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The Latest Breaking News from JPMorgan

Meet ‘Index GPT,’ the A.I. stock picker JPMorgan is developing that may put your ‘financial advisor out of business’

JPMorgan has filed a trademark application for an A.I. software that can pick stocks—and much more.

Fortune

First Republic hit with 1,000 job cuts after California bank was seized and sold to JPMorgan

About 1,000 employees of First Republic Bank are being let go about a month after it was seized by regulators and acquired by JP Morgan Chase

The Independent UK

JPMorgan Jumps Into AI Craze With Robo Stock Picker

Dow Jones giant JPMorgan is joining the artificial intelligence craze with an AI stock picker, investment advisor, trademark documents show.

Investors Business Daily

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Factbox-Russian gold shipments to the UAE, China and Turkey

The United Arab Emirates has become a key trade hub for Russian gold since Western sanctions over Ukraine cut Russia's more traditional export routes, Russian customs records show.

Reuters

Judge greenlights JPMorgan lawsuit blaming ex-executive in Jeffrey Epstein scandal

A federal judge says he won't block JPMorgan's legal efforts to accuse a former executive of hiding Jeffrey Epstein's decades-long sex abuse in order to keep the financier as a client

The Independent UK

Jamie Dimon has no plans to step down as JPMorgan CEO—but he knows what he wants from his successor

JPMorgan Chase's CEO Jamie Dimon added there are some skills which can't be taught, like grit and courage.

Fortune

JPMorgan accuses US Virgin Islands of shielding Epstein

JPMorgan Chase is defending itself against a lawsuit by the US Virgin Islands accusing it of empowering Jeffrey Epstein to abuse teenage girls.

The New Daily

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JPMorgan Chase defends lawsuit by blaming US Virgin Islands for Jeffrey Epstein's sex crimes

JPMorgan Chase is defending itself against a lawsuit by the U.S. Virgin Islands accusing it of empowering Jeffrey Epstein to abuse teenage girls

The Independent UK

JP Morgan claims US Virgin Islands ‘complicit’ in Jeffrey Epstein crimes

Counter lawsuit comes after territory alleged bank ‘facilitated’ exploitation of women and girls by sex offender

The Guardian - US

JPMorgan Chase invests $200 mn on carbon removal

New York (AFP) - JPMorgan Chase announced Tuesday it has signed long-term agreements to purchase $200 million worth of carbon dioxide removal, saying the investment would boost a key emerging climate change solution.

AFP

Watch: Jamie Dimon Advises Shareholders to Prepare for the Worst

JPMorgan's CEO has been consistent in his warnings about interest rates.

The Street

Bitcoin stands apart as big banks get bigger

Governments' role in the banking system is growing—a development that could inadvertently help Bitcoin.

Fortune

Jeffrey Epstein ‘blackmailed’ Bill Gates with threat to expose alleged affair with Russian bridge player

‘Mr Gates met with Epstein solely for philanthropic purposes,’ says Gates Foundation spokesperson

The Independent UK

Republican Attorney Generals Cite Religious And Political Discrimination Against JPMorgan Chase

A conservative group was denied service on WePay for processing ticket sales that featured the son of Donald Trump.

Zenger

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The Street

What Happened to First Republic Bank? Why Is It in Trouble?

The San Francisco-based regional bank, First Republic, was the third financial institution to declare insolvency in 2023 and the second-largest bank to fail since Washington Mutual collapsed during the Financial Crisis of 2007–2008. Plagued by many of the same issues that doomed Silicon Valley Bank ...

Tribune News Service

Manhattan DA pulled into suit against JPMorgan over Epstein ties; Deutsche Bank settles for $75 million with billionaire pedophile’s victims

NEW YORK — The Manhattan district attorney has been dragged into litigation that’s ramping up against JPMorgan Chase, brought by abuse victims of disgraced billionaire pedophile Jeffrey Epstein.

The Street

'Big Short' Burry Gambled Big on Troubled Bank. The Bet Went Wrong

The legendary investor bet on First Republic Bank in the first quarter. In late April the firm was seized by regulators and on May 1 was sold to JPMorgan Chase.

Zenger

JPMorgan Employees Overwhelmed With The Return-To-The-Office Policy Mandate

JPMorgan Chase & Co employees complain that they live far from the office as they have to deal with the commute.

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news in one place.

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AFP

Deutsche Bank to pay $75 mn in Epstein victim settlement: report

New York (AFP) - Deutsche Bank will pay $75 million to settle litigation alleging the German lender financially benefited from supporting Jeffrey Epstein's sex trafficking scheme, according to a report Wednesday.

Reuters

Deutsche Bank to pay $75 million to settle lawsuit by Epstein accusers

Deutsche Bank AG agreed to pay $75 million to settle a lawsuit by women who say they were abused by the late financier Jeffrey Epstein, and accused the German bank of facilitating his sex trafficking.

The Street

'Big Short' Michael Burry Is Not Always Right

The legendary investor bet on First Republic Bank in the first quarter. In late April the firm was seized by regulators and on May 1 was sold to JPMorgan Chase.

The Street

'Big Short' Michael Burry Makes a Bad Bet

First Republic Bank was seized in late April by regulators and sold to JPMorgan Chase on May 1.

The Street

Elon Musk Shuts Down Jeffrey Epstein Rumors

The billionaire was subpoenaed by the U.S. Virgin Islands who want to establish that Epstein recommended his wealthy acquaintances to JPMorgan as clients.

The Street

Elon Musk Fires Back at Those Who Try to Tie Him to Jeffrey Epstein

The billionaire was subpoenaed by the U.S. Virgin Islands who want to establish that Epstein recommended his wealthy acquaintances to JPMorgan as clients.

Chicago Sun-Times

U.S. Virgin Islands seeks to subpoena Elon Musk in Jeffrey Epstein lawsuit

The Virgin Islands, where Jeffrey Epstein had an estate, is suing JPMorgan Chase, alleging it enabled Epstein’s sex trafficking, and is seeking evidence that Epstein may have advised Elon Musk on certain business matters.

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