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View JPM on Yahoo Finance →2025-02-19
The White House tightens control over the Fed — but not on rates
Feb 19, 2025, 1:18 PM
A new executive order gives President Donald Trump’s appointees more power over independent agencies, including how the Fed regulates banks. But monetary policy will remain under the central bank's full control.
2025-02-17
JPMorgan's new NYC headquarters to offer jaw-dropping employee perks
Feb 17, 2025, 7:00 AM
JPMorgan Chase is opening a new headquarters in New York City later this year. It will feature numerous perks as employees are mandated to return to the office.
2025-02-15
Wall Street's diversity dilemma deepens as JPMorgan's Dimon sounds off on 'stupid' DEI expenses
Feb 15, 2025, 9:30 AM
JPMorgan Chase CEO Jamie Dimon, a longtime advocate of diversity, told employees this past week during a town hall that he "was never a firm believer in bias training" and had questions about money being spent on certain DEI programs.
2025-02-14
JPMorgan’s Dimon wants Washington to 'look at all the rules and regulations' affecting big banks
Feb 14, 2025, 4:19 AM
JPMorgan Chase CEO Jamie Dimon made it clear during a visit to the nation's capital Thursday that he is in favor of a restructuring of the financial regulatory agencies that oversee his bank and his industry.
2025-02-13
Jamie Dimon slams anti-RTO movement: 'I don't care how many people sign that f---ing petition'
Feb 13, 2025, 4:46 PM
Jamie Dimon, the head of Wall Street titan JPMorgan, told staffers that he didn't care about a petition circulating that was trying to reverse the company's latest policy.
Big bank CEOs to meet with lawmakers on solutions to debanking
Feb 13, 2025, 11:48 AM
A group of CEOs from leading U.S. banks are meeting with the Senate Banking Committee to discuss potential solutions to regulatory issues related to debanking decisions.
2025-02-12
JPMorgan CEO Dimon derides in-office work pushback, demands efficiency
Feb 12, 2025, 10:55 PM
JPMorgan Chase CEO Jamie Dimon scorned calls from some employees to soften the bank's five-day return-to-office policy in an animated town hall meeting on Wednesday, according to a recording reviewed by Reuters. Employees at the largest U.S. bank have complained on internal message boards and chats about losing hybrid working arrangements, and one group launched an online petition urging Dimon to reconsider. JPMorgan declined to comment.
JPMorgan Chase reportedly to start rounds of layoffs
Feb 12, 2025, 2:55 PM
JPMorgan Chase has several rounds of layoffs coming this year, and some workers at the company have apparently started being told they will lose their jobs, according to Barron's.
Zelle payments top $1 trillion in 2024 as network's growth outpaces rivals including PayPal
Feb 12, 2025, 8:01 AM
Zelle said its user base jumped 12% to 151 million accounts in 2024, and that the total dollars sent on the platform jumped 27% from the year earlier.
2025-02-11
The start of Trump 2.0 is not quite what Wall Street expected
Feb 11, 2025, 4:00 AM
Some big Wall Street firms are facing new complications that were not part of the plan when Donald Trump was elected in November.
2025-02-08
Team Trump’s fight to convince Wall Street that Musk's DOGE is good for markets
Feb 8, 2025, 9:50 AM
Top Trump officials fanned out this past week to talk to markets about the upside of Elon Musk’s activities as questions mounted about his team’s access to a sensitive payments system.
2025-02-05
Warren says Trump was 'on to a real problem' when he blasted BofA for debanking customers
Feb 5, 2025, 11:23 AM
Donald Trump and the GOP have a surprising new ally in their push to clamp down on 'debanking': Elizabeth Warren.
2025-01-26
Not all companies are backing away from DEI in the new Trump era
Jan 26, 2025, 9:01 AM
Costco did something this past week that is unusual for a company operating in the new Trump era — successfully push back against a challenge to its diversity efforts. It is not the only one trying to do so.
