JPMorgan Chase

Startup founder convicted of defrauding JPMorgan Chase of $175M by faking firm's success

8:55am March 29, 2025

Charlie Javice, whose startup claimed to be revolutionizing the way college students apply for financial aid, was convicted of defrauding the banking giant by exaggerating her customer base tenfold.

President Trump Delivers Remarks At Business Roundtable Quarterly Meeting

Why CEOs are calm about tariffs in public — but 'very discouraged' in private

5:00am March 14, 2025

Business leaders are trying to engage in a delicate diplomacy with the White House — even as their companies brace for the impact of market volatility and tariffs.

Queue Listen Now

Jeffrey Epstein Accuser Sues JPMorgan Chase

JPMorgan Chase is suing customers over 'infinite money glitch' ATM scam

5:04pm October 29, 2024

JPMorgan Chase is filing lawsuits against customers who exploited a viral technical glitch this summer that allowed people to pull huge amounts from Chase ATMs.

Lawsuits over big banks' role in Jeffrey Epstein's sex-trafficking ring have now secured hundreds of millions of dollars in settlements. Here, a photo shows a Federal Bureau of Prisons page for Epstein, part of a trove of documents obtained by the Associated Press this month.

National

Epstein accuser Jane Doe 1 reaches $290 million settlement with JPMorgan Chase

4:34pm June 12, 2023

JPMorgan agreed to the settlement on the same day a federal judge granted class-action status to the lawsuit, saying the number of plaintiffs involved could be "well over 100 people."

Chairman and CEO of JPMorgan Chase & Co. Jamie Dimon testifies during a hearing before the House Committee on Financial Services at Rayburn House Office Building on Capitol Hill on Sept. 21, 2022.

Economy

It's almost impossible to find a CEO who isn't bracing for a recession

7:58am October 14, 2022

by David Gura

Nearly all the chief executives in a new survey — 98% — say they're getting their ducks in a row for an impending economic downturn in the United States.

Queue Listen Now

Job cuts are rolling in. Here's who is feeling the most pain so far

5:45am June 29, 2022

by David Gura

Tesla, JPMorgan, Netflix, Redfin and Coinbase are among companies that are cutting jobs. While layoffs are contained to the hottest parts of the economy, there's fear they could spread elsewhere.

Queue Listen Now

Goldman Sachs says it's winding down its operations in Russia, Wall Street's first major departure from the country.

World News

Wall Street banks Goldman Sachs and JPMorgan Chase are pulling out of Russia

5:23pm March 10, 2022

by Rachel Treisman

Goldman Sachs says it's "winding down its business in Russia in compliance with regulatory and licensing requirements," two weeks after the country first invaded Ukraine.

Walmart is no longer requiring employees to wear masks unless they are mandated by local regulations.

Amazon, Walmart and JPMorgan Chase among companies relaxing employee mask mandates

11:00am February 15, 2022

by Anthony Tellez

As several states relax mask mandates, U.S. companies are easing up their own rules.

"We still face much uncertainty regarding the future path of the economy," JPMorgan Chase CEO Jamie Dimon said Tuesday in a statement accompanying the giant bank's financial results.

Economy

'We Still Face Much Uncertainty': Pandemic Hammers Big Banks

12:56pm July 14, 2020

The dramatic collapse of the U.S. economy is pummeling America's largest banks. Wells Fargo has posted its first quarterly loss since 2008 and JPMorgan Chase has set aside billions to cover bad loans.

Queue Listen Now

JPMorgan Chase CEO Jamie Dimon says the coronavirus pandemic will have devastating consequences for the global economy.

Economy

Jamie Dimon Warns 'A Bad Recession' Is Coming

10:04am April 07, 2020

by Jim Zarroli

In a letter to shareholders, the JPMorgan Chase CEO applauds the government and the Fed for quick work, but says the pandemic will have devastating consequences for the global economy.