Summary by Futu AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the issuance of Auto Callable Contingent Interest Notes linked to the MerQube US Large-Cap Vol Advantage Index, with a maturity date of August 5, 2027. The notes, which are designed for investors seeking contingent interest payments based on the performance of the index, will be automatically called if the index reaches a specified level on any review date, with the first possible call date on January 31, 2025. The notes carry a 6.0% per annum daily deduction from the index level, which may impact performance. The notes are unsecured and unsubordinated obligations of JPMorgan Financial, with payments fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are expected...Show More