Traders at JPMorgan Chase are laying out three scenarios for the US stock market that are tied to developments in the Middle East. Starting with a “status quo” scenario, JPMorgan’s trading desk says stocks would witness some stability in the short term if tensions de-escalate on a limited basis and vessels passing through the Strait…
JPMorgan Chase has accused a customer of fraud after he tried to deposit a legitimate annuity check tied to his father’s death in the September 11th attacks, according to a new report. Malik Washington, a 28-year-old New York resident, walked into the Chase branch on January 9th to cash the check, reports News 12. It…
JPMorgan Chase CEO Jamie Dimon says financial markets resemble the period just before the 2008 global financial crisis. At the bank’s Company Update 2026 in New York, Dimon said he’s seeing growing complacency around high asset prices and volumes. “Unfortunately, we did see this in ’05, ’06 and ’07, almost the same thing. The rising…
A JPMorgan Chase customer says thousands of dollars were drained from her bank account with a debit card that was applied for without her knowledge. Dr. Andrea Kaiser says a debit card was recently sent to her via overnight mail. Shortly after the card was placed in her mailbox Kaiser says surveillance footage from her…
The US government is increasing its national debt at a remarkable rate. New data from the Treasury Department shows the national debt exploded to over $38.513 trillion on January 26th. The figure represents an increase of over $132.987 billion in just one month. In an interview with David Rubenstein at the 2026 State of American…
A woman in Florida is reportedly suing JPMorgan Chase after scammers extracted over $1 million from her account. Eighty-year-old Olga Ponorovsky alleges the bank failed to protect her and her funds when she fell victim to an investment scam, reports The Sun. Ponorovsky, a retired engineer, first came across the scam in September 2023 when…
JPMorgan Chase says a data breach has exposed customers’ sensitive personal and financial information. In a filing with the Office of the Maine Attorney General, JPMorgan Chase says cybercriminals have breached a law firm that the bank works with, compromising the personal information of 659 customers. [adinserter block=”1″] The incident happened when a shared network…
Billionaire Stanley Druckenmiller is pouring millions of dollars into a growth stock listed as a “buy” by some of America’s biggest banks and investment firms. A new 13F filing from Druckenmiller’s Duquesne Family Office reveals the firm bought 4,619 shares of MercadoLibre (MELI) in Q3 2025. The purchase amounts to about $11.09 million and continues…
New numbers show customers at JPMorgan Chase, Wells Fargo and Bank of America are piling money into unprotected accounts. The lenders’ quarterly Call Reports, submitted to the Federal Financial Institutions Examination Council (FFIEC), show the banks customers now collectively hold $2.62 trillion in uninsured cash. US banks and the FDIC promise customers that deposits up…
America’s biggest banks are about to lock in their largest share of the banking industry’s profits in nearly ten years after an explosive run-up. JPMorgan Chase, Bank of America, Citigroup and Wells Fargo – the four largest banks in the US – recorded $88 billion in collective profits in the first nine months of the…