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JPMorgan Chase & Co. (JPM)

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  • Reuters

    UPDATE 1-JPMorgan Chase sues Russia's VTB Bank over effort to unfreeze assets

    JPMorgan Chase sued Russia's state-owned VTB Bank on Thursday to halt its efforts to recover $439.5 million from an account that was blocked after Russia invaded Ukraine and VTB was hit with sanctions. In a complaint filed in federal court in Manhattan, JPMorgan said VTB filed a lawsuit on Wednesday in Russia to recover the money in "blatant breach" of its agreement to have disputes addressed in New York.

  • Bloomberg

    Treasuries Stumble on Mere Mention of Fed Rate Hike by Williams

    (Bloomberg) -- The US bond market’s recovery was cut short by a Federal Reserve official’s mere mention of the possibility of an interest-rate increase.Most Read from BloombergElon Wants His Money BackDubai Grinds to Standstill as Flooding Hits CityRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingSingapore Loses ‘World’s Best Airport’ Crown to QatarRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsIn response to a question during a conference in Washington, New

  • Bloomberg

    Relatively High Chance of No Rate Cuts This Year, JPMorgan’s Pinto Says

    (Bloomberg) -- The Federal Reserve may not cut interest rates at all this year with inflation remaining high, said JPMorgan Chase & Co. President Daniel Pinto.Most Read from BloombergDubai Grinds to Standstill as Flooding Hits CityElon Wants His Money BackRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingSingapore Loses ‘World’s Best Airport’ Crown to QatarRed Lobster Considers Bankruptcy to Deal With Leases and Labor Costs“It may take a bit longer until they can cut rates,” Pinto