Summary by Futu AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the issuance of Contingent Interest Notes linked to the performance of the Russell 2000 Index, the Nasdaq-100 Index, and the S&P 500 Index, with a maturity date of July 22, 2027. The notes, which are designed for investors seeking a Contingent Interest Payment provided the indices close above 65% of their initial value on review dates, are unsecured and unsubordinated obligations guaranteed by JPMorgan Chase & Co. The notes are expected to price on or about July 19, 2024, with a settlement date on or about July 24, 2024. The notes offer a minimum denomination of $1,000 and are not bank deposits, nor are they insured by any governmental agency. The offering includes risks detailed...Show More