A half a trillion by JPM alone to alleged militants, d–g traffickers and corrupt officials. How does Jamie get away with this time and time again? This place has been fined so many times it's insane. This guy must be pulling some uber smooth greek moves to always have this kind of news pass over the Fed and OCC without any looks.. This place is a epic mess.
5 replies (most recent on top)
How is monitoring the hen house? The banker or the fox?
should have never made it to the report. can't blame low level analysts.
The transactions were approved!
Who approved them? this process is not automated yet.
Starts at the TOP.
My Team structure at JP Morgan Chase
USA Director - remote
USA VP - Remote
USA Lead Team - remote/Office
USA 2 Analyst - remote/Office
INDIA 104 Analysts
Wil they reorg and be firing the MDs in charge of the programs and system enhancement around
the monitoring of ML transactional activities OR will they fire the middle management control and
audit officers who rely on the reports that obviously are not flagging the issues to take the fall.
Dimon is the scam ring leader,making trillions in illegal profits and pay few million in fines.
sound like a greaT deal!