2025-01-25
Jamie Dimon and the crypto world agree 'debanking' needs to be fixed — but for different reasons
Jan 25, 2025, 9:16 AM
The claim that big banks have closed accounts held by certain political or business customers gained new visibility this week when President Donald Trump confronted by name the CEOs of JPMorgan and Bank of America.
2025-01-24
Here's what CEOs are saying about DEI at Davos
Jan 24, 2025, 8:40 AM
On the ground in Davos, DEI has been the subject of conversation both on the record and behind closed doors.
2025-01-23
Trump just took a shot at Bank of America. Here’s what he's talking about
Jan 23, 2025, 2:08 PM
President Donald Trump on Thursday accused the CEOs of Bank of America and JPMorgan Chase of refusing to serve conservatives.
2025-01-22
Jamie Dimon says tariffs can be positive for national security, even if inflationary: 'Get over it'
Jan 22, 2025, 12:12 PM
JPMorgan Chase CEO Jamie Dimon said in a new interview that tariffs are an economic tool that could boost inflation but could be useful for addressing national security concerns.
JPMorgan's Dimon argues tariffs are good for US security even if inflationary: 'Get over it'
Jan 22, 2025, 10:36 AM
JPMorgan Chase CEO Jamie Dimon on Wednesday downplayed concerns about new tariffs from the Trump administration: 'If it's a little inflationary, but it's good for national security, so be it.'
JPMorgan setting up a 'war room' to keep up with Trump's policy changes
Jan 22, 2025, 6:00 AM
J.P. Morgan is setting up a "war room" to keep up and analyze all of the new policy changes coming from the Trump administration.
2025-01-21
JPMorgan's Trump 'war room' pulls all nighter as US companies digest first moves
Jan 21, 2025, 10:28 AM
JPMorgan Chase, like the rest of the world, is scrambling to figure out what the start of Trump 2.0 means.
2025-01-20
Big Banks Quit Climate Change Groups Ahead of Trump’s Term
Jan 20, 2025, 3:00 AM
Several large U.S. financial institutions, including the Federal Reserve, have withdrawn from the networks after years of growing political and legal pressure.
2025-01-19
Mag 7, crypto, AI, Trump, tariffs, Fed, and everything else that will dominate Davos
Jan 19, 2025, 8:12 AM
Investors would be wise to pay closer attention to the World Economic Forum about to kick off in Davos, Switzerland.
2025-01-16
Wall Street banks had a great quarter, and the boom times are just starting
Jan 16, 2025, 3:01 PM
JPMorgan Chase, Goldman Sachs and Morgan Stanley easily topped estimates for the fourth quarter.
Big banks enter the Trump era on a high note: Morning Brief
Jan 16, 2025, 6:00 AM
For the nation's biggest lenders a second Trump term can lead to profits no matter what the Fed does to interest rates.
Stock futures higher after S&P 500 posts best day since November: Live updates
Jan 15, 2025, 6:02 PM
Investors are coming off a strong session after a moderate improvement in core inflation in December's consumer price index spurred a risk-on rally.
2025-01-15
Stock market today: Dow jumps 700 points, Nasdaq soars 2.5% after cool CPI reading
Jan 15, 2025, 4:08 PM
A better than-expected consumer inflation report sparked a rally in stocks on Wednesday.
JPMorgan Chase is boosting buybacks even after CEO Jamie Dimon called the stock expensive
Jan 15, 2025, 4:01 PM
Fresh off a record year for profit and revenue, JPMorgan is facing questions over what CFO Jeremy Barnum admitted was excess capital.
Stock market today: Dow jumps 700 points, Nasdaq soars 2.5% after cool CPI reading
Jan 15, 2025, 4:08 PM
A better than-expected consumer inflation report sparked a rally in stocks on Wednesday.
Jamie Dimon's 'base case' for stepping down as JPMorgan CEO is a few years from now
Jan 15, 2025, 11:41 AM
Jamie Dimon agreed Wednesday with an analyst's assessment that his "base case" for stepping down as JPMorgan Chase CEO is a few years from now.
