direct supervisor, and Patrick Harris, who "was very senior and was maybe the Head of Risk". The memo included Kirby's notation that "we would not be opening personal accounts for Mr. Epstein". Kirby testified "it may have been an effort to get higher ups comfortable with the account" and "KIRBY believed that MORRIS wanted the line regarding the accounts not being opened in EPSTEIN'S name to be included". Based on "the attachment from PACKARD, the two company accounts did not pose a reputation risk despite EPSTEIN owning them".

Senior executives Charles Packard, John Carruso, and Joe Polizano approved Epstein's onboarding despite awareness of his 2008 conviction. Kirby testified that "CHIP PACKARD held a senior role within the private bank. MORRIS reported to PACKARD".

During Morris's tenure at Deutsche Bank, 76 total accounts were established under what the bank internally designated the "Southern Financial Relationship," though only approximately 40 were ever capitalized. The accounts eventually held over $200 million in assets. Kirby testified that "On a monthly basis, there was a tab/document sent to all the banking teams showcasing who closed the most business in a given month. KIRBY recalled that, for a while, MORRIS was not very high up there in comparison to other private bankers"—though an FBI agent later noted sarcastically that Morris "appears to have done very well for himself as a low level relationship manager".

Morris joined Bank of America Merrill Lynch in August 2016 as managing director and private wealth advisor in the Private Banking and Investment Group, establishing The Morris Group practice at One Bryant Park in New York. He continued attempting to maintain contact with Epstein through at least January 2019.

In May 2023, Bloomberg Law reported that Morris was deposed by lawyers for Epstein victims in lawsuits against JP Morgan and Deutsche Bank. Deutsche Bank agreed to pay $75 million to Epstein victims in a settlement, while New York financial regulators fined the bank $150 million for its relationship with Epstein.

Deutsche Bank Compliance Procedures and Red Flags#

Deutsche Bank's handling of the Epstein accounts involved systematic clearing of compliance alerts and normalization of suspicious transactions. An FBI interview with Amanda Kirby, who processed wires and handled front-line compliance for Epstein's accounts under Morris's supervision, provides extensive detail on these procedures.

Kirby testified that she "did not recall if she ever flagged any EPSTEIN wires as suspicious" and "KIRBY did not remember if seeing transactions to women, women overseas, and other entities raised a red flag". She stated that "Transactions to women were consistent with the activity of the EPSTEIN account"—indicating the bank had normalized such payments as expected behavior for this client. Kirby confirmed she processed wires to MC2 Model Management and international SWIFT wires to women, though she "did not recall who the entity MC2 MODEL MANAGEMENT was".

The bank employed a "High Risk Media Callback Verification stamp" for wires above approximately $50,000, with a required checkbox for "transaction consistent with expected activity". This procedure effectively made suspicious payments to women self-justifying once they became routine for the account.

A Deutsche Bank attorney proffer documented that "every year alerts raised re arrest but cleared b/c no new allegations". In January 2015, an "AFC compliance employee raised concern re JE relationship b/c onboarding S Financial LLC" and noted "8 articles post-dated 2013 onboarding, but re historical abuse". The concern was "elevated to risk comm, cont'd relationship reboard Co"—meaning the bank chose to continue the relationship.

In February 2015, when Amanda Kirby warned Morris that "trustees for Butterfly Trust have changed", she explicitly noted that "with all the recent press there will be alerts raised on JE's and this will go to High Risk for approval". Regarding an alert about an alleged co-conspirator being a Butterfly Trust beneficiary, Kirby testified "KIRBY did not have any concerns at the time" and "KIRBY believed they would clear the alert because they did so previously".

Kirby's testimony reveals her personal discomfort with the arrangement. She stated "KIRBY thought MORRIS was insecure and a back-handed manipulator" and "KIRBY genuinely did not like MORRIS as a person", though she added "KIRBY did not believe there was anything unsavory that MORRIS did in regards to EPSTEIN. KIRBY just did not like MORRIS". She went to HR because she was "uncomfortable working with MORRIS'S only client", and the HR representative asked "you feel uncomfortable doing the job you were hired to do?" Kirby eventually requested to leave Morris's team.

Kirby confirmed that bank personnel were instructed not to reference Epstein by name in certain contexts: "KIRBY understood that she wasn't to refer to these accounts by EPSTEIN'S name because part of the training she received was that you had to keep client confidentiality. There may have been sensitivity regarding EPSTEIN'S criminal past and not referring to the account as EPSTEIN'S account".

