JPMorgan Chase settles Jeffrey Epstein sex trafficking suit by U.S. Virgin Islands for $75 million
JPMorgan Chase said Tuesday it will pay $75 million to settle a lawsuit by the U.S. Virgin Islands alleging that…
Dimon warns that the Fed could still raise interest rates sharply from here
JPMorgan Chase CEO Jamie Dimon is warning that interest rates could go up quite a bit further as policymakers face…
‘We have dealt with recessions before’: Jamie Dimon says geopolitics is the world’s biggest risk
JPMorgan Chase CEO Jamie Dimon says geopolitics after Russia’s invasion in Ukraine is the biggest risk, larger than high inflation…
JPMorgan legal fees in Jeffrey Epstein sex traffic cases near $14 million, former exec reveals
JPMorgan Chase has racked up nearly $14 million in legal fees defending itself against two lawsuits alleging it abetted the…
Stocks making the biggest moves midday: Instacart, Steelcase, Klaviyo and more
Check out the companies making headlines in midday trading. Instacart — Instacart shares fell nearly 11% one day after going…
Morgan Stanley kicks off generative AI era on Wall Street with assistant for financial advisors
Morgan Stanley has officially kicked off the generative AI era on Wall Street. The bank plans to announce Monday that…
JPMorgan Chase to offer online payroll services as it steps up fight with Square, PayPal
JPMorgan Chase is stepping up its appeal to small business customers by planning to offer digital payroll processing, CNBC has…
Citigroup CEO Jane Fraser reorganizes businesses, cuts jobs as bank is mired in stock slump
Citigroup CEO Jane Fraser announced a corporate reorganization Wednesday, saying the move would cut down management layers and accelerate decisions.…
Goldman Sachs is in the spotlight as tech firms Arm and Instacart test IPO market
The return of large tech IPOs this week after a prolonged drought isn’t just a test of investors’ appetite for…
Jamie Dimon says it’s a ‘huge mistake’ to think economy will boom with so many risks out there
JPMorgan Chase CEO Jamie Dimon said Monday that while the U.S. economy is doing well, it would be a “huge…
