JPMorgan
Write your own memos. Keep lists. Don’t waste time in meetings.These are just some of the management philosophies of Jamie Dimon, the billionaire banker and two-decade veteran CEO of America’s biggest bank by assets, JPMorgan Chase, which will report its first-quarter earnings later this week.In his newly released annual letter…
A federal jury in Manhattan has convicted Frank founder Charlie Javice of four counts of defrauding JPMorgan Chase.It took jurors 8 hours of deliberations over two days to reach Friday’s verdict. Over six weeks of testimony, prosecutors proved Javice used fake data to trick the world’s largest bank into buying…
Federal prosecutors say Charlie Javice tricked JPMorgan into paying $175M for her startup, Frank.At her New York fraud trial on Wednesday, her lawyers asked, without success, for a mistrial.They said prosecutors are hiding a key “witness” from jurors: the Frank website itself.Federal prosecutors are hiding an important “witness” from the…
Amazon Web Services provides data and computing technology to other companies.It has become a key part of Wall Street technology, with many firms relying on it.Here’s how it’s helping finance firms and fintechs with generative AI efforts.Generative AI has upped the ante in the public cloud war for Wall Street’s…