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☆ Yellen tells top CEOs US wants to work with China on global challenges
▼ + stars: | 2023-06-08 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

New York CNN Business —During a closed-door meeting with business leaders on Thursday, Treasury Secretary Janet Yellen stressed that the United States wants to work with China on urgent global challenges, a person familiar with the matter told CNN. The huddle with CEOs took place in Washington, where Yellen met with the board of the US-China Business Council, a group that promotes trade between the world’s two largest economies. Yellen’s meeting with the US-China Business Council comes amid high tensions between the United States and China in the wake of the Chinese spy balloon incident. During a speech in April, Yellen said the United States and China “can and need to find a way to live together” despite their differences. “A growing China that plays by international rules is good for the United States and the world,” Yellen said.

Persons: Janet Yellen, Yellen, ” Yellen, Antony Blinken, Jay Shambaugh, Xie Feng, Elon Musk, Laxman Narasimhan, Jamie Dimon, Dimon, ” Dimon Organizations: New York CNN, CNN, China Business Council, FedEx, Pepsi, Walmart, Ford, Trump, China Business, US Treasury, Treasury, JPMorgan Chase, Democrats, “, NBA Locations: United States, China, Washington, “ America

☆ Why AI Is the Key to Nvidia’s $1 Trillion Valuation
▼ + stars: | 2023-06-07 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

How Jamie Dimon Turned Chase Into the Most Powerful Bank in the U.S. When JPMorgan Chase bought First Republic Bank in May, all eyes were on its CEO, Jamie Dimon. Here’s how the executive’s strategy for managing risk propelled him to the top of the banking world. Photo illustration: John McColgan

Persons: Jamie Dimon, JPMorgan Chase, John McColgan Organizations: Bank, JPMorgan, First Republic Bank Locations: U.S

☆ Citi CEO commits to China expansion, Beijing says
▼ + stars: | 2023-06-07 | by ( Selena Li | ) www.reuters.com time to read: +2 min

The CEO also held meetings with Citi staff and clients, which include some of the largest U.S. multinational companies with presence in China, a Citi spokesperson said. Fraser's first trip to China since taking up the CEO role in March 2021 follows a visits by JPMorgan's chief Jamie Dimon last week and by other global financial executives in March. Sequoia said on Tuesday it plans to spin off its Chinese business as part of wider changes at the U.S. venture capital giant. Li told Fraser that China will open up its financial sector further. Citi is in the process of getting approval to set up a securities brokerage in China, having submitted its application in late 2021.

Persons: Jane Fraser, Fraser, Li Yunze, Li, NFRA, Fraser's, Jamie Dimon, Sequoia, Selena Li, Nivedita Bhattacharjee, Navaratnam, Alexander Smith Organizations: National Financial Regulatory Administration, Citi, U.S, United States . International, Beijing, Thomson Locations: HONG KONG, BEIJING, U.S, Beijing, China, United States, China's, Hong Kong

☆ Citigroup CEO pledges to Beijing to continue China expansion
▼ + stars: | 2023-06-07 | by ( Selena Li | ) www.reuters.com time to read: +2 min

Fraser held a meeting with the head of China's new financial regulator on Monday, the National Financial Regulatory Administration (NFRA) said in a statement on Wednesday. Most of the CEOs were reluctant publicly express their enthusiasm in growing their China business, as they tread a fine line between showing commitment to China and not antagonizing the United States. Citi currently offers corporate and institutional banking, global markets, wealth businesses and other banking services in China. The U.S. lender started winding down its retail banking business in China last December due to a global strategy shift, a move set to impact about 1,200 local staff. China will open up its financial sector further, Li Yunze, chief of China's financial regulator told Fraser.

Persons: Jane Fraser, Fraser, Morgan's, Jamie Dimon, Li Yunze, Li, Selena Li, Nivedita Bhattacharjee Organizations: National Financial Regulatory Administration, Citi, Beijing, Thomson Locations: BEIJING, China, J.P, United States, The U.S, China's, Hong Kong

And while Musk has mentioned the trip in two posts since leaving, he didn't tweet once while in China. That said, after three years of harsh COVID curbs that hampered entry into China, foreign CEOs appear eager to get the lay of the land. Sixty-seven foreign business leaders attended the high-profile China Development Forum this year, although that is still 20 fewer than in 2019. The few known comments by foreign CEOs whilst they were in China have been in line with Biden's stance that he is not seeking to decouple the world's two largest economies. The foreign ministry quoted Musk as saying he was opposed to a decoupling of the U.S. and China economies which he described as "conjoined twins".

