In Italy, JP Morgan Chase's master plan to save Monte dei Paschi continues to flounder as investors show zero appetite for more MPS capital. In fact, expectations are so low that rumors have already began surfacing that an alternative plan, under the aegis of Italy's former Industry Minister and senior banker Corrado Passera, is now in the works. Show More Summary
President Obama carries the JP Morgan Select Card. You cannot apply directly for this card any longer. When it was available it was basically a Chase Sapphire Preferred card without double miles on dining, or a signup bonus. The card...Show More Summary
Recently JPMorgan Chase & Co. reached a settlement with Indiana securities regulators related to its asset management business. The firm agreed to pay $950,000 to settle claims that the bank failed to disclose conflicts of interest to wealthy clients. The Indiana settlement involved JPMorgan’s failure between 2008 and 2014 to [...]
Fast, decentralized, and secure, the distributed ledger system known as a blockchain is taking the financial world by storm. Even global financial powerhouse JP Morgan Chase & Co. has taken notice: Blockchain is becoming a C-suite issue. Show More Summary
JP Morgan Chase is raising it’s internal minimum wage from $10.70 per hour to $12.00 per hour. Jamie chief executive of JPMorgan Chase, writes in the New York Times: A pay increase is the right thing to do. Wages for many Americans have gone nowhere for too long. Many employees who will receive this increase work as […]
J.P. Morgan Chase CEO Jamie Dimon wrote in the New York Times that over the next three years the bank will raise its minimum salary of $10.15 an hour to between $12 and $16.50 an hour
In a TMFS sketch, the lack of credible living wills for too-big-to-fail banks, including Bank Of America, Goldman Sachs, Morgan Stanley, JP Morgan Chase, is defended by a hedge fund executive. -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.
Guy Chiarello has been a towering figure at the intersection between financial services and technology for multiple decades. He foresaw the power of digital business as Chief Information Officer of JP Morgan Chase before digital was the term of art or a departmentwithin corporations. He and his team there were [...]
The JP Morgan Chase CEO dedicated a page of his annual shareholder letter to data security, taking aim at third parties he says are misusing consumer trust. At the end of the day who gets to decide: Wall Street, Silicon Valley or yo...
Citing tough economic conditions, JP Morgan Chase is reporting a 17 percent drop in overall revenue during the first quarter of this year compared to last year during the same time.
RIO DE JANEIRO (Reuters) - Investment firm Blackstone Group LP hired advisers from JP Morgan Chase & Co. to consider acquiring a controlling stake in Brazilian shopping mall operator BR Malls Participacoes SA, a newspaper reported on Sunday. Show More Summary
Between Bernie Sanders and Elizabeth Warren, we’ve heard a lot about the corruption on Wall Street. But, if you want to understand exactly what happened and why, read JPMadoff: The Unholy Alliance Between America’s Biggest Bank and America’s Biggest Crook.
Submitted by Jack Salmon via The Foundation for Economic Education, A new report from JP Morgan Chase & Co. finds that the summer employment rate for teenagers is nearing a record low at 34 percent. The report surveyed 15 US cities and...Show More Summary
JP Morgan Chase Research Institute's study Paychecks, Paydays, and the Online Platform Economy uses a random sample of 1 million bank accounts to analyze workers participation in the on-demand economy. According to the study, nearly 1% of U.S. adults earned...
JPMorgan Chase & Co joins other Wall Street banks in telling its bankers to improve their work-life balance by taking weekends off. ||| New York - JPMorgan Chase & Co has joined other Wall Street banks in telling its investment bankers...Show More Summary
Bitcoin mining firm Genesis Mining, Inc. has launched a […]
Rams owner Stan Kroenke is planning to borrow about $1 billion from JP Morgan Chase & Co. to help fund the proposed Inglewood stadium, which could cost nearly $3 billion. A person familiar with the transaction, which is not final, confirmed it to The Times on Tuesday but asked not to be identified....
Jamie Dimon, JP Morgan Chase Brian T. Moynihan, Bank of America Michael Corbat, Citigroup Gentlemen: On Friday, I attended a digital money summit at the Consumer Electronics Show. I am writing to you to warn you about the disruption that is about to occur in banking. Show More Summary
(Reuters) - JP Morgan Chase & Co's brokerage unit will pay $4 million to settle allegations it misled customers about the form of compensation it paid to brokers, the U.S. Securities and Exchange Commission said on Wednesday. The case...Show More Summary
Two personal bankers at a JP Morgan Chase branch in Bed-Stuy have been indicted in Brooklyn Supreme Court, along with two other co-defendants, for allegedly stealing about $400,000 from the accounts of fifteen elderly and deceased clients. [ more › ]