World’s largest banks pledged $906bn to fossil fuel companies in ‘unfathomable’ increase in 2025, report finds

JPMorgan Chase leads 65 banks making decisions incompatible with restraining rising temperatures, researchers say

https://www.theguardian.com/environment/2026/jun/09/world-banks-pledge-billions-fossil-fuel-industry-2025

#TopNews #News #US #JPMorganChase #BankofAmerica

Kansalaisjärjestöt: Pankit lisäsivät investointeja fossiilisiin polttoaineisiin

Sijoitukset fossiilienergiaan kasvoivat myös viime vuodesta.

https://yle.fi/a/74-20230556

#Ilmasto #Pankkitoiminta #Ulkomaat #Rahoitus #Fossiilisetpolttoaineet #Jpmorganchase #Ilmastonmuutos #Luottolaitokset

duckduckgo news | New Mexico lawmakers to blast out subpoenas in Epstein investigation

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New Mexico lawmakers announced that the bipartisan New Mexico Truth Commission will issue subpoenas to 14 federal, state, local and private entities—including the U.S. Justice Department, FBI, state law‑enforcement agencies, Deutsche Bank, JPMorgan Chase and the Santa Fe Institute—to obtain documents about Jeffrey Epstein’s former 10,000‑acre ranch near Santa Fe. The commission, funded by a settlement with Epstein’s banks, aims to create a complete public record of what occurred on the property, name those responsible, and refer any prosecutable evidence to the appropriate authorities. Although Epstein was never charged in New Mexico, at least ten women allege that he groomed or abused them at the ranch from the mid‑1990s onward, and the investigation will also explore alleged financial, medical, scientific and other crimes. Survivors’ testimonies will guide the inquiry, which could lead to recommendations for changes to state laws to close gaps that previously prevented prosecution.

Read more: https://www.nbcnews.com/news/us-news/new-mexico-lawmakers-blast-subpoenas-epstein-investigation-rcna347971

#FBI #DeutscheBank #JPMorganChase #JeffreyEpstein #AndreaReeb #MariannaAnaya #RachelBenavidez #VirginiaGiuffre

Times of India | From $642 to $4 million: Fired JPMorgan employee wins huge compensation over food platter dispute

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A former JPMorgan broker, Brent Ryan Bodner, who was terminated in 2024 after a $642.50 deli‑platter expense for a home‑based business meeting was allegedly mischaracterized as a “Super Bowl party,” has been awarded roughly $4 million in damages by a FINRA arbitration panel, which also ordered JPMorgan to amend his employment record to reflect a voluntary departure and to cover most case‑related costs; the panel rejected the bulk of his $30 million claim and denied punitive damages, while JPMorgan has expressed disagreement with the decision.

Read more: https://timesofindia.indiatimes.com/world/us/from-642-to-4-million-fired-jpmorgan-employee-wins-huge-compensation-over-food-platter-dispute/articleshow/131358784.cms

#JPMorganChase #FINRA #BrentBodner #MarcRosen #WallStreet

US Top News and Analysis | Jamie Dimon says JPMorgan Chase could spend $20 billion on acquisition: 'We are on the lookout’

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JPMorgan Chase CEO Jamie Dimon told analysts at a New York financial conference that the bank could deploy up to $10 billion–$20 billion on an acquisition in the next few years, marking the largest deal of his 20‑year tenure if it materializes. However, Dimon framed M&A as a tool of last resort rather than a growth strategy, cautioning that executives who lean heavily on deals often mask weak organic growth and that any target must integrate cleanly with JPMorgan’s operations, fit its culture, and strengthen core businesses rather than exist as a stand‑alone unit. He emphasized the need for organic improvements—sales, branches, technology, profits, products, and services—over “pie‑in‑the‑sky” acquisitions. The bank’s recent M&A history includes the FDIC‑backed purchase of First Republic Bank in 2023 and earlier crisis‑era deals such as Bear Stearns and Washington Mutual’s retail arm, while its forays into fintech have been modest after a costly 2021 acquisition of the fraudulent startup Frank.