Persons: Elon Musk, Goldman Sachs, David Solomon, Musk, Goldman's Solomon, wariness, Xi, Noah Fraser, Tesla, Goldman, Joe Biden, Tim Cook, Patrick Gelsinger, Mary Barra, Stephen Schwarzman, Jamie Dimon, Christopher Johnson, JPMorgan's Dimon, Daniel Russel, Brenda Goh, Joe Cash, Selena Li, Zhang Yan, David Brunnstrom, David Shepardson, Edwina Gibbs Organizations: Media, Twitter, Canada China Business Council, EU Chamber of Commerce, U.S . Department of Commerce, U.S, flashpoints, General Motors, China, China Strategies, U.S ., JPMorgan, Blackstone, Intel, JPMorgan Global China Summit, Asia Society Policy Institute, Thomson Locations: SHANGHAI, BEIJING, China, Shanghai, U.S, Washington, Beijing, Blackstone's, East, Hong Kong

☆ JPMorgan CEO Jamie Dimon says consumers are in 'great shape' but the economy will face headwinds down the road
▼ + stars: | 2023-06-07 | by ( Zinya Salfiti | ) www.businessinsider.com time to read: +2 min

US consumers are in great shape but the economy will face headwinds down the road, Jamie Dimon said. The JPMorgan CEO noted that prices of homes and assets had gone up and that debt is in a "good position". Sign up for our newsletter to get the inside scoop on what traders are talking about — delivered daily to your inbox. "The thing about the economy is that today's still doing fine, consumers are in great shape, home prices have gone up for 10 years, asset prices have gone up, debt's in good position," Dimon told reporters on Capitol Hill in Washington, DC on Tuesday. People rely on the consistency standards that we have, the rule of law, or investor protections – we shouldn't be challenging that."

Persons: Jamie Dimon, —, today's, Dimon, we'll, it's, I'd Organizations: JPMorgan, Service, Capitol, Deutsche Bank Locations: Washington , DC, Ukraine, United States

☆ JPMorgan's Jamie Dimon to meet with group of US House Democrats - Bloomberg News
▼ + stars: | 2023-06-06 | by ( ) www.reuters.com time to read: +1 min

June 5 (Reuters) - JPMorgan Chase & Co (JPM.N) Chief Executive Officer Jamie Dimon will meet privately with a group of moderate House Democrats on Tuesday, with banking and the U.S. economy on the agenda, Bloomberg News reported on Monday citing people familiar with the matter. Dimon will meet with the New Democratic Coalition in a closed-door lunch, the report said. JPMorgan and members of New Democratic Coalition did not immediately respond to Reuters requests for comment outside business hours. Last month, Bloomberg reported that Dimon along with other banking executives met with Senate Majority Leader Chuck Schumer, a New York Democrat, to discuss the federal debt limit. Reporting by Jose Joseph in Bengaluru; Editing by Jacqueline Wong & Simon Cameron-MooreOur Standards: The Thomson Reuters Trust Principles.

Persons: Jamie Dimon, Dimon, Chuck Schumer, Jose Joseph, Jacqueline Wong, Simon Cameron, Moore Organizations: JPMorgan Chase &, Democrats, Bloomberg, New Democratic Coalition, JPMorgan, New, New York Democrat, Thomson Locations: U.S, New York, Bengaluru

☆ JPMorgan CEO Jamie Dimon: The economy is still doing fine
▼ + stars: | 2023-06-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJPMorgan CEO Jamie Dimon: The economy is still doing fineJPMorgan CEO Jamie Dimon joins 'The Exchange' to discuss doing business with China, strengthening bipartisan and diplomatic relationships, and the state of the U.S. economy.

