Category: Dimon, James

JPMorgan Seeks to Settle Lawsuit by Jeffrey Epstein Victims

After weeks of embarrassing disclosures, the Wall Street giant reached a tentative settlement with the convicted sex offender’s victims.
JPMorgan Reaches Settlement With Epstein’s Victims

The proposed deal would settle a suit on behalf of victims who were sexually abused by Jeffrey Epstein, over claims the bank ignored warnings about him.
Apple Bets the Vision Pro Can Take the Metaverse Mainstream

The iPhone maker is making a bold bet that it can redefine the niche category of virtual reality with its $3,500 goggles.
Saudi Arabia Cuts Oil Production to Boost Prices

Brent crude rose on Monday after the world’s biggest oil producer announced it would be the lone OPEC Plus member to cut production next month.
Markets Rise as Debt Ceiling Deal Moves to the Senate

Global markets edged higher as the prospect of the United States defaulting on its debt grows more remote.
JPMorgan’s Dimon Denied Having Any Contact With Jeffrey Epstein

JPMorgan is being sued over its dealings with Mr. Epstein. In a deposition, Jamie Dimon, the bank’s chief executive, said he had barely heard of the disgraced financier.
Reassessing Engine No. 1’s Fight Against Exxon Mobil

As investors press Exxon Mobil on climate issues, activists say that a hedge fund’s eco-focused victory over the oil giant two years ago has achieved little.
Jamie Dimon to be Deposed as JPMorgan Faces Reckoning for Epstein Ties

Two lawsuits claim that the nation’s largest bank ignored signs about Jeffrey Epstein’s sex trafficking because it was profiting from its relationship with him.
An A.I.-Generated Picture Stokes a Stock Market Plunge

A stock sell-off driven by a since-debunked picture underscored fears about how artificial intelligence could be used for nefarious purposes with big consequences.
JPMorgan’s Succession Plans for Jamie Dimon May Weigh on Investors

Revelations about rivals’ plans may prompt the bank’s shareholders to ask about who will replace Jamie Dimon at an annual investor gathering on Monday.
Calls to Investigate Short Sellers Intensify as Bank Crisis Deepens

Jamie Dimon is the latest to urge action against the traders who have targeted the regional lenders and made huge profits.
PacWest’s Plunge Reignites Fears About America’s Regional Banks

The regional lender said it is weighing its options, after its shares fell despite assertions by the Federal Reserve that the recent bank crisis is contained.