Results for "jpmorgan chase"

Displaying 1,332 results

Sort: Date | Relevance

Author:

Millennials drawn to JPMorgan app offering free trades

May 15, 2019

JPMorgan Chase & Co.'s investing app is attracting newbies. Half of customers opening accounts on the bank's You Invest platform are millennials, according to Kunal Vaed, head of digital self-directed investing at JPMorgan. Some have been tempted...

Maxine Waters puts bank chiefs in hot seat and gets results

May 6, 2019

Maxine Waters hauled seven Wall Street bank chiefs to a hearing that had all the elements of a show trial: contrite executives, lecturing lawmakers and TV cameras to magnify every exchange. Civil rights activist Jesse Jackson even showed up....

Senior execs at Wells Fargo lobby to keep interim CEO

May 6, 2019

While Wells Fargo & Co.'s board looks far and wide for the bank's next leader, some of the company's most senior insiders have an alternative proposal: Why not keep the interim chief? Allen Parker, who joined the bank as general counsel to help...

New ETF offers a way to bet on credit volatility

April 17, 2019

The short-volatility complex is coming to corporate debt ETFs. An exchange-traded fund that will test appetite for credit volatility as a standalone asset class arrived this month, smack in the middle of the calmest junk-bond markets since October....

Few rush to invest in opportunity zones

April 10, 2019

Investors eyeing President Donald Trump's Opportunity Zones face a ticking clock if they want to fully capture one of the biggest tax breaks in decades. But few so far seem ready to make the leap. Tucked into the 2017 tax overhaul, Opportunity...

ETF that doesn't reveal its assets poised to get SEC OK

April 9, 2019

An exchange-traded fund that doesn't have to reveal its assets is poised to get the regulator's blessing after a more than four-year wait. The Securities and Exchange Commission plans to issue an order granting Precidian Funds permission for...

Wells Fargo must find an outsider for its next CEO

March 29, 2019

For more than two years, Wells Fargo & Co.'s board maintained an insider could reform the bank. Now that Tim Sloan has stepped down, directors are changing their tune — and must find an outsider who wants the job. Between a pair of visits...

Wells Fargo shakeup receives mixed reaction from Wall Street

March 29, 2019

Shares of Wells Fargo & Co. fell in early Friday trading after Chief Executive Officer Tim Sloan abruptly stepped down on Thursday, triggering a hasty search for a successor. The move came partly as a relief, as Mr. Sloan had faced a tough crowd...

JPMorgan reportedly cutting hundreds of jobs in asset, wealth unit

March 28, 2019

JPMorgan Chase & Co. is dismissing hundreds of workers in its asset and wealth management division after a periodic review of staffing, according to a person briefed on the matter. The bank is reducing the number of employees in support roles...

Female bankers take lead as financial companies target China's wealthiest

March 28, 2019

Amy Lo manages money for some of the richest people in China. She has an expanding clientele, as new billionaires turn up weekly in China. Ms. Lo in January started co-managing UBS Group AG's private banking business in the world's fastest-growing...

As cash-back ETF hits funds market, signs of trouble appear

March 20, 2019

There's a whiff of desperation among asset managers in their seemingly never-ending war on fund fees. Last week, one ETF upstart created a minor splash by doing what was once unthinkable — offering to pay investors to buy into its exchange-traded...

Wells Fargo adds low productivity to a long list of challenges

March 15, 2019

Wells Fargo & Co.'s leaders have repeatedly assured the public its aggressive sales culture is gone after quotas led workers to foist unwanted products on clients. Now another problem is festering: low productivity. The bank, which employs more...

Wells Fargo CEO Tim Sloan gets 5.7 percent pay boost, $2 million bonus

March 14, 2019

Wells Fargo & Co. boosted Chief Executive Officer Tim Sloan's compensation by 5.7% to $18.4 million for last year as the bank has worked to overcome multiple scandals. Mr. Sloan got $2.4 million in salary and $14 million of restricted stock...

Forget zero fees. This ETF is offering to pay investors

March 12, 2019

Free is no longer cheap enough in the ultra-competitive market for exchange-traded funds. Salt Financial, which currently runs one $10 million ETF, plans to woo buyers with a fund that will temporarily pay them to invest, according to regulatory...

JPMorgan rolls out cheapest-ever stock ETF

March 11, 2019

JPMorgan Chase & Co. is still trying to make a buck while selling America's cheapest exchange-traded fund. The bank plans to charge just 20 cents for every $1,000 invested in a new stock fund, undercutting all 2,000 existing U.S. ETFs, a regulatory...

Wells Fargo CEO Tim Sloan could be hard to oust — here's why

February 22, 2019

Wells Fargo & Co.'s top critic makes it sound so easy. Sen. Elizabeth Warren has made her view clear — again and again — that the bank can't resolve its scandals until it names an untainted replacement for Chief Executive Officer Tim Sloan....

Philadelphia sues seven banks over 'collusion' in municipal bond deals

February 21, 2019

Philadelphia sued seven banks, including JPMorgan Chase & Co. and Bank of America Corp., accusing them of costing local governments billions of dollars by colluding to fix the prices on floating-rate bonds issued to finance public works. The...

UBS eschews $6 billion settlement in French tax investigation

February 19, 2019

It's UBS Group AG's $6 billion gamble, but the risk extends far. The Swiss lender eschewed a settlement in a French tax investigation after failing to agree on an amount, exposing it to in-court demands from the state and prosecutors. Paris...

WisdomTree said to have explored sale to JPMorgan Chase

February 11, 2019

WisdomTree Investments Inc. explored a sale late last year and held talks with JPMorgan Chase & Co., according to people familiar with the matter. WisdomTree's negotiations with JPMorgan ended in December because the parties couldn't agree on...

Fidelity to launch bitcoin custody service in March

January 29, 2019

Fidelity Investments is targeting a March launch date for its bitcoin custody service, according to three people with knowledge of the matter, as the mutual-fund giant moves forward with a plan that could help ease fears of trading cryptocurrencies....

Next Page »

1 | 2 | 3 | 4 | 5 ... 67

X

Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting investmentnews.com? It'll help us continue to serve you.

Yes, show me how to whitelist investmentnews.com

Ad blocker detected. Please whitelist us or give premium a try.