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JPMorgan Chase And Jane Doe 1 Reach Settlement In Lawsuit Related To Jeffrey Epstein's Crimes
(RTTNews) - The parties in Jane Doe 1 v. JPMorgan Chase Bank, N.A. have informed the Court that they have reached an agreement in principle to settle the putative class action lawsuit related to Jeffrey Epstein's crimes, which is subject to court approval.
The litigation is still pending between the US Virgin Islands and JPMorgan Chase, as are JPMorgan Chase's claims against Jes Staley.
The parties believe this settlement is in the best interests of all parties, especially the survivors who were the victims of Epstein's terrible abuse.
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JPMorgan Stock Gains On Q1 Results Above Street, AUM Strength
Shares of JPMorgan Chase & Co. were gaining around 2 percent in the pre-market activity on the NYSE after the banking major reported Friday higher profit and revenues in its first quarter, both above market estimates, despite significant growth in provision for credit losses. Assets under management climbed from last year, driven by continued net inflows and higher market levels.
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JPMorgan Q2 Results Top Estimates - Update
US investment bank JPMorgan Chase & Co. (JPM) reported Friday net income for the second quarter that surged to $18.15 billion or $6.12 per share from $14.72 billion or $4.75 per share in the prior-year quarter.
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JPMorgan Q1 Profit Up 6%, Results Top Estimates
US investment bank JPMorgan Chase reported Friday a profit for the first quarter that grew six percent from last year, driven by double-digit net interest income growth and lower provisions for credit losses. Both adjusted earnings per share and revenues for the quarter topped analysts' expectations.
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JPMorgan Chase Q1 Results Top Estimates
US investment bank JPMorgan Chase & Co. (JPM) reported Friday that net income for the first quarter increased to $13.42 billion or $4.44 per share from $12.62 billion or $4.10 per share in the prior-year quarter.
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JPMorgan CEO Jamie Dimon's FY23 Pay Rises
Banking major JPMorgan Chase & Co.'s annual compensation to CEO James Dimon for fiscal 2023 has been increased from last year, according to a filing with the U.S. Securities And Exchange Commission. The Board of Directors of the bank approved the annual compensation for Dimon of $36 million, compared to last year's $34.50 million.
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JPMorgan Q4 Profit Down 15%, But Results Top Estimates
US investment bank JPMorgan Chase reported Friday a profit for the fourth quarter that decreased 15 percent from last year, reflecting double-digit net interest income growth, boosted by higher interest rates. Both adjusted earnings per share and revenues for the quarter topped analysts' expectations.
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JPMorgan Q3 Profit Up 35%, Results Top Estimates
US investment bank JPMorgan Chase reported Friday a profit for the third quarter that grew 35 percent from last year, driven by lower provision for credit losses and higher net interest income. Both earnings per share and revenues for the quarter topped analysts' expectations.
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JPMorgan Chase Q3 Results Top Estimates
US investment bank JPMorgan Chase & Co. (JPM) reported Friday that net income for the third quarter increased to $13.15 billion or $4.33 per share from $9.74 billion or $3.12 per share in the prior-year quarter.
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