JPMorgan dealt with funds from Jeffrey Epstein after he was a consumer, USVI says

Jeffrey Epstein attends Launch of RADAR MAGAZINE at Resort QT on Could 18, 2005. Patrick McMullan | Getty Pictures JPMorgan Chase dealt with greater than $1.1 million in funds from Jeffrey Epstein to “ladies or girls” after the enormous financial institution says it fired the intercourse offender as a consumer, a lawyer for the U.S. … Read more

JPMorgan, Citi, Goldman reduce China GDP forecast a couple of occasions this yr

Staff load items for export onto a crane at a port in Lianyungang, Jiangsu province, China June 7, 2019. Reuters BEIJING – Worldwide funding corporations have modified their China GDP forecasts almost each month up to now this yr, with JPMorgan making six changes since January. That is in response to CNBC evaluation of the … Read more

JPMorgan settles with Epstein sufferer

JPMorgan Chase mentioned Monday it has reached a settlement with one among late sexual predator Jeffrey Epstein’s victims, who had been suing the financial institution in federal court docket. The financial institution’s litigation with the U.S. Virgin Islands within the Epstein matter stays, nonetheless. Its claims towards former government Jes Staley, who was pals with … Read more

JPMorgan raises 2024 GDP forecast for India, however says headwinds stay

JPMorgan elevated its 2024 financial forecast for India — however solely marginally — saying the nation’s development can be affected by a slowdown in world development momentum.  The funding financial institution raised its 2024 development forecast from 5% to five.5%. The revision follows the newest gross home product knowledge this week which confirmed the Indian … Read more

JPMorgan Chase reduce about 500 tech and ops jobs

JPMorgan Chase & Co. headquarters in New York, US, on Wednesday, Jan. 18, 2023. Gabby Jones | Bloomberg | Getty Photos JPMorgan Chase reduce about 500 positions this week, largely amongst know-how and operations teams, in line with folks with information of the transfer. The cuts have been unfold throughout the New York-based agency’s important … Read more

JPMorgan workers describe rising ‘paranoia’ as the corporate tracks their workplace attendance, calls, calendars, and extra — with one employee even putting in a ‘mouse jiggler’ to evade ‘Huge Brother’

JPMorgan Chase CEO Jamie Dimon. Workers on the financial institution say suspicion and concern are swirling over the agency’s data-collection efforts.KENA BETANCUR/Getty Pictures JPMorgan has developed a strong data-collection instrument to watch its workers, dubbed WADU. Workers at America’s largest financial institution concern what the info assortment might imply for his or her jobs. One … Read more

Elon Musk faces subpoena in Jeffrey Epstein lawsuit towards JPMorgan

Electrical automotive maker Tesla CEO Elon Musk meets with French Minister for the Economic system and Funds Bruno Le Maire on the sidelines of the sixth version of the “Select France” Summit on the Chateau de Versailles, outdoors Paris on Could 15, 2023. Ludovic Marin | Pool | By way of Reuters The U.S. Virgin … Read more

Decide warns JPMorgan Chase in Jeffrey Epstein proof problem

A New York federal decide warned JPMorgan Chase that he would possibly discover the financial institution in contempt of courtroom if it doesn’t velocity up in producing proof associated to late sexual offender and cash supervisor Jeffrey Epstein for lawsuits by an Epstein accuser and the federal government of the U.S. Virgin Islands, CNBC has … Read more