Read more: https://www.cnbc.com/2026/05/27/jamie-dimon-jpmorgan-chase-acquisition-target-size.html

#JamieDimon #JPMorganChase #FirstRepublic #BearStearns #WashingtonMutual

The Daily Beast Latest Articles | JPMorgan Chase Banker’s Sex Slave Lawsuit Suffers Major Blow by Muskaan Arshad

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The high‑profile sex‑slave lawsuit filed by former JPMorgan Chase vice‑president Chirayu Rana against senior executive Lorna Hajdini has hit a setback after Rana’s lead counsel, attorney Daniel Kaiser, filed a request to be discharged and is no longer representing him, leaving Rana to represent himself pending further court proceedings. Rana’s original April complaint alleged that Hajdini drugged him, threatened his bonus and forced him into non‑consensual sex while hurling racial slurs, and he sought to be identified as “John Doe” for the remainder of the case. Hajdini has denied the accusations and countersued for defamation, while JPMorgan Chase has publicly supported Hajdini, stating the bank does not believe the allegations have merit.

Read more: https://www.thedailybeast.com/jpmorgan-chase-banker-chirayu-ranas-sex-slave-lawsuit-suffers-major-blow/

#JPMorganChase #ChirayuRana #LornaHajdini #DanielKaiser #Epstein #JohnDoe

Times of India | JP Morgan CEO Jamie Dimon to the world from China: America is still a safe haven for investments, just that …

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Jamie Dimon, CEO of JPMorgan, told Bloomberg TV from Shanghai that despite shifting global dynamics, the United States remains a “safe haven” for investment, noting recent surprises but affirming the country’s resilient fundamentals such as strong savings, robust capital markets, and ongoing demand despite rising bond yields and AI‑driven spending. He praised China’s growing consistency and progress in batteries, renewable energy, and machine tools, observing that investors continue to be attracted to its industrial innovation as it moves up the technology value chain. Dimon cautioned that AI will cause more job losses than many expect, though new roles will also emerge, and he urged societies to prepare for rapid transitions. Highlighting internal corporate health, he warned that bureaucracy, complacency and unnecessary managerial layers act as a “silent killer,” urging companies to eliminate such inefficiencies to stay competitive.

Read more: https://timesofindia.indiatimes.com/technology/tech-news/jp-morgan-ceo-jamie-dimon-to-the-world-from-china-america-is-still-a-safe-haven-for-investments-just-that-/articleshow/131300066.cms

#JamieDimon #BillWinters #JPMorganChase #BloombergTV #China

US Top News and Analysis | SpaceX picks Goldman Sachs to lead record-breaking IPO, sources say

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SpaceX has selected Goldman Sachs to serve as the lead underwriter for its upcoming initial public offering, with Morgan Stanley, Bank of America, Citigroup and JPMorgan Chase joining as co‑underwriters, according to confidential sources. The company is expected to file its prospectus with the SEC as early as Wednesday, following a confidential filing last month, and could launch a record‑breaking IPO, given its recent $1.25 trillion valuation after Elon Musk merged SpaceX with his AI startup xAI. The move positions SpaceX among a select handful of tech firms—only Facebook and Alibaba have ever topped $100 billion in market cap on debut—and comes as other AI‑centric companies such as OpenAI, Anthropic and chipmaker Cerebras (valued at roughly $95 billion) prepare for public listings, setting the stage for a potentially historic year of mega‑IPOs tied to the AI boom.

Read more: https://www.cnbc.com/2026/05/19/spacex-picks-goldman-sachs-to-lead-record-breaking-ipo-sources-say.html

#SpaceX #GoldmanSachs #JPMorganChase #ElonMusk #xai

JPMorgan Chase: short-term correction and long-term stability

The JPM stock is declining in the short and medium term, yet it maintains a significantly positive annual balance. In the background, the issues of private credit and political pressure on large U.S. banks weigh heavily.

https://www.theindex.it/approfondimenti/2026-05-12-jpmorgan-chase-tra-correzione-di-breve-e-tenuta-di-lungo-periodo.html

#Economy #Finance #Jpm #JpmorganChase