The Latest Breaking News from JPMorgan

“I put a lot of my time and attention into this, because I think it really threatens to erode democracies,” says Horovitz.

June S&P 500 futures (ESM23) are up +0.04%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.05% this morning as market participants digested JPMorgan’s takeover of First Republic’s assets while looking ahead to the Federal Reserve’s upcoming interest rate decision as well as Friday’s nonfarm payrolls report.

The bank’s pro-office memo was instantly ripped apart by workers calling it “tone deaf” and “divisive.”

Think ChatGPT, but for the weird things Jerome Powell says every couple months. It’s “a large language model tuned to central bank speak.”

“Ms. Javice faces numerous impending deadlines for which she is incurring substantial expense,” said Michael Barlow, an attorney with law firm Abrams & Bayliss, in a recent letter to the judge.

The United States gave JPMorgan permission to process payments for agricultural exports via the Russian Agricultural Bank, but the arrangement was no substitute for reconnecting the bank to the SWIFT system, two Russian sources told Reuters.

Javice rushed to pull her funds out of Signature Bank after it was taken over by the FDIC in March.

JPMorgan Chase has bought or invested in more than 80 companies in two years.

Competition from fintechs and big tech spurred JPMorgan Chase to go on a buying binge, and take advantage when prices were depressed.