US Lawmakers Hit JPMorgan Chase CEO Jamie Dimon and Bank of America Boss Brian Moynihan With Subpoenas Over Role in Tesla Supplier’s IPO: Report
Description
US lawmakers are reportedly subpoenaing the heads of JPMorgan Chase and Bank of America for their roles in the initial public offering (IPO) of a global Chinese battery supplier. The lawmakers are demanding JPMorgan Chase CEO Jamie Dimon and Bank of America boss Brian Moynihan produce documents related to the Hong Kong listing of Contemporary Amperex Technology (CATL), which supplies batteries to Tesla and other electric-vehicle makers, reports the Wall Street Journal. The politicians making the...
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