JPMorgan is seeking to offload risk tied to more than $4 billion in loans to private equity funds, Financial Times reported on Friday, citing people familiar with matter.
Artificial intelligence is poised to drastically shrink the workforce at the nation's largest bank, but the transition will happen without the pain of mass layoffs, JPMorgan Chase CEO Jamie Dimon said Thursday.
JPMorgan launches Chase in Germany with a 4% promo savings rate, aiming to add current accounts, investing and lending by 2028.
JPMorgan will likely hire more artificial intelligence specialists and fewer traditional bankers, CEO Jamie Dimon told Bloomberg News in an interview published late Wednesday.
JPMorgan said that it was officially opening its Chase digital retail bank in Germany on Wednesday, with customers now able to download an app and its website going live.
The top summer reading list for the wealthy this year includes books on artificial intelligence, longevity, Keith Haring and lemon recipes. JPMorgan's annual summer reading list, which has become the go-to selection of beach books for the wealthy, has 14 titles this year.
JPMorgan delivered robust Q1 results, with net income attributable to common shareholders rising over 10% year-over-year to $16.15B. JPM.PR.M preferred shares offer a nearly 6% yield, supported by less than a 2% payout ratio and $344B in common equity as a cushion. I view JPM's preferreds as offering excellent risk/reward, given strong coverage ratios and asset protection despite their non-cumulative nature.
JPMorgan Chase & Co. (JPM) reported earnings 30 days ago. What's next for the stock?
When Pattern Group co-founders David Wright and Melanie Alder needed $10 million for their startup in 2017, it was barely a rounding error for a bank like JPMorgan, which held $2.5 trillion in assets at the time.
JPM's quiet Q1 2026 winner Asset & Wealth Management's revenues jump 11% as AUM climb to $4.8T on net inflows and stronger management fees.
J.P. Morgan Chase is reportedly weeks away from launching its long-awaited Europe-based retail banking effort. Three years after CEO Jamie Dimon laid out plans to expand J.P.
Jamie Dimon warns the UK that any move to hike taxes on banks in the event Keir Starmer is replaced as the UK's prime minster would see JPMorgan scrap plans to invest billions in a new London headquarters in Canary Wharf. He speaks with Francine Lacqua on "Bloomberg Open Interest.