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JPMorgan Chase & Co

AI startup founder pumped revenue to defraud venture investors

by Ev Richard
AI startup founder pumped revenue to defraud venture investors

U.S. Attorney for the Southern District of New York Damian Williams speaks during Martin Luther King Jr. Day at the National Action Network House of Justice headquarters. Lev Radin | …

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Categories Technology

Record Keeping Failures Result in $549 Million Fine for Wells Fargo and Other Wall Street Banks

by Craig Fedirighi
Record Keeping Failures Result in 9 Million Fine for Wells Fargo and Other Wall Street Banks

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler, testifies before the Senate Banking, Housing and Urban Affairs Committee during an oversight hearing on Capitol Hill in Washington, September 15, …

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Categories Business

The Economy and Financial Markets are Distinct Entities

by Adrian Jhonsan
The Economy and Financial Markets are Distinct Entities

A ‘help wanted’ sign is displayed in a window of a store in Manhattan on December 2, 2022 in New York City. Spencer Platt | Getty Images This report is …

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Categories World

Goldman Sachs CEO, David Solomon, Places Bet on Asset Management

by Craig Fedirighi
Goldman Sachs CEO, David Solomon, Places Bet on Asset Management

David Solomon, Chairman and CEO of Goldman Sachs, recently participated in a panel discussion at the annual Milken Institute Global Conference in Beverly Hills, California. Goldman Sachs, known for its …

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Categories Business

JPMorgan retreats from recession prediction despite significant risks.

by Adrian Jhonsan
JPMorgan retreats from recession prediction despite significant risks.

JPMorgan Chase economists on Friday bailed on their recession call, joining a growing Wall Street chorus that now thinks a contraction is no longer inevitable. While noting that risks are …

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Categories World

Florida State University enlists JPMorgan’s assistance in identifying potential investors

by Craig Fedirighi
Florida State University enlists JPMorgan’s assistance in identifying potential investors

The Westcott Building on the campus of Florida State University, Tallahassee, Florida. Education Images | Universal Images Group | Getty Images Florida State University has been working with JPMorgan as …

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Categories Business

JPMorgan brand hit by Jeffrey Epstein lawsuits, says Dimon

by James Odonell
JPMorgan brand hit by Jeffrey Epstein lawsuits, says Dimon

Jamie Dimon, CEO of JPMorgan Chase speaking with CNBC’s Leslie Picker in Bozeman, MT on Aug. 2nd, 2023. CNBC JPMorgan Chase CEO Jamie Dimon told CNBC on Wednesday that lawsuits …

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Categories Politics

Jamie Dimon, CEO of JPMorgan, criticizes Fitch’s U.S. downgrade as ‘absurd’

by Adrian Jhonsan
Jamie Dimon, CEO of JPMorgan, criticizes Fitch’s U.S. downgrade as ‘absurd’

The Fitch Ratings downgrade of the United States’ long-term credit rating ultimately doesn’t matter, JPMorgan Chase CEO Jamie Dimon told CNBC on Wednesday. “It doesn’t really matter that much” because …

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Categories World

Share sale cancellation by Country Garden leads to slump in China property stocks

by Adrian Jhonsan
Share sale cancellation by Country Garden leads to slump in China property stocks

Country Garden canceled its share placement shortly after midnight, a report by IFR revealed, citing bookrunner JPMorgan. Future Publishing | Future Publishing | Getty Images Hong Kong-listed shares of Country …

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Categories World

Analysts remain cautious but find glimmers of hope in Intel earnings

by Ev Richard
Analysts remain cautious but find glimmers of hope in Intel earnings

Intel reported stronger-than-expected results for the second quarter on Thursday evening, beating on the top and bottom lines. It was a welcome glimmer of hope for analysts and investors, as …

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Categories Technology
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