"Sell in May and Go Away" does not hold true for the S&P 500 in the last 10 years. In the years immediately preceding the Credit Crunch, returns in the first half of the year exceeded the second half's. Since the Fed started stress testing banks, second half returns have exceeded first half returns - JP Morgan has benefitted more than most.
The CFTC issues an order against JPMorgan (JPM) to pay a penalty of $200 million for trade reporting lapses.
JPMorgan (JPM) mulls expanding private credit business through acquisition. This will further bolster its asset management unit.
The stock market initially expected multiple rate cuts in 2024. However, as the year progressed, persistent inflation has led the Federal Reserve to reconsider its approach, deciding to maintain current rates with discussions of potential rate hikes gaining traction.
The U.S. Commodity Futures Trading Commission on Thursday said JPMorgan Chase & Co will pay $100 million over trade reporting lapses.
JPMorgan (JPM) is poised to pay a fine of $100 million to the CFTC over trade reporting lapses.
JPMorgan Chase is reportedly moving deeper into the uber-popular world of private credit. That's according to a report Thursday (May 23) by Bloomberg News, which notes that the banking giant is hoping to bolster its $3.6 trillion asset management business.
JPMorgan Chase is reportedly moving deeper into the uber-popular world of private credit. That's according to a report Thursday (May 23) by Bloomberg News, which notes that the banking giant is hoping to bolster its $3.6 trillion asset management business.
Dimon said the worst outcome for the U.S. economy will be a "stagflation" scenario, where inflation continues to rise, but growth slows amid high unemployment.
In the latest trading session, JPMorgan Chase & Co. (JPM) closed at $198.31, marking a -0.61% move from the previous day.
The U.S. Commodity Futures Trading Commission is expected as soon as Wednesday to announce a $100 million settlement with JPMorgan Chase & Co over trade reporting lapses, a source with direct knowledge of the matter told Reuters.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does JPMorgan Chase & Co. (JPM) have what it takes?