Tag: Jamie Dimon

• Tuesday, May 30th 2023 - 10:15 UTC

  CEO of US top bank JP Morgan linked with convicted sex offender Jeffrey Epstein

  

  The CEO of one of the largest global banks and consultant of politicians and lawmakers, Jamie Dimon has provided a formal statement in two lawsuits over ties between the US JP Morgan bank and convicted sex offender Jeffrey Epstein.

• Thursday, November 19th 2020 - 09:01 UTC

  “US politicians are behaving like children,” JP Morgan Chase CEO

  

  U.S. politicians are behaving like children by not passing a new stimulus bill that could help Americans whose income has been wiped out by the coronavirus pandemic, JPMorgan Chase & Co Chief Executive Jamie Dimon said on Wednesday at a New York Times conference.

• Friday, February 15th 2019 - 08:54 UTC

  JP Morgan breaks ground and creates a crypto-currency, JPM Coin

  

  US investment bank JP Morgan has created a crypto-currency to help settle payments between clients in its wholesale payments business. JPM Coin is the first digital currency to be backed by a major US bank.

• Wednesday, November 20th 2013 - 04:38 UTC

  JP Morgan agrees to pay record 13bn settlement for misleading investors

  

  US bank JP Morgan has agreed to a record 13 billion dollars settlement with US regulators for misleading investors during the housing crisis. It is the largest settlement ever between the US government and a corporation. The bank acknowledged it made “serious misrepresentations to the public”, but said it did not violate US laws.

• Friday, September 20th 2013 - 20:58 UTC

  JP Morgan-Chase pays hefty fine in the US and UK; former staff face criminal charges

  

  US bank JP Morgan Chase has agreed to pay four regulators 920 million dollars relating to a 6.2bn loss incurred as a result of the “London Whale” trades. The settlement is the third biggest banking fine by US regulators, and the second largest by UK regulators. As part of the deal JP Morgan admitted violating US federal securities laws.

• Wednesday, January 25th 2012 - 21:07 UTC

  Merkel asks business leaders to give policy makers “needed space” to tackle Euro crisis

  

  German Chancellor Angela Merkel appealed to business leaders at the World Economic Forum to give policy makers the space they need to tackle the debt crisis, pledging that Europe will pull together and restore confidence.