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The Latest Breaking News from JPMorgan

Ex-Barclays boss accused of holding discussions with Jeffrey Epstein about photos of young women

US lawsuit claims Jes Staley received pictures of young women in seductive poses from the sex offender

The Guardian - UK

Ex-JPMorgan executive’s Jeffrey Epstein emails revealed in lawsuit against bank

Former JPMorgan Chase & Co executive Jes Staley engaged in a discussion of Disney princesses with Jeffrey Epstein in July 2010, according to several emails cited in a lawsuit filed against the bank by the U.S. Virgin Islands.

Tribune News Service

Move over stablecoins, ‘deposit tokens’ are the next big thing in crypto says JPMorgan

Deposit tokens could serve all the functions of stablecoins while benefiting from being integrated into the traditional financial system, claims a study by JPMorgan Chase.

Fortune

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read the most diverse news in one place.

Ukraine's Zelenskiy met JPMorgan bankers over rebuilding efforts

Ukrainian President Volodymyr Zelenskiy met with bankers from JPMorgan Chase Co last week to get their advice on rebuilding the country and weathering the financial impact of the war, according to a statement from the president's office.

Reuters

Who’s responsible for JPMorgan’s $175 million acquisition of Frank, the fintech startup accused of fraud?

Several executives and investors played key roles in the acquisition of Frank, the fintech startup that JPMorgan is accusing of fabricating millions of users.

Fortune

Man Utd takeover: Sir Jim Ratcliffe hires banking giants in bid to pip Qatari investors

Sir Jim Ratcliffe launched his Manchester United takeover bid in January but will face competition to succeed the Glazer family from a group of Qatari investors

Daily Mirror

CVS buys Chicago-based Oak Street Health for $10.6B

Oak Street Health runs primary care centers mostly for lower-to-middle income people with Medicare Advantage plans.

Chicago Sun-Times

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CVS acquires Oak Street primary care for $10.6 billion

CVS Health is plunging deeper into providing primary care with an approximately $10.6 billion deal to acquire Oak Street Health

The Independent UK

How did JPMorgan fall for Frank? Several execs played a role in buying the $175 million startup that’s been accused of fraud

JPMorgan hoped to get a foothold in the fast-growing world of student loans. Instead, they got a huge headache.

Fortune

How Wall Street’s fossil-fuel money pipeline undermines the fight to save the planet

Big banks and investment firms have joined the ranks of companies making "net-zero" pledges. But their huge stakes in oil and gas projects are undermining their climate promises.

Fortune

JP Morgan just bought a massive forest to make money—And not just from the timber

Investing in forests to cut down trees used to be big business. Keeping them standing may be the next big thing.

Fortune

CEO longevity pays off for JPMorgan Chase’s Jamie Dimon and other chiefs of World’s Most Admired Companies

CEO tenure at companies on this list is significantly longer than the Fortune 500 average. Experts say more-experienced CEOs make decisions more efficiently and can build better cultures.

Fortune

A JPMorgan strategist just said that markets are in big trouble if the economy doesn't fall into a recession

Without a recession in 2023, the Fed may be forced to hike interest rates later in the year, JPMorgan's Mike Bell says.

Fortune

US Virgin Islands seeks Epstein documents from Barclays

The U.S. Virgin Islands asked a U.S. court to order Barclays Plc to turn over documents related to the relationship its former chief executive officer Jes Staley had with sex-offender Jeffrey Epstein.

Tribune News Service

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Tribune News Service

Musk tells tweet fraud jury he has no trouble raising money

Elon Musk told a jury he was confident he could have pulled off his proposal 4 1/2 years ago to take Tesla Inc. private, saying he never has trouble raising money for his companies.

Tribune News Service

Musk tells tweet fraud jury he has no trouble raising money

Elon Musk told a jury he was confident he could have pulled off his proposal 4 1/2 years ago to take Tesla Inc. private, saying he never has trouble raising money for his companies.

Bangkok Post

JPMorgan expects more IPOs, takeovers as baht gains

The Thai baht rally will help reverse a slump in its market for initial public offerings and provide fire-power for overseas acquisitions by Thai companies, according to JPMorgan Chase & Co.

Fortune

Jamie Dimon says remote work ‘doesn’t work’ for bosses, young workers, or ‘spontaneity'

But it does work for women, the JPMorgan chief added.

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Fortune

Tesla, JPMorgan, and Meta are among companies that face ‘key-person’ risk

Boards have to be wary of “key-person risk.” Here’s what top directors can do to break up a codependent relationship between a company and a star executive.

WEKU

At buzzy health care business conference, investors fear the bubble will burst

JPMorgan's cheery confab returned to San Francisco, but the health care capitalists had economic anxiety, too.

Fortune

JPMorgan CEO Jamie Dimon says that Bitcoin is a ‘hyped-up fraud’ and cryptocurrencies are a ‘waste of time'—but blockchain is a 'deployable' technology

“I think all that's been a waste of time and why you guys waste any breath on it is totally beyond me,” Dimon told CNBC on Thursday. “Bitcoin itself is a hyped up fraud. It’s a pet rock.”

Bangkok Post

Thai stocks are top pick in Asean on tourism outlook: JPMorgan

A better-than-expected upswing in tourism from China’s re-opening and the likely fillip to domestic consumption make Thai stocks the top pick for JPMorgan Chase & Co in Southeast Asia.

Bangkok Post

JPMorgan’s top pick in Asean is Thai stocks on tourism outlook

A better-than-expected upswing in tourism from China’s re-opening and the likely fillip to domestic consumption make Thai stocks the top pick for JPMorgan Chase & Co in Southeast Asia.

Financial Times

What it would take for Apple to disentangle itself from China

The tech giant increasingly finds itself beholden to America’s biggest geopolitical rival. But is diversification even possible?

Tribune News Service

Jes Staley ‘personally observed’ Epstein’s abuse, woman suing JPMorgan claims

A woman suing JPMorgan Chase & Co. for facilitating her sexual abuse by Jeffrey Epstein is claiming Jes Staley “personally observed” that abuse when he was the bank’s head of private wealth.

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