Summary by Futu AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the issuance of Review Notes linked to the MerQube US Large-Cap Vol Advantage Index, with a maturity date of July 19, 2029. These notes are designed for investors seeking an early exit at a premium if the Index reaches or exceeds the Call Value on any Review Date, starting January 15, 2025. The notes are unsecured, unsubordinated obligations guaranteed by JPMorgan Chase & Co., and involve a 6.0% per annum daily deduction from the Index, which may affect the performance of the investment. The notes, with minimum denominations of $1,000, are expected to price around July 15, 2024, and settle shortly thereafter on July 17, 2024. Investing in the notes carries several risks, as detailed...Show More