JPMORGAN CHASE

May 26 2025BUSINESS

The Big Bank's Big Bitcoin Flip

The largest bank in the US is making a surprising move. Jamie Dimon, the CEO of JPMorgan Chase, has done a complete 180 on his stance towards bitcoin. This news came out during the bank's annual investor meeting. Dimon is known for his strong opinions, and he has been quite critical of bitcoin in the past. He has even called it "worthless" and compared it to a "p...

reading time about 1 minute
Mar 29 2025CRIME

A Young Entrepreneur's Downfall: The Frank Fraud Case

In the bustling world of startups, a young entrepreneur named Charlie Javice found herself in hot water. The founder of Frank, a company that aimed to simplify the college financial aid process, was found guilty of deceiving JPMorgan Chase. The bank ended up buying Frank for a whopping 175 million dollars in 2021, only to discover later that the company's customer li...

reading time about 2 minutes
Jan 14 2025BUSINESS

JPMorgan's COO Daniel Pinto Steps Down, Jennifer Piepszak Takes Over

Daniel Pinto, who has been with JPMorgan Chase for over four decades, will step down as Chief Operating Officer and President in June. He plans to retire by the end of 2026. This move has sparked discussions about succession planning for current CEO Jamie Dimon. Jennifer Piepszak, the co-head of the commercial and investment bank, has been appointed as the new COO. S...

reading time less than a minute