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.
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.
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.
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.
Of the 792 proposed virtual hearings between March 2020 and July, 453 drew contested motions, according to the industry self-regulator’s data.
The case marks at least the second agreement that J.P. Morgan has secured against large private bank defectors in recent months.
Clarence Nunn will report to wealth CEO Barry Sommers and Kleber Santos, head of diverse segments, representation and inclusion.
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.
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.
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.