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The Latest Breaking News from JPMorgan

The long shadow of Jeffrey Epstein forces a reckoning between JPMorgan and the US Virgin Islands

A sprawling lawsuit that pits the US Virgin Islands against JPMorgan Chase has entangled some of the world’s wealthiest and most powerful individuals, Bevan Hurley writes

The Independent UK

JP Morgan reaches settlement with Jeffrey Epstein victims

‘We all now understand that Epstein’s behaviour was monstrous’ JP Morgan said

Evening Standard

Market rally remind JP Morgan’s Bob Michele of the calm before Lehman collapse

The current market rally is reminiscent of the immediate relief following JP Morgan's purchase of Bear Stearns in March 2008, six months before Lehman collapsed.

Fortune

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JPMorgan Chase reaches settlement with victims of Jeffrey Epstein’s abuse

Lawsuit claims that officials at the bank ignored warning signs about Epstein’s abuse because he was a wealthy client

The Guardian - US

JPMorgan reaches settlement with victims of late paedophile Jeffrey Epstein

Two parties have reportedly reached a $290m ‘agreement in principle to settle’ the lawsuit brought last November by women who were abused by Epstein

The Independent UK

The unauthorized profile of Charlie Javice, the millennial founder convicted of swindling JPMorgan to the tune of $175 million.

Javice hustled all her life, all the way to a deal to sell her startup Frank to the world’s biggest bank. Then it all fell apart.

Fortune

How two big Wall Street banks are rethinking the office for a post-pandemic future

From more air circulation to well stacked pantries, JPMorgan Chase and BNP Paribas are seeking to make the office a draw at a time when work-from-home is becoming commonplace.

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Epstein survivors write blistering letters to JPMorgan executives demanding they admit what they know

‘Does anybody at JPMorgan have a conscience?’ Courtney Wild asked in a personal letter to a senior bank executive

The Independent UK

JPMorgan assures investors Jamie Dimon has no plans to run for U.S. President—yet

One of the biggest questions on Wall Street is who can replace Dimon at the helm of the world's most valuable bank. Fortunately, it says he's not going anywhere.

Fortune

Ex-JPMorgan executive wrote Epstein 'should not be a client' in 2011 email -deposition

A former JPMorgan Chase Co executive wrote in a 2011 email that the late financier and sex offender Jeffrey Epstein should not be a client of the bank, according to a transcript of a deposition of Chief Executive Jamie Dimon seen by Reuters.

Reuters

JPMorgan CEO Jamie Dimon says he never heard of Jeffrey Epstein until after his 2019 arrest

JPMorgan CEO Jamie Dimon says he never heard about Jeffrey Epstein until he was arrested in 2019 and he was surprised by that

The Independent UK

Barclays CEO Jes Staley contradicts JP Morgan chief’s claim they never discussed Epstein

Staley says that he communicated with Jamie Dimon about the convicted sex offender, in a lawsuit against the US banking giant

The Guardian - US

No 'decoupling' between U.S. & China, says JPMorgan's Jamie Dimon

JPMorgan's CEO is currently in Shanghai for a series of conferences, in his first visit to mainland China since the COVID pandemic.

Fortune

U.S. CEOs like Jamie Dimon and Elon Musk travel to China as Sino-American relations worsen

Some of America's top business leaders are visiting China this week, even after the G7 called for a strategy to diversify away from China.

Fortune

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news in one place.

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Fortune

Meet ‘Index GPT,’ the A.I. stock picker JPMorgan is developing that may put your ‘financial advisor out of business’

JPMorgan has filed a trademark application for an A.I. software that can pick stocks—and much more.

The Independent UK

First Republic hit with 1,000 job cuts after California bank was seized and sold to JPMorgan

About 1,000 employees of First Republic Bank are being let go about a month after it was seized by regulators and acquired by JP Morgan Chase

Reuters

Factbox-Russian gold shipments to the UAE, China and Turkey

The United Arab Emirates has become a key trade hub for Russian gold since Western sanctions over Ukraine cut Russia's more traditional export routes, Russian customs records show.

The Independent UK

Judge greenlights JPMorgan lawsuit blaming ex-executive in Jeffrey Epstein scandal

A federal judge says he won't block JPMorgan's legal efforts to accuse a former executive of hiding Jeffrey Epstein's decades-long sex abuse in order to keep the financier as a client

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Fortune

Jamie Dimon has no plans to step down as JPMorgan CEO—but he knows what he wants from his successor

JPMorgan Chase's CEO Jamie Dimon added there are some skills which can't be taught, like grit and courage.

The Times of India

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 New Daily

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 Independent UK

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 Guardian - US

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

Fortune

Bitcoin stands apart as big banks get bigger

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

The Independent UK

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

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