JPMorgan Chase News

JPMorgan Chase Settles Five Enforcement Cases, to Pay $151M

JPMorgan Chase will pay $151 million to settle five U.S. Securities and Exchange Commission enforcement cases, including accusations that the largest U.S. bank made misleading disclosures to brokerage customers, the regulator said. The settlements include $61 million of civil fines …

JPMorgan Sues Customers Over Check Fraud Linked to Glitch That Went Viral

JPMorgan Chase, the largest U.S. bank, has begun suing customers for check fraud, saying they improperly withdrew funds by taking illegal advantage of a temporary technical glitch that went viral on TikTok. The glitch in late August let customers deposit …