Stock market today: Dow, S&P 500, Nasdaq soar as inflation cools, bank earnings shine
Jan 15, 2025, 2:08 PM
A better than-expected consumer inflation report sparked a rally in stocks on Wednesday.
JPMorgan Chase, Wells Fargo and Goldman Sachs Report Big Profits
Jan 15, 2025, 8:19 AM
The largest banks, including JPMorgan Chase, Wells Fargo and Goldman Sachs, reported bumper profits on Wednesday.
JPMorgan notches another record year of profits
Jan 15, 2025, 8:30 AM
The nation's largest bank earned $14 billion in the final quarter of 2024 due largely to a Wall Street revival, pushing its annual haul to an all-time record of $58 billion.
Stock market today: Dow, S&P 500, Nasdaq soar as inflation cools, bank earnings shine
Jan 15, 2025, 1:10 PM
A better than-expected- consumer inflation report sparked a rally in stocks on Wednesday.
JPMorgan Chase is set to report fourth-quarter earnings – here’s what the Street expects
Jan 15, 2025, 12:01 AM
JPMorgan's results will be closely watched for signs that industry optimism is warranted.
2025-01-14
Stock market today: Dow pops, Nasdaq slips as focus turns to CPI inflation report
Jan 14, 2025, 4:51 PM
Investors are weighing what a reported gradual rollout of Trump tariff hikes could mean for inflation and the Fed.
JPMorgan reshuffling creates new questions about who succeeds Jamie Dimon
Jan 14, 2025, 10:36 AM
JPMorgan elevated Jennifer Piepszak to COO as part of a new management reshuffling announced Tuesday, but the nation’s largest bank said that Piepszak doesn’t want to succeed Jamie Dimon as CEO.
JPMorgan Chase exec Daniel Pinto, longtime No. 2 to Jamie Dimon, will step down in June
Jan 14, 2025, 8:58 AM
Pinto has worked at JPMorgan and a predecessor firm for more than four decades.
2025-01-13
Biggest US banks ready mortgage relief for victims of Los Angeles wildfires
Jan 13, 2025, 2:11 PM
Chase Home Lending is providing disaster forbearance for mortgage customers affected by the wildfires, parent firm JPMorgan said on Monday. BofA also said its program includes the possibility of mortgage forbearance tailored to customer needs.
Jamie Dimon weighs in on Trump's win, policies his admin should focus on
Jan 13, 2025, 1:24 PM
JPMorgan Chase CEO Jamie Dimon said in an interview with CBS that American voters' frustration with the government and policies it pursued led to President-elect Donald Trump's win.
The optimism over US banks is about to be put to the test
Jan 13, 2025, 4:00 AM
Investors ended 2024 brimming with optimism about US banks. What happens during the start of earnings season this week will put that optimism to a new test in 2025.
2025-01-12
Biden's consumer watchdog is taking a big last-minute risk
Jan 12, 2025, 9:42 AM
The Consumer Financial Protection Bureau has been finalizing consumer-friendly rules, in hopes they'll stick under a second Trump administration.
2025-01-04
Wall Street banks exit climate alliance as Trump 2.0 nears
Jan 4, 2025, 9:30 AM
Some of the biggest lenders in the US are beating a retreat from a UN-backed bank climate group in the final weeks before a new Trump administration prepares to take office.
2024-12-24
Consumer protection agency closes the Biden era taking big swings
Dec 24, 2024, 6:00 AM
Three new lawsuits filed by the CFPB take aggressive actions that could potentially be reversed by President-elect Donald Trump’s appointees.
2024-12-22
The year that Wall Street got its swagger back
Dec 22, 2024, 9:00 AM
Big bank bosses have a lot to cheer about as 2024 comes to an end. Dealmaking is surging, and an era of looser regulations looms with a new administration about to take over the White House.
