Treasury alerted to JPMorgan’s identification of suspicious transactions linked to Jeffrey Epstein’s sex trafficking activities

Jeffrey Epstein in Cambridge, MA in 1984. Rick Friedman | Corbis News | Getty Images JPMorgan Chase notified the Treasury Department of over $1 billion in transactions related to “human trafficking” by Jeffrey Epstein dating back 16 years after his suicide in 2019, according to a lawyer for the U.S. Virgin Islands speaking during a …

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The Emergence and Mechanics of Decarbonization as a Global Megatrend

Rama Variankaval, the global head of the Center for Carbon Transition for JP Morgan Securities LLC, recently spoke at the Aspen Ideas: Climate conference in Miami Beach. This event is a platform where climate leaders can share their ideas and actions that are crucial for addressing our collective future. Variankaval has been with JPMorgan Chase …

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Citibank Faces House Republican Subpoena Regarding Data Sharing Post-Jan. 6

Chairman Jim Jordan, R-Ohio, presided over the House Judiciary Committee hearing on the “Report of Special Counsel John Durham” at the Rayburn Building on Wednesday, June 21, 2023. Tom Williams | CQ-Roll Call, Inc. | Getty Images WASHINGTON — House Judiciary Committee Chairman Jim Jordan has issued a subpoena to Citibank on Thursday, requesting information …

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Premarket Activity Highlights Stocks like Nvidia, Discover, and D.R. Horton Making Significant Moves

Explore the companies that are grabbing attention in premarket trading. Discover Financial Services witnessed a 6.5% decline due to the resignation of CEO Roger Hochschild. The company announced that John Owen, a board member, will serve as the interim chief executive. Turnstone Biologics experienced a premarket decline of 2.3%. Earlier today, investment firm Piper Sandler …

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AI Startup Founder Inflated Revenue to Deceive Venture Investors

Speaking at the National Action Network House of Justice headquarters on Martin Luther King Jr. Day, U.S. Attorney for the Southern District of New York Damian Williams announced the indictment of the founder of a data analytics firm. The firm, which claimed to use artificial intelligence technologies, is accused of defrauding investors by manipulating bank …

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Fitch Issues Warning of Potential Downgrade for Multiple Banks

A sign for the financial agency Fitch Ratings on a building at the Canary Wharf business and shopping district in London, U.K., on Thursday, March 1, 2012. Matt Lloyd | Bloomberg | Getty Images A warning from a Fitch Ratings analyst indicates that the U.S. banking industry is approaching the risk of widespread rating downgrades, …

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Pre-market Movers: UPS, Lucid, Beyond Meat Experience Significant Swings

A UPS worker inspects an Amazon package for delivery in New York. Eduardo Munoz | Reuters Explore the trending companies in premarket trading. Sagimet Biosciences — Shares of the biopharmaceutical company surged 31% following an upgrade from Goldman Sachs. The firm emphasized Sagimet’s potential for significant gains due to advancements in its treatment for nonalcoholic …

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