JPMorgan Chase

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: en.wikipedia.org

Banks Pay Savers More to Stay Amid Steep Interest Rates
Banks Pay Savers More to Stay Amid Steep Interest Rates
April 28, 2024  |  Banking

For America’s biggest banks, deposit costs are exceeding interest income. That’s the first time that’s happened since the Federal Reserve began increasing rates two years...

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Earnings Season Commentary Points to Pressures for Lower-Income Consumers
Earnings Season Commentary Points to Pressures for Lower-Income Consumers
April 24, 2024  |  Consumer Finance

Earnings season is less than two weeks old. By and large, the data and the press releases indicate that consumers are still spending, on experiences...

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JPMorgan Chase CEO Jamie Dimon Says US Economic Boom ‘Unbelievable’
JPMorgan Chase CEO Jamie Dimon Says US Economic Boom ‘Unbelievable’
April 23, 2024  |  Economy

JPMorgan Chase CEO Jamie Dimon reportedly said Tuesday (April 23) that the U.S. economic boom is “unbelievable.” Speaking at an event at The Economic Club of New York, Dimon...

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Senators Press Banks for Better Defenses Against Wire Fraud
Senators Press Banks for Better Defenses Against Wire Fraud
April 19, 2024  |  Security & Fraud

The looming specter of wire fraud has spurred lawmakers to press big banks for better defenses against bad actors — and a detailing of the impact the...

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Report: ShipBob Planning to Launch IPO With $4 Billion Valuation
Report: ShipBob Planning to Launch IPO With $4 Billion Valuation
April 19, 2024  |  IPO

ShipBob is reportedly planning to launch its initial public offering (IPO) as soon as late 2024. The listing could value the eCommerce fulfillment service provider...

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Banks Report Lending Slows as Corporate Borrowers Pay Down Debt
Banks Report Lending Slows as Corporate Borrowers Pay Down Debt
April 16, 2024  |  Banking

The largest U.S. banks are reporting a slowdown in lending. Bank of America and PNC were the latest to do so, with the former reporting Tuesday (April 16)...

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Banks Cut 5,000 Jobs in Q1 Amid Uncertain Economic Climate
Banks Cut 5,000 Jobs in Q1 Amid Uncertain Economic Climate
April 16, 2024  |  Personnel

The largest U.S. banks cut a total of more than 5,000 jobs during the first quarter. They did so to control costs during an uncertain...

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JPMorgan and Codat Team to Drive Virtual Card Adoption
JPMorgan and Codat Team to Drive Virtual Card Adoption
April 16, 2024  |  Payment Methods

Business data API provider Codat and JPMorgan Chase have teamed to promote virtual card adoption. It’s the thinking behind the launch of Codat’s Supplier Enablement data product. Announced Tuesday...

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JPMorgan’s Dimon Sees Banking System ‘Shrinking’ Relative to FinTechs and Private Markets  
JPMorgan’s Dimon Sees Banking System ‘Shrinking’ Relative to FinTechs and Private Markets  
April 08, 2024  |  Banking

JPMorgan Chase CEO Jamie Dimon weighed in on all manner of subjects in his latest annual letter to shareholders — taking particular note of the...

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