jpmorgan chase
JPMorgan tries to get off hook for $115M in legal bills for cons who scammed them out of $175M
Charlie Javice’s team of lawyers across five law firms have billed JPMorgan approximately $60.1 million in legal fees, according to a filing.
Why Wall Street isn't celebrating after Zohran Mamdani's thrashing in final debate
The CEOs of the city's major financial companies have resigned themselves to "Maoist Mamdani."
Wall Streeters poised to get record bonuses in 2025 with profits exceeding $60B: NY comptroller
The New York State Comptroller predicted industry profits could exceed $60 billion in 2025 if current trends continue
Warner Bros. Discovery launches formal auction as it seeks bidding war for media giant: sources
Warner Bros. Discovery has launched a formal auction of the media giant, with bankers at JPMorgan and Allen & Co. combing through expressions of interest from multiple suitors – including...
Rise & shine: Why massive new Manhattan office towers are breaking ground now
The blocking dead: NYC's "zombie" buildings are rising from the ground in sales.
JPMorgan profits surge as bank cashes in on boom in trading, dealmaking
Dimon added that the US economy remained resilient, although he pointed to "signs of softening, particularly in job growth."
JPMorgan to invest $10B in areas 'critical' to US national security amid trade tensions with China
The initiative, announced Monday, is part of a 10-year plan to finance and facilitate $1.5 trillion in projects spanning defense, energy.
Connecticut governor warns Wall Street at risk if Mamdani wins NYC mayor's race
Lamont acknowledged concerns from the finance industry about Mamdani in an interview with Bloomberg Television at the Greenwich Economic Forum earlier on Tuesday.
Jamie Dimon says JPMorgan spends $2B a year on AI – and still breaks even
“We know that it’s got to billions of cost savings and I think it’s the tip of the iceberg,” Dimon said during a Bloomberg TV interview Tuesday.
JPMorgan foots $115M tab of legal bills for scammers who swindled bank out of $175M: report
By comparison, Theranos fraudster Elizabeth Holmes spent around $30 million on attorneys before she was sentenced to years behind bars.
Fifth Third buying Comerica for nearly $10B as regional banks aim to take on JPMorgan
The buyout will create the 9th largest US bank with approximately $288 billion in assets.
With Wall Street jobs fleeing, New York is nearing the point of no return
Indeed, local government is more dependent on Wall Street than ever — because other industries have already fled more completely.
Scammer sobs in court as she's sentenced to 7 years in prison for swindling JPMorgan out of $175 million
“I let down those who trusted me. These errors, this complete collapse of character, is its own sentence," Javice told a Manhattan federal judge.
Feds demand 12-year prison sentence for fintech founder after defrauding JPMorgan out of $175M
In a blistering filing late Monday, prosecutors called Javice’s scheme “audacious” and blasted her last-minute apology as “hollow.”
Fraudster who scammed JPMorgan out of $175M invokes Holocaust survivor grandmother in letter to judge
Javice, 33, was convicted in March of securities fraud, wire fraud, bank fraud and conspiracy after Manhattan jury found she fabricated customer data.
Why JPMorgan paid off Jeffrey Epstein after 2008 financial crisis
Epstein placed more than $57 million of his cash into something called the "Bear Stearns High-Grade Structured Credit Strategies Enhanced Leverage hedge fund," On the Money has learned.
JPMorgan CEO Jamie Dimon warns US economy is 'weakening' after jobs revision
The head of the nation's largest bank said the "big revision" pointed to stuttering US growth.
JPMorgan processed $1 billion for Jeffrey Epstein, kept him as client despite sex-trafficking indictment: report
Epstein was a prized JPMorgan client with over $200 million in his accounts, generating millions in revenue, according to the New York Times.
Take the nuclear option: Let Mamdani win the mayoral race so NYC can start over from scratch
As alarm bells ring over the New York City mayoral race, an odd sentiment is starting to gain traction across the business community: Just give up.
Big banks defeat antitrust lawsuit in US over bond trades
Investors accused Bank of America, Barclays, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, JPMorgan Chase, Morgan Stanley, NatWest, and Wells Fargo of overcharging them by billions of dollars since 2006 on "odd-lot" trades.