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Keyword: jpmorganchase

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  • State AG coalition calling out Chase for religious discrimination

    05/04/2023 6:05:29 AM PDT · by CFW · 1 replies
    The Center Square ^ | 5/3/23 | Stephen Bittenbender
    A group of attorneys general from across the U.S. is going after one of the country’s largest banks, which it claims treats some Christians unfairly. In a letter recently sent to JP Morgan Chase CEO Jamie Dimon, the groups said the bank preaches “openness and inclusivity,” but it has “persistently discriminated” against some religious liberty groups. “Chase cannot call itself ‘inclusive’ and say that it ‘opposes discrimination in any form’ while simultaneously disenfranchising its clients over religious and political differences,” Kentucky Attorney General Daniel Cameron, who took the lead in the effort, said. “I’m leading this coalition to stand up...
  • JPMorgan Chase Acquires First Republic Bank with FDIC Backstopping Deal While Ignoring Current Banking Laws

    05/02/2023 7:14:22 AM PDT · by george76 · 19 replies
    Conservative Treehouse ^ | May 1, 2023 | Sundance
    there are no banking rules/laws in the Biden Fed/Treasury system. ... The Dodd-Frank laws are still on the books, but the FDIC decision to insure all deposits, regardless of size, now means those laws, rules and regulations are not required to be followed. Additionally, as a result of JPMorgan gaining another $100+/- billion in deposit assets, the law(s) surrounding the 10% U.S. deposit maximum, within too big to fail banks, no longer exists. Noted in the announcement, “JPMorgan Chase is assuming all deposits – insured and uninsured.” JPMorgan is also assuming assets consisting of $173 billion in loans and approximately...
  • The End of Faking It in Silicon Valley

    04/17/2023 2:43:51 PM PDT · by NohSpinZone · 23 replies
    NYT via SF Gate ^ | 4/17/2023 | By Erin Griffith
    Take what happened in the past two weeks: Charlie Javice, the founder of the financial aid startup Frank, was arrested, accused of falsifying customer data. A jury found Rishi Shah, a co-founder of the advertising software startup Outcome Health, guilty of defrauding customers and investors. And a judge ordered Elizabeth Holmes, the founder who defrauded investors at her blood testing startup Theranos, to begin an 11-year prison sentence April 27. *SNIP* When Javice was trying to sell her college financial planning startup, Frank, to JPMorgan Chase, she told an employee not to share exactly how many people used Frank’s service,...
  • Depositors pull nearly $60bn from three US banks as Apple raises pressure

    04/17/2023 2:41:34 PM PDT · by CFW · 19 replies
    Yahoo Finance ^ | 4/17/23 | Brooke Masters and Madison Darbyshire
    Big US financial groups Charles Schwab, State Street and M&T suffered almost $60bn in combined bank deposit outflows in the first quarter as customers continued to move their money in search of higher returns. The deposit flight has been turbocharged by the collapse last month of Silicon Valley Bank and two other US lenders, with cash moving out of bank accounts at a pace not seen since the aftermath of the 2008 financial crisis. In a fresh sign of the threat to traditional banks, Apple and Goldman Sachs on Monday announced the launch of a new savings account in the...
  • Cache Of Secret Videos, Photos Found By Jeffrey Epstein’s Estate Could Spark FBI Investigation

    04/08/2023 7:09:43 AM PDT · by dynachrome · 63 replies
    msn ^ | 4-7-23 | Douglas Charles
    According to federal court documents filed by the U.S. Virgin Islands and shared by Inner City Press, Jeffrey Epstein’s estate has discovered a cache of photos and videos. The images could be used in an ongoing lawsuit against JP Morgan Chase and Deutsche Bank for allegedly enabling Jeffrey Epstein by providing him with the funds to support his illegal lifestyle. New York Federal Judge Jed S. Rakoff wrote in a recent ruling regarding the photos and videos, “If during the course of that review, the Estate sees a particular recording that appears to contain possible CSAM [Child Sexual Abuse Material],...
  • State financial officers call on JPMorgan Chase to address politically motivated de-banking

    03/25/2023 5:29:33 AM PDT · by george76 · 21 replies
    FOX Business ^ | March 23, 2023 | Eric Revell
    JPMorgan Chase has engaged in "politically motivated de-banking" .... More than a dozen state financial officers are writing to JPMorgan Chase CEO Jamie Dimon to call on the bank to root out any internal political or anti-religious bias that may result in adverse decisions against clients of the nation’s largest bank. The letter addressed to Dimon was signed by a group of 14 Republican state auditors, controllers, and treasurers who wrote to "convey our concern that the bank is engaged in what appears to be politically motivated de-banking of certain industries, individuals, and groups." ... JPMorgan Chase has demonstrated political...
  • Fintech startup Brex got billions of dollars in Silicon Valley Bank deposits Thursday, source says

