Do we like JPMorgan Chase?
America's largest bank: consumer, investment and commercial banking and asset management, based in New York.
Our score: 4 out of 10. Not one we'd back with our money: it is the world's top fossil fuel financier, it has paid big Epstein settlements, and regulators have repeatedly fined it.
JPMorgan is the biggest bank in the US, with over 318,000 staff in 66 countries at the end of 2025. Jamie Dimon has run it since 2006 and marked 20 years as CEO in January 2026. He is expected to stay on as chairman when he hands over the CEO job. In June 2026 the bank named Doug Petno and Troy Rohrbaugh co-presidents, which sources say sets up a race to succeed him.
The Epstein saga is the big stain. Epstein was a client from at least 1998 until 2013. In 2023 JPMorgan paid $290m to settle a class action by victims and $75m to the US Virgin Islands, which had accused it of enabling his trafficking. The bank didn't admit wrongdoing. It says it regrets any association but did not help him commit crimes. A Senate probe from Democrats is now being planned.
Regulators keep finding fault. In 2024 the Federal Reserve fined it about $98.2m for weak monitoring of trading, part of roughly $348m in penalties with the OCC. Also in 2024, the SEC said it would pay $151m over five cases, including misleading disclosures to brokerage customers. It neither admitted nor denied wrongdoing, and $90m of that went back to customers.
Climate is the other big black mark. The 2026 Banking on Climate Chaos report, from green groups including Rainforest Action Network and Oil Change International, ranks JPMorgan the world's top fossil fuel financier at $58bn in 2025. The bank says fossil fuels will be needed for years and that it should fund both fossil fuels and clean energy. Add the fines and the Epstein mess, and we land on a 4.