Mar 14, 2024 · The Federal Reserve Board on Thursday issued an enforcement action against JPMorgan Chase & Co. and fined the firm approximately $98.2 million for an inadequate program to monitor firm and client trading activities for market misconduct.

WHEREAS, JPMorgan Chase & Co., New York, New York (“JPMC”), is a registered bank holding company that owns and controls JPMorgan Chase Bank, N.A., Columbus, Ohio (the “Bank”), other U.S. insured depository institutions, Edge Act corporations organized under section 25A of the Federal Reserve Act (12 U.S.C. § 611 . et seq.

Jan 23, 2025 · In a 35-page letter sent to JPMorgan Chase’s board audit committee, the whistleblower, a former JPMorgan Chase banker, alleged the firm “misrepresented” several indicators used to assess its complexity by the Federal Reserve by engaging in a process called “netting,” which is prohibited under Fed rules and international standards.

Mar 14, 2024 · JPMorgan Chase was fined $348.2 million by the Federal Reserve Thursday over an “inadequate program to monitor firm and client trading activities for market misconduct,” the Fed’s Board and...

Mar 14, 2024 · WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced a $250 million civil money penalty against JPMorgan Chase Bank, N.A. (JPMC) related to deficiencies in its trade surveillance program.

Jan 20, 2025 · JPMorgan Chase & Co. (NYSE:JPM) just posted very strong fourth quarter results. But what happens next may well depend upon the Federal Reserve Board of Governors.

Jun 30, 2023 · JPMorgan Chase & Co. (NYSE: JPM) (“JPMorgan Chase” or the “Firm”) announced today that it has completed the Federal Reserve’s 2023 Comprehensive Capital Analysis and Review (“CCAR”) stress test process.

Jun 26, 2024 · JPMorgan Chase & Co. (NYSE: JPM) (“JPMorgan Chase” or the “Firm”) has reviewed the Federal Reserve’s 2024 stress test results and specifically the Federal Reserve’s projections for Other Comprehensive Income (“OCI”). Based on the Firm’s own assessment, the benefit in OCI appears to be too large.

Several of America’s largest banks, including JPMorgan Chase, Citibank, and Goldman Sachs, are considering legal action against the U.S. Federal Reserve. Spearheaded by Eugene Scalia, a...

May 19, 2019 · A repository of financial data and institution characteristics collected by the Federal Reserve System