An FBI email from August 4, 2020 stated that FBI agents found "it was clear he was moving money for the payment of women. They as much admit that, but seem to justify it, in that they did not believe the women to be under age (i.e., complete disregard for the trafficking aspect, or witness tampering)". The "they" in this statement refers to Deutsche Bank personnel including Morris as relationship manager.

A comprehensive Deutsche Bank presentation to SDNY documents the full scope of Epstein's accounts at the bank, including 76 total accounts (42 capitalized), with detailed exhibits analyzing payments to alleged co-conspirators, Eastern European models, Butterfly Trust beneficiaries, cash withdrawals exceeding $10,000, tuition payments for women and children, and potential settlement payments. The presentation includes:

• Exhibit F: Biographical Information on Female Butterfly Trust Beneficiaries
• Exhibit G: Summary of Payments to Butterfly Trust Beneficiaries
• Exhibit H: Timeline of Direct Payments to Butterfly Trust Beneficiaries
• Exhibit I: Summary of Payments to Ostensible Foreign Models
• Exhibit N: Timeline of Payments to (or on Behalf of) Alleged Co-Conspirators
• Exhibit R: Tuition Payments on Behalf of Children/Women

SDNY prosecutors noted in an internal September 2019 email: "Most of the payments we've been interested in, those made to alleged co-conspirators, were made from one particular trust account at Deutsche Bank". They also documented "payments to more than 25 women who appear to be Eastern European models".

The FBI email also noted that investigators would "likely be seeking to interview Epstein's attorney, who was responsible for a lot of the transactions, and appears to have made efforts to structure transactions, so as to avoid SAR's etc"—referring to Darren Indyke.

Epstein-Controlled Accounts and Trust Structures#

During Morris's tenure at Deutsche Bank, 76 total accounts were opened under the "Southern Financial Relationship" umbrella, though only approximately 40 were ever capitalized. The primary entities included Southern Trust Company Inc., Southern Financial LLC, and multiple trust structures.

The Butterfly Trust

The Butterfly Trust represents one of the most significant trust structures Morris managed. According to Deutsche Bank's presentation to SDNY, the timeline was:

• December 27, 2006: Epstein settles the Butterfly Trust, naming [redacted] and "Ghislaine N. Maxwell" as beneficiaries, with Richard Kahn and Darren Indyke named as trustees. This occurred just weeks after the FBI began its sex trafficking investigation in November 2006.
• March 2011: Additional beneficiaries added
• January 24, 2014: Deutsche Bank opens checking and money market accounts for the trust
• December 9, 2014: Erika Kellerhals and another individual become "acting trustees." They ADD Karyna Shuliak, Darren Indyke, and Richard Kahn as beneficiaries and DELETE Maxwell and [redacted] as beneficiaries.
• January-February 2015: Additional beneficiaries added

The timing of Maxwell's removal as beneficiary in December 2014 coincided with increased public scrutiny following civil litigation against Ghislaine Maxwell. In February 2015, Amanda Kirby warned Morris that "trustees for Butterfly Trust have changed" and "with all the recent press there will be alerts raised on JE's and this will go to High Risk for approval". Kellerhals was identified as "an attorney in the vis" (U.S. Virgin Islands).

Karyna Shuliak's dual role as both a Butterfly Trust beneficiary and direct payment recipient is documented extensively. Deutsche Bank records show Shuliak received $494,373 in direct payments from Epstein-controlled accounts, plus an additional $243,499 through JSC Interiors, a company she ran. Deutsche Bank also opened a NOW account on December 13, 2013 for "Jennifer Kalin & Karyna Shuliak", described as "a checking account for Individuals. They use the funds for daily expenses". Shuliak also maintained her own personal NOW account at Deutsche Bank.

Other Trust Structures

Beyond the Butterfly Trust, Morris's team at Deutsche Bank managed several other trust structures:

• The Haze Trust: Held brokerage accounts, DBAGNY preferred accounts, and checking accounts at Deutsche Bank
• The 2007 Jeffrey E. Epstein Insurance Trust: Maintained checking accounts
• The 2017 Caterpillar Trust: Established with checking and DBAGNY preferred accounts, with Daphne Wallace and Lesley Groff as signatories

Trading Authorities and Powers of Attorney

The archive documents a complex web of trading authorities across Epstein's accounts. In April 2015, Morris facilitated an account for Leon Black with confirmation that "Jeffrey Epstein will have authority to transact on Leon's behalf". Morris noted that Black "may not know a bank account is opened"—a concerning statement suggesting accounts could be established without the nominal holder's full awareness.

