JPMorgan Chase CEO Jamie Dimon will remain at the bank and has no plans to join the Trump administration despite questions about whether he would take a senior government role after the U.S. presidential election, a source said.
These two banking titans combine cutting-edge AI platforms with attractive valuations, offering investors a chance to profit from the future of automated finance.
More than a decade after ‘too big to fail' became a common and unwelcome phrase in many circles, the U.S. may have received another company with such a label: the American semiconductor giant Intel (NASDAQ: INTC).
Two affiliates of J.P. Morgan Chase & Co. — J.P. Morgan Securities (JPMS) and J.P. Morgan Investment Management (JPMIM) — agreed to pay $151 million in combined civil penalties and voluntary payments to investors to settle four enforcement actions brought by the Securities and Exchange Commission (SEC).
JPMorgan Chase & Co (NYSE:JPM, ETR:CMC) will reportedly pay $151 million to settle five cases with the US Securities and Exchange Commission (SEC), addressing allegations of misleading brokerage disclosures. According to news sources in the US, the settlement includes $61 million in fines and $90 million in customer reimbursements.
Investing in dividend growth stocks can help build passive income over the long term. Sometimes investing in some of the largest companies means less uncertainty going forward, even if they are less exciting. We look at 2 juggernauts in the financial space that have recently posted earnings and continue to deliver dividend growth to investors.
The SEC said that the bank's violations included misleading disclosures to investors, not acting or making recommendations in the best interest of shareholders and prohibiting joint transactions and principal trades.
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