JP Morgan Chase

Trump Pressures Fed for More Rate Cuts as Mega Banks Drain the Balance Sheet

<header class=”article__header”> </header> <strong>U.S. President Donald Trump is pressuring the central bank to cut interest rates even further as a spike in oil prices has offset the Federal Reserve’s ‘normalization’ tactics like rate-cutting and overnight repos. Additionally, the mega bank JP Morgan Chase (JPM) is being blamed for the lack of liquidity in the repo …

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JP Morgan Chase Ship Busted: Cocaine, Banks and the Failed Drug War

</header> <strong> A ship seized by the U.S. Customs and Border Protection Agency in June carrying over 15,000 kilos of cocaine has now been tied to JP Morgan Chase’s asset management unit. Officially the company does not exercise any operational control of the vessel, but some serious questions are raised when such large scale transport …

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