James Franey

1 week ago | nypost.com | James Franey

JPMorgan Chase, the largest bank in America, is for fraud, accusing them of stealing thousands of dollars by taking advantage of last year’s so-called “infinite money glitch” that went viral on TikTok. The Jamie Dimon-led lender first filed a string of lawsuits in October against clients who exploited the technical failure in August, with some pocketing six-figure sums in ill-gotten gains.

1 week ago | nypost.com | James Franey

JPMorgan CEO Jamie Dimon urged President Donald Trump to immediately “engage” with China over dueling tariffs — before a global trade war erodes US credibility. The head of the nation’s largest bank, who has for years been floated as a possible Treasury Secretary, said the two sides need to find an off-ramp. “I don’t think there’s any engagement right now . . . it doesn’t have to wait a year. It could start tomorrow,” he told the Financial Times on Tuesday.

1 week ago | nypost.com | James Franey

Two of the biggest US banks, Citigroup and Bank of America, notched better-than-expected profits in the first three months of this year as traders raked in higher revenues amid President Donald Trump’s threat to start a global trade war. The banks reaped the benefits of investors adjusting their portfolios after being spooked about a possible return to protectionist trade policies, following a similar trend at fellow Wall Street giants JPMorgan and Goldman Sachs.

1 week ago | nypost.com | James Franey

Goldman Sachs cashed in on stock market turmoil over President Donald Trump’s tariffs — with the bank’s stock traders bagging their highest revenues ever during the first three months of this year. The US financial giant released its first-quarter esults before the opening bell on Monday, posting net profits of $4.7 billion for the first quarter of 2025 and revenues of $15.06 billion.

1 week ago | nypost.com | James Franey

A global concert promoter that was acquired this year by a subsidiary of private equity giant KKR has quietly slapped a ban on all shows in Israel — a move that appears to be part of a boycott over the war in Gaza, The Post has learned. Boiler Room, a UK-based online broadcaster and club promoter founded in 2010, has discreetly wiped any trace of livesteams from its previous Tel Aviv events.