116.84 +0.12 (0.10%)
After hours: 7:52PM EDT
|Bid||116.70 x 1400|
|Ask||0.00 x 800|
|Day's Range||116.43 - 118.46|
|52 Week Range||93.34 - 119.33|
|PE Ratio (TTM)||15.62|
|Forward Dividend & Yield||3.20 (2.70%)|
|1y Target Est||N/A|
Jim Cramer sits down with J.P. Morgan Chase & Co. Chairman and CEO Jamie Dimon, who speaks to the current political climate, why he won't run and his vision for government.
CEO of Aperture Investors says perform or take a pay cut to his portfolio managers. Yahoo Finance's Seana Smith, Dion Rabouin, and Jennifer Rogers discuss with CEO Peter Kraus.
Jim Cramer sits down with J.P. Morgan Chase & Co. Chairman and CEO Jamie Dimon. The longtime CEO speaks to the current political climate, why he won't run for president and his vision for government. In a time when CEOs and non-political figures seem to be exploring presidential bids, J.P. Morgan Chase & Co. JPM Chairman and CEO Jamie Dimon told CNBC that he's content with staying on the sidelines.
He predicted that the 50 branches the bank plans to open in the Philadelphia region over the next five years won’t show a profit for quite some time. But he doesn’t care.
Global Benchmark Brent crude jumped more than 3 percent on Monday to a four-year high above $80 a barrel after Saudi Arabia and Russia ruled out any immediate increase in production despite calls by U.S. President Donald Trump for action to raise global supply. The Organization of the Petroleum Exporting Countries and non-OPEC states, including top producer Russia, gathered in Algiers on Sunday for a meeting that ended with no formal recommendation for any additional supply boost to counter falling supply from Iran. "The market's still being driven by concerns about Iranian and Venezuelan supply," said Gene McGillian, director of market research at Tradition Energy in Stamford.
Which begs the question: Is this Warren Buffett’s worst investment? “I see no reason why Wells Fargo as a company…going forward is in any way inferior to the other big banks with which it competes,” Buffett said during annual shareholders meeting in May. “We have a large unrealized gain [in the stock].
J.P. Morgan is opening 50 new branches in Philadelphia, Delaware and southern New Jersey over the next five years, the bank said in a release. This is part of a plan disclosed in January to open 400 branches across the country. The bank said it will hire up to 300 employees for the Philadelphia-area branches.
For Greater Washington to grow and thrive for decades to come, it’s incumbent upon business to use our full range of capabilities and create the foundation for long-term, inclusive and sustainable growth.
JPMorgan Chase & Co. is opening its first retail branches in the Philadelphia area as part of a broader plan to bolster the consumer bank by expanding into more than a dozen new markets over five years. The largest U.S. bank by assets is planning to open about 50 branches and hire 300 people in Philadelphia, Delaware and Southern New Jersey, according to a statement Monday. JPMorgan unveiled a plan in January to earmark $20 billion over five years to open 400 branches in 15 to 20 new U.S. markets, boost employee wages, lend more and promote economic growth after its corporate tax rate was slashed.
As the latest 10 per cent tariffs on $200bn of Chinese imports went into effect, almost two-thirds of chief executive officers polled by the Business Roundtable reported that such measures would have a moderately or significantly negative effect on their companies’ investment plans over the next six months. Business confidence remains high, thanks to the “substantial tailwind” provided by December’s cuts to corporate tax rates and a series of deregulatory steps taken since Mr Trump became president, Mr Bolten said, but trade disputes have created “substantial and growing headwinds”.
The bank is rolling out its plans for its retail entry into the region, which should shake up the local competitive landscape.
The cuts are tied to the closure of JPMorgan Chase's "CCB Operations Fraud and Customer Protection Services (FCPS) and Workforce Management" operating units.
Tariffs may not weigh on stocks as much as investors think next week, CNBC's Jim Cramer says. The "Mad Money" host shares his game plan for the week, which will include an interview with J.P. Morgan CEO Jamie Dimon. The reason for the record highs in the S&P 500 and Dow Jones Industrial Average is staring investors in the face, CNBC's Jim Cramer said on Friday.
Jim Cramer shares his game plan for the week ahead and explains why tariffs may not weigh on stocks as much as investors think.
UBS Group AG's head of consumer products and retail investment banking, David Tcholakian, has left the bank to join JPMorgan Chase & Co as a managing director, according to three people familiar with the ...
When you’re managing $2.6 trillion in assets, where do you go to connect with your customers? JPMorgan Chase found its answer at an old warehouse amid the cornfields in Westerville.
Naturally, Warren Buffett’s and his lieutenant stock picks are often at the top of most investors must see list. While it’s not Buffett’s first foray with owning Goldman, it is his biggest outright purchase of GS stock. The truth is, Goldman Sachs could be quickly becoming a great Buffett pick.
Bank of America.If you work at a bank, and you meet with a client and like the cut of his jib and decide to lend him $300 million, and the client vanishes into thin air and the bank writes off the $300 million, are you in trouble? Were you not supposed to have done that? Obviously the bank would rather have the $300 million than not; lending $300 million and getting it back is better than lending $300 million and not getting it back.
Turnover has picked up this month and the daily On-Balance-Volume (OBV) line has made a higher low versus July. The trend-following Moving Average Convergence Divergence (MACD) oscillator just turned up from the zero line for a fresh outright go long signal. Volume has slowed the past three months and the weekly OBV line is still pointed down from an early 2018 peak.
Sacramento-area banks are holding more money in fewer branches, according to the latest summary of deposits from the Federal Deposit Insurance Corp.
Jefferies Group LLC posted a 28.1 percent dip in third-quarter profit, hit by a slowdown in its investment banking unit, which advises on deals and listings. Its quarterly profit of $60.2 million, down ...
The U.S. bank with the most employees has, until now, resisted deep job cuts, keeping headcount at about 265,000. That changed Thursday, when CEO Tim Sloan informed employees that as many as 26,500 positions will be eliminated.