The “Governmental Services Corporation” UNITED STATES, INC knows all this. JPM was fined $2 billion to settle the legal matter with Madoff. The amazing thing about banks is that the Fine is a liability, which the bank is then allowed to underwrite! 19 more words
Tags » JPMorgan
There is much rhetoric about higher interest rates being a headwind for equity markets. Heck we have even mentioned it multiple times. While we agree the immediate/short term reaction may be a headwind, longer term may be a much different story. 153 more words
J.P. Morgan’s private bank is reportedly slashing about 100 jobs as the unit itself shifts focus to a more condensed group of ultra-high-net-worth clients.
The cuts will affect employees in several locations and departments, the… 252 more words
I haven’t published anything in over a week. No, the world has not stopped spinning down its fateful path, as you will see if you peruse the following headlines I managed to collect as I was busy applying post-trauma care to my beloved mare, Nellie. 1,896 more words