Stewart Oldfield, who succeeded Morris, later explained that Paul Barrett, "the former head of GIO desk at JPM", had "recently started his own RIA, Alpha Group Capital, with financial backing from Southern Financial (Jeffrey Epstein)" and "Paul now has trading authority for Jeffrey's accounts". Deutsche Bank records show Barrett held Limited Power of Attorney on four Epstein brokerage accounts:

• J Epstein Virgin Islands Foundation (Brokerage)
• Southern Financial LLC (Brokerage)
• Southern Trust Company Inc. (Brokerage)
• The Haze Trust (Brokerage)

This created a circular financial relationship: Barrett, a former JP Morgan executive, started an investment advisory firm with financial backing from Epstein's entities, then received trading authority over those same entities' accounts at Deutsche Bank.

Art Acquisition Accounts

Morris coordinated art-related financial services for Epstein's network. In July 2012 at JP Morgan, Morris contacted Epstein about a "potential LB art loan", wanting to "get you proposal ASAP". "LB" likely refers to Leon Black, given the extensive documented relationship.

At Deutsche Bank, Prytanee, LLC was established on January 20, 2017 specifically for "Art Acquisition/Investment", described as "related to art purchases". Deutsche Bank records also show a $50,728 payment to Sotheby's from an Epstein-controlled account.

Investment Activities and Trading#

Morris supervised sophisticated investment strategies for Epstein's accounts at Deutsche Bank, implementing tracking systems and coordinating complex trades.

In May 2015, Morris's team provided Epstein with pricing for USD/JPY currency options with notional values of $10,000,000 each, structured as risk reversals traded through Southern Financial LLC. When Epstein complained "these prices seem wrong", Morris questioned his team: "Daniel, are you reviewing before going out to clients?"—indicating Morris's direct oversight of pricing accuracy.

Morris implemented comprehensive trade tracking requiring his team to forward him details of every client transaction including "client, trade type, size, date, P&L same or next day". This system allowed Morris to monitor all trading activity across Epstein's portfolio in real-time.

SDNY prosecutors noted that during the Deutsche Bank period, "there doesn't seem to be any evidence that he was trading on behalf of others in these accounts"—distinguishing this period from Epstein's earlier activities at other institutions.

Correspondence with Epstein#

The archive documents Morris's role as Epstein's primary banker at Deutsche Bank from 2013 through 2016, followed by continued contact attempts through Bank of America Merrill Lynch from 2016 to 2019. The correspondence reveals extensive coordination of account openings, investment trades, and financial services across multiple Epstein-controlled entities.

Deutsche Bank Period (2013-2016)

Morris served as the designated relationship manager for Epstein's Deutsche Bank accounts, listed on KYC documentation covering accounts for Jeffrey Epstein personally, Southern Financial LLC, and Southern Trust Company Inc. A September 2013 email thread shows Morris facilitating ISDA derivative documentation, with Epstein's assistant Tazia Smith sending draft agreements to Darren Indyke while copying Morris.

Morris coordinated with his Deutsche Bank team—including Vahe Stepanian, Daniel Sabba, Amanda Kirby, and Ariane Dwyer—to execute Epstein's investment strategies. In May 2015, Morris questioned whether team members were "reviewing before going out to clients" after Epstein complained that currency option "prices seem wrong". Morris implemented trade tracking systems requiring his team to forward him details of each client transaction including "client, trade type, size, date, P&L."

The archive documents Morris's role facilitating accounts for other high-profile clients Epstein referred. In April 2015, Morris received notification that Leon Black's family office "want to proceed setting up and funding the account" with confirmation that "Jeffrey Epstein will have authority to transact on Leon's behalf". Morris acknowledged having "spoke with Brad and Je"—referring to Brad Wechsler, who ran Elysium Management, "which is Leon Black's (founder of Apollo) family office". Morris instructed his team to "generate more ideas and flow". Morris suggested Black "may not know a bank account is opened". The Leon Black account notification was sent directly to "Paul Morris; Chip Packard; Todd Stevens"—confirming Morris's supervisor Packard was directly involved in approving the Epstein-referred relationship.

Morris coordinated updates to trust structures within Epstein's network. In February 2015, Amanda Kirby warned Morris that "trustees for Butterfly Trust have changed" and a new KYC would be required, noting "with all the recent press there will be alerts raised on JE's and this will go to High Risk for approval". Morris requested a copy of the trust to review. The new trustees included Erika Kellerhals, "an attorney in the vis" (Virgin Islands).

