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The nation's largest and most profitable bank is handing new responsibilities to some of its top executives as it gets closer to a time when it is no longer led by Jamie Dimon.
When JPMorgan Asset & Wealth Management CEO Mary Erdoes took the stage at Davos, she mentioned JPMorgan Chase & Co. (NYSE:JPM) spends $15 billion on technology per year and employs 62,000 technologists, with many focused solely on cybersecurity. Don't expect these numbers to drop anytime soon. “There are people trying to hack into JPMorgan Chase 45 billion times a day,” Erdoes said. Even worse is that it’s already double what it was last year — and the attacks are only getting more sophisticated
Https://www.youtube.com/embed/QKnPjJBEis4?si=aYRsxF2JptndgEER Zero Hedge, BY TYLER DURDEN, WEDNESDAY, JAN 17, 2024 As expected, anything related to Ukraine presented at the World Economic Forum (WEF) in Davos has been focused on more weaponry and seeking more vows of integration among Western allies. "Ukrainians need predictable financing throughout 2024 and beyond," European Commission president Ursula von der Leyen told World…
Volodymyr Zelensky is used to getting his way when it comes to money. Look at the untold billions US taxpayers have given his country to defeat Russian aggression.
Jamie Dimon earns $36m as bank announces best profits of Wall Street’s Big Four