NEW YORK (AP) — The CEOs of the nation’s biggest banks returned to Capitol Hill for a second day Thursday, and Senate Democrats strongly urged them to do more to help and protect their customers, while Republicans questioned whether banks should weigh in on hot-button social issues.
WASHINGTON (AP) — The CEOs of the nation's biggest banks appeared in front of Congress Wednesday and gave a dim view of the U.S. economy, reflecting the financial and economic distress many Americans are facing.
NEW YORK (AP) — Profits at JPMorgan Chase fell by 28% in the second quarter as the bank tries to navigate an economy that's showing strength in many areas but losing steam as interest rates continue to rise, hitting consumers and corporations alike.
NEW YORK (AP) — JPMorgan Chase said its first quarter profits dropped by 42% from last year, partly because the bank wrote down nearly $1.5 billion in assets due to higher inflation and Russia's war in Ukraine.
NEW YORK (AP) — Jamie Dimon laid out a laundry list of big risks looming for the global and U.S. economy in his letter to JPMorgan Chase shareholders on Monday,
Dimon’s annual letter has become something of a tradition for JPMorgan investors as well as the public.
HONG KONG (AP) — The bustling, cosmopolitan business hub of Hong Kong may be losing its shine among foreign companies and expatriates with its stringent anti-pandemic rules requiring up to 21 days of quarantine for new arrivals.
NEW YORK (AP) — JPMorgan Chase CEO Jamie Dimon said Friday that “he truly regrets” a quip he made this week about JPMorgan outlasting the Chinese Communist Party.
Dimon was speaking at an event in Boston where he said, “I was just in Hong Kong and I made a joke that the Communist Party is celebrating its 100th year.
NEW YORK (AP) — JPMorgan Chase will promote two women to jointly manage the bank's consumer finance division — the bank's biggest business by far — potentially signaling that a woman may eventually run the nation's biggest bank.
CHARLOTTE, N.C. (AP) — JPMorgan Chase said Thursday it will extend billions in loans to Black and Latino homebuyers and small business owners in an expanded effort toward fixing what the bank calls “systemic racism” in the country’s economic system...
DUBAI, United Arab Emirates (AP) — The Latest on the disappearance of a Saudi writer who Turkish officials fear was killed inside the Saudi Consulate in Istanbul (all times local):...
WASHINGTON (AP) — The nation's top elected leader and its most powerful banker are fighting over who is smarter...