Morris directly communicated account balances and portfolio details to Epstein. In June 2015, he received a report that Epstein's Deutsche Bank brokerage accounts held $109,278,134.76 in cash across nine accounts. Amanda Kirby forwarded these cash balance reports to Morris and also copied Stewart Oldfield. This suggests an overlap or transition period in mid-2015.

Bank of America Period (2016-2019)

After Morris moved to Bank of America Merrill Lynch in August 2016, the archive documents continued attempts to maintain the Epstein relationship. Scheduling emails from Lesley Groff show Morris meeting with Epstein at his New York townhouse on June 3, 2015 at 4:00pm, on February 3, 2016 at 6:00pm, and on February 4, 2016 at 6:00pm.

From Bank of America, Morris sent Epstein investment research and market commentary, including materials on Rockefeller art sales in November 2017, Chief Investment Office viewpoints in March and April 2019, and various market outlooks. Throughout 2017 and 2018, Morris repeatedly contacted Groff seeking meetings with Epstein. In October 2017, Morris asked if Epstein would be "around thurs/fri this week". Groff responded that Epstein was not available, providing similar responses in November 2017, December 2017, January 2018, and May 2018.

In May 2015, Groff relayed an urgent message: "Please call Paul Morris. He is in office today but says you can call over weekend also", providing both Morris's cell and office numbers. In January 2019—six months before Epstein's arrest—Morris wrote: "Happy New Year LesleylI Pls let me know when je in town so I can stop by". Groff replied that "Jeffrey is currently away with no plans to come back soon...ha, he may wait for spring!" This represents Morris's last documented attempt to contact Epstein in the archive.

Earlier JP Morgan Period (2011-2012)

The archive contains limited documentation from Morris's JP Morgan tenure, but shows active banker-client coordination. In July 2012, Morris attempted to arrange a call with Epstein and "a sr. lender to discuss potential LB art loan", wanting to "get you proposal ASAP". In September 2012, Morris coordinated meeting times with Groff, stating "I'm pretty flexible next few days". Schedule emails show a September 10, 2012 appointment with Morris "at 5:00".

High-Net-Worth Client Referrals from Epstein#

Morris benefited significantly from Epstein's referrals of other wealthy clients to Deutsche Bank, substantially expanding the revenue generated beyond Epstein's own accounts.

Leon Black and Apollo Management Network

The most significant referral was Leon Black, founder of Apollo Global Management. Transaction records compiled by SDNY prosecutors document that the Leon Black/Rothschild network paid over $158 million through Epstein's Southern Trust Company accounts at Deutsche Bank between 2013 and 2018, including:

• $8.5 million (October 2013)
• $10 million (December 2013)
• $5 million, $5 million, and $15 million (April 2014)
• $20 million from Narrow Holdings/Elysium (July 2014)
• $10 million from BV70 LLC to Gratitude America (October 2015)
• $10 million from Edmond de Rothschild (December 2015)
• $14.99 million from Benjamin Edmond de Rothschild (December 2015)
• Multiple transactions from Plan D, LLC totaling $30.5 million (2017)

In April 2015, Morris coordinated the opening of Leon Black's Deutsche Bank account with trading authority granted to Epstein. Morris wrote that he had "spoke with Brad and Je"—referring to Brad Wechsler, who Stewart Oldfield later identified as running "Elysium, which is Leon Black's (founder of Apollo) family office". Oldfield also noted that Wechsler "is also the Chairman of IMAX".

The archive contains evidence of coordination between Morris's banking activities and Epstein's meetings with Black. On October 22, 2013, Morris had an 11:00am meeting "w/Paul Morris and the DB Team" on the same day Epstein had breakfast at 7:00am with "Marc Rowen, Leon Black and Josh Harris"—Apollo's management team. On June 2-3, 2015, Morris's 4:00pm meeting occurred one day after Epstein lunched with Leon Black and met with Brad Wechsler. On February 3-4, 2016, Morris's 6:00pm meetings on consecutive days occurred alongside Epstein meetings with Leon Black, Peter Thiel, David Fiszel, and Ehud Barak.

Paul Barrett and Alpha Group Capital

Another significant referral involved Paul Barrett, a former JP Morgan executive. Stewart Oldfield explained that Barrett was "the former head of GIO (like our ISG) desk at JPM" who "has recently started his own RIA, Alpha Group Capital, with financial backing from Southern Financial (Jeffrey Epstein)". Oldfield noted that "Paul now has trading authority for Jeffrey's accounts".