Persons: Jamie Dimon Locations: China, U.S

☆ First on CNN: Jamie Dimon told House Democrats that Congress should 'get rid of' the debt ceiling, source says
▼ + stars: | 2023-06-06 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

CNN —During a closed-door lunch on Tuesday, JPMorgan Chase CEO Jamie Dimon told moderate House Democrats that Congress should abolish the debt ceiling, a person familiar with the matter tells CNN. “Get rid of it,” Dimon told lawmakers of the debt ceiling, according to the source. During the lunch, Dimon described the debt ceiling as an “unmitigated disaster” and urged lawmakers to reform it to prevent future crises, the source told CNN. “If I had my druthers, I would get rid of it one day,” Dimon told reporters in comments aired by CNBC. They are not a ten-foot giant,” Dimon told reporters after the lunch, speaking of China.

Persons: Jamie Dimon, ” Dimon, Dimon, Annie Kuster, “, it’s, “ It’s, Jerome Powell Organizations: CNN, JPMorgan, Democrats, “, New Democrat Coalition, New, CNBC Locations: New Hampshire, United States, China, America

☆ JPMorgan CEO Jamie Dimon arrives at Capitol Hill to meet with House Democrats
▼ + stars: | 2023-06-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJPMorgan CEO Jamie Dimon arrives at Capitol Hill to meet with House DemocratsCNBC's Eamon Javers and JPMorgan's Jamie Dimon on 'Halftime Report' to discuss meeting with democrats on Capitol Hill, Dimon's presidential candidacy plans, and expectations for the Fed's July actions.

Persons: Jamie Dimon, Democrats CNBC's Eamon Javers Organizations: Democrats, Capitol

☆ After the turmoil in regional banks, here comes new regulation
▼ + stars: | 2023-06-05 | by ( Jeffrey Cane | ) www.businessinsider.com time to read: +4 min

Biggest US banks could see 20% boost in capital requirements, Wall Street Journal reports. Midsize regional banks underwent extreme stress earlier this year, with First Republic and two others failing, yet the biggest banks in the US may be the ones hit with tougher regulatory rules. The proposals are expected as soon as this month and will vary based on the bank's businesses, according to the Journal. After the financial crisis of 2007-2008, regulators worldwide sought to bolster banks' capital requirements. And the recent turmoil in the US regional banks only underscored the current strength of the mega banks, suggesting that the focus on increasing capital at the biggest institutions was misplaced.

Persons: JPMorgan Chase, Goldman Sachs –, Banks, Morgan Stanley, Jamie Dimon, Jane Fraser Organizations: Wall Street, Morning, First, Street Journal, Banks, JPMorgan, Federal Reserve, Basel III, Committee, America Locations: First Republic, Basel

☆ Jamie Dimon, America’s top banker, has 'no plans’ to run for office
▼ + stars: | 2023-06-05 | by ( Hugh Son | ) www.cnbc.com time to read: +2 min

JPMorgan Chase CEO Jamie Dimon has "no plans" to run for office, according to a statement from the bank Monday. Last week, hedge fund manager Bill Ackman tweeted that Dimon should run for president in the upcoming 2024 elections. That came after Dimon said in a recent interview that he would like to one day serve his country "in one capacity or another." "As he has said in the past, Jamie has no plans to run for office," the bank said in its statement Monday. Last month, at the firm's annual investor day, an analyst asked Dimon how many more years he expected to serve as CEO.

Persons: Jamie Dimon, Schumer, JPMorgan Chase, Bill Ackman, Dimon, Jamie, Donald Trump, Morgan Stanley, James Gorman, Dimon didn't Organizations: JPMorgan, U.S, Capitol Locations: Washington , U.S, JPMorgan, York

☆ Why Russia Is Suspending a Nuclear-Arms Treaty With the U.S.
▼ + stars: | 2023-06-02 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

Persons: Jamie Dimon, JPMorgan Chase, John McColgan Organizations: Bank, JPMorgan, First Republic Bank Locations: U.S

☆ JPMorgan's Jamie Dimon to visit Taiwan after China trip - Bloomberg News
▼ + stars: | 2023-06-02 | by ( ) www.reuters.com time to read: 1 min

June 1 (Reuters) - JPMorgan Chase & Co (JPM.N) Chief Executive Officer Jamie Dimon is planning to visit Taiwan after wrapping up his trip to China, Bloomberg News reported on Friday. Reporting by Mrinmay Dey in Bengaluru; Editing by Dhanya Ann ThoppilOur Standards: The Thomson Reuters Trust Principles.

