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The FDIC took over the embattled San Francisco bank, First Republic, and auctioned it off, with JP Morgan taking over.
Jamie Dimon, CEO of JPMorgan Chase, warned that the U.S. economy is headed toward a recession in the coming months.
Wall Street titan Jamie Dimon, CEO of JPMorgan Chase, thoroughly rejected a demand from congresswoman Rashida Tlaib to commit to immediately ending all financing of fossil fuel products.
Wall Street titan Jamie Dimon is warning of a looming economic “hurricane” due to monetary policies by the Federal Reserve and rising gas and commodity prices.