2024-12-20
CFPB Sues Big Banks Over Rampant Fraud on Zelle
Dec 20, 2024, 12:34 PM
Action against Bank of America, JPMorgan Chase and Wells Fargo may not survive President-elect Donald J. Trump’s return to office.
CFPB sues JPMorgan Chase, Bank of America and Wells Fargo over Zelle payment fraud
Dec 20, 2024, 10:04 AM
2024-12-15
JPMorgan consumer banking boss Marianne Lake on Trump, the Fed and 2025
Dec 15, 2024, 9:00 AM
Marianne Lake, who runs JPMorgan's sprawling consumer franchise, offers her thoughts on the state of bank regulation, Trump's return to the White House, and the possibility of a soft landing.
2024-12-12
New rule limits bank overdraft fees: What to know
Dec 12, 2024, 2:02 PM
The Consumer Financial Protection Bureau (CFPB) said it is limiting banks’ ability to charge overdraft fees, and potentially saving households hundreds of dollars.
New Federal Rule Limits Overdraft Fees at Large Banks
Dec 12, 2024, 5:04 AM
It is unclear whether the rule, which could help save Americans billions in fees each year, will remain in place after President-elect Donald J. Trump returns to office.
2024-12-11
Big banks find many 'reasons to be optimistic about 2025' as Trump 2.0 nears
Dec 11, 2024, 5:25 AM
Executives from the country’s biggest banks sounded optimistic Tuesday as they assessed the impact of a new Trump administration, the state of the US economy in 2025, and more interest rate cuts expected from the Federal Reserve.
2024-11-26
How President-elect Donald Trump may impact investors in these 8 market sectors
Nov 26, 2024, 12:24 PM
President-elect Donald Trump's agenda carries risks and rewards for various investment sectors, market experts said.
2024-11-22
High-Yield Savings Accounts Are Still a Good Deal
Nov 22, 2024, 9:00 AM
Interest rates have been falling, but deposits are earning more than inflation.
Big Banks Bet Trump Will Make the Best of Times Even Better
Nov 22, 2024, 8:31 AM
(Bloomberg Markets) -- You wouldn’t have known JPMorgan Chase & Co. had just reported its best quarter by the way Jamie Dimon talked about his competition in July 2023. “They’re dancing in the streets,” the chief executive officer said, referring to hedge funds and private equity firms that were piling into the lending business as banks like his faced higher capital requirements.Most Read from BloombergTrump Promises Could Have Seismic Impact on Washington EconomyTokyo’s Scorching Summers Focus
2024-11-15
The public (and sometimes messy) race to become Trump’s Treasury secretary
Nov 15, 2024, 12:09 PM
The race to become Donald Trump’s Treasury Secretary is getting more harried — and public — by the day as candidates jockey for the attention of the president-elect.
2024-11-14
Jamie Dimon and Donald Trump make it official: They won’t be joining forces
Nov 14, 2024, 4:36 PM
President-elect Donald Trump and JPMorgan Chase CEO Jamie Dimon made it clear Thursday they won’t be working together when Trump moves back into the White House.
2024-11-13
Bankers beware: Elizabeth Warren becomes top Democrat on key Senate banking panel
Nov 13, 2024, 10:43 AM
The elevation of Elizabeth Warren as the top Democrat on a key Senate banking panel could mean some headaches for Wall Street financial giants in 2025
2024-11-12
Wall Street is bullish about bigger bonuses again
Nov 12, 2024, 9:39 AM
Wall Street is preparing for higher bonuses for the first time since 2021, with underwriters and traders getting the biggest pay boosts for 2024 performance.
2024-11-11
Trump is the most pro-stock market president in history, Wharton’s Jeremy Siegel says
Nov 11, 2024, 8:36 AM
"President-elect Trump is the most pro-stock market president we have had in our history," Siegel said on CNBC's "Squawk Box" Monday.
