JPMorgan News

JPMorgan Settles for $5 Million with Employee Who Claimed Anti-Dad Bias

JPMorgan Chase & Co. has agreed to pay $5 million to resolve a discrimination claim filed by a male employee who alleged the bank’s parental leave policy was biased against dads. The payout resolves a 2017 complaint brought by the …

JPMorgan Found Not Responsible for Broker’s Suicide

A federal judge in Manhattan on Tuesday dismissed a wrongful death lawsuit against JPMorgan Chase & Co. by the estate of a former top broker, who it said committed suicide after being forced into retirement. U.S. District Judge John Keenan …

Danish Prosecutors Charge Danske with Alleged Money Laundering Violations

Denmark’s state prosecutor has filed preliminary charges against Danske Bank for alleged violations of the country’s anti-money laundering act in relation to its Estonian branch. The country’s biggest lender was placed under investigation in August over concerns that transactions worth …

UK Companies’ Role in Alleged Danske Money Laundering a ‘Disgrace’: Whistleblower

British company structures which hide the identity of those behind them were branded a disgrace by the whistleblower who brought to light an alleged 200 billion euro ($228 billion) money laundering scandal involving Danske Bank. “The role of the United …

Update: Danske Whistleblower Says U.S., European Banks Helped Launder Money

The whistleblower who revealed alleged money laundering involving Danske Bank said on Monday that a major European bank helped process up to $150 billion in suspicious payments, or nearly two-thirds of the transactions under scrutiny. Howard Wilkinson, who was head …

Deutsche Bank, BofA, JPM Drawn into Danske Money Laundering Probe: Sources

Deutsche Bank AG and Bank of America Corp. have been contacted by U.S. criminal investigators for information about transactions they handled for a small bank branch in Estonia that’s at the center of one of the biggest money-laundering investigations in …

JPMorgan, Amazon, Berkshire Venture to Target Health Issues Using Data, Technology

JPMorgan Chase & Co., Amazon.com Inc., and Berkshire Hathaway will focus on the biggest health issues threatening the U.S. economy in their new joint venture, including aligning healthcare payments with employee health and addressing chronic diseases, CEO Jamie Dimon said …

Insurance Agent Juror Says Giant $8 Billion Award Was Message to JPMorgan

Irelsie Alvarez said she and fellow jurors wanted to send JPMorgan Chase & Co. a message with their startling $8 billion verdict in a Dallas probate case — an award that’s destined to be reduced to no more than $90 …

3 Giants – Berkshire, Amazon, JPMorgan- to Form Joint Employee Health Venture

Amazon, Berkshire Hathaway and JPMorgan Chase & Co. are partnering to create an independent healthcare company for their U.S. employees that will be focused on improving employee satisfaction and reducing costs. The new venture will be “free from profit-making incentives …

JPMorgan Warns of Market Disruption If Clearing Houses Cut-Off by Brexit

Financial markets face Brexit day upheaval if clearing houses in Britain are abruptly cut off from continental customers, a senior JPMorgan bank official said on Wednesday. Sally Dewar, international head of regulatory affairs at the U.S. bank, said that without …