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The Latest Breaking News from JPMorgan Chase

JPMorgan accuses US Virgin Islands of shielding Epstein

JPMorgan Chase is defending itself against a lawsuit by the US Virgin Islands accusing it of empowering Jeffrey Epstein to abuse teenage girls.

The New Daily

JPMorgan Chase defends lawsuit by blaming US Virgin Islands for Jeffrey Epstein's sex crimes

JPMorgan Chase is defending itself against a lawsuit by the U.S. Virgin Islands accusing it of empowering Jeffrey Epstein to abuse teenage girls

The Independent UK

Stocks Lower on Debt Ceiling and Higher Bond Yields

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.23%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.03%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.30%. U.S. stocks this morning are mildly lower as U.S....

Barchart

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Republican Attorney Generals Cite Religious And Political Discrimination Against JPMorgan Chase

A conservative group was denied service on WePay for processing ticket sales that featured the son of Donald Trump.

Zenger

How strong are regional and community banks in the US?

Thirty-one financial institutions control more than 60% of the total money in US banks.

USAFacts

Manhattan DA pulled into suit against JPMorgan over Epstein ties; Deutsche Bank settles for $75 million with billionaire pedophile’s victims

NEW YORK — The Manhattan district attorney has been dragged into litigation that’s ramping up against JPMorgan Chase, brought by abuse victims of disgraced billionaire pedophile Jeffrey Epstein.

Tribune News Service

JPMorgan Employees Overwhelmed With The Return-To-The-Office Policy Mandate

JPMorgan Chase & Co employees complain that they live far from the office as they have to deal with the commute.

Zenger

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NABLF To Honor JPMorgan Chase With Corporate Leadership Award

The award is given to a business demonstrating an outstanding community focus

TV Tech

First Thing: FBI accused of failures but report finds no deep-state plot against Trump

Agency ‘failed to uphold mission of strict fidelity’, special counsel John Durham concludes in investigation launched by Bill Barr. Plus, who is Twitter’s new CEO and can she fix its problems?

The Guardian - UK

U.S. Virgin Islands seeks to subpoena Elon Musk in Jeffrey Epstein lawsuit

The Virgin Islands, where Jeffrey Epstein had an estate, is suing JPMorgan Chase, alleging it enabled Epstein’s sex trafficking, and is seeking evidence that Epstein may have advised Elon Musk on certain business matters.

Chicago Sun-Times

US Virgin Islands subpoenas Elon Musk documents for lawsuit concerning Jeffrey Epstein's bank, JPMorgan Chase

The government of the US Virgin Islands has issued Tesla chief Elon Musk with a court order for documents in its lawsuit that is seeking to hold an American bank, JPMorgan Chase, liable for sex trafficking acts by Jeffrey Epstein.

ABC News

US Virgin Islands says it can't find Elon Musk to serve a subpoena in Jeffrey Epstein lawsuit

The government of the U.S. Virgin Islands is asking a federal judge to help it serve billionaire Elon Musk with a subpoena for documents in its lawsuit seeking to hold JPMorgan Chase liable for sex trafficking acts committed by businessman Jeffrey Epstein

The Independent UK

Narrow Breadth of Stock Rally Fuels Skepticism

The concentration of large-cap stocks leading the overall market higher this year has raised skepticism among some analysts about whether the market can sustain its momentum. According to U.S. Bank Wealth Management, this year’s robust stock market gains have occurred among a small group of names, with most of the...

Barchart

US Economy On The Edges As Banks Continue To Fail And The Fed Raising Interest Rates

The S&P 500 logged a weekly gain following the release of encouraging inflation data and a weaker-than-expected first-quarter.

Zenger

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Barchart

Markets Today: Stocks Lower as U.S. PPI Eases but Regional Bank Stocks Fall

The S&P 500 Index ( $SPX ) ( SPY ) is down -0.49%, the Dow Jones Industrials Index ( $DOWI ) ( DIA ) is down -0.94%, and the Nasdaq 100 Index ( $IUXX ) ( QQQ ) is down -0.1%. U.S. stock indexes this morning are lower. U.S. weekly...

Barchart

Markets Today: Stocks Mixed as U.S. PPI Eases but Regional Bank Stocks Fall

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are down -0.05%, and June Nasdaq 100 E-Mini futures (NQM2 3) are up +0.21%. U.S. stock index futures this morning are mixed. A decline in bond yields is positive for stocks after U.S. weekly initial unemployment claims rose more...

Fortune

Frank Founder wins round against JPMorgan Chase

JPMorgan Chase fired Charlie Javice in November 2022. Now the bank must pay her legal fees, according to a Delaware Chancery Court ruling.

WEKU

Shares of smaller lenders sink once again, reviving fears about the banking sector

PacWest and Western Alliance were among the smaller lenders that saw shares tumble even as the banks sought to reassure their customers and investors..

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news in one place.

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Fortune

Frank founder in talks with DOJ to dismiss case against her

The millennial founder sold her startup Frank to JPMorgan but was then accused of misleading the bank about the number of customers it had.

WEKU

The U.S. has more banks than anywhere on Earth. That shapes the economy in many ways

The U.S. has more than 4,500 banks — more banks than any other country. That huge number of lenders has shaped the economy in countless ways, but it also can pose risks.

Fortune

Elizabeth Warren says U.S. taxpayers will have to foot the bill if JPMorgan ‘stumbles’ after First Republic buyout

The Democratic senator raised concerns about the deal reigniting the “too big to fail” problem.

Fortune

JPMorgan Chase wants Charlie Javice to give back her passwords

The two sides continue to battle it out in court as a judge has yet to rule on whether JPMorgan must pay Frank founder Charlie Javice's legal fees.

Zenger

Charlie Munger Warns That The Fall Of Property Values With Banks Full Of Bad Loans

Berkshire Hathaway distanced itself from Silicon Valley Bank and Signature Bank with history supporting instable banks.

Fortune

How JPMorgan turned First Republic's nightmarish week into a dream scenario for shareholders

A Fortune report explains what propelled JPMorgan to land First Republic’s assets in an auction with several rival bidders.

Fortune

VCs aren’t convinced JPMorgan’s acquisition of First Republic stems the crisis

“I think people will remain skittish for quite some time” after the collapse of First Republic, Cake Ventures’s Monique Woodward says.

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