2024-11-07
Federal Reserve cuts interest rates by 25 basis points
Nov 7, 2024, 2:02 PM
The Fed cut interest rates by 25 basis points, avoiding any surprises just days after the election of Donald Trump as the next US president.
2024-11-06
Who might Trump pick to serve as Treasury secretary?
Nov 6, 2024, 5:20 PM
President-elect Trump will soon begin announcing nominees to key cabinet positions, and his Treasury secretary pick will play a key role in advancing his economic agenda.
Wall Street scores political victory with a Trump win: 'This should aid all banks'
Nov 6, 2024, 8:28 AM
US bank stocks rallied following a decisive win by President-elect Donald Trump, in a sign that big Wall Street financial institutions expect to have an easier time in Washington under a new Republican administration.
Stock market today: Dow, S&P 500, Nasdaq futures soar as Trump declared winner
Nov 6, 2024, 5:59 AM
Investors are in wait-and-see mode to find out whether Harris or Trump will win the US election.
Stock market today: Dow, S&P, Nasdaq futures jump as Trump closes in on victory
Nov 6, 2024, 2:30 AM
Investors are in wait-and-see mode to find out whether Harris or Trump will win the US election.
2024-11-05
5 things financial observers should watch Tuesday night that aren't Trump vs. Harris
Nov 5, 2024, 11:52 AM
The next commander in chief could be unknown for many hours (if not days) after the polls close. But that doesn't mean we won't have results this evening that financial observers will be watching closely.
2024-10-28
JP Morgan sues customers over viral cheque fraud
Oct 28, 2024, 11:40 PM
“Infinite money glitch” allowed the withdrawal of funds from cheques before they were cleared by the bank.
JPMorgan begins suing customers who allegedly stole thousands of dollars in 'infinite money glitch'
Oct 28, 2024, 1:32 PM
JPMorgan is investigating thousands of cases related to the glitch, which highlights the risk that social media can amplify vulnerabilities found at a bank.
2024-10-24
Wall Street’s trading desks are having a great year. The election could keep that going.
Oct 24, 2024, 4:00 AM
Trading desks at major banks are expecting a flurry of activity when the chaotic 2024 election comes to a close, and that could cement what is already a banner year for Wall Street.
2024-10-23
A key piece of Kamala Harris’s closing message: 'I am a capitalist'
Oct 23, 2024, 11:10 AM
Presidential campaigns often spend their final weeks searing a few final thoughts into voters' minds. For Kamala Harris, one of her key concluding messages is that she is a 'capitalist.'
Watch CFPB Director Rohit Chopra speak at DC Fintech Week
Oct 23, 2024, 10:40 AM
The director of the Consumer Financial Protection Bureau is slated to speak at DC Fintech Week on Wednesday.
2024-10-22
Jamie Dimon Privately Supports Kamala Harris. He Just Won’t Say So.
Oct 22, 2024, 11:21 AM
JPMorgan’s chief executive has told associates of his support for the vice president, and his dislike of Donald Trump. But fearful of blowback, he won’t say it publicly.
2024-10-15
'Soft landing' optimism spurs broad Wall Street rebound at big banks
Oct 15, 2024, 11:12 AM
The biggest banks staged a broad Wall Street rebound in the third quarter, as optimism about a possible 'soft landing' and rate cuts from the Fed spurred dealmaking and trading.
2024-10-13
Trump or Harris? Here are the 2024 stakes for airlines, banks, EVs, health care and more
Oct 13, 2024, 7:00 AM
With the U.S. election less than a month away, the country and its corporate sectors are staring down two drastically different options.
2024-10-11
JPMorgan touts 'soft landing' possibility after better-than-feared earnings
Oct 11, 2024, 11:03 AM
Profits at JPMorgan and Wells Fargo both fell from the year-ago period, but those declines were less than what analysts expected.
Big Banks Open Their Books for First Test After Rate Cuts
Oct 11, 2024, 8:11 AM
Profits fell at JPMorgan and Wells Fargo, but the lenders reported results that were largely better than had been expected, a sign that the economy remained solid.
