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JPMorgan Drops Tesla Suit, More

JPMorgan agrees to drop lawsuit against Tesla over stock warrants

U.S. lender JPMorgan Chase agreed on Friday to drop its lawsuit against Tesla that accused the electric vehicle maker of "flagrantly" breaching a contract between the two companies in 2014 relating to warrants Tesla sold to the bank.

JPMorgan, Tesla Call Off $162M Stock Warrant Case

Under the stock warrants, issued in 2014, Tesla agreed to issue shares of its stock, or cash, to JPMorgan if Tesla’s share price exceeded a contractual strike price—$560.6388—when the warrants expire.

bankingdive · 17h

JPMorgan drops suit against Tesla

The bank sued the Elon Musk-run company in 2021 for $162.2 million after it claimed the carmaker breached a 2014 contract related to stock warrants.

Singapore Hits JPMorgan with $1.8 Million Fine

Seeking Alpha on MSN · 16h

JPMorgan Chase fined $1.8M for overcharging for bond trades by Singapore's central bank

Singapore’s central bank said Monday it was fined JPMorgan Chase’s (NYSE:JPM) 2.4M Singapore dollars ($1.79M) for failing to detect and prevent misconduct by its relationship managers. The Monetary Authority of Singapore (MAS) said in a statement that the relationship managers “had made inaccurate or incomplete disclosures to clients,

The Daily Hodl · 17h

JPMorgan Chase Paying $1,790,000 Penalty for Overcharging Clients in Singapore, Failing to Stop Employee Misconduct

JPMorgan Chase is paying a $1.79 million penalty for overcharging a group of clients in Singapore. The Monetary Authority of Singapore (MAS) says the banking giant has admitted it's liable for failing to discover and stop misconduct by its relationship managers.

Bloomberg L.P. · 1d

JPMorgan Fined $1.8 Million in Singapore Over Client Bond Trades

Singapore fined JPMorgan Chase & Co. S$2.4 million ($1.8 million) for failing to prevent and detect misconduct by its relationship managers over client bond trades.

17h

JPMorgan’s Global Investment Banking Chair to Retire, Join Accenture Board

JPMorgan Chase & Co.’s global chair of investment banking, Jennifer Nason, is set to retire from the bank after nearly four ...

17h

JPMorgan's investment banking chair departs, memo says

Wall Street giant JPMorgan Chase's global chair of investment banking Jennifer Nason is set to leave the bank early next year ...

The Daily Hodl16h

Billionaire Ken Fisher Pours $800,000,000 Into JPMorgan Chase in Massive Bet on US Bank – Here’s His Top Picks As 2025 Arrives

Billionaire Ken Fisher is dramatically increasing his firm's position in US banking giant JPMorgan Chase. New SEC filings ...

6h

Wells Fargo Reaffirms Their Buy Rating on JPMorgan Chase & Co. (JPM)

In a report released yesterday, Mike Mayo from Wells Fargo maintained a Buy rating on JPMorgan Chase & Co. (JPM – Research Report), with a ...

3d

JPMorgan: Pullback In Preferred Shares Gives A Buying Opportunity

JPMorgan Chase's 4.2% fixed rate preferred shares have marginally underperformed PFF so far in 2024. Find out why I rate ...

1d

JPMorgan Rejects Transition-Finance Trend Gripping Wall Street

JPMorgan Chase & Co. is turning its back on a trend that’s been embraced by many of its Wall Street peers.

The Daily Hodl2d

JPMorgan Chase Abruptly Terminates 10 Year-Old Girl’s Bank Account, Refuses To Release $2,100 for More Than a Year: Report

JPMorgan Chase abruptly terminated a 10 year-old girl's bank account for simply cashing a check, according to a new report.

3don MSN

JPMorgan Chase's Dimon has been secretly talking with Donald Trump for months: report

Chief Executive Jamie Dimon has been using secret back channels for months to communicate with Donald Trump for months, the ...

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