jpmorgan

JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City. JPMorgan Chase is ranked by S&P Global as the largest bank in the United States and the sixth largest bank in the world by total assets, with total assets of US$2.73 trillion.

Source: jpmorgan.com

Banking Giants Say Consumer Spending Remains Resilient Despite Inflation
Banking Giants Say Consumer Spending Remains Resilient Despite Inflation
October 13, 2024  |  Consumer Insights

America’s biggest banks say consumers are still spending in spite of inflation. As Reuters reported Friday (Oct. 11), earnings from two of the country’s biggest...

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JPMorgan CFO Says Consumer Spend Returning to ‘Normal’
JPMorgan CFO Says Consumer Spend Returning to ‘Normal’
October 11, 2024  |  Earnings

As 2024 draws to a close, and as evidenced by management remarks and data in the latest earnings results from JPMorgan Chase, posted on Friday...

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Big Banks Joust With Neobanks for Lower-Income Consumer Accounts
Big Banks Joust With Neobanks for Lower-Income Consumer Accounts
October 04, 2024  |  Banking

There’s a commonality in financial services — for brick-and-mortar players and for several FinTechs, though the approach may differ: Serving the needs of lower-income households....

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Visa, PayPal and Others Could Bring Utility and Legitimacy to Stablecoins
Visa, PayPal and Others Could Bring Utility and Legitimacy to Stablecoins
October 04, 2024  |  Blockchain

In 2022, the de-pegging of the TerraUSD (UST) stablecoin led to a cryptocurrency sector collapse, ultimately exposing fraud at FTX and elsewhere. Much has changed...

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Card Networks and Issuers See Restaurant Booking Platforms as Top-of-Wallet Opportunity
Card Networks and Issuers See Restaurant Booking Platforms as Top-of-Wallet Opportunity
October 04, 2024  |  Loyalty & Rewards

Dining out is getting more expensive. Consumers continue to spend on their cards, but the pace may be pressured. Issuers want to be top-of-mind and...

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JPMorgan Opening Dozens of Branches in Low-Income Communities
JPMorgan Opening Dozens of Branches in Low-Income Communities
October 02, 2024  |  Banking

J.P. Morgan Chase reportedly wants to open almost 100 branches in low-income communities. As the Wall Street Journal (WSJ) reported Tuesday (Oct. 2), this effort...

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Banks Enter the BNPL Game With Debit-Based Installments
Banks Enter the BNPL Game With Debit-Based Installments
September 30, 2024  |  Buy Now Pay Later

Paying over time, traditionally a hallmark of short-term installment loans, is becoming an option where goods are paid for using money on hand and over...

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JPMorgan Chase CEO Jamie Dimon Says Inflation Likely to Persist
JPMorgan Chase CEO Jamie Dimon Says Inflation Likely to Persist
September 20, 2024  |  Economy

JPMorgan Chase CEO Jamie Dimon reportedly said Friday (Sept. 20) that he is skeptical that the U.S. economy will see a soft landing. “I am a...

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Report: Mercado Libre Plans Mexico Expansion of Working Capital Funding With $250 Million in Financing
Report: Mercado Libre Plans Mexico Expansion of Working Capital Funding With $250 Million in Financing
September 19, 2024  |  Investments

Mercado Libre has reportedly secured $250 million in financing from JPMorgan to grow the business of its FinTech arm Mercado Pago in Mexico. The company...

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