JPMorgan's CEO is concerned the US economy could be in for a repeat of the stagflation that hampered the country during the 1970s.
Six teams managing nearly $15 billion in total assets quit JPMorgan Chase’s brokerage unit to join competitors last Friday. Here’s what may have triggered their departures.
CFTC is asking banks for non-disclosure agreements in their swaps and clearing businesses, and has also sought employment and customer agreements in those businesses, the report added, citing people familiar with the matter. CFTC, JPMorgan, Citigroup did not immediately respond to Reuters requests for comment, while BofA declined to comment.