Persons: Jamie Dimon, Mrinmay Dey, Dhanya Ann Thoppil Organizations: JPMorgan Chase &, Bloomberg, Thomson Locations: Taiwan, China, Bengaluru

☆ JPMorgan's No. 2 explains how the fintech threat made the nation's largest bank even bigger
▼ + stars: | 2023-06-02 | by ( Kaja Whitehouse | ) www.businessinsider.com time to read: +3 min

JPMorgan Chase, the nation's largest bank by assets, is getting bigger every day. The bank's second-in-command said the fintech threat is driving some of its expansion plans. 2, Daniel Pinto, suggested that the looming fintech threat is also responsible for JPMorgan's retail banking expansion in Europe. It plans to spend $15.3 billion on tech in 2023, up $14 billion from last year. Last month, JPMorgan agreed to pay about $10.6 billion to buy First Republic Bank after the smaller bank was seized by regulators.

Persons: JPMorgan Chase, Daniel Pinto, Jamie Dimon's, fintechs, Dimon's, Pinto, Bernstein, JPMorgan Organizations: JPMorgan Chase, JPMorgan, Morning, Bloomberg, First, Bank Locations: Europe, United States, Germany, America

But China, which bristles at visits to Taiwan by foreign government officials, tends to ignore trips by business executives, who usually keep clear of politics. Dimon will meet bank employees and clients in Taiwan on his visit, said the source, who sought anonymity as the plans were not public, while adding that no meetings were planned with Taiwan officials. As part of his Asia tour, Dimon will also visit South Korea after the Taiwan trip, said the source. But there was no plan for President Tsai Ing-wen to meet Dimon, her office said on Friday. Dimon favours East-West "derisking" rather than decoupling, he told the three-day JPMorgan Global China Summit event in the city on Wednesday.

Persons: Jamie Dimon, Andrew Collier, Dimon, Nvidia Corp's, Jensen Huang, Pat Gelsinger, Dimon's, Ma Ying, Tsai Ing, Chen Jining, Selena Li, Kane Wu, Scott Murdoch, Ben Blanchard, Emily Chan, Mrinmay Dey, Sumeet Chatterjee, Clarence Fernandez Organizations: JPMorgan Chase &, JPMorgan, Orient Capital Research, Bloomberg, Wall, U.S, Nvidia, Intel, Financial, Commission, Shanghai's Communist, JPMorgan Global China, Thomson Locations: Taiwan, China, Taipei, Beijing, Hong Kong, Asia, South Korea, East, United States, Sydney, Bengaluru

☆ President Dimon would be square peg in Oval hole
▼ + stars: | 2023-06-02 | by ( John Foley | ) www.reuters.com time to read: +4 min

NEW YORK, June 2 (Reuters Breakingviews) - The idea of Jamie Dimon running for U.S. president makes sense in one way: After helming JPMorgan (JPM.N), the biggest bank in the Western world, there aren’t many bigger jobs. There are big reasons, however, why Dimon would be a square peg in an Oval Office. If part of former U.S. President Donald Trump’s appeal rested on empty claims of business savvy, Dimon is the real deal. Trump’s financial failings and Epstein connections didn’t stick, but Dimon probably won’t want to test voters again. Follow @johnsfoley on TwitterCONTEXT NEWSBillionaire fund manager Bill Ackman tweeted on May 31 that JPMorgan CEO Jamie Dimon should run for president in the 2024 elections.

Persons: Jamie Dimon, Bill Ackman, Donald Trump’s, Aubrey Immelman, There’s, Jobs, Jeffrey Epstein, Epstein, Dimon, Joe Biden, Donald Trump, Ron DeSantis, Jeffrey Goldfarb, Sharon Lam Organizations: YORK, Reuters, U.S, JPMorgan, ” Banking, Congress, Bloomberg, Trump, Florida, Republican, Thomson

☆ Jamie Dimon denies knowledge of JPMorgan concerns over Epstein in lawsuit deposition
▼ + stars: | 2023-06-01 | by ( Lauren Del Valle | ) edition.cnn.com time to read: +6 min

Dimon made the remarks in a deposition for lawsuits against the bank related to its alleged role in Epstein’s sex trafficking crimes. Dimon testified that he had never personally met or spoken over the phone with Epstein. Dimon testified that the bank’s general counsel would have had the final say to cut ties with a client like Epstein. According to Dimon, Staley and Erdoes could not have overridden the general counsel. “What has become clear is that Epstein could not have run his sex trafficking operation without the valuable assistance of JPMorgan, Chase.

