All articles tagged with #jpmorgan
Originally Published 2 days ago — by Reuters
U.S. banks, especially JPMorgan, are considering re-entering Venezuela's market due to potential opportunities in oil and infrastructure, despite ongoing sanctions and political instability, with JPMorgan potentially leveraging its historical presence and existing infrastructure in the country.
Originally Published 6 days ago — by CNBC
JPMorgan has launched 'Special Advisory Services' to share its expertise on topics like AI and cybersecurity with select clients, aiming to enhance long-term relationships and provide insights comparable to top consulting firms, initially offered free of charge with potential fees for ongoing projects.
Originally Published 11 days ago — by Fortune
JPMorgan claims Charlie Javice's legal bills, totaling $74 million, include excessive charges for attendance and unnecessary expenses during her fraud trial, and is seeking to recover disputed costs and end future payments, amid allegations of abuse and billing misconduct by her law firms.
Originally Published 13 days ago — by CNBC
Retail investors are moving away from traditional 60/40 investment funds, according to JPMorgan, and are exploring alternative investment strategies.
Originally Published 17 days ago — by Yahoo Finance
JPMorgan has named AT&T as its top telecom pick for 2026, citing a 35% upside potential and a high dividend yield of 4.5%, despite recent share declines due to industry competition and market rotation. The company remains operationally strong with growth in wireless and fiber services, making it a compelling long-term investment for income-focused investors.
Originally Published 19 days ago — by Fortune
Charlie Javice, convicted of fraud related to her startup Frank, is facing a $74 million legal bill paid by JPMorgan, which includes expenses like gourmet food and extensive legal fees for her defense, despite her conviction and ongoing legal disputes over the costs. The case highlights the high legal expenses involved in corporate fraud cases and the complexities of contractual obligations for legal fees.
Originally Published 21 days ago — by Financial Times
JPMorgan Chase was aware of serious accounting weaknesses at Tricolor Holdings for over a year before its September collapse, which involved double-pledged loans and inflated balance sheets. The company filed for bankruptcy shortly after investigations revealed financial misconduct, including a scheme to inflate collateral and personal expenses by its CEO, leading to legal actions and JPMorgan taking a $170 million charge.
Originally Published 26 days ago — by Financial Times
JPMorgan has withdrawn $350 billion from the Federal Reserve to purchase U.S. Treasuries, indicating a significant shift in its investment strategy amidst evolving financial market conditions.
Originally Published 2 months ago — by Bloomberg.com
Tricolor Auto, a used-car business heavily financed by JPMorgan and focused on underserved communities, collapsed amid allegations of loan fraud, asset misvaluation, and financial mismanagement, leading to its bankruptcy and raising concerns about risks in the subprime auto industry and the broader credit market.
Originally Published 2 months ago — by The New York Times
Jamie Dimon, CEO of JPMorgan Chase, reached out to mayor-elect Zohran Mamdani to keep communication open, despite previous criticisms of his policies. Dimon expressed hope that Mamdani would grow into the role and emphasized the importance of New York City remaining competitive, while also discussing issues like income inequality and city business trends.
Originally Published 2 months ago — by Financial Times
JPMorgan Chase disclosed that it is under investigation by US authorities regarding its alleged debanking practices, raising concerns about banking conduct and regulatory oversight.
Originally Published 2 months ago — by Yahoo Finance
A surge in tax refunds is expected in 2026 due to retroactive tax cuts from 2025, potentially increasing average refunds by $557, which could impact the US economy, though uncertainties remain due to political and fiscal issues.
Originally Published 2 months ago — by TipRanks
JPMorgan is implementing AI technology for employee reviews, highlighting that the impact of AI in the corporate world is just beginning to unfold, with potential for significant future developments.
Originally Published 2 months ago — by Fortune
JPMorgan Chase is contesting the $115 million legal bill incurred by convicted fraudsters Charlie Javice and Olivier Amar, arguing that their lawyers are engaging in excessive billing and treating the legal process like a 'blank check,' which the bank believes should be halted to prevent further financial harm.
Originally Published 2 months ago — by businessinsider.com
JPMorgan is disputing a court order requiring it to pay over $115 million in legal fees for Charlie Javice, who was convicted of fraud related to her startup sale, arguing that the fees are excessive and abusive, and seeking to stop further payments as Javice appeals her conviction.