JPMorgan CEO Jamie Dimon in annual letter cites risks in geopolitics, AI and private markets
[ad_1] JPMorgan Chase CEO Jamie Dimon is calling for a broad recommitment to American ideals as his bank navigates geopolitical uncertainty, a teetering economy and the revolutionary impact of artificial intelligence. Dimon in his annual letter to shareholders, published Monday, noted the country’s 250th anniversary as “the perfect time to rededicate ourselves to the values […]
Epstein victims to get $72.5M from Bank of America settlement
[ad_1] A Bank of America branch in New York, US, on Saturday, Oct. 11, 2025. Michael Nagle | Bloomberg | Getty Images Bank of America has agreed to pay victims of notorious sex offender Jeffrey Epstein $72.5 million to settle a class action lawsuit alleging that the bank facilitated his sex trafficking operation, a New […]
Goldman Sachs’ Lloyd Blankfein warns Iran war fallout ‘is going to last’ even if ‘there’s a resolution tomorrow’
[ad_1] Goldman Sachs’ senior chairman and ex-CEO Lloyd Blankfein has warned that the damage from the Iran war “is going to last,” even if there were “a resolution tomorrow” — and urged investors to prioritize contingency planning amid the turmoil. Speaking with CNBC’s Steve Sedgwick on Wednesday, Blankfein suggested that certain parts of the market […]
Moody’s cuts rating on private credit fund run by KKR and Future Standard to junk as bad loans grow
[ad_1] A KKR logo displayed on the floor of the New York Stock Exchange on Aug. 23, 2018. Brendan McDermid | Reuters Moody’s Ratings on Monday downgraded a private credit fund run by KKR and Future Standard to junk amid rising bad loans and a string of weak earnings. The ratings firm lowered the debt […]
Epstein files: Goldman Sachs lawyer Kathryn Ruemmler asked to testify to House panel
[ad_1] FILE PHOTO: White House counsel Kathryn Ruemmler listens as President Barack Obama speaks at an installation ceremony for FBI Director James Comey at FBI Headquarters in Washington, Monday, Oct. 28, 2013. Charles Dharapak | AP The House committee investigating the notorious sex offender Jeffrey Epstein has asked Goldman Sachs‘ top lawyer, Kathryn Ruemmler, to […]
Epstein files: Goldman Sachs top lawyer Kathryn Ruemmler to step down after email fallout
[ad_1] FILE PHOTO: White House counsel Kathryn Ruemmler listens as President Barack Obama speaks at an installation ceremony for FBI Director James Comey at FBI Headquarters in Washington, Monday, Oct. 28, 2013. Charles Dharapak | AP Top Goldman Sachs lawyer Kathryn Ruemmler said Thursday night that she will leave the investment bank at the end […]