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8 Jan 2024, 4:55 am
Under this principle, “[i]t is not necessary that the precise legal theories presented in the first action also be presented in the second action” (JPMorgan Chase Bank, N.A. v Luxama, 172 AD3d 1341 [2d Dept 2019]), so long as both suits “aris[e] out of the same subject matter or series of alleged wrongs” (JFK Family Ltd. [read post]
2 Jan 2024, 8:33 am
The post JPMorgan Chase Lawsuit Alleges Huge Losses in MLPs appeared first on The White Law Group. [read post]
26 Dec 2023, 11:33 am
Background Facts JPMorgan Chase Bank, as trustee for trusts created by Harriet F. [read post]
1 Dec 2023, 6:00 am
JPMorgan Chase, Bank of America, Citibank and Wells Fargo are the principal Class B shareholders, according to the Tuesday filing, which provides a 15-page disclosure about the program. [read post]
27 Nov 2023, 3:15 am
This particular article is reporting on Jamie Dimon’s Rule 10b5-1 plan to sell 12% of his current holdings in JPMorgan Chase beginning in 2024. [read post]
27 Nov 2023, 2:15 am
JPMorgan Chase The financial giant is abandoning its hybrid attendance policy and now requires executives to be physically present in the office. [read post]
17 Nov 2023, 6:00 am
The 2,100 financial firms on Zelle, a peer-to-peer network owned by seven banks including JPMorgan Chase and Bank of America, began reversing transfers as of June 30 for customers duped into sending money to scammers claiming to be from a government agency, bank or existing service provider, said Early Warning Services (EWS), the banks’ company that owns Zelle. [read post]
3 Nov 2023, 6:00 am
Chase’s JPM Coin: With $1 Billion in Daily Volume, It May Come to Retail PaymentsDigital Transactions News – October 30, 2023 More than four years after it began testing its own blockchain-based stablecoin, JPMorgan Chase & Co. is processing $1 billion in transaction volume per day for JPM Coin, Takis Georgako [read post]
27 Oct 2023, 10:06 pm
(Feb. 2018), https://www.jpmorganchase.com/content/dam/jpmc/jpmorgan-chase-and-co/institute/pdf/institute-bend-dont-break.pdf. [2] Robert Johnson III, 60 Percent of Small Companies Close within 6 Months of Being Hacked, Cybercrime Mag. [read post]
27 Oct 2023, 6:00 am
Legal and Regulatory Developments SPOTLIGHT: Fed Proposes Reduction in Debit Fee CapPayments Dive – October 25, 2023 The Federal Reserve Board voted Wednesday in favor of a proposal that would cut a cap on the interchange fee that debit card issuers can charge merchants to process a transaction. [read post]
20 Oct 2023, 6:00 am
JPMorgan Chase reported that third-quarter net income rose 35% year-over-year (YoY) to $13.2 billion on revenue of $40.7 billion, which was up 21% YoY, while credit and debit card sales rose 8%. [read post]
4 Oct 2023, 7:19 am
In August, over 120 business executives from JPMorgan Chase, Macy's, Paramount Global, and more signed an open letter to President Biden and Congress urging more federal support and expedited work permits for asylum seekers. ... [read post]
3 Oct 2023, 8:44 am
Morgan (JPMorgan Chase Bank, N.A., J.P. [read post]
27 Sep 2023, 6:00 am
JPMorgan Chase has not conceded any liability but will pay the U.S. [read post]
26 Sep 2023, 9:01 pm
JP Morgan Chase,[1] concluding that the plaintiff failed to adequately plead that the syndicated term loans at issue were securities. [read post]
26 Sep 2023, 5:16 am
JPMorgan Chase has agreed to pay $75 million to the U.S. [read post]
22 Sep 2023, 6:54 am
JPMorgan Chase, Bank of America, Wells Fargo, and others, next year plan to launch Paze: a mobile wallet that will connect directly to the credit and debit card accounts of 150mn customers. [read post]
15 Sep 2023, 6:38 am
JPMorgan Is Exploring Blockchain-Based Deposit Token for Payments, SettlementsBloomberg – September 7, 2023 (subscription required) JPMorgan Chase & Co. is in the early stages of exploring a blockchain-based digital deposit token for speeding up cross-border payments and settlement, according to a person familiar with the work. [read post]
4 Sep 2023, 9:01 pm
JPMorgan Chase Bank, N.A., Case No. 17-cv-6334 (PGG), 2020 WL 2614765 (S.D.N.Y. [read post]
1 Sep 2023, 8:00 am
How JPMorgan Chase’s Use of Tap to Pay Pressures Merchant AcquirersAmerican Banker – August 28, 2023 (subscription required) JPMorgan has added technology that allows merchants to accept payments with minimal upgrades to their own devices, a move that will accelerate plans for most U.S. payment processors. [read post]
