JPMorgan Chase & Co. (NYSE:JPM ) Bernstein's 40th Annual Strategic Decisions Conference May 29, 2024 9:00 AM ET Company Participants James Dimon - CEO Conference Call Participants Unidentified Analyst Thanks, everyone. Very happy to have JPMorgan Chase CEO, Jamie Dimon joining us.
JPMorgan Chase & Co. Chief Executive Jamie Dimon said Wednesday that the bank could one day invest up to $200 billion in private-credit deals off its balance sheet, but he flagged potential risks with the rapidly growing asset class.
At its investor day earlier this month, Dimon namechecked senior JPMorgan executives who run major divisions as CEO candidates.
JPMorgan Chase CEO Jamie Dimon said on Wednesday that the split between chairman and CEO roles in the bank are overstated while adding that he and the board will do the right thing on succession.
The latest trading day saw JPMorgan Chase & Co. (JPM) settling at $199.50, representing a -0.6% change from its previous close.
JPMorgan Chase is in close contact with local officials after a building explosion in Youngstown, Ohio, a bank spokesperson said in response to questions after a video of the purported blast was posted on X.
JPMorgan Chase & Co. (JPM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
"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.