JPMorgan Chase & Co News - August 2026
Thomas Russo's Gardner Russo & Quinn Slashes JPMorgan Chase (JPM) Stake by 83%
In a significant portfolio shift, Thomas Russo's firm, Gardner Russo & Quinn, drastically reduced its holdings in JPMorgan Chase (JPM) by 83.39%. According to...
Situational Awareness implodes, losing $35 billion on leveraged AI stock bets
AI-focused hedge fund Situational Awareness imploded in July. Assets plummeted from a peak of $45 billion to roughly $10 billion. Former OpenAI researcher...
JPMorgan Faces Federal Scrutiny, Allegedly Denied $100 Million in Fraud Claims
Federal prosecutors and Treasury Department officials are reviewing whistleblower allegations against JPMorgan Chase. A former executive claims the bank...