JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City. JPMorgan Chase is ranked by S&P Global as the largest bank in the United States and the 5th largest bank in the world with total assets of $3.213 trillion.
Manhattan-based brokers Matthew Hoffman and Scott Rappaport, who managed a $1.4 billion book at J.P. Morgan, moved a block north on Park Avenue to UBS.
Sieg, who had been running practice management for almost a year and is brother of Merrill wealth head Andy Sieg, takes the reins from Chris Harvey.
A former JPMorgan Chase & Co. financial adviser accused of trading his wealthy grandmother’s assets without her knowledge has been barred from working as a broker by the industry’s watchdog, according to information on the Financial Industry Regulatory Authority’s website.
For at least the second time this year, the bank’s broker-dealer deployed the aggressive defensive legal tactic.
JPMorgan Chase & Co. said it plans to hire 300 additional Black and Latinx wealth advisers by 2025 to serve more clients from those communities and allow employees from diverse backgrounds to advance in their careers.
Broker whose allegedly improper trading in an elderly client’s account was the subject of two New York Times articles agreed to an 18-month suspension and $10,000 fine.
Former brokers claim that the “arbitration process broke down” over the five weeks of virtual hearings and arbitrators “exceeded their powers” in failing to postpone hearings, according to a federal court filing.
Walmart Inc. just took one step closer to being JPMorgan Chase & Co.’s biggest nightmare.
JPMorgan Chase & Co. is the latest Wall Street firm floating the idea of investors using Bitcoin as a way to diversify their portfolios.
New Orleans-area advisor who was managing $145 million at a Chase branch allegedly violated employment agreements by soliciting former clients.
Former JPMorgan Chase bank-based broker acceded to his former firm’s customer contact block but did not admit wrongdoing.