Persons: Jamie Dimon, Jeffrey Epstein’s, Dimon, Epstein, James “ Jes ” Staley, wasn’t, JPMorgan Chase, Staley, who’s, ”, Jeffrey Epstein, JPMorgan’s, Steve Cutler, ” Dimon, Cutler, Jes Staley, Mary Erdoes, Erdoes, “ Mr, Brad Edwards, ” Edwards, I’m, “, CNN’s Poppy Harlow Organizations: New, New York CNN, JPMorgan, CNN, Virgin Islands, Chase, Firm Locations: New York, Virgin, Florida

☆ JPMorgan CEO Jamie Dimon is eyeing another career after banking — he's considering getting into politics next
▼ + stars: | 2023-06-01 | by ( Huileng Tan | ) www.businessinsider.com time to read: +2 min

JPMorgan CEO Jamie Dimon told Bloomberg TV he has considered going into politics. Billionaire investor Bill Ackman urged Dimon to run for president in a tweet and gave him a glowing testimony. But Dimon said last week that he intends to run JPMorgan for another three-and-a-half years. JPMorgan CEO Jamie Dimon has hinted that he may be getting into politics after retiring from his banking career. Jamie Dimon is that leader," the CEO of hedge fund Pershing Square tweeted.

Persons: Jamie Dimon, Bill Ackman, Dimon, it's, Ackman, I'm Organizations: Bloomberg, JPMorgan, Morning, Wednesday, Reuters, US

☆ Premarket stocks: The Fed can't figure out what's happening with the job market
▼ + stars: | 2023-06-01 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

New data out Wednesday showed that job openings and hiring both rose in April, while unemployment sits near 53-year lows. What’s happening: The number of available jobs in the United States rose unexpectedly in April after three months of declines. Job openings climbed to 10.1 million in April, according to data released Wednesday by the Bureau of Labor Statistics. Fed Chair Jerome Powell has said that he wants to see more slack in the labor market. “I love what I do,” Dimon told Bloomberg, adding he’s “quite happy” in his current job.

Persons: won’t, —, Jerome Powell, Philip Jefferson, ”, Jefferson, Mark Hamrick, “, Sam Stovall, David Kotok, Joe Biden, It’s, Mitch McConnell, ” Biden, Biden, Jamie Dimon, Elon Musk, Dimon, he’s, ” Dimon, Matt Egan, he’d Organizations: CNN Business, Bell, New York CNN, Federal Reserve, Bureau of Labor Statistics, BLS, Fed, Index, Commerce Department, FedWatch, Cumberland Advisors, Senate, ”, JPMorgan, Bloomberg Television, Bloomberg Locations: New York, China, Europe, United States, America

☆ From Wall Street to Washington: Which finance execs would make the best public servants?
▼ + stars: | 2023-06-01 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

There has long been speculation that America's most-famous banker has plans to run for some sort of public office. The path from Wall Street to Washington is well worn, with plenty of high-profile executives taking up positions in the government. When most Wall Street executives were still afraid of the public cloud, she was ready to embrace it with open arms. Jon Gray — Treasury SecretaryBlackstone's president and chief operating officer has already had a brush with public office. The idea of him holding public office doesn't seem far-fetched.

Persons: Dan DeFrancesco, TikTok, I'm, we've, nabbing, Joe Biden's, Kevin McCarthy's, Jamie Dimon, Larry Downing, hasn't shied, Dimon, Dimon's, Bill Ackman, Kenneth Chenault —, Kathy Hochul, she's, Chenault, He's, Larry Fink —, We've, Larry, Fink, Adena Friedman, Friedman, Jon Gray —, Gray, Donald Trump, Gray's, Wall, Sen, Elizabeth Warren, Ken Griffin, Griffin, hasn't, Griffin hasn't, Ron DeSantis, he'll, Brian Moynihan —, Moynihan, Dan Schulman —, PayPal — he's, Taylor Swift, Kevin Mazur, Larry Fink, Franklin Templeton, It's, Rockefeller, Stephen Schwarzman, Warren Buffett, Cliff Asness, that's, Here's, Jeffrey Cane, Nathan Rennolds Organizations: JPMorgan, REUTERS, Bloomberg, American Express, Catalyst, Washington Post, BlackRock, SEC, CFTC, OCC, Nasdaq, Wall, Democrat, GOP, Florida Gov, Commerce, PayPal, Express, Virgin Mobile, Rockefeller Capital Management, Putnam Investments, Blackstone, Credit Suisse, UBS, Reuters, LinkedIn Locations: NYC, Washington, New York, Florida, Chicago, Miami, Ohio, Swiss, London

