JPMorgan CEO Jamie Dimon testifies he had no involvement with Jeffrey Epstein account, bank says

[ad_1] JPMorgan Chase CEO Jamie Dimon talks to reporters as he leaves the U.S. Capitol after an unannounced meeting with U.S. Senate Majority Leader Schumer that was reportedly about the possibility of the U.S. defaulting on its debt, outside the U.S. Capitol in Washington, May 17, 2023. Evelyn Hockstein | Reuters JPMorgan Chase CEO Jamie … Read more

Deutsche Bank agrees to pay $75 million to Jeffrey Epstein victims to settle lawsuit

[ad_1] Jonathan Raa | Nurphoto | Getty Images Deutsche Bank agreed to pay $75 million to victims of sex predator Jeffrey Epstein to settle a federal lawsuit accusing the bank of enabling and benefitting from its customer’s sex trafficking of young women, sources told CNBC on Wednesday night. The bombshell deal still leaves JPMorgan Chase … Read more

Jamie Dimon says it’s ‘unlikely’ that JPMorgan Chase will acquire another struggling bank

[ad_1] Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of the Nations Largest Banks, in Hart Building on Sept. 22, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images JPMorgan Chase CEO Jamie Dimon said Tuesday that it’s not likely his bank … Read more

Deposition of JPMorgan CEO Dimon in Jeffrey Epstein lawsuits set for late May, source says

[ad_1] Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, D.C., US, on Thursday, Sept. 22, 2022. Al Drago | Bloomberg | Getty Images JPMorgan Chase CEO Jamie Dimon will be deposed in late May over two days for civil … Read more

Stock futures are down slightly as investors prepare for Fed meeting: Live updates

[ad_1] Traders work on the floor of the New York Stock Exchange (NYSE) on February 27, 2023 in New York City. Spencer Platt | Getty Images Stock futures are modestly lower Monday night as investors prepared for the Federal Reserve’s May policy meeting to kick off. Futures tied to the Dow Jones Industrial Average slipped … Read more

JPMorgan Chase posts record revenue on higher interest rates; shares jump 7%

[ad_1] JPMorgan Chase posted record first-quarter revenue on Friday that topped analysts’ expectations as net interest income surged almost 50% from a year ago on higher rates. Here’s what the company reported: Adjusted earnings: $4.32 per share vs. $3.41 per share Refinitiv estimate Revenue: $39.34 billion, vs. $36.19 billion The bank said profit jumped 52% … Read more