Photo Credit: AP

In a week that saw the financial markets teetering on the edge, JPMorgan Chase & Co. (JPM) faced its own share of turbulence. Despite a surge in net interest income (NII), the bank's stock price took a dip, leaving investors pondering the road ahead. In his annual letter to shareholders, Jamie Dimon, the CEO of JPMorgan Chase, issued a stark warning about the U.S. economy. He believes that inflation and interest rates may remain elevated due to massive government spending. 

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Photo Credit: AP

A former Goldman Sachs executive convicted in the United States in the multibillion-dollar ransacking of a Malaysian sovereign wealth fund has been brought back to the country to assist in asset recovery efforts, an official said Monday.

Roger Ng Chong Hwa is under police custody after arriving in Kuala Lumpur over the weekend, according to Home Minister Saifuddin Nasution.

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