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The Latest Breaking News from JP Morgan

Bank report details Peter Mandelson’s apparent contact with Jeffrey Epstein

JP Morgan report from 2019 found Epstein seemed to keep ‘particularly close relationship’ with Labour peer

The Guardian - UK

J.P. Morgan opens first Manchester office in city centre landmark

J.P Morgan also has UK offices in London, Bournemouth, Glasgow and Edinburgh

Birmingham Post

The basic iPhone 14 is selling well after all

Investment firm JP Morgan says that the basic iPhone 14 is now the best-selling model in the US, though the Plus continues to struggle.

Tom’s Guide

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Epstein survivors secure a $290 million settlement with JPMorgan Chase

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."

WEKU

Market rally remind JP Morgan’s Bob Michele of the calm before Lehman collapse

The current market rally is reminiscent of the immediate relief following JP Morgan's purchase of Bear Stearns in March 2008, six months before Lehman collapsed.

Fortune

Financial watchdog investigating Crispin Odey after sexual assault allegations

Morgan Stanley also cuts ties with Tory donor’s hedge fund over report of alleged incidents, which he denies

The Guardian - UK

Epstein survivors write blistering letters to JPMorgan executives demanding they admit what they know

‘Does anybody at JPMorgan have a conscience?’ Courtney Wild asked in a personal letter to a senior bank executive

The Independent UK

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It’s official: Jamie Dimon isn’t running for president

Despite please to enter the political fray, it looks as if America's top banker will sit out the 2024 Presidential race.

Fortune

JP Morgan CEO Jamie Dimon claims he had never heard of Epstein before arrest

Testimony counters claims that the bank ignored signs of malfeasance, including Epstein’s large monthly cash withdrawals

The Guardian - US

Barclays CEO Jes Staley contradicts JP Morgan chief’s claim they never discussed Epstein

Staley says that he communicated with Jamie Dimon about the convicted sex offender, in a lawsuit against the US banking giant

The Guardian - US

How Citizens Financial Group survived

Citizens’ Financial Group’s CEO weighs in on how the regional bank is braving the banking crisis and beyond.

Fortune

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

Jeffrey Epstein allegedly tried to extort Bill Gates over extramarital affair

Convicted sexual offender reportedly threatened to expose Gates’s relationship with Russian bridge player Mila Antonova

The Guardian - US

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.

Tribune News Service

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The Guardian - UK

Deutsche Bank agrees to pay $75m to settle Jeffrey Epstein lawsuit

Group of women accused lender of helping facilitate US financier’s sex trafficking operations

Fortune

Elon Musk blasts Jeffrey Epstein subpoena as ‘idiotic’

The Tesla CEO has refuted he is in possession of any evidence relevant to a lawsuit filed against J.P. Morgan in connection with the deceased money manager.

The New Daily

Musk subpoenaed in Jeffrey Epstein litigation

Telsa CEO Elon Musk has been subpoenaed in an investigation into JP Morgan Chase's involvement in Jeffrey Epstein's activities.

The Independent UK

Elon Musk subpoenaed by US Virgin Islands in Jeffrey Epstein lawsuit

The Virgin Islands says it has been trying to issue a subpoena to the Tesla CEO since April

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The Guardian - UK

Trading halted in shares of two more US lenders as fears of banking crisis mount

Regulators step in after PacWest and Western Alliance shares plunge as investors fear repeat of First Republic, SVB and Signature failures

The Week

First Republic: will UK banks survive unscathed?

The Treasury has sought to reassure the public that the British banking system is safe after First Republic became the third major US bank to fail in two months.

The Guardian - UK

Harry, sing Lana Del Rey! How AI is making pop fans’ fantasies come true

Longed-for duets between favourite pop singers are now being generated by AI. Fans are enthralled, but artists are worried: ‘I can’t help but think that I can be easily replaced’

The Guardian - UK

Is the banking crisis coming to an end? As JP Morgan CEO notes, risks linger

Jamie Dimon says this phase of bank collapses is over, but ‘other cracks in the system’ could still be revealed

Fortune

Citibank CEO ‘very pleased’ First Republic’s demise eliminates the last big threat from banking's recent turmoil

With the collapse of the second-largest commercial lender in U.S. history, Citi’s Jane Fraser believes the financial sector is now poised to draw a line under the crisis.

Fortune

The 1994 regulatory loophole that led to Jamie Dimon's First Republic coup

A decades-old law sought to limit lenders' power—with one big exception.

Daily Mirror

JP Morgan to take over US bank First Republic after lender becomes third to collapse

Banking giant JP Morgan will take over $295 billion (£236 billion) in assets and liabilities of First Republic Bank after the third major US institution collapse in the last two months

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