Summary by Moomoo AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the issuance of structured investment notes linked to the performance of the Dow Jones Industrial Average, the Nasdaq-100 Index, and the Russell 2000 Index. The notes, which are unsecured and unsubordinated obligations guaranteed by JPMorgan Chase & Co., are designed for investors seeking exposure to the least performing of the three indices and are willing to forgo interest and dividend payments in exchange for repayment of at least 95% of their principal at maturity. The notes are set to price on or about August 27, 2024, with a settlement date on or about August 30, 2024, and will mature on March 2, 2028. The minimum investment is $1,000 with additional investments in multiples thereof. The...Show More