I HAVE JUST DONE THIS BLOG http acenewsservices…

I HAVE JUST DONE THIS BLOG! https://acenewsservices.com/2014/05/23/george-soros-sells-all-shares-of-citigroup-bank-of-america-and-jp-morgan/ Check this!! RE: Citigroup, Bank of America and JP Morgan

Things are heating up, I “JUST” did the blog above and thus lad has been arrested, he works for JPMorgan! The brown stuff is WELL AND TRULY hitting the fan today. The US dollar MUST be on the verge of going. A global collapse? What you all think?

(Cathy Chan) Fang Fang, former chief executive officer for JPMorgan Chase & Co. (JPM)’s China investment bank, was arrested by Hong Kong’s anti-graft agency, Caixin reported, citing two people it didn’t identify.

The banker is out on bail after he was released by the Independent Commission Against Corruption, the magazine said, without disclosing when Fang was taken in for questioning. He’s restricted from leaving Hong Kong, it said. The arrest may be linked with probes into banks’ hiring practices, Caixin said.

Fang, a 12-year veteran of JPMorgan, resigned from the New York-based firm in March, according to an internal memo obtained by Bloomberg News at the time. His departure came amid a U.S. investigation into whether the firm employed people in Asia so that their relatives in government would steer business to the bank, people with knowledge of the probes have said.

The bank hasn’t been charged with any wrongdoing.

Fang declined to comment when reached on his mobile phone today. JPMorgan’s Hong Kong-based spokeswoman Marie Cheung also declined, while ICAC spokeswoman Charmaine Mok said the agency doesn’t comment on individual cases.

The ICAC searched a JPMorgan office in Hong Kong on March 26, two people with knowledge of the matter said at that time. The agency seized computer records and documents after searching Fang’s office, said the people, who asked not to be identified because the investigation is confidential.

Fang joined JPMorgan in August 2001 and was a former vice president of Beijing Enterprises Holdings Ltd., an investment company controlled by the government of China’s capital. He became head of JPMorgan’s China investment-banking business in 2007 and was made vice chairman for Asia investment banking in 2009. He quit the bank as he wants to spend more time with his family, a person with knowledge of the matter said earlier.

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JPMorgan Employee Falls to Death From Building Roof in Hong Kong

WHAT IS GOING ON HERE? ANOTHER DEATH FOR A JP Morgan employee, as you all know I follow this story here: http://prayingforoneday.wordpress.com/?s=banks
A JPMorgan Chase & Co. (JPM) employee fell to his death from the roof of Chater House, the investment bank’s Asia-Pacific headquarters in Hong Kong.

“A sad and tragic incident occurred in Chater House, Hong Kong, which is currently being investigated by the police,” JPMorgan said in an e-mailed statement yesterday. The bank declined to comment further “out of respect for those involved. Our thoughts and sympathy are with the family that’s involved at this difficult point of time.”

A Hong Kong police official, who asked not to be identified in line with the agency’s policy, said the person was certified dead at the hospital. The man was a junior employee in a supporting function who didn’t work as a trader or investment banker, said a JPMorgan employee who asked not to be identified because they weren’t authorized to release the information until the man’s family overseas are contacted.

“A Chinese male in his thirties” was found in front of the building at about 1:55 p.m. yesterday, Lee Kwok Wing, senior manager for security and support services of building owner Hongkong Land Holdings Ltd., said at the scene. The building at 8 Connaught Road Central is 30 stories high, according to Hongkong Land’s website. JPMorgan occupies the top 10 floors.

Other building tenants include Franklin Templeton Investment Funds, Mizuho Securities Asia Ltd., Pictet Asset Management (HK) Ltd. and Sumitomo Mitsui Asset Management Co.

Last month, a 39-year-old vice president in technology operations died after falling from JPMorgan’s London headquarters.

#bankers-committing-suicide-world-wide, #banking-lies, #banking-story, #financial-journalist, #financial-regulators, #financial-scandals, #insider-warns-that-more-banker-assassinations-are-coming, #jp-morgan, #jpmorgan, #jpmorgan-banker-dies, #political-lies, #wall-street

US:”Banks Have Set Aside Extra Money to pay for `Potential Legal Costs in Part Due To JP Morgan Chase & Co’ Bad Mortgage Business”

#AceFinanceNews says according (Reuters) – Several large U.S. banks have set aside extra money to pay for potential legal costs in part because of JPMorgan Chase & Co’s massive $13 billion settlement with U.S. authorities over bad mortgages, according to two sources familiar with the situation.

The size of the JPMorgan settlement, which the government called the largest in U.S. history, led many banks to realize that the cost of resolving some of their own legal problems was likely to be higher than they had initially believed, the sources said.

Justice Department officials have said in public statements they want to use the JPMorgan settlement as a template for deals with other banks.

Bank of America, Citigroup, Goldman Sachs and Morgan Stanley all added hundreds of millions of dollars to funds they have set aside to pay for the cost of litigation, including legal fees, fines and settlements. All four banks are facing mortgage-related investigations by federal prosecutors located in different parts of the country.

The increase in such funds impacted the fourth quarter results of the banks published this week, surprising many analysts.

#banks, #chase-co, #citigroup, #federal-prosecutors, #goldman-sachs, #jpmorgan, #justice-department, #litigation, #morgan-stanley, #reuters, #us

Elizabeth Warren: “What She Had to Say About JP Morgan’s CEO Jamie Dimon”

#AceFinanceNews says Elizabeth Warren: “What She Had to Say About JP Morgan’s CEO Jamie Dimon” #Banksters

#ceo, #elizabeth-warren, #jamie-dimon, #jpmorgan