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Frank founder Charlie Javice, who allegedly defrauded JPMorgan out of $175 million, hit with federal charges

Tue, 04/04/2023 - 11:04

Charlie Javice — Frank founder Charlie Javice has been hit with federal charges.
Charlie Javice

finance, News, Law, Fast Investigations, Charlie Javice, JP Morgan, JP Morgan Chase

Money-market funds rake in $300 billion in just three weeks as banks face deposit 'bleed-out'

Fri, 03/31/2023 - 06:23

NYSE traders — Investors have poured $304 billion into money-market funds in just three weeks.
Spencer Platt/Getty Images

Markets, MI Exclusive, Money Market, money market funds, Deposits, uninsured depositors, Wall Street

JPMorgan Chase thought it had $1.3 million worth of nickel stored in a warehouse. A closer examination revealed bags of stones.

Mon, 03/20/2023 - 17:51

A warehouse filled with bags of different colored stones — Turns out that JPMorgan's bags of nickel are actually bags of stones.
Roman Mykhalchuk/Getty Images

finance, JP Morgan, Nickel, stones, metals, Banks

Bank of America soaks up over $15 billion in new deposits as SVB panic sends money flooding into 'too big to fail' lenders

Wed, 03/15/2023 - 10:46

Carlo Allegri/Reuters

Markets, MI Exclusive, Bank of America, Silicon Valley Bank collapse, JP Morgan, Citigroup, Deposits

Wall Street's 4 top banks just had $55 billion wiped off their market value in a single day

Fri, 03/10/2023 - 07:11

jp morgan — People walk inside JP Morgan headquarters in New York, October 25, 2013.
REUTERS/Eduardo Munoz

Markets, MI Exclusive, JPMorgan, JP Morgan, Citigroup stock, Bank of America, Wells Fargo

US companies have stopped talking about an imminent recession

Wed, 02/22/2023 - 14:29

Tech Insider : Economy

A now hiring sign — Gwengoat/Getty Images

economy, Recession, Goldman Sachs, JP Morgan, tesla, Unemployment Rate, Analysis

Optimism about stocks is still too high as the US economy is showing 'the overheat before the retreat', JPMorgan strategist says

Fri, 02/17/2023 - 07:47

jp morgan — JP Morgan building.
REUTERS/Eduardo Munoz

Markets, MI Exclusive, Stock Market, Stocks, Stock Market Outlook, Stock Market Analysis, stock market outlook 2023

It's time to become defensive with stocks and ditch them for bonds because a recession is coming, says JPMorgan's top strategist

Tue, 02/14/2023 - 05:45

Marko Kolanovic Top 100 — Marko Kolanovic.
Hollis Johnson/Insider

Markets, MI Exclusive, JP Morgan, Marko Kolanovic, Stocks, Bonds, Stock Market

These 7 CEOs at major corporations from Apple to Zoom are taking pay cuts amid an economic slowdown

Wed, 02/08/2023 - 12:05

Apple CEO Tim Cook attends Apple's — Apple CEO Tim Cook took a voluntary pay cut for 2023.
Axelle/Bauer-Griffin/FilmMagic

Careers, News, Features, Business Visual Features, weekend BI US, Intel, google

JPMorgan and the US Virgin Islands are blaming each other in court for failing to stop Jeffrey Epstein's sex-trafficking scheme

Thu, 02/02/2023 - 13:30

jeffrey epstein island preview 3 — Jeffrey Epstein maintained a property on the island of Little St. James in the US Virgin Islands.
AP/Reuters

News, Law, finance, Jeffrey Epstein, Ghislaine Maxwell, JP Morgan, US Virgin Islands

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