Startup Investments ceases Business with JPMorgan Chase

NEW YORK - Nov. 28, 2016 - PRLog -- Startup Investments sent out emails and made phone calls to their clients telling them to either move their assets from JPMorgan Chase or Startup Investments would give up managing their accounts from 1st March 2017. It was further clearly explained to the clients that they were under no pressure to move their accounts and were welcomed to keep their assets at JPMorgan Chase and that Startup Investments' decision to stop managing JPMorgan Chase account was due to internal company policy.

"We are a company that is governed by values and even though JPMorgan Chase accounts are a significant source of revenue for us, we have decided to drop them as we cannot and will not put financial gains ahead of what we stand for," said Shahzeb, CEO and President of Startup Investments. "JPMorgan Chase has been involved in illegal and some would even say, criminal practices and we cannot allow ourselves to keep managing investments held with them. They have been given chance after chance by the Federal authorities but very little has been done to change the corrupt culture evolving within their organization."

Startup Investments had been pondering JPMorgan Chase's case and the final decision was reached after a thorough 6-hour long meeting that took place over the weekend. Even though no names have been released, Startup Investments is currently discussing further four financial institutions and decisions about them are likely to be reached before 22nd of January, 2017.

"While setting out the vision for Startup Investments, we made it clear that we would never compromise on our values," said Startup Investments' Chief Client Relations Officer, Nicole McKenzie. "It is evident that there will be repercussions of our decision and we are prepared for that but decisions like this give us great confidence in ourselves and in our vision for not only Startup Investments but for the economy and system we all can count on."

Startup Investments' move is not initiated by a motive to hurt JPMorgan Chase's business but to demonstrate what they are willing to sacrifice for their business ethics and values.

"Even if a hundred companies like ours gave up dealing with JPMorgan Chase, it wouldn't put a dent in their profits," said Mercedes Vargas, Chief Marketing Office of Startup Investments. "We are a company built on moral values and we choose only to work with those who share the same vision and values as us and to be fair, JPMorgan Chase has not proven to be one of them."

Startup Investments hopes that those governing JPMorgan Chase will work hard to rectify their misdemeanors and transform JPMorgan Chase into a company with values and vision.


For more information, visit our website: www.Startup-Investments.co