Nettet21. mar. 2024 · The financial services company owned nine "contracts" (i.e., promises to buy or sell certain amounts of nickel at a later date, or futures) of nickel worth about … NettetJ.P. Morgan & Co. is an American financial institution specialized in investment banking, asset management and private banking founded by financier J. P. Morgan in 1871. …
LME Nickel: The Mystery Behind JPMorgan’s Bags of Stones
NettetWhat JP Morgan thought was Nickel bullion stored in vaults FOR YEARS turned out to be bags of rocks! Now, it's believable that this could've happened in other metals as well. … Nettet22. mar. 2024 · Now it turns out that JPMorgan, one of the biggest banks in the US, was the unlucky owner of sacks upon sacks of stones. Insiders claimed that the bank … latrobe college diploma of business
JPMorgan Chase thought it had $1.3 million of nickel, but they were all …
Nettet21. mar. 2024 · Media reports quickly revealed what the shipments contained instead of the valuable metal: bags of rocks. Then, on Monday, news outlets uncovered the … NettetCall your J.P. Morgan Access Regional Help Desk immediately if repeatedly prompted for log on information. Go Paperless so that statements with critical account information … NettetJPMorgan Chase kept bags of stones in a warehouse thinking they were nickel, according to the WSJ. The London Metal Exchange revealed Friday that the bags contained … latrobe city swimming pools