Wall Street Profits Surge Despite Questions About the Economy
Oct 11, 2024, 7:48 AM
JPMorgan Chase, Wells Fargo and BlackRock reported strong quarterly results to kick off earnings season, but concerns linger about the strength of the consumer.
JPMorgan's profits fall 2% despite strong Wall Street performance
Oct 11, 2024, 7:24 AM
Profits at JPMorgan Chase fell in the third quarter as it set aside more money to cover future loan losses, but its Wall Street operations beat expectations.
Andersen Capital Management CIO Peter Andersen joins 'Mornings with Maria' to discuss big bank earnings and weighs in on the Federal Reserve's handling of rate cuts.
Stock market today: Dow, S&P 500, Nasdaq futures tread water with bank earnings on deck
Oct 11, 2024, 6:42 AM
JP Morgan and Wells Fargo get earnings season going in earnest, while a wholesale inflation print is in focus after the CPI surprise.
Stocks steady as traders await US earnings season: Markets Wrap
Oct 11, 2024, 3:15 AM
(Bloomberg) -- European stocks and US futures were little changed as traders digested hotter-than-anticipated inflation in the US and readied for the earnings season to take off. Most Read from BloombergThe Cablebus Transformed Commutes in Mexico City’s Populous OutskirtsSan Francisco to Shut 9% of Public Schools Amid Budget WoesChicago’s $1 Billion Budget Hole Exacerbated by School TurmoilUrban Heat Stress Is Another Disparity in the World’s Most Unequal NationShould Evictions Be Banned After H
JPMorgan Chase is set to report third-quarter earnings – here's what the Street expects
Oct 11, 2024, 12:01 AM
JPMorgan will be watched closely for clues on how banks are faring at the start of the Federal Reserve's easing cycle.
2024-10-10
The Fed is finally cutting rates, but banks aren't in the clear just yet
Oct 10, 2024, 12:51 PM
When the Federal Reserve cut its benchmark rate by half a percentage point last month, it boosted prospects for many banks.
2024-10-09
The big question hanging over banks as earnings season starts
Oct 9, 2024, 4:00 AM
Investors have questions about how a new Federal Reserve rate-cutting cycle will affect the biggest US banks, and they will be looking for some answers as third-quarter earnings season begins Friday.
2024-10-07
Stock market today: Dow futures slip with stocks in retreat as investors rethink rate-cut bets
Oct 7, 2024, 7:08 AM
Investors have overhauled their views on interest-rate cuts after a blowout jobs report, ahead of a week of key inflation data and the start of earnings season .
S&P’s $8 Trillion Rally Will Be Tested by Tricky Earnings Season
Oct 6, 2024, 9:00 AM
(Bloomberg) -- Traders are staring down a series of risks after the stock market’s torrid start to the year, from economic fear, to interest rate uncertainty, to election angst. But perhaps the most important variable for whether equities can keep rolling returns to the spotlight this week: corporate earnings.Most Read from BloombergSingapore Ends 181 Years of Horse Racing to Make Way for HomesFrom Cleveland to Chicago, NFL Teams Dream of Domed StadiumsWhat Do US Vehicle Regulators Have Against
2024-10-06
Inflation update and the start of Q3 earnings: What to know this week
Oct 6, 2024, 7:34 AM
Investors will be closely tracking quarterly reports from the big banks as third quarter earnings season kicks off.
2024-10-04
Slatestone Wealth chief market strategist Kenny Polcari reacts to Biden's acting labor secretary's commentary on the jobs report and future Fed rate cuts.
2024-10-02
Victim’s Unsealed Testimony Reveals New Details in Epstein Case
Oct 2, 2024, 11:21 AM
The woman testified in a now-settled lawsuit against J.P. Morgan Chase on behalf of hundreds of Jeffrey Epstein’s victims.