    03/10/2023 10:12:25 AM PST · by EBH · 35 replies
    CNBC ^ | 3/10/23
    Fintech startup Brex received billions of dollars in deposits from Silicon Valley Bank customers on Thursday, CNBC has learned. Other companies including JPMorgan Chase, Morgan Stanley and First Republic have also seen heightened inflows Thursday, as SVB’s stock tanked amid VC-fueled concerns of a bank run. The exodus of deposits put increased pressure on SVB, which attempted to raise equity funding earlier this week and had turned to a potential sale, CNBC reported. Regulators shut down the bank on Friday. Fintech startup Brex received billions of dollars in deposits from Silicon Valley Bank customers on Thursday, CNBC has learned. The...
  • Big 4 Banks And SVB: Canaries In The Economic Coal Mine? (SVB Racing To Prevent a Bank Run As Funds Advise Pulling Cash)

    03/10/2023 4:59:07 AM PST · by Kaiser8408a · 24 replies
    Confounded Interest ^ | 03/10/2023 | Anthony B. Sanders
    While waiting on the February jobs report from the US Bureau of Labor Statistics (BLS), I noticed that the big 4 banks (Bank of America, JPMorgan Chase, Citi and Wells Fargo) are drowning in net realized losses as The Federal Reserve combats 1) too many years of loose monetary policy under former Fed Chair Janet Yellen and 2) too much spending under Pelosi, Schumer and … McConnell. At a micro level, we have Silicon Valley Bank (SVB) SVB Is racing to prevent a bank run as funds advise pulling cash. Panic is spreading across the financial world as concerns about...
  • Who is Hunter Biden's partner Thornton Group?

    09/30/2019 6:54:07 AM PDT · by tired&retired · 21 replies
    Many Articles | Vanity
    To assist in their new venture, they(Biden & Heinz) partnered with a Massachusetts-based consultancy called the Thornton Group, headed by James Bulger, son of former Massachusetts state Sen. Billy Bulger. James Bulger has the dubious honor of being named after his uncle, the notorious mob hitman James “Whitey” Bulger. They have a Chinese counterpart Solebury Thornton (Beijing) Consulting Co., Ltd., Beijing, China
  • Biden’s visit to the Virgin Islands overlaps the firing of top prosecutor looking into Epstein’s business partners

    01/03/2023 12:48:35 PM PST · by MtnClimber · 10 replies
    American Thinker ^ | 3 Jan, 2023 | Olivia Murray
    The political cabal has sent off a new warning shot, this time aimed towards Denise George, the Attorney General of the U.S. Virgin Islands until just a few days ago, when she was promptly fired by the territory’s governor. What was her offense? Vowing to bring justice to those involved in Jeffrey Epstein’s web of pedophilia and human trafficking. From an article by Frank Bergman of Slay News: The news of George’s firing comes just days after she made global headlines by moving to bring justice to those complicit in Epstein’s crimes.As a refresher, Epstein’s island of horrors was located...
  • Virgin Islands prosecutor fired after accusing JPMorgan of aiding Epstein’s sex trafficking ring

    01/06/2023 4:53:16 PM PST · by ShadowAce · 26 replies
    Washington Times ^ | 3 January 2023 | Matt Delaney
    The top prosecutor for the U.S. Virgin Islands was fired days after she accused JPMorgan Chase in a federal lawsuit of facilitating Jeffrey Epstein’s sex trafficking activities. Virgin Islands Gov. Albert Bryan fired Attorney General Denise George on Saturday, according to the Virgin Islands Consortium. “I relieved Denise George of her duties as attorney general this weekend,” Mr. Bryan wrote in a statement acquired by Law Crime. “I thank her for her service to the people of the territory during the past four years as attorney general and wish her the best in her future endeavors.” The governor didn’t share...
  • US Virgin Islands sues JPMorgan, alleging it turned ‘blind eye’ to Jeffrey Epstein

    12/29/2022 7:22:31 AM PST · by shadowlands1960 · 27 replies
    The Hill ^ | December 28th, 2022 | Brad Dress
    The U.S. Virgin Islands on Tuesday filed a lawsuit against banking giant JPMorgan Chase, accusing the Wall Street corporation of turning a “blind eye” toward the conduct of the late disgraced financier Jeffrey Epstein. Virgin Islands Attorney General Denise George said in a complaint filed in a Manhattan District Court that JPMorgan Chase facilitated the trafficking of minors for sexual abuse at the hands of Epstein. The bank knowingly “provided and pulled the levers through which recruiters and victims were paid,” George wrote. George further alleged in the complaint that the banking giant ignored red flags for years as it...
  • Account Closed: Banks and Businesses Cancel Christians

    12/02/2022 4:20:48 PM PST · by Roman_War_Criminal · 34 replies
    Faith Wire ^ | 12/1/22 | Dale Hurd
    When the National Committee for Religious Freedom, headed by former U.S. Senator and Religious Freedom Ambassador Sam Brownback, needed a bank account, they went to JPMorgan Chase. After only a few weeks they learned their account had been closed. Multi-Faith Charity Has Its Account Closed. Why? “I went in to make a deposit at a branch here in Kansas about three or four weeks after we’d opened up the account,” Brownback told us, “And the teller there said ‘That account’s been closed.’ And I go, ‘What?’ and they said, ‘That account’s been closed. Your funds will be sent to you...
  • Top US Banks Under Investigation Over ESG And Climate Action Investing

