JPMorgan Chase (JPM) is putting up a massive new headquarters in midtown Manhattan. But New York is no longer the state where it employs the most people. Texas is. The country’s largest bank has 31,500 employees in the Lone Star State following an expansion over the last decade highlighted by a four-building, 1-million-square-foot campus in … Read more
State Street and Charles Schwab have recently experienced a significant drop in deposits. The decrease in assets has been attributed to a variety of external factors, including the COVID-19 pandemic and current economic uncertainty. As two of the industry’s largest custodians, these developments raise important questions about the state of the financial market and the … Read more
Jakarta – Startup founder Frank, Charlie Javice was arrested on Monday (3/4) night. He was indicted by the United States Securities and Exchange Commission (SEC) for allegedly defrauding JPMorgan Chase in the acquisition of the company worth US$ 175 million or around Rp. 2.6 trillion (exchange rate of Rp. 14,908). The SEC said Javice led … Read more
US investment bank JPMorgan is preparing for an “economic hurricane”. Its boss, Jamie Dimon, advises investors to arrange the same. His bank is preparing a very conservative approach. There are several reasons. Dimona is particularly concerned about the war in Ukraine, as well as fears that the Fed is losing its fight against inflation, writes … Read more
The New York Stock Exchange fell sharply on Wednesday, shaken by indicators reflecting more strongly than expected the scale of the disaster caused in the United States by the restrictive measures intended to limit the spread of COVID-19. • Read also: The “Grand Confinement”: the 2020 crisis now has a name Its flagship index, the … Read more
The leaked documents come from FinCEN, which falls under the US Treasury Department and deals with international financial crime. More than four hundred independent journalists from more than eighty countries worked on their analysis. The British BBC likened the meaning of “FinCen Files” to the so-called Panama Documents, a 2016 scandal involving the Panamanian company … Read more