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A 29-year-old’s alleged fraud has stained Jamie Dimon’s acquisition spree

Bank bought online college financial-planning site in 2021

Bloomberg NewsbyBloomberg News
January 12, 2023
in Banking
Reading Time: 2 mins read
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JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon has spent the past year reassuring analysts and investors that the bank’s multibillion-dollar binge on technology ventures is part of a carefully designed plan that will pay off. But a lawsuit filed by the bank against the founder of one of those ventures — a complaint […]

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Tags: Bloombergfraud and anti-fraudJPMorgan Chasemergers and acquisitions (M&A)Premium
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