A prominent senator has raised serious concerns about JPMorgan Chase's handling of Jeffrey Epstein's financial activities. The senator's report suggests that the bank may have deliberately underreported over $1 billion in suspicious transactions linked to Epstein, a convicted sex offender. This oversight, according to the report, hindered law enforcement's ability to...
JPMorgan Chase is stepping up its game in the online investing world. The bank is all set to introduce new features in its mobile app. These features will allow users to research and buy bonds and brokered CDs. This move is part of a bigger plan to attract investors who trade a few times a month. The bank's chief executive, Jamie Dimon, recently spoke about this at ...
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...
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...
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...