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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… [read post]
29 Mar 2024, 6:00 am by Michelle
At issue have been the interchange fees, also known as swipe fees, that merchants pay to bank card issuers and the networks. [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]
26 Jan 2024, 12:52 pm by Evan Brown
JPMorgan Chase Bank, N.A., 2024 WL 283474 (S.D.N.Y., January 25, 2024) See also: Customer was not “under duress” to agree to clickwrap agreement for continued services Court finds clickwrap independent contractor agreement enforceable Court holds browsewrap agreement not enforceable [read post]
8 Jan 2024, 4:55 am by Franklin C. McRoberts
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 by The White Law Group
Man with Dementia Loses Millions through Risky Investments  According to an article in Yahoo Finance last week, the family of a once-wealthy individual is suing JPMorgan Chase & Co., alleging the bank allowed his $50 million fortune to dwindle to $1.5 million through risky investments. [read post]
1 Dec 2023, 6:00 am by Michelle
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 by Liz Dunshee
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]
17 Nov 2023, 6:00 am by Michelle
 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 by Michelle
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, 6:00 am by Michelle
The rule aims at governing the practice of sharing consumer data through open banking. [read post]