Jpmorgan chase Stories
JP Morgan To Shut Down Chase Pay App As It Faces Stiff Competition From Apple
JP Morgan Chase is set to shut down its Chase Pay app in 2020, but the Chase Pay merchant button will still be available on participating websites.
181 CEOs Redefine 'Purpose Of Corporation', Say Employees, Customers More Important Than Shareholders
181 members of the Business Roundtable will no longer have anything to do with promoting the maximization of shareholder value and profit in a nod to the value of their employees.
JPMorgan Chase: Strong Earnings But A Weaker Outlook
The largest U.S. bank just reported its latest results, and they’re a mixed bag.
JPMorgan-Owned Ship Seized With 20 Tons Of Cocaine, Worth $1.3 Billion
In one of the largest drug busts in American history, the U.S authorities in Philadelphia seized a container ship owned by banking giant JP Morgan, carrying nearly 20 tons of cocaine valued more than $1 billion.
Trade Deal Could Lift S&P 500 Past 3,200 Points, JPMorgan Says
An end to trade tensions between the U.S. and China will determine the future of the S&P 500, says JPMorgan.
JPMorgan Cuts Hundreds Of Jobs As Part Of Annual Staffing Review
Leading financial services firm JPMorgan Chase will cut hundreds of jobs in the Assets and Wealth management division following a staffing review.
US CEO Salary Is At $1M Monthly, Workers Only Make 0.38% Of That
U.S. CEOs are paid far too much while workers receive far too little.
2020 Election Looking Good For Trump As Poll Voters Think Economy Is Better
Despite the optimism of Democrats on the 2020 polls, President Donald Trump has a huge advantage. It is the feel-good factor of the American economy.
JPMorgan To Introduce First US Cryptocurrency Called ‘JPM Coin’
J.P. Morgan Chase & Co. will soon issue the "JPM Coin" in a move to transform the payments business.
JPMorgan Spreads Its Urban Development Money To Paris
JPMorgan Chase & Co (JPM.N), the biggest U.S. bank by assets, said on Sunday that it has selected impoverished areas around Paris as the first foreign focus of an urban economic development strategy it started four years ago in Detroit.
Morgan Stanley Gearing Up To Offer Bitcoin Swap Trading
Multinational investment bank Morgan Stanley is preparing to offer bitcoin swap trading to clients, allowing investors to gain exposure in digital currency without the need to own it.
JPMorgan's Dimon Backtracks After Saying He Could Beat Donald Trump
Jamie Dimon, CEO of JPMorgan Chase & Co (JPM.N), quickly backtracked on Wednesday morning from having said he could beat President Donald Trump in a campaign but not liberal Democrats.
US CEOs Warn Of Harm From Trump Administration's Immigration Policy
In the letter signed by 59 CEOs including Tim Cook of Apple Inc, JPMorgan Chase & Co's Jamie Dimon and Doug Parker of American Airlines, the executives said that many of their employees were now facing uncertainty due to issues such as "inconsistent immigration decisions."
Amazon Working On Internal Employee Health Clinics
Amazon is reportedly putting together internal health clinics for some of its employees in Seattle.
Chase Expands Cardless Access To Nearly All Its ATMs
The credit card company on Wednesday announced it has expanded cardless access to 15,000 of its ATM's nationwide.
Wells Fargo Finds Efficiency Target Elusive As Revenue Slips
With Wells Fargo & Co’s (WFC.N) revenue slumping and no clear end in sight for sales scandal-related costs, analysts have pushed back predictions for when the bank’s closely watched efficiency ratio will return to pre-scandal levels.
Stock Market Today: JP Morgan CEO Jamie Dimon Not Worried About Tech Stocks On Decline
The famed investor on Monday said he isn't concerned about declines in the technology sector.
Southwest Airlines Introduces New Credit Card Offering Perks For Passengers
The airliner announced on Thursday its new Chase card with several rewards for its passengers.
CFTC Orders JPMorgan To Pay $65 Million To Settle Swap Rate Manipulation Charge
JPMorgan Chase Bank will have to pay a $65 million civil penalty to settle charges that it attempted manipulating ISDAfix benchmark swap rates between 2007 and 2012, the U.S. Commodities Futures Trading Commission said on Monday.
Will Banks Be The Next Victims Of The Amazon Effect?
Is Amazon about to disrupt another industry, or does it have other motives?
Hospital Stocks Up, Insurance Stock Prices Drop After Amazon-Berkshire Hathaway-JPMorgan Announcement
Following the announcement of Amazon, Berkshire Hathaway and JPMorgan Chase forming an insurance company, health insurance stocks took a hit and hospital stocks got a bump.
What JPMorgan Chase CEO Jamie Dimon Has Said About Bitcoin
JPMorgan Chase CEO Jamie Dimon has long been a critic of Bitcoin, but has softened his view of the cryptocurrency recently.
Credit Stacker App Gamifies Financial Literacy
There's a fun way to learn about investing, taxes and budgets.
What Do The Big Banks Think Of Washington? To Find Out, Just Listen To Them
Talking to investors on their second-quarter earnings calls, Jamie Dimon railed against the “stupid shit we have to deal with,” while Citigroup CEO Corbat looked forward to having more “people in the seats” with power over bank regulation.
The US Economy And How Loans Are Putting Growth At Risk
Loan growth is slowing in the United States, which could impede economic growth.
How Much Do Companies Really Pay When Settling With The Government? Warren Pushes Bill That Make It Public
The Truth in Settlements Act has made its way through Congress before, but not without facing millions in lobbying efforts from business advocacy groups opposed to the bill.
What Will Trump Do About Wall Street? CEOs Ask White House To Reconsider Financial Regulations
Dodd-Frank was a frequent target of a Wednesday letter from a trade group representing CEOs from many of America's largest companies.
Will Trump Start A Recession? President Plans To Roll Back Dodd-Frank, DOL Fiduciary Rule With Help From Big Bank CEOs
The president's next executive order is on its way and advocates for financial regulation are not going to like it.
How Wall Street Firms Make Money From Donald Trump’s Prison Policy
If President-elect Donald Trump expands the use of private prisons, Wall Street banks will see a big payday.
Bank Of America (BAC) Quarterly Earnings Report: Bond Market Strong, Equities Down
Bank of America saw its highest quarterly profits in a decade, thanks to strong and stable fixed income markets and lower expenses for the three-month period ending in September.