☆ Wall Street faces life in China’s second tier
▼ + stars: | 2023-06-01 | by ( Antony Currie | ) www.reuters.com time to read: +8 min

Recent earnings reports from U.S. investment banks defy the sober mood among China-focused financiers. Morgan Stanley’s (MS.N) Asia revenue in the first three months of the year was almost 40% above the final quarter of 2022. Companies going public in Hong Kong have raised $2 billion so far this year, per Dealogic. At some point Hong Kong IPOs and cross-border M&A are likely to perk up. Many of those trades flow through the Hong Kong bourse’s Stock Connect links to the Shanghai and Shenzhen exchanges.

Persons: Jamie Dimon, outlast, It’s, Morgan Stanley’s, Sharon Yeshaya, Goldman Sachs’s, that’s, Stephanie Hui, Goldman Sachs, ”, Morgan Stanley, Goldman, That’s, Breakingviews, Hong Kong, Peter Thal Larsen, Katrina Hamlin Organizations: MELBOURNE, Reuters, JPMorgan, Communist Party, Companies, HK, KKR, Reuters Graphics, Tuesday, Bank of America, Wall, China Securities, Financial Times, Apple, Hong Kong bourse’s, Goldman, JPMorgan –, Bloomberg, Thomson Locations: China, Shanghai, U.S, Asia, Hong Kong, Macau, Taiwan, Beijing, Washington, United States, People’s Republic, Germany, Hong, Shenzhen, Greater China, Pacific

☆ Ex-JPMorgan executive wrote Epstein 'should not be a client' in 2011 email -deposition
▼ + stars: | 2023-05-31 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +3 min

Dimon said in the deposition he was not aware of the email at the time but "I know it today." Epstein was a JPMorgan client from 2000 to 2013, remaining so after pleading guilty in 2008 to a Florida state prostitution charge. In the deposition, Dimon also repeatedly denied speaking about Epstein with Staley, who was friendly with Epstein. Staley has said he regrets his friendship with Epstein, but denied knowing about Epstein's alleged sex trafficking. Epstein died in 2019 in a Manhattan jail cell while awaiting trial on sex trafficking charges.

Persons: Morgan Chase, Mike Segar, Jeffrey Epstein, Jamie Dimon, Dimon, Epstein, Ghislaine Maxwell, Stephen Cutler, Jes Staley, Mary Erdoes, Cutler, David Boies, Jane Doe, JP Morgan, Staley, Erdoes, Niket, Luc Cohen, Saumyadeb Chakrabarty, Rosalba O'Brien Organizations: Co, New York City, REUTERS, JPMorgan Chase &, Reuters, U.S ., JPMorgan, Virgin, The New York Times, Thomson Locations: New York, U.S, U.S . Virgin Islands, Florida, Manhattan, Bengaluru

Companies JPMorgan Chase & Co FollowNEW YORK, May 31 (Reuters) - JPMorgan Chase & Co's (JPM.N) former general counsel Stephen Cutler wrote in a 2011 email that the late financier and sex offender Jeffrey Epstein should not be a client of the bank, according to a transcript of a deposition of Chief Executive Jamie Dimon obtained by Reuters. Dimon said in the deposition he was not aware of the email at the time but "I know it today." Reporting by Luc Cohen in New York Editing by Chris ReeseOur Standards: The Thomson Reuters Trust Principles.

Persons: Stephen Cutler, Jeffrey Epstein, Jamie Dimon, Dimon, Luc Cohen, Chris Reese Organizations: JPMorgan Chase, Reuters, Thomson Locations: New York

☆ Why Ukraine Might Struggle to Maintain U.S. M1 Abrams Tanks
▼ + stars: | 2023-05-31 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

Persons: Jamie Dimon, JPMorgan Chase, John McColgan Organizations: Bank, JPMorgan, First Republic Bank Locations: U.S

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