Tag Archives: JPMorgan

JPMorgan Chase & Co, which has presence in Nigeria, has paid $2.8m fine to the United States regulator to settle charges that its broker-dealer unit lacked sufficient controls to safeguard customer securities from several countries including Nigeria over more than eight years. The US regulator, the Financial Industry Regulatory Authority said on Wednesday that JPMorgan Clearing Corp created hundreds of …

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JPMorgan Chase chairman and CEO Jamie Dimon spoke out against cryptocurrency Bitcoin on Tuesday. This is coming on the backdrop of some Nigerian investors investing their hard earn money in the scheme, with a view to huge Return on Investment. He said the currency ‘is a fraud’ that will eventually ‘blow up’ ‘Honestly, I am just shocked that anyone can’t …

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