JPMorgan Chase

JPMorgan to Pay $2.5 Million to Settle Lawsuit for Overcharging Crypto Fees

JPMorgan Chase has reportedly agreed to pay $2.5 million to settle a crypto class-action lawsuit. Originally filed in 2018, the suit alleges that the bank overcharged customers for buying cryptocurrencies using Chase credit cards, classifying the purchases as cash advances. JPMorgan Settles a Crypto Class Action Lawsuit JPMorgan Chase allegedly overcharged its customers who bought...
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US Stocks Shedding Considerable Weight Amidst Escalating China-US Tensions

As the trade war between the U.S. and China continues to rage, US stocks including the Dow Jones, Nasdaq and the S&P 500 are currently taking a hit affecting retail stocks with no current hope for recuperation. The fires heating up the trade war between U.S. and China which has been going on for quite...
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Swedish Buyout Company EQT Seeks to Conduct the Biggest European IPO

Photo: EQT / Twitter Swedish buyout firm and one of the biggest in the Nordic region, EQT Partners, apparently plans a Stockholm listing this year in what could be the called a biggest European IPO for one private equity firm in more than twenty years. The planned IPO is supposed to enclose 20% of the...
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JP Morgan to Do Away With Chase Pay App, as Most American Disregard Mobile Pay

Consumers have been reluctant to accept transacting with phones in stores, but instead, the bank prepares to integrate more retailers that embrace Chase Pay via merchant apps plus food ordering firm Grubhub. JPMorgan Chase &Co is warming up to close its Chase Pay app in the third reversal of the bank on digital incentives in...
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