2024-10-01
BlackRock’s Fink says market is wrong on Fed rate-cut bets
Oct 1, 2024, 5:02 AM
(Bloomberg) -- BlackRock Inc. Chief Executive Officer Larry Fink said the market is pricing too many interest-rate cuts from the Federal Reserve given the US economy continues to grow.Most Read from BloombergA 7,000-Year-Old City Emerges as a Haven from Dubai’s Sky-High RentsGang Violence Is Moving to the Amazon’s Fast-Growing CitiesNew Rowhouses in London That Offer a Bridge to the 19th CenturyClimate Migrants Stand to Overwhelm World’s MegacitiesA Housing Crisis Brews in Rwanda’s Capital City“
2024-09-29
Wall Street forms super teams to fight for $1.7 trillion private credit market
Sep 29, 2024, 10:03 AM
Big banks and private equity giants are joining forces to create new Wall Street super groups, with the goal of capturing a bigger slice of the $1.7 trillion private credit market.
2024-09-27
Why JPMorgan Chase is prepared to sue the U.S. government over Zelle scams
Sep 27, 2024, 10:15 AM
JPMorgan disclosed that the CFPB could punish the lender for its role in Zelle, the giant peer-to-peer digital payments network.
2024-09-25
Wall Street just got another sign that dealmaking is on its way back
Sep 25, 2024, 5:51 PM
Investment banking fees at Jefferies Financial Group were up 47% from a year ago, the newest signal of a recovery across Wall Street from a two-year-long dealmaking drought.
2024-09-19
Bank stocks rise on Fed rate-cut rally
Sep 19, 2024, 11:20 AM
US bank stocks surged Thursday following a jumbo rate cut from the Federal Reserve, a sign of bullishness among investors who now expect an easing of monetary policy will boost Wall Street giants and smaller regional lenders.
2024-09-18
QI Research CEO and chief strategist Danielle DiMartino Booth reacts to the Federal Reserve cutting interest rates by half a percentage point on 'Making Money.'
Fed slashes interest rates by a half-point, an aggressive start to its first easing campaign in four years
Sep 18, 2024, 2:00 PM
The Federal Reserve on Wednesday released its decision regarding interest rates.
JPMorgan creates new role overseeing junior bankers as Wall Street wrestles with workload concerns
Sep 18, 2024, 10:50 AM
The move shows how JPMorgan Chase, the biggest American investment bank by revenue, is responding to the latest untimely death on Wall Street.
FOX Business' Gerri Willis breaks down the impact of the Fed's rate decision on Americans' finances during 'Mornings with Maria.'
JPMorgan’s Dimon says Fed rate cut won’t be ‘Earth-shattering’
Sep 17, 2024, 5:56 PM
(Bloomberg) -- JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said whether the Federal Reserve cuts interest rates by 25 or 50 basis points, the move is “not going to be earth-shattering.”Most Read from BloombergCalifornia’s Anti-Speeding Bill Can Be a Traffic Safety BreakthroughPipe Fire Near Houston Forces Residents to EvacuateLondon Mayor Plans to Pedestrianize Busy Oxford StreetTo Build a Happier City, Design for DensityAn Artist Reimagines the Spaces of Childhood, With Thorny Resu
2024-09-17
Apple is in talks with JPMorgan for bank to take over card from Goldman Sachs
Sep 17, 2024, 3:03 PM
While the talks are early and could falter, the move could mean that the country's largest credit card issuer may be about to grow even larger.
F.D.I.C. Says Banks Need to Keep a Record of Their Fintech Customers
Sep 17, 2024, 10:59 AM
Banks holding customer funds for money management apps should keep track of customers’ identities and balances, the agency says.
FDIC unveils rule forcing banks to keep fintech customer data in aftermath of Synapse debacle
Sep 17, 2024, 10:01 AM
The rule, aimed at accounts opened by fintech firms that partner with banks, makes the institution maintain records of who owns the account and daily balances.