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The Latest Breaking News from JP Morgan

Ex-Barclays boss saw Jeffrey Epstein abuse young women, US lawsuit claims

Suit filed by victim against JP Morgan alleges Jes Staley knew of trafficking of young women and witnessed sexual abuse

The Guardian - UK

Evaluating the China effect

One-third of the world economy may slide into a recession this year, but the outlook for China remains more murky.

Bangkok Post

UK may avoid 2022 recession after growing 0.1% in November – as it happened

UK economy beat forecasts with 0.1% growth in November, as food and drink businesses benefited from the FIFA World Cup

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

JP Morgan investment bankers suffer 30% bonus cut as takeover deals slump

Wall Street’s largest lender reports 22% fall in full-year profits including 58% drop in fees from dealmaking

The Guardian - UK

A millennial founder who sold her company to JP Morgan for $175 million allegedly paid a college professor $18K to fabricate 4 million accounts. Their email exchange is a doozy

The two knew from the start they were working on fake accounts, according to a lawsuit filed by JP Morgan.

Fortune

JP Morgan warns of gloomy job market ahead as the economy 'slips into a recession'

Hopes for a Fed pivot are premature, as Jay Powell has not succeeded yet in anchoring inflation expectations.

Fortune

Crypto took such a beating in 2022 that U.S. regulators have teamed up for the first time to sound the alarm to banks

Deutsche Bank, Wells Fargo, Citigroup and Bank of America have all invested in crypto staffing divisions in recent years.

Fortune

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US Virgin Islands fires attorney general in Epstein cases

The governor of the U.S. Virgin Islands has fired the attorney general of the U.S. territory who led a lengthy legal case against disgraced financier Jeffrey Epstein that resulted in a $105 million settlement

The Independent UK

Why did no one short FTX? It’s complicated

One Wall Street short-seller says crypto was “the world’s best party”—and wishes he had made a “Big Short”–type bet.

Fortune

Epstein's sex trafficking was aided by JPMorgan, a U.S. Virgin Islands lawsuit says

The U.S.V.I. says JPMorgan Chase didn't report Jeffrey Epstein's suspicious financial activities and provided him banking services after his 2008 conviction for soliciting a minor.

WEKU

US Virgin Islands district attorney fired days after suing JP Morgan Chase over Jeffrey Epstein ties

Virgin Islands Governor Albert Bryan said he had ‘relieved’ Denise George of her duties amid reports he was unaware of a lawsuit filed against JP Morgan Chase

The Independent UK

Interest-Rate Paths for U.S. and Europe Set to Diverge

The Federal Reserve's aggressive campaign against high inflation dominated global financial markets this year. Starting this week, the action shifts to Europe, where inflation could prove stickier and harder to tame. That shift is likely to reverse some of the key market dynamics of 2022, most significantly a superstrong dollar.

Bangkok Post

Analysts see Fed rate hike of 0.5%

Analysts expect the Federal Reserve to raise interest rates by 0.5% in the middle of this month, putting pressure on stocks, gold and oil to continue their freefall.

Bangkok Post

'Zombie' wage deals have hurt Australians for years. Here's how new industrial relations law could finally end your wage pain

If you wanted to hold back Australian wages you would design a system pretty much like the one we have today. But how did that come about and can new IR laws make a difference? Peter Martin explains.

ABC News

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The Conversation

'Zombie' wage deals have hurt Australians for years. Here's how new industrial relations laws could finally end your wage pain

Imagine you were trying to design a system that would hold back wages. You would design one pretty much like the one we’ve got today.

Tribune News Service

Jeffrey Epstein victims sue JP Morgan Chase, Deutsche Bank under NY Adult Survivor Act

Jeffrey Epstein victims sued JP Morgan Chase and Deutsche Bank on Thursday under a new New York law that lifts the statute of limitations for sex abuse and assault lawsuits.

The Guardian - UK

Patrick Thomson: the man who ‘helped save UK pensions’

The chair of the fund managers’ trade body says he has his army training to thank for the cool head he kept during the crisis sparked by the mini-budget

The Guardian - US

The savior CEO and the empty promise of ‘stakeholder capitalism’

Companies may claim to serve employees, communities and the planet – but two books show profit still comes first

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The Guardian - UK

‘I f****d up’: the rise and fall of US crypto king Sam Bankman-Fried

The 30-year-old wunderkind last week saw his giant FTX digital currency exchange collapse and his $17bn fortune disappear

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For November 10, 2022

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Benzinga

Here's How Much Sam Bankman-Fried Lost In Wealth Tuesday — And How It Compares To Mark Zuckerberg's Rough 2022

One of the biggest names in cryptocurrency may have had one of the worst days as a billionaire, a status that could now be over.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For November 4, 2022

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The National (Scotland)

Climate activists target fossil fuel backing bank in Glasgow on eve of COP27

XR activists staged a protest outside of JP Morgan's Glasgow office

Glasgow Live

Glasgow bank entrance blocked by climate activists protesting 'failure' of COP26

Climate activists from Extinction Rebellion locked themselves onto oil barrels at the Glasgow branch of an investment bank a year on from the COP26 summit in the city.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For November 1, 2022

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