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The Latest Breaking News from JPMorgan

Alphabet Co-Founder Sergey Brin Linked To Epstein Connection, Lawsuit Reveals

New details emerge in lawsuit connecting Brin to Epstein through JPMorgan, raising questions.

Zenger

Damning messages reveal JPMorgan execs discussed seeing ‘nymphettes’ at Jeffrey Epstein property

‘A few people (were) laughing about Jeffrey’: JP Morgan executives allegedly joked about Epstein surrounding himself with young women and girls

The Independent UK

Billionaire Leon Black paid $62.5m to exit US Virgin Islands investigation over links to Jeffrey Epstein

Wall Street private equity executive had ties to Epstein for decades

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Fed debuts new payments network to speed up US money movement

The Federal Reserve debuted a new payments system designed to speed up the movement of money among banks around the U.S., the central bank’s first new network in decades.

Tribune News Service

Bally Sports Bankruptcy Gets Bloodier: Diamond Files Suit Against Sinclair and JP Morgan, Tries to Claw Back $1 Billion Preferred Equity Repayment

Diamond's largely stiffed secondary creditors are asking the bankruptcy court why they've been left holding the bag while JP Morgan was made whole

Broadcasting & Cable

Americans still haven’t run out of pandemic savings quite yet, JPMorgan study finds

The biggest question facing economists is when will consumers burn through their COVID-era piggy bank.

Fortune

Office real estate values are moving down so fast that banking giants like Wells Fargo are already bracing for losses

Wells Fargo CEO Charlie Scharf: "we are reserving for the weakness that we expect to play out in that market over time."

Fortune

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U.S. Virgin Islands Seeks $190M From JPMorgan In Epstein Sex Trafficking Case

Territory demands minimum payment and policy changes to hold bank accountable.

Zenger

Frank exec Olivier Amar loses motion to dismiss JPMorgan Chase fraud case against him.

The latest chapter in the ongoing saga between the bank and the millennial founder would allow each side to dig for digital evidence.

Fortune

Jamie Dimon leads big banks’ earnings triumph: The economy remains ‘resilient,' but a ‘soft landing’ isn’t guaranteed

Despite stubborn inflation and rising interest rates that pose "salient risks," Jamie Dimon says he's hoping for the best.

Fortune

Earnings Season: The Thrill of Victory, the Agony of Defeat!

Earnings season officially kicks off today! Bank stocks are on deck to report Q2 numbers and markets are nervous. With all the financial turmoil over the past few months, a lot of questions are about to be answered pertaining to the health and stability of our banking system.

Barchart

JPMorgan’s Jamie Dimon isn’t sold on ‘Bidenomics’—here’s what he’d do differently if ‘Dimonomics’ were on the table instead

The head of America’s biggest bank has denied having any intention to run for president in 2024.

Fortune

JPMorgan CEO lambasts managers working from home

Jamie Dimon, a remote work "skeptic," has some choice words for managers.

Fortune

Should You Buy JPMorgan (JPM) Ahead of Earnings?

JPMorgan (JPM) is set to release its second-quarter earnings later this week. Although its earnings are expected to receive a boost from the acquisition of First Republic Bank, the profit margins of Wall Street banks, including JPM, are expected to remain tight. So, will it be wise to buy the…

StockNews.com

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Fortune

JPMorgan downplays recent TradFi blitz into crypto: Spot Bitcoin ETFs ‘unlikely to be a game changer’

Among other reasons, analysts at the bank claimed similar ETFs approved in other countries haven't attracted significant investor interest.

Zenger

Bill Ackman Says ‘Huge Loss’ If This Wall Street Titan Does Not Run In 2024 Presidential Race

Pershing Square founder Bill Ackman made headlines recently for supporting a debate between Democratic Presidential primary candidate Robert F

Fortune

Goldman and JPMorgan duke it out for the title of top M&A advisor for the first half of 2023

Global M&A valuations fell 39% as top banks duked it out for dominance in the league tables.

Barchart

JPMorgan's New Dividend Hike Raises Its Total Yield, Including Buybacks, to 4.68%

JPMorgan Chase announced that its new dividend will be $1.05, or $4.20 annually. That raises the dividend yield to 2.89%. Combined with the 1.79% buyback yield, its total yield to investors is now 4.68%.

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The Independent UK

Judge approves $290m settlement in suit accusing JPMorgan of ignoring Jeffrey Epstein sex trafficking

Bank denies enabling any crimes

Fortune

Citi CEO Jane Fraser ‘certainly’ sees a slowdown, but big banks remain in ‘very strong health’

Citigroup is halfway through a turnaround that’s aiming to simplify the bank’s core business structure.

The Independent UK

Jeffrey Epstein was ‘particularly close’ to Peter Mandelson – shock report

Mandelson ‘stayed at Epstein’s New York home’ when he was Labour minister, emails show

Zenger

Former JPMorgan Banker Encourages Startups To Enter Nascent Crypto Market

Blockchain industry ripe for innovation, long-term investment, and AI integration, says NodeReal co-founder Ben Zhang.

Fortune

Frank founder accused of fraud by JPMorgan was referred to by employee in Slack message as the ‘king of finding magic numbers’ according to new court filings

The switch in the company’s public numbers caused a “groundswell of concern” at the startup, according to newly released messages.

Tribune News Service

Jeffrey Epstein paid Skidmore tuition for US Virgin Islands first family

Jeffrey Epstein paid tuition for the children of the U.S. Virgin Islands’ governor and first lady, including at New York’s Skidmore College, JPMorgan Chase & Co. said in court filings.

The Independent UK

Ex-first lady of Virgin Islands checked wording of sex offender law with Jeffrey Epstein, legal brief claims

‘This is the suggested language; will it work for you?’ Cecile de Jongh allegedly asked Epstein about legislation

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