    10/29/2022 6:14:35 PM PDT · by SeekAndFind · 11 replies
    Epoch Times ^ | 10/29/2022 | Alex Newman
    A coalition of 19 state attorneys general from across the country launched a formal investigation into six major U.S. banks last week citing legal concerns about banks’ “ESG” investing and their involvement with a United Nations alliance fighting CO2 emissions.The banks “appear to be colluding with the U.N. to destroy American companies” and undermine the nation’s best interests, one of the AGs warned in a statement e-mailed to The Epoch Times.Another AG argued that these U.N.-inspired banking policies were resulting in jobs being sent to communist China as the regime there continues building coal-fired power plants to ensure low-cost, reliable...
  • Bank Cracks Down on Religious Freedom Organization [semi-satire]

    10/16/2022 9:02:09 AM PDT · by John Semmens
    Semi-News/Semi-Satire ^ | 16 October 2022 | John Semmens
    JPMorgan Chase & Co has canceled the account of the National Committee for Religious Freedom (NCRF). While giving no specific reason for its action, the bank said it would reconsider its decision if NCRF provides its donor list, and a list of political candidates it intends to support. NCRF's founder Sam Brownback said "we started the organization in January of this year to defend religious freedom by providing a critically needed political response to the ongoing attacks, in law and culture, on America's First Freedom. The recent action by Chase illustrates why an organization like ours is needed now more...
  • JP Morgan Cancels Religious Nonprofit’s Checking Account, Demands Donor List as Condition for Reconsideration

    10/14/2022 8:21:27 PM PDT · by TigerClaws · 67 replies
    JPMorgan Chase & Co reportedly canceled the account of a religious nonprofit organization for unexplained reasons, and said it would only reconsider the decision if the group provided its donor list, and a list of political candidates it intended to support. The National Committee for Religious Freedom (NCRF) launched on January 18, 2022 “to defend religious freedom for all Americans and all their religious communities by supporting political candidates at the local, state, and national levels—regardless of party affiliation—who support the free exercise of religion,” according to its website. “Religious freedom is a cornerstone of America’s constitutional democracy and was...
  • Kanye Cancelled: JP Morgan Chase Gives No Reason for Booting Kanye West But We All Know Why

    10/12/2022 8:49:41 PM PDT · by grundle · 43 replies
    Liberty Daily ^ | October 12, 2022 | J.D. Rucker
    Singer and business empire owner Kanye West is one of the most controversial figures in the world. He’s a rapper in an industry that generally leans very much to the left, yet he’s a conservative. His Christian views are confusing to some, including many fellow Christians. And he’s never afraid to speak his mind on stage, through social media, or during interviews. But even someone like “Ye” is not immune to cancel culture and it just hit him in a big way. He now has until next month to move his financial empire out of JP Morgan Chase banks. According...
  • Chase Bank Closing Kayne West's bank accounts after Tucker Carlson Interview And Wearing 'White Lives Matter' Shirt

    10/12/2022 5:54:39 PM PDT · by Macho MAGA Man · 63 replies
    The Gateway Pundit ^ | October 12, 2022 | Jim Hoft
    Last week Kanye West and Candace Owens wore “White Lives Matter” T-shirts at a fashion show in Paris. Kanye or “Ye” then went on for an hour-long video interview with Tucker Carlson where he talked about Christ, racism, his career, his goals, etc. On Sunday Kanye West tweeted out that he wanted to go “death con 3” on Jews. This got him banned from Twitter. Ye wrote, “I’m a bit sleepy tonight but when I wake up I’m going death con 3 On JEWISH PEOPLE The funny thing is I actually can’t be Anti Semitic because black people are actually...
  • Are big banks chasing away religious organizations?

    10/06/2022 12:58:39 PM PDT · by karpov · 3 replies
    Washington Examiner ^ | October 6, 2022 | Sam Brownback
    Testifying before the Senate last month, JPMorgan Chase CEO Jamie Dimon spoke eloquently of what a wonderful country we live in and about the freedoms we enjoy. ... While I was glad to hear Dimon speak proudly of America and our freedoms, I am concerned that his bank fails to live up to such lofty ideals. He referred to religious freedom as a “foundational belief,” but his bank recently decided to close the account of the National Committee for Religious Freedom, a nonpartisan, faith-based nonprofit organization dedicated to defending the right of everyone in America to live one's faith freely....
  • Jamie Dimon says ‘brace yourself’ for an economic hurricane caused by the Fed and Ukraine war

    06/01/2022 9:54:55 AM PDT · by American Number 181269513 · 37 replies
    CNBC ^ | JUN 1 2022 | Hugh Son
    JPMorgan Chase CEO Jamie Dimon says he is preparing the biggest U.S. bank for an economic hurricane on the horizon and advised investors to do the same. “You know, I said there’s storm clouds but I’m going to change it… it’s a hurricane,” Dimon said Wednesday at a financial conference in New York. While conditions seem “fine” at the moment, nobody knows if the hurricane is “a minor one or Superstorm Sandy,” he added. “You better brace yourself,” Dimon told the roomful of analysts and investors. “JPMorgan is bracing ourselves and we’re going to be very conservative with our balance...