Deutsche Bank records show Barrett held Limited Power of Attorney on four Epstein brokerage accounts at Deutsche Bank: J Epstein Virgin Islands Foundation, Southern Financial LLC, Southern Trust Company Inc., and The Haze Trust. This created a circular arrangement where Barrett's RIA firm was financially backed by Epstein while simultaneously managing Epstein's trading accounts.

Other Connections to Billionaires

SDNY prosecutors documented Epstein's "personal and financial connections to billionaires including Glenn Dubin, Barry Diller, Leslie Wexner, Henry Jarecki, Andrew Farkas, and Leon Black". While the archive does not show Morris directly managing accounts for all of these individuals, the connections expanded the network of ultra-high-net-worth relationships Morris could potentially access through the Epstein relationship.

The cumulative effect of these referrals—particularly the over $158 million in Leon Black/Rothschild flows—demonstrates that Epstein's value to Morris and Deutsche Bank extended far beyond his personal $200 million in assets.

Transition to Stewart Oldfield#

When Morris left Deutsche Bank for Bank of America Merrill Lynch in August 2016, Stewart Oldfield took over the Epstein relationship. A Deutsche Bank attorney proffer confirms that "Stuart Oldfield had relationship b/c Morris had left".

The archive shows an overlap period in mid-2015 when both Morris and Oldfield were copied on Epstein account communications. In June 2015, Amanda Kirby forwarded cash balance reports to Morris and copied Stewart Oldfield. This suggests a transition or knowledge transfer process was underway.

After Epstein's arrest in July 2019, Oldfield communicated with Deutsche Bank management on July 26, 2019, noting: "We understood him to have been in the syndicate at MS and at least one other bank while Paul was running some of his trading"—referencing Morris's earlier role managing Epstein's accounts during the Deutsche Bank period.

In October 2017, Oldfield provided background information on Epstein's financial network to colleagues, explaining the Paul Barrett/Alpha Group Capital arrangement and noting that "Brad Wechsler runs Elysium, which is Leon Black's (founder of Apollo) family office". Oldfield also noted he had met Epstein "2x @ NY residence to discuss inv ideas".

Connections#

Morris worked most closely with the Deutsche Bank team servicing Epstein's accounts, particularly Vahe Stepanian (4,696 shared emails), Tazia Smith (3,783 shared emails), Daniel Sabba (2,535 shared emails), Amanda Kirby (2,489 shared emails), and Rich Kahn (2,310 shared emails). Morris coordinated directly with Epstein's personal staff, primarily Lesley Groff (1,512 shared emails), who managed Epstein's schedule and facilitated Morris's access.

Morris also interacted with Stewart Oldfield (1,884 shared emails), who took over the Epstein relationship at Deutsche Bank in 2016 after Morris's departure. The archive shows Morris facilitating relationships between Epstein and other high-net-worth individuals including Leon Black, whose account Morris helped establish with Epstein granted trading authority, and Brad Wechsler, who ran Black's family office Elysium Management.

Morris coordinated with Epstein's attorneys Darren Indyke (293 shared emails) on trust structures and account documentation, and maintained contact with other members of Epstein's extended financial and advisory network.

Document References#

Morris appears in multiple investigative and legal documents. An August 4, 2020 FBI email states: "we engaged Morris yesterday, and he retained counsel. We will likely be conducting a proffer of him in the near future"—indicating FBI contact occurred on August 3, 2020, over one year after Epstein's July 2019 arrest. The email notes FBI agents were "particularly interested" in Morris regarding Deutsche Bank's decision to allow Epstein to bank with them despite evidence "he was moving money for the payment of women". The email states: "They as much admit that, but seem to justify it, in that they did not believe the women to be under age (i.e., complete disregard for the trafficking aspect, or witness tampering)".

The FBI agent wrote that Morris's "attorney is already attempting to devalue his roll", claiming "he was just a low level relationship manager, amongst many". The agent added sarcastically "(Note, he appears to have done very well for himself as a low level relationship manager)". The email also notes investigators would "likely be seeking to interview Epstein's attorney, who was responsible for a lot of the transactions, and appears to have made efforts to structure transactions, so as to avoid SAR's etc".

