LONDON WHALE: In 2012, JPMorgan lost over $6 billion through risky derivatives trades made by Bruno Iksil. Dimon initially dismissed the losses as a "tempest in a teapot." The bank paid $920 million in fines to regulators.

MORTGAGE FRAUD SETTLEMENT: In 2013, JPMorgan agreed to a $13 billion settlement with the DOJ for misleading investors about the quality of mortgage-backed securities sold before the 2008 crisis, the largest settlement in U.S. history at the time.

FED BOARD CONFLICT: Dimon served on the board of the Federal Reserve Bank of New York while JPMorgan received emergency lending from the Fed during the 2008 crisis, raising serious conflict-of-interest concerns.

BERNIE MADOFF: JPMorgan served as Madoff's primary banker for decades. The bank paid $2.6 billion in penalties for failing to report suspicious activity despite internal warnings about Madoff's operation.

BEAR STEARNS ACQUISITION: JPMorgan acquired Bear Stearns in 2008 at a fire-sale price with $29 billion in Fed guarantees, profiting from the crisis while Bear Stearns shareholders and employees were devastated.

EPSTEIN BANKING: JPMorgan maintained a banking relationship with Jeffrey Epstein for years after his 2008 conviction. The bank paid $290 million to settle a lawsuit from Epstein victims in 2023.

FOREX MANIPULATION: In 2015, JPMorgan pleaded guilty to conspiring to manipulate foreign exchange markets. The bank paid $550 million in fines.