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31 May 2024, 6:00 am by Michelle
The accord follows a separate $66.7 million deal agreed to by JPMorgan & Chase Co., Wells Fargo & Co., and Bank of America Corp. in 2021 over similar allegations of fixing ATM prices. [read post]
30 May 2024, 6:00 am by Eric Quitugua
.: DVAP, DBA Entrepreneurs in Community Lawyering, SMU Dedman School of Law, and JPMorgan Chase—Thursday, June 6 Veterans Clinic—DVAP and Bradley Arant Boult Cummings—Friday, June 7 DVAP and DLA Piper—Thursday, June 13 DVAP and Alston & Bird—Thursday, June 20 DVAP and Haynes and Boone—Thursday, June 27 Name Change and Gender Marker Virtual Clinic—Tuesday, June 25, and Thursday, June 27. [read post]
28 May 2024, 5:38 pm by Yosi Yahoudai
A spokesperson for JPMorgan Chase said, “Right now, we are in close contact with local officials to check on the safety of everyone in the building and area. [read post]
24 May 2024, 6:00 am by Michelle
Big Banks Face Intensifying Political Pressure Over Zelle FraudAmerican Banker – May 22, 2024 (subscription required) Executives from JPMorgan Chase, Bank of America and Wells Fargo are expected to testify this summer before a U.S. [read post]
15 May 2024, 9:05 pm by ilyabeylin
Derivatives are financial instruments used to shift risks, such as fluctuations in interest rates or foreign exchange rates or changes in the value of assets such as stocks, bonds, metals, or agricultural or energy products. [read post]
7 May 2024, 9:01 pm by renholding
  In a widely heralded edition of his annual letter to shareholders, Jamie Dimon, CEO of JPMorgan Chase, recently decried the “treadmill to ruin” for companies that succumb to the undue pressure of quarterly earnings by resorting to shortcuts, calling instead for building shareholder value over the long run by considering all of the company’s stakeholders, from customers to employees to communities. [read post]
3 May 2024, 6:00 am by Michelle
Industry Developments SPOTLIGHT: Real-Time Consumer Payments Need Standards to RisePayments Dive – April 30, 2024 The payments industry must jointly develop a common set of standards for using real-time payments if the new transaction type is to become a reality for consumers, top payments executives from JPMorgan Chase and Walmart said on a Payments Dive panel last week. [read post]
26 Apr 2024, 6:00 am by Michelle
JPMorgan Chase’s Plan for Face and Palm PaymentsAmerican Banker – April 22, 2024 (subscription required) JPMorgan Chase is preparing a broad rollout of a biometric authentication system at U.S. retailers in 2025, following experiments it has run over the past year. [read post]
24 Apr 2024, 12:17 pm by Geoff Schweller
According to Bloomberg, the CFTC “has reached out to a number of banks, including JPMorgan Chase & Co., Bank of America Corp. and Citigroup Inc. [read post]
18 Apr 2024, 3:30 am by HR Daily Advisor Staff
Before Andrew Scivally and his brother started ELB Learning in 2009, he oversaw learning and development teams for JPMorgan Chase and Zions Bank. [read post]
5 Apr 2024, 6:00 am by Michelle
The Forces Driving JPMorgan Chase to Build a Digital Media BusinessAmerican Banker – April 4, 2024 (subscription required) Chase Media Solutions, the media unit JPMorgan Chase launched this week, will help the bank develop more credit and debit card loyalty programs funded directly by merchants instead of the increasingly fraught card network swipe-fee system, while targeting the bank’s customers more precisely than its previous card-linked… [read post]
29 Mar 2024, 6:00 am by Michelle
Legal and Regulatory Developments SPOTLIGHT: Visa, Mastercard Swipe Fee Deal Fails to Stem More LitigationBloomberg Law – March 28, 2024 (subscription may be required) Visa Inc. and Mastercard Inc. [read post]
22 Mar 2024, 7:22 am by Ginger Buck
With its lawsuit, Edelweiss alleged that various affiliates of Bank of America, Barclays, Citigroup, JPMorgan Chase, Morgan Stanley, Fifth Third Bancorp, BMO, and William Blair engaged in widespread fraud and collusion in the fees they charged and the interest rates they set for Illinois tax-exempt municipal bonds known as VRDOs. [read post]
21 Mar 2024, 12:48 pm by Melissa Tremblay
  The defendant banks included: Bank of America, Barclays, Citigroup, JPMorgan Chase, Morgan Stanley, Fifth Third Bancorp, BMO, and William Blair. [read post]
8 Mar 2024, 6:00 am by Michelle
Industry Developments SPOTLIGHT: JPMorgan Joins France’s Payments Network CB to Skirt Visa, MastercardReuters – March 5, 2024 JPMorgan Chase & Co said on Tuesday it had joined France’s leading payments network Cartes Bancaires (CB), becoming the first U.S. bank to do so as it seeks to offer cheaper card payment costs to its clients in the country. [read post]
6 Mar 2024, 5:59 am by Satya Marar
It will also be the country’s biggest credit-card issuer, with a market share of 19%, ahead of current market leader JPMorgan Chase’s 16%. [read post]