MAS hands JPMorgan S$2.4 million civil penalty over misconduct by its relationship managers

SINGAPORE: The Monetary Authority of Singapore (MAS) has handed JPMorgan Chase Bank a S$2.4 million (US$1.78 million) civil penalty for failing to prevent and detect misconduct by its relationship managers in Singapore. The bank's relationship managers …

MAS Imposes Civil Penalty of $2.4m on JPMorgan

The Monetary Authority of Singapore (MAS) has imposed a civil penalty of $2.4 million on JPMorgan Chase Bank, N.A. (JPM), for failing to prevent and detect misconduct committed by its relationship managers (RMs). In 24 over-the-counter (OTC) bond …

JPMorgan fined S$2.4 million by MAS for misconduct by relationship managers

JPMORGAN Chase Bank has paid a S$2.4 million civil penalty to the Monetary Authority of Singapore (MAS) for its failure to prevent and detect misconduct by its relationship managers (RMs). On Monday (Dec 2), MAS said the RMs had provided clients with “ …

Singapore Fines JPMorgan for Misconduct Over Client Bond Trades

(Bloomberg) -- Singapore fined JPMorgan Chase & Co. S$2.4 million ($1.8 million) for failing to prevent and detect misconduct by its relationship managers over client bond trades. Most Read from Bloomberg The bankers had made inaccurate or incomplete …

Singapore cenbank fines JPMorgan $1.8 million over misconduct by relationship managers

(Reuters) -Singapore's central bank on Monday said it fined U.S. lender JPMorgan Chase a civil penalty of S$2.4 million ($1.79 million) for failing to prevent and detect misconduct committed by its relationship managers. The Monetary Authority of …

JPMorgan CEO Dimon Serves as ‘Sounding Board’ for Trump

Though uninterested in joining the White House, Jamie Dimon has reportedly been advising the president-elect. The JPMorgan Chase CEO has been in communications with Donald Trump for months, the New York Post reported Friday (Nov. 29). Sources on the Trump …

JPMorgan Chase CEO talks with Trump

JPMorgan Rejects Transition-Finance Trend Gripping Wall Street

(Bloomberg) -- JPMorgan Chase & Co. is turning its back on a trend that’s been embraced by many of its Wall Street peers. Transition finance — a term intended to describe the allocation of capital to activities that will ultimately help cut carbon …

Donald Trump and JPMorgan Chase CEO Jamie Dimon secretly teaming up to shape White House agenda?

President-elect Donald Trump has been engaging in private discussions with JPMorgan Chase CEO Jamie Dimon as he prepares for his second term as president. As reported by the New York Post, according to sources close to Trump’s team, the conversations …

Jamie Dimon Is 'Desperate' for AI On His Phone, Expands JPMorgan AI Adoption To All Staff

JPMorgan Chase is all in on artificial intelligence. The bank's CEO, Jamie Dimon, is leading the charge. He is described as a "tremendous user" of the tech and, apparently, he's eager to use it on his phone. "He's been desperate …