Senator Elizabeth Warren has formally asked JPMorgan Chase CEO Jamie Dimon for details about the bank's long-standing business relationship with Jeffrey Epstein, which spanned from 1998 to 2013 and included Epstein becoming a highly profitable client. Warren's inquiry follows new DOJ-released documents suggesting Epstein was involved in lobbying UK officials on bankers' bonus tax policies, potentially with Dimon's knowledge or involvement. The letter demands answers about whether Dimon or JPMorgan employees collaborated with Epstein to influence UK tax policy and requests related communications. This scrutiny arises amid past legal settlements where JPMorgan paid millions to Epstein's victims, highlighting concerns about the bank's oversight and Dimon's awareness during his tenure as CEO starting in 2006.
JPMorgan posted a strong Q2 2026 with adjusted earnings of $16.9 billion and paid $4.342 billion in dividends, which is about 25% of its recurring earnings. This low payout ratio suggests the dividend is sustainable and leaves room for future increas...
JPMorgan delivered strong Q2 performance with a return on tangible common equity (ROTCE) of about 23%, driven by record Markets and Investment Banking revenue. Despite this, the common stock trades at a high valuation of roughly 3.2 times tangible bo...
