The Latest Breaking News from JPMorgan

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 · May 18, 2023

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 · May 18, 2023

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 · May 16, 2023

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 · May 12, 2023

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 · May 11, 2023

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

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

Fortune · May 9, 2023

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.

Fortune · May 8, 2023

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.

Barchart · May 8, 2023

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

The Independent UK · May 6, 2023

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 · May 4, 2023