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The Latest Breaking News from JPMorgan

Anil Agarwal’s Vedanta raises about $850 million Via JPMorgan, Oaktree loan

Billionaire Anil Agarwal’s debt-strapped Vedanta Group took out a fresh loan for about $850 million, its latest effort to come up with funds.

The Times of India

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

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JP Morgan claims US Virgin Islands ‘complicit’ in Jeffrey Epstein crimes

Counter lawsuit comes after territory alleged bank ‘facilitated’ exploitation of women and girls by sex offender

The Guardian - US

Bitcoin stands apart as big banks get bigger

Governments' role in the banking system is growing—a development that could inadvertently help Bitcoin.

Fortune

Jeffrey Epstein ‘blackmailed’ Bill Gates with threat to expose alleged affair with Russian bridge player

‘Mr Gates met with Epstein solely for philanthropic purposes,’ says Gates Foundation spokesperson

The Independent UK

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

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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

Deutsche Bank to pay $75 million to settle lawsuit by Epstein accusers

Deutsche Bank AG agreed to pay $75 million to settle a lawsuit by women who say they were abused by the late financier Jeffrey Epstein, and accused the German bank of facilitating his sex trafficking.

Reuters

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 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

Musk subpoenaed in Jeffrey Epstein litigation

Telsa CEO Elon Musk has been subpoenaed in an investigation into JP Morgan Chase's involvement in Jeffrey Epstein's activities.

The New Daily

Elon Musk subpoenaed over JPMorgan’s role in Jeffrey Epstein’s activities

US Virgin Islands is suing the bank over sex trafficking by Epstein, saying he ‘may have referred or attempted to refer’ Musk as a client

The Guardian - US

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Fortune

JPMorgan wants to be your landlord

JPMorgan spends $59 million to buy Cantabria Bradenton, a new 184-unit rental community in Florida, from Wolfson Development Company.

Fortune

JPMorgan CEO Jamie Dimon warns of 'panic' as debt ceiling deadline looms

The U.S. Treasury warns that it might exhaust its ability to borrow money as early as June 1 if Congress does not raise the debt ceiling.

Fortune

Jamie Dimon says he won’t be buying any more failed banks: ‘It’s a lot of work’

“People always look at the financial deal. Forget the financial deal ... it's a lot of work,” Dimon told Bloomberg Thursday about buying beaten down banks.

Fortune

Deloitte, Goldman Sachs, Microsoft among institutional players partnering on new blockchain network

Despite Crypto Winter, legacy firms are still investing in potential blockchain breakthroughs.

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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.

Barchart

Stocks Set to Open Mixed as Investors Await U.S. Inflation Data, Debt Worries Remain

June S&P 500 futures (ESM23) are up +0.02%, and June Nasdaq 100 E-Mini futures (NQM23) are down -0.11% this morning as market participants awaited crucial U.S. inflation data that could influence the Federal Reserve’s monetary policy stance.

The Independent UK

Google co-founder Larry Page subpoenaed in civil proceedings over JPMorgan’s ties to Jeffrey Epstein

Prosecutors believe Epstein ‘may have referred or attempted to refer’ Mr Page, who stepped down as CEO of Google in 2019, to JPMorgan

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.

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.

Reuters

Exclusive-JPMorgan could process another 40 Russian grain export payments - sources

U.S. bank JPMorgan Chase Co could process another 40 Russian grain export payments, two sources said, as the United Nations seeks to save a deal allowing safe Black Sea exports of Ukrainian grain that Moscow has threatened to quit on May 18.

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.

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