JPMorgan

The Securities and Exchange Commission fined the broker-dealer subsidiary of JPMorgan Chase $4 million for accidentally deleting about 47 million emails from early 2018, according to an administrative order Thursday.Some of those deleted emails were sought by subpoenas in at least a dozen regulatory investigations, but could no longer be retrieved, the SEC order against J.P. Morgan Securities LLC noted.Others "could relate to potential future investigations, legal matters and regulatory inquiries," the order said.The…

JPMorgan has made a strategic investment in Cleareye.ai, a financial technology firm focused on trade finance, the companies said on Tuesday. The parties, which entered into a commercial partnership last September, did not provide the financial terms of the transaction. Trade finance refers to financial products offered by banks and other institutions that seek to facilitate global trade by reducing counterparty risk between importers and exporters. Cleareye.ai operates a platform that it claims can expedite trade…

The lawsuit alleged the financial institution facilitated Jeffrey Epstein’s sex-trafficking operation. The lawsuit alleged the financial institution facilitated Jeffrey Epstein’s sex-trafficking operation. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the…

Bob Michele, Managing Director, is the Chief Investment Officer and Head of the Global Fixed Income, Currency & Commodities (GFICC) group at JPMorgan.CNBCTo at least one market veteran, the stock market's resurgence after a string of bank failures and rapid interest rate hikes means only one thing: Watch out.The current period reminds Bob Michele, chief investment officer for JPMorgan Chase's massive asset management arm, of a deceptive lull during the 2008 financial crisis, he said in an interview at the bank's New…

JPMorgan has teamed up with six major Indian banks to launch a blockchain-based platform JPMorgan, a global financial services corporation, is continuing to investigate the possibilities of blockchain, applying the technology to alleviate some of the constraints of traditional finance. The banking behemoth has collaborated with six major Indian banks to establish a blockchain-based platform for interbank settlement of US currency transactions. HDFC Bank, ICICI Bank, Axis Bank, Yes Bank, IndusInd Bank, and JPMorgan’s…

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, U.S., May 17, 2023. Evelyn Hockstein | ReutersJPMorgan Chase CEO Jamie Dimon has "no plans" to run for office, according to a statement from the bank Monday.Speculation about Dimon's possible future in politics flares up from time to time. The CEO is…

The bank apologized after some customers complained about duplicate transactions. The bank apologized after some customers complained about duplicate transactions. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to…

May 31, 2023 7:14 am ETA former top JPMorgan Chase executive said in legal documents that for years he communicated with Chief Executive Jamie Dimon about the bank’s business with convicted sex offender Jeffrey Epstein—setting the stage for a conflict with his former boss, who maintains he had no such conversations. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 May 31, 2023 7:14 am ETA former top JPMorgan Chaseexecutive said in legal documents that for years he…

JP Morgan Chase’s AI chatbot named IndexGPT similar to ChatGPT can make Investment decisions Good morning tech fam, here are some quick tech updates for you to catch on to! What’s New Today: 1,000 First Republic employees are let off by JPMorgan. Fast-Track Insights: Indian crypto exchanges are attempting to extend their runways while in survival mode. Tech companies have recently been in a frenzy due to AI, particularly ChatGPT. But not just Google, Amazon, or Meta is concerned; other companies are also starting to…

JPMorgan Chase, the renowned New York-based bank, is reportedly gearing up for its foray into the development of a software service that uses the power of cutting-edge artificial intelligence to guide investment decisions for its clients. According to a CNBC report, the financial giant has filed a trademark application for a product called IndexGPT. According to the trademark filing, IndexGPT, similar to ChatGPT in functionality will essentially be a “cloud computing software using artificial intelligence.” It will be…