Category: JPMorgan Chase & Company

How Will Charlie Javice Teach Pilates in an Ankle Monitor?

Convicted of fraud and facing the possibility of decades in prison, Charlie Javice was concerned about how a monitoring device would affect her job.
Charlie Javice Found Guilty of Defrauding JPMorgan in $175 Million Acquisition

Federal prosecutors convinced a jury that Ms. Javice faked much of her customer list before selling her start-up, Frank, to the bank.
India Is on a Hiring Binge That Trump’s Tariffs Can’t Stop

An abundance of motivated young professionals is luring American businesses to base their global operations in Indian cities.
Trump Says US Banks Can’t Do Business in Canada. It’s Not That Simple.

President Trump has complained that American banks are restricted from operating in Canada. They can, but are hamstrung.
CFPB Drops Lawsuit Against Banks Over Zelle Scams

A spokeswoman for the payment app’s parent company said the lawsuit against three large banks was “without merit, and legally and factually flawed.”
Target to End D.E.I. Policies as Trump Threatens Companies

The retailer joins a growing group of companies dropping commitments and policies on diversity and equity as President Trump fights the programs.
Debanking, and the Diss Heard Around Davos

President Trump’s accusation that Bank of America’ dropped conservatives as clients serves as a reminder C.E.O.s may face unexpected attacks by the White House.
Trump Lashes Out at Bank of America Over Treatment of Conservatives

The president revived Republican criticisms over purportedly politically motivated “debanking,” or closing of customer bank accounts.
Big Banks Quit Climate Change Groups Ahead of Trump’s Term

Several large U.S. financial institutions, including the Federal Reserve, have withdrawn from the networks after years of growing political and legal pressure.
JPMorgan Chase, Wells Fargo and Goldman Sachs Report Big Profits

The largest banks, including JPMorgan Chase, Wells Fargo and Goldman Sachs, reported bumper profits on Wednesday.
JP Morgan Names Jenn Piepszak C.O.O. Succeeding Daniel Pinto

Jennifer Piepszak will become chief operating officer of JPMorgan this summer, and signaled she would not seek the chief executive’s job. The current C.O.O., Daniel Pinto, plans to retire.
Wall St. Is Minting Easy Money From Risky Loans. What Could Go Wrong?

Everyone from Jamie Dimon to the International Monetary Fund is ringing alarms about the shadowy world of private credit. But the money keeps rolling in.