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Judge Approves JPMorgan’s $290 Million Settlement With Epstein Victims

Banking and Financial Institutions Compensation for Damages (Law) Epstein, Jeffrey E (1953- ) Human Trafficking JPMorgan Chase & Company Rakoff, Jed S Sex Crimes Suits and Litigation (Civil) Virgin Islands (US)

Judge Approves JPMorgan’s $290 Million Settlement With Epstein Victims

The nation’s largest bank was sued for ignoring red flags about Jeffrey Epstein’s sex-trafficking operation while he was a client.

By Matthew Goldstein

Why Banks Are Suddenly Closing Down Customer Accounts

Banking and Financial Institutions Checks and Checking Accounts Credit Cards Customer Relations Frauds and Swindling JPMorgan Chase & Company Money Laundering Personal Finances

Why Banks Are Suddenly Closing Down Customer Accounts

Surprised individuals and small-business owners can’t pay rent or make payroll, and no one ever explains what they did wrong.

By Ron Lieber and Tara Siegel Bernard

Jamie Dimon Warns of ‘Most Dangerous Time in Decades’ as Banks Report Big Profits

Banking and Financial Institutions Company Reports Dimon, James Inflation (Economics) Israel-Gaza War (2023- ) JPMorgan Chase & Company Scharf, Charles W Wells Fargo & Company

Jamie Dimon Warns of ‘Most Dangerous Time in Decades’ as Banks Report Big Profits

JPMorgan Chase and Wells Fargo said that consumers continued to borrow and spend, but their chiefs warned that risks were intensifying.

By Rob Copeland and Stacy Cowley

JPMorgan Settles Epstein Suits With U.S. Virgin Islands and James Staley

Compensation for Damages (Law) Epstein, Jeffrey E (1953- ) Human Trafficking JPMorgan Chase & Company Suits and Litigation (Civil) Virgin Islands (US)

JPMorgan Settles Epstein Suits With U.S. Virgin Islands and James Staley

The bank agreed to pay $75 million to settle with the U.S. Virgin Islands and also reached a confidential settlement with a former top banker who pushed to keep the disgraced financier as a client.

By Matthew Goldstein