JPM - JPMorgan Chase & Co.

JPMorgan COO: 'There will be a recession at some point'

Two of the banking industry's top executives discussed the slowdown they expect to see this year on Wall Street.

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  JPMorgan Chase's COO talks economy, what he thinks the Fed will do with interest rates

  Fox Business
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  JPMorgan president says loan demand declining, US economic slowdown weighs

  Reuters

3 Top Bank Stocks to Buy in June

It's been quite a few months for the banking sector. Here are three top bank stocks to buy in June. Then look no further than JPMorgan Chase (NYSE: JPM), the largest bank by assets in the U.S. The bank and its fortress balance sheet can operate in just about any environment, which makes it a rarity in a cyclical sector.

JPMorgan Chase's COO talks economy, what he thinks the Fed will do with interest rates

JPMorgan Chase Chief Operating Officer Daniel Pinto offered his take Friday on the economy and the direction U.S. interest rates could be headed.

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  JPMorgan COO: 'There will be a recession at some point'

  Yahoo Finance
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  JPMorgan president says loan demand declining, US economic slowdown weighs

  Reuters

JPMorgan Chase Working to Reverse Double Payments on Zelle

JPMorgan Chase said some of its banking customers who use the payment app Zelle had their checking accounts mistakenly charged twice. A spokesperson for JPMorgan Chase said Friday the bank is working to resolve the issue and will automatically reverse duplicates and adjust any related fees. Chase said late Friday afternoon the underlying issue had been resolved, and it started reversing the duplicate charges.

Frank Founder Charlie Javice Says JPMorgan Documents Will Exonerate Her

(Bloomberg) -- Frank founder Charlie Javice is seeking access to JPMorgan Chase & Co. documents she says will exonerate her in the bank’s fraud suit against her, as well as in the criminal and SEC cases she’s facing.Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthRich Latin Americans Transform Laid-Back Madrid Into a New MiamiHedge Funds at War for Top Traders Dangle $120 Million PayoutsEverything

JPMorgan president says loan demand declining, US economic slowdown weighs

JPMorgan Chase & Co's President and Chief Operating Officer Daniel Pinto said loan demand is declining at a time when regional and small banks are also tightening credit. "There is no doubt that regional banks and smaller banks are building up liquidity, building capital, so they are lending a bit less," Pinto told investors on Friday. Consumption remains positive, but there are some indications the economy is slowing, Pinto said.

• 
  JPMorgan Chase's COO talks economy, what he thinks the Fed will do with interest rates

  Fox Business
• 
  JPMorgan COO: 'There will be a recession at some point'

  Yahoo Finance

Bank Stocks Are Too Beaten Down. JPMorgan Chase, Citizens Financial, and More to Buy Now.

Bank stocks have been “excessively penalized,” says Wells Fargo analyst Mike Mayo. Here are some names to consider.

Goldman Sachs Takes Aim at JPMorgan’s Billions With Copycat ETFs

(Bloomberg) -- The runaway success of JPMorgan Chase & Co.’s actively managed exchange-traded fund lineup has Goldman Sachs Group Inc. playing catchup. Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthRich Latin Americans Transform Laid-Back Madrid Into a New MiamiHedge Funds at War for Top Traders Dangle $120 Million PayoutsEverything Apple Plans to Show at WWDC: XR Headset, iOS 17 and MoreThe Gol

JPMorgan (JPM) to Shut 21 First Republic Branches Post Takeover

JPMorgan (JPM) is likely to close 21 branches of First Republic by the end of 2023. JPM has taken over failed First Republic last month.

FDIC-Insured Banks' Q1 Earnings Up on Higher NII, Two Banks Fail

Higher rates, decent loan demand and efforts to bolster fee income support FDIC-Insured banks' like JPM, BAC, C & WFC financials.

Zacks Industry Outlook Highlights JPMorgan Chase, Bank of America and Citigroup

JPMorgan Chase, Bank of America and Citigroup have been highlighted in this Industry Outlook article.

UPDATE 4-JPMorgan's Dimon visits Taiwan to meet staff, clients -source

Jamie Dimon, the chief executive of U.S. bank JPMorgan Chase & Co, is visiting Taiwan on Friday, a source with direct knowledge of the matter said, his first trip to the island in a nearly a decade, after concluding a visit to China this week. Dimon's trip to Taipei, where JPMorgan has had a banking presence since 1970, comes amid heightened tension over the democratically-governed island, which Beijing claims as its own territory. Taiwan strongly rejects China's sovereignty claims.

Goldman making 'targeted' job cuts amid 'pretty difficult' Wall Street slump

The new cuts at the Wall Street giant amount to roughly 250 positions, following two previous rounds of layoffs.

Largest US Lender JP Morgan Announces First Republic Branch Closures Amid Expansion Plans

JP Morgan Chase & Co (NYSE: JPM) looks to shut 21 branches of First Republic Bank by 2023 as it integrates the failed lender into its operations. The locations account for about a quarter of First Republic's 84 branches across eight states, Reuters cites a company spokesperson. These locations have relatively low transaction volumes and are generally within a short drive from another First Republic office, the spokesperson said. Also Read: ChatGPT Bug Bites JP Morgan: Looks To Develop AI Softwar

Jamie Dimon's successors: Who could take over as JPMorgan CEO

JPMorgan CEO Jaime Dimon raised eyebrows when he hinted at a possible run for public office. But he would have to leave JPMorgan first. Yahoo Finance's David Hollerith takes a closer look at who could potentially succeed Dimon as CEO.

JPMorgan to close 21 First Republic Bank branches by end of the year

JPMorgan Chase & Co will shut 21 branches of First Republic Bank by the end of the year as it integrates the failed lender into its operations, a JPMorgan spokesperson said on Thursday. The lender, which was the largest to collapse since the 2008 financial crisis, was seized by regulators in May and sold to JPMorgan. "These locations have relatively low transaction volumes and are generally within a short drive from another First Republic office," the spokesperson said.

Jamie Dimon Says He Has Considered Politics After JPMorgan Chase

JPMorgan Chase CEO Jamie Dimon, 67, is at the bank's Global China Summit in Shanghai and recently said he has no intention of retiring soon.

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  JPMorgan's Dimon visits Taiwan to meet staff, clients -source

  Reuters
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  UPDATE 4-JPMorgan's Dimon visits Taiwan to meet staff, clients -source

  Reuters

3 Major Regional Banks to Watch Amid Waning Loans, High Rates

A rise in funding costs due to higher rates, waning loan demand, weakening asset quality and recession risk will hurt Zacks Major Regional Banks' financials. Yet, industry players like JPM, BAC & C are worth watching on restructuring and digitization efforts.

Jamie Dimon Says He Never Discussed Jeffrey Epstein’s Accounts at JPMorgan; Jes Staley Says Dimon Did

Former top JPMorgan executive Jes Staley said in legal documents that he communicated with CEO Jamie Dimon about the bank’s business with convicted sex offender Jeffrey Epstein.

JPMorgan's Dimon not aware of 2011 warning about Jeffrey Epstein: Deposition

The CEO said he doesn't recall his executives raising concerns about Epstein during the period when the convicted sex predator was a customer of the bank.

JPMorgan Chase CEO Jamie Dimon says status of banking system is 'nothing like '08'

Jamie Dimon on Wednesday said the current status of the U.S. banking system was 'nothing like 08.' He told Bloomberg Television that 'there's nothing like that leverage in the system.'

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  JPMorgan's Dimon visits Taiwan to meet staff, clients -source

  Reuters
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  UPDATE 4-JPMorgan's Dimon visits Taiwan to meet staff, clients -source

  Reuters