Displaying 48 results
Cresset adds two J.P. Morgan teams overseeing $5B
The two groups were among several former First Republic teams whose exits from J.P. Morgan were announced Friday.
JPMorgan reports lower-than-expected net interest income in Q1
The bank raised its expense guidance for this year to about $91 billion.
Dimon says AI could be ‘transformational’
JPMorgan Chase's CEO says AI's impact on the economy could equal that of the steam engine.
JPMorgan fined $348M for falling short on trading surveillance
The firm's trade-surveillance program has operated with certain deficiencies since at least 2019, according to the OCC.
JPMorgan acquires ex-Fortress investment tech firm LayerOne
The deal will improve JPMorgan's offering for hedge funds.
Dimon says rich should pay more to fund low-income tax cuts
'There are so many tax breaks out there that shouldn’t be there,' JPMorgan CEO says.
JPMorgan’s Jamie Dimon is getting a hefty pay rise
CEO to benefit from 5% increase amid firm's strong profits.
JPMorgan posts record net interest income
The bank said the windfall may continue this year; its earnings also included a $2.9B charge for an FDIC special assessment related to last year's bank failures.
JPMorgan favors 60/40 over cash for the next decade
The stalwart strategy for investing is far from dead say Wall Street experts.
JPMorgan reports another quarter of record net interest income
With a boost from higher interest rates and its purchase of First Republic Bank, the firm raised its forecast for the year.
JPMorgan pays $75M to settle US Virgin Islands suit over Epstein ties
The firm also reached a confidential agreement with former executive Jes Staley.
Former Merrill star manager Oden jumps to HSBC
But big banks can fall flat when it comes to building a home for financial advisors.
Galvin launches investigation into brokers’ use of AI
The Massachusetts Secretary of the Commonwealth sent letters to firms including JPMorgan and Morgan Stanley to learn how they are using AI with investors.
Exec charged over JPMorgan fraud case
$175 million sale snares another defendant with charges of securities fraud, wire fraud and conspiracy.
Wells Fargo shares jump after Q2 results exceed estimates
Bank's net interest income soars on back of Fed rate hikes.
JPMorgan posts record revenue on interest rates, First Republic deal
The firm's $41.3 billion in revenue beat analysts' expectations, fueled by $21.8 billion in net interest income as well as a $2.7 billion gain on its purchase of First Republic.
JPMorgan Chase announces layoffs
Meanwhile, the firm chases Silicon Valley Bank business by hiring overseas.
J.P. Morgan adds ESG data service for institutional investors
The new service will let clients compare ESG data across providers.
JPMorgan to pay $290 million to settle suit from Epstein victim
The firm reached an agreement to settle a proposed class action alleging that it knowingly benefited from former client Jeffrey Epstein's sex trafficking.
Can Goldman Sachs and Citigroup catch up on hiring advisors?
Both banks have recently signaled their interest in bolstering their wealth management operations, but they can't snap their fingers and conjure financial advisors from thin air.