A comprehensive FBI interview with Amanda Kirby conducted on August 10, 2021 provides extensive detail about Morris's role and Deutsche Bank's compliance procedures. Kirby testified that "EPSTEIN was MORRIS'S only client during the time KIRBY worked under MORRIS" and that "you did not hire bankers from another bank without them having a book a business". She described Morris's strategy of presenting the Epstein relationship to senior management in a way that would make them "comfortable with the account" by emphasizing entity-based rather than personal accounts. Kirby stated "KIRBY thought MORRIS was insecure and a back-handed manipulator" and "KIRBY genuinely did not like MORRIS as a person", though she added "KIRBY did not believe there was anything unsavory that MORRIS did in regards to EPSTEIN". She went to HR because she was "uncomfortable working with MORRIS'S only client".

A September 12, 2019 Deutsche Bank attorney proffer confirms Morris "onboarded in 2013 @ DB" after previously onboarding Epstein at JP Morgan. The document states senior executives "Chip Packard + John Karruso + Joe Polizano all approved" Epstein's accounts and that "DB aware of 2008 arrests, but chose to take on, but 'high-risk client' so annual KYC reviews". The proffer notes Epstein was "designated as a PEP (Politically Exposed Person) b/c Clinton + Andrew ties" and documents that "every year alerts raised re arrest but cleared b/c no new allegations".

A comprehensive 50-page Deutsche Bank presentation to SDNY prosecutors documents the full scope of the Epstein relationship, including 76 total accounts (42 capitalized), with detailed exhibits analyzing:

• Biographical information on female Butterfly Trust beneficiaries
• Summary and timeline of payments to Butterfly Trust beneficiaries
• Summary of payments to ostensible foreign models
• Cash withdrawals exceeding $10,000
• Timeline of payments to alleged co-conspirators
• Tuition payments on behalf of children and women
• Potential settlement payments

Deutsche Bank KYC documentation from 2013 lists Morris as relationship manager for multiple Epstein entities including Southern Financial LLC, Southern Trust Company Inc., and Epstein's personal accounts. The forms indicate assets were transferring from "JPMorgan, NYC" with expected account volumes ranging from $50,000 to $150,000 initially, though actual holdings eventually exceeded $200 million according to the 2019 proffer.

JP Morgan KYC documentation from March 9, 2013 lists "PAUL V MORRIS" as Client Sponsor for Epstein's Hyperion Air Inc. account, noting Epstein "typically will take large cash withdrawals from the account for fuel expenses when travelling to foreign countries" with a risk rating of "HIGH". As Client Sponsor, Morris was "primarily responsible for protecting the firm's reputation from inappropriate business relationships, as well as from fraud and money laundering".

SDNY prosecutors noted in an internal September 2019 email that "Most of the payments we've been interested in, those made to alleged co-conspirators, were made from one particular trust account at Deutsche Bank" and documented "payments to more than 25 women who appear to be Eastern European models". They listed Epstein's "personal and financial connections to billionaires including Glenn Dubin, Barry Diller, Leslie Wexner, Henry Jarecki, Andrew Farkas, and Leon Black" and noted that during the Deutsche Bank period "there doesn't seem to be any evidence that he was trading on behalf of others in these accounts".

A complete transaction record compiled by SDNY prosecutors documents over $158 million in combined Leon Black and Rothschild transactions flowing through Epstein's Southern Trust Company account at Deutsche Bank between 2013 and 2019.

Morris is named in civil litigation filed against Deutsche Bank by Epstein victims and shareholders. Court documents allege Morris pitched Epstein to Deutsche Bank executives with revenue projections and recommended structuring accounts through entities rather than personal accounts. The New York Times identified Morris among Deutsche Bank executives responsible for serving Epstein when reporting on the $150 million regulatory fine imposed by New York's Department of Financial Services.

Visits to Epstein Properties#

The archive documents the following visits to Epstein's Manhattan townhouse:

Manhattan Townhouse (9 East 71st Street):

1. September 10, 2012 - 5:00pm appointment (during JP Morgan tenure)
2. October 22, 2013 - 11:00am appointment "w/Paul Morris and the DB Team" (on a day when Epstein had breakfast with Marc Rowen, Leon Black, and Josh Harris)
3. June 3, 2015 - 4:00pm appointment (one day after Epstein lunched with Leon Black and met with Brad Wechsler)
4. February 3, 2016 - 6:00pm appointment (during a period when Epstein was meeting with Leon Black, Peter Thiel, David Fiszel, and Ehud Barak)
5. February 4, 2016 - 6:00pm appointment (consecutive day meeting)

No visits to Epstein's other properties (Palm Beach residence, Little St. James island, New Mexico ranch, or Paris apartment) are documented in the archive.