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.
JP Morgan
Ex-J.P. Morgan Broker Seeks to Vacate $450K Arb Award
Barney Greengrass, a scion to the New York bagel empire by the same name, is hoping a court will revive his $13 million claim that another employee poached his largest client.
Bank of America, JPMorgan Make It More Expensive to Stay Unvaxxed
Meanwhile, Wells Fargo is “reviewing the new requirements” set out by the Biden administration as it evaluates potential policy changes.
Wells Nabs $1 Mln-Plus Producers in TX and OH, Loses Indie Broker to LPL
M. Tracy Barker, a 33-year industry veteran in Cincinnati, is joining Wells and bringing along his daughter, previously a Proctor & Gamble finance manager, as a trainee.
Former J.P. Morgan Broker Ordered to Pay Ex-Wife $2.5 Million in Unsuitable Trading Case
Barry S. Snyder, who also has an ongoing lawsuit against J.P. Morgan Securities over his 2015 discharge, is mulling asking a court to vacate the award, his lawyer said.
J.P. Morgan Advisors Draws $300 Million-AUM Broker from Wells in NYC
Raymond J. Hayes, a 37-year industry veteran, joins J.P. Morgan’s division of traditional brokers as the firm envisions doubling its headcount over the next five to seven years.
Lawyers Just Say ‘No’ to Zoom for Finra Arbitration Hearings
Of the 792 proposed virtual hearings between March 2020 and July, 453 drew contested motions, according to the industry self-regulator’s data.
Morgan Stanley Utah Broker Agrees to Stop Contacting Ex-Clients at J.P. Morgan Private Bank
The case marks at least the second agreement that J.P. Morgan has secured against large private bank defectors in recent months.
Wells Fargo Nabs JPMorgan Bank Exec to Lead its Bid for Diverse Client Roster
Clarence Nunn will report to wealth CEO Barry Sommers and Kleber Santos, head of diverse segments, representation and inclusion.
J.P. Morgan Parts Ways with Top Broker Facing $62.3 Million in Customer Claims
Edward L. Turley, a 28-year industry veteran in San Francisco, faces five high-dollar customer claims that have cropped up since the March 2020 pandemic-induced market crash.
J.P. Morgan Private Bank Secures Non-Solicit Agreement From UBS Duo in Texas
Joel East and John Farrell, who left J.P. Morgan’s private bank in the spring to join UBS Private Wealth Management in Fort Worth, Texas, agreed to stop soliciting customers pending the outcome of an arbitration case.
J.P. Morgan Takes Chicago RIA Cresset to Court in Dispute Over Raiding of Private Bankers
The bank is looking to force Cresset to turn over documents related to an arbitration claim it brought against its co-chairman, a former regional manager for J.P. Morgan, for allegedly violating his non-compete by hiring away from his former employer.
