Charlie Javice, who once ranked in Forbes list, defrauded America's largest bank JPMorgan Chase of $175 millionCharlie Javice, founder of Frank, was sentenced to 85 months in prison for defrauding JPMorgan Chase in a $175 million acquisition. She dra...
30 Sep, 2025, 06.02 PM IST
PacWest, Western Alliance shares tumble as US regional bank fears persistJPMorgan Chase agreed on Monday to acquire a majority of First Republic's assets in a $10.6 billion deal after regulators seized the lender...
03 May, 2023, 08.11 AM IST
Hours after hiring announcement, JPMorgan lays off hundreds of employeesEarlier in the day, JPM said it plans to hire more than 500 bankers catering to small businesses through 2024, boosting the bank's workforc...
09 Feb, 2023, 08.29 AM IST
Wall Street banks stockpile funds for possible recession, show resilience"The U.S. economy currently remains strong with consumers still spending excess cash and businesses healthy," said Chief Executive Officer ...
13 Jan, 2023, 07.57 PM IST
JPMorgan Chase has an Elizabeth Holmes-kinda situation: Bank claims entrepreneur Charlie Javice duped it into buying $175 mn start-upThe bank says that Javice created 4 mn fake users to increase Frank's credibility when she sold it in 2021.
13 Jan, 2023, 04.12 PM IST
JP Morgan eyes collaborations in fintech space in India, says global CIO Lori BeerBeer manages close to $14 billion of technology expenditures for the $121-billion financial services behemoth that is also the largest bank...
30 Nov, 2022, 05.33 AM IST
Big reshuffle at JP Morgan: India CEO Madhav Kalyan moves to an Asia roleJP Morgan is aiming to gain higher footprint in local corporate lending and mergers and acquisitions as Indian becomes the fastest growing ...
17 Oct, 2022, 01.21 PM IST
Brian Moynihan denies Jamie Dimon's economic predictionJamie Dimon, the CEO of JP Morgan, issued a warning to everyone about the current state of the economy. Dimon's warning was disregarded by ...
02 Jun, 2022, 06.12 PM IST
World’s biggest ETF lures $9.8 billion in a day on vaccine hopeState Street’s SPDR S&P 500 ETF Trust (SPY) just added $9.8 billion in a single day, according to data compiled by Bloomberg. That was the ...
10 Nov, 2020, 08.27 PM IST
JPMorgan Chase appoints three new MDsThe bank implemented those promotions effective from July 1.
06 Jul, 2020, 09.29 PM IST
Product-driven teams require tech to be embedded in their way of thinking: Lori Beer, CIO, JP Morgan ChaseThe way we work is changing into much more agile, product-driven teams and that requires technology to be deeply embedded in our way of thi...
28 Jan, 2020, 06.16 PM IST
JPMorgan races to add rescue financier to slew of WeWork rolesJPMorgan funds are among We Co.’s largest shareholders, trailing only SoftBank Group Corp., the company’s co-founders and venture capital g...
15 Oct, 2019, 05.57 PM IST
Homes across the country, businesses other than Amazon: What else will the Bezos-divorce affect?Amazon is not all that contributes to Bezos’s growing fortune.
12 Jan, 2019, 01.02 PM IST
Fake and bad news depressing marketsThe benchmark stock index sank 4.6 per cent in the latest week, to 2,633 points
10 Dec, 2018, 09.36 AM IST
Negotiations over Brexit will take years, says CEO of JPMorgan Jamie DimonCEO of JPMorgan, just sent a memo, as seen by Business Insider, to all staff at the investment bank across the world about what it plans to...
25 Jun, 2016, 07.04 AM IST
- JPMorgan loss may lead to more Federal Reserve scrutiny of risk management
JPMorgan Chase's (JPM) trading position that led to a $2-billion loss may call for increased Federal Reserve scrutiny of risk management.
14 May, 2012, 03.01 AM IST
- Analysts forecast 57% jump in US bank earnings including Bank of America
Analysts' failure to foresee declining earnings per share for the biggest US banks last year hasn't stopped them from predicting an even bi...
05 Jan, 2012, 01.22 AM IST