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

JPMorgan Names Exec Teresa Heitsenrether as Head of New Unit in AI Push
JPMorgan Names Exec Teresa Heitsenrether as Head of New Unit in AI Push
June 21, 2023  |  artificial intelligence

JPMorgan Chase has appointed Teresa Heitsenrether as the head of a new data and analytics unit, according to a Reuters report on Wednesday (June 21)....

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Report: JPMorgan Chase Files Insurance Claim on Frank Acquisition
Report: JPMorgan Chase Files Insurance Claim on Frank Acquisition
June 21, 2023  |  Acquisitions

J.P. Morgan Chase reportedly aims to collect on an insurance policy after its acquisition of college aid platform Frank. The bank and Frank founder Charlie Javice...

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JPMorgan Invests in Trade Finance Firm Cleareye.AI
JPMorgan Invests in Trade Finance Firm Cleareye.AI
June 20, 2023  |  Investments

Trade finance provider Cleareye.ai has received a strategic investment from J.P. Morgan. The companies announced the investment — no dollar amount was provided — Tuesday...

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JPMorgan Chase Fixes ‘Issue’ That Caused Duplicate Transactions on Zelle
JPMorgan Chase Fixes ‘Issue’ That Caused Duplicate Transactions on Zelle
June 02, 2023  |  Banking

J.P. Morgan Chase is reportedly resolving some duplicate transactions experienced by its customers who used Zelle. The bank has apologized to customers, is working to resolve the...

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JPMorgan Chase Closing 25% of First Republic’s Branches After Acquisition
JPMorgan Chase Closing 25% of First Republic’s Branches After Acquisition
June 01, 2023  |  Banking

J.P. Morgan Chase will close 21 of the 84 branches of its recent acquisition, First Republic Bank. About 100 employees will be affected by the closures, Reuters reported...

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JPMorgan Chase CEO Jamie Dimon Hints at Political Ambitions
JPMorgan Chase CEO Jamie Dimon Hints at Political Ambitions
May 31, 2023  |  Politics

J.P. Morgan Chase CEO Jamie Dimon said he loves his job but has considered running for public office. Asked in an interview if he had ever considered doing so, Dimon...

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Banks Expand Teams That Cater to World’s Wealthiest People
Banks Expand Teams That Cater to World’s Wealthiest People
May 30, 2023  |  Banking

Banks are reportedly expanding their efforts to cater to the world’s wealthiest people. J.P. Morgan Chase’s 23 Wall, for example, is a family office that includes...

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JPMorgan Chase Cuts 500 Technology and Operations Roles
JPMorgan Chase Cuts 500 Technology and Operations Roles
May 26, 2023  |  Banking

JPMorgan Chase has reportedly cut 500 positions, most being technology and operations roles. The cuts were made this week and across the bank’s divisions, CNBC reported Friday (May...

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JPMorgan On Track to Deliver $1 Billion in Value Through AI
JPMorgan On Track to Deliver $1 Billion in Value Through AI
May 22, 2023  |  Banking

For J.P. Morgan, and as evidenced at its investor day on Monday (May 22), a few things remain the same. CEO Jamie Dimon will remain at the...

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