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JPMorgan hit with $200 million in fines for letting employees use WhatsApp to evade regulators’ reach

JPMorgan Chase is paying $200 million in fines to two U.S. banking regulators to settle charges that its Wall Street division allowed employees to use WhatsApp and other platforms to circumvent federal record-keeping laws.The Securities and Exchange Commission said Friday that JPMorgan Securities agreed to pay $125 million after admitting to “widespread” record-keeping failures in…

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JPMORGAN Dimon says he regrets Communist Party joke…

JP Morgan CEO Jamie Dimon listens as he is introduced at the Boston College Chief Executives Club luncheon in Boston, Massachusetts, U.S., November 23, 2021. REUTERS/Brian SnyderRegister now for FREE unlimited access to reuters.comHONG KONG/NEW YORK, Nov 24 (Reuters) – JPMorgan Chase (JPM.N) Chief Executive Jamie Dimon said on Wednesday he regretted his remarks that…

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JPMorgan Chase CEO Kowtows to China’s Communist Party After Joking Bank Would Outlast Party

J.P. Morgan Chase chief Jamie Dimon issued an apology to China’s Communist Party Wednesday. “I regret and should not have made that comment,” Dimon said in a statement issued by the bank Wednesday morning. “I was trying to emphasize the strength and longevity of our company.” J.P. Morgan Chase is the largest U.S. bank by…