Category: JPMorgan Chase

Shareholders Charge Political Bias at PayPal

The Securities and Exchange Commission (SEC) sided with conservative investors this week in their request to investigate what they say is PayPal’s systematic political and religious discrimination against customers. Over the objections of PayPal’s management, the SEC allowed a proposal by the National Center for Public Policy Research (NCPPR) to go to a shareholder vote…


SEC Sides With Conservative Investors Charging Discrimination at PayPal

The Securities and Exchange Commission (SEC) sided with conservative investors this week in their request to investigate what they say is PayPal’s systematic political and religious discrimination against customers. Over the objections of PayPal’s management, the SEC allowed a proposal by the National Center for Public Policy Research (NCPPR) to go to a shareholder vote…


Conservative Shareholders Charge Discrimination at PayPal

The Securities and Exchange Commission (SEC) sided with conservative investors this week in their request to investigate what they say is PayPal’s systematic political and religious discrimination against customers. Over the objections of PayPal’s management, the SEC allowed a proposal by the National Center for Public Policy Research (NCPPR) to go to a shareholder vote…


Banks Spend Billions on Climate, Racial Equity

In this year’s annual reports to shareholders, America’s largest banks proclaimed their allegiance to climate activism, racial equity, and other progressive causes, spending billions in shareholders’ money to support this agenda. Similar in vein to BlackRock CEO Larry Fink’s annual letter, which often pushed other CEOs to get in line with initiatives like renewable energy,…


Shareholders Say JPMorgan Chase Has ‘Disturbing Trend’ of Political Bias

Investors who are fighting the politicization of America’s banks scored a rare win last week with a Securities and Exchange Commission (SEC) ruling that allowed a shareholder proposal in favor of political and religious diversity at JPMorgan Chase to go forward, despite the bank’s objections. On March 29, the SEC green-lighted a shareholder proposal that…


LIVE 5 PM ET: NTD Business (April 4): Trump Pleads Not Guilty; Bank Crisis Not Over, China a Threat: JPMorgan CEO

Charges in the Trump criminal case unsealed. The former president pleads not guilty. What are the political implications of the case? We have analysis. A surprising warning from a global banking leader. In an annual letter, the CEO of JPMorgan points to China’s growing influence. …


NTD Business (April 4): Trump Pleads Not Guilty; Bank Crisis Not Over, China a Threat: JPMorgan CEO

Charges in the Trump criminal case are unsealed. The former president pleads not guilty. What are the political implications of the case? We have analysis. In a surprising warning from a global banking leader, the CEO of JPMorgan pointed to China’s growing influence in an annual letter. Stories in this episode: 1. Trump Pleads Not…


A ‘Feel-Good’ Period Before ‘Inevitable’ US Recession: JPMorgan Investment Officer

Markets could see a rally before an inevitable downturn, said Bob Michele, the chief investment officer of JPMorgan Asset Management, adding that American investors are cleaning out their portfolios with assets that can withstand an economic recession. “I actually think in the next quarter, we could see risk assets rally. Having been an investor through…


JPMorgan Sues Former Executive Over Ties to Jeffrey Epstein

JPMorgan Chase is suing one of its former executives, Jes Staley, over his ties to the late financier and sex trafficker Jeffrey Epstein, who died mysteriously while in prison in an alleged suicide, in 2019. In late 2022, a female plaintiff filed a lawsuit against JPMorgan, accusing Staley, who was employed there from 1979 to 2013, of allegedly…


US Virgin Islands Attorney General Fired Days After Suing JPMorgan Chase Over Alleged Epstein Aid

U.S. Virgin Islands Attorney General Denise George was removed from her position on Dec. 31, just days after filing a lawsuit alleging that JPMorgan Chase & Co. aided convicted pedophile Jeffrey Epstein in carrying out his sex trafficking crimes. George had served under the administration of Democrat Gov. Albert Bryan Jr. for four years. “I…