Kentucky passed a law targeting banks and their climate policies. Bankers sued the attorney general. Whose definition of investment risk should prevail?
Category: JPMorgan Chase & Company
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Top Banker Talked of Young Women With Jeffrey Epstein, Court Filing Says
Jes Staley, a former top executive at JPMorgan, is under scrutiny in a U.S. Virgin Islands case over his ties to the disgraced financier.
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FTX Negotiates for Return of $400 Million From Obscure Hedge Fund
The founders of the trading firm Modulo Capital are in talks with FTX about returning the investment that Sam Bankman-Fried made in the fund.
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Beyond Silicon Valley, Spending on Technology Is Resilient
Despite an uncertain outlook, corporations plan to continue investing in their digital projects — a source of stability for the economy.
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JPMorgan Paid $175 Million for a Business It Now Says Was a Scam
Charlie Javice promised to simplify the college financial aid process. It was a compelling pitch. Especially, as now seems likely, to those with little firsthand knowledge of financial aid.
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JPMorgan Sets Aside Money for Bad Debts as ‘Mild Recession’ Looms
The bank, the biggest in the United States, reported a large profit in its latest quarter, but said it was girding for a downturn later in the year.
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Tensions with Virgin Islands Governor Over Epstein Led to Attorney General’s Firing
Denise George, who led a three-year investigation into the activities of Jeffrey Epstein, was fired recently.
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As Silicon Valley Retrenches, a Tech Talent Shift Accelerates
Most tech jobs are now in mainstream industries like health care, banking and retail, which are increasingly in need of workers with digital skills.
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US Virgin Islands Sues JPMorgan Over Jeffrey Epstein Sex Trafficking Scheme
A lawsuit says the bank helped conceal the exploitation of women and girls by the convicted sex offender Jeffrey Epstein.
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For Many Wall Street Bankers, This Year’s Bonus Season Is a Bust
There were fewer mergers and public listings this year, shrinking investment banking revenue. For bankers, that means a smaller pot of money for bonuses.
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Zelle Fraud Victims Are in Line to Receive Reimbursements
A rule change planned for early next year would shift liability for some losses onto the banks, not their customers.