S&P 500 advances as cooling inflation stokes bets on Fed downshift

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Go back to S&P 500 advances as cooling inflation stokes bets on Fed downshift

JPMorgan (JPM) suing leaders of financial aid business Frank

January 12, 2023 4:26 PM EST

JPMorgan (NYSE: JPM) is said to be suing the leaders of the financial-aid business Frank, a company it acquired for $175 million in 2021.

The finance giant alleges that the company's leaders misled the bank by creating millions of fake student accounts to show it had a growing... More