JPMorgan Chase

The payments division of the country's largest bank posted $4.9 billion in revenue in the third quarter as transaction volumes in merchant services outpaced volume in 2024.

JPMorganChase CEO Jamie Dimon said that his bank can improve its procedures to guard against fraud.

The $4.6 trillion-asset company's report comes after it committed to funneling $1.5 trillion into industries deemed important to national security.

JPMorgan estimates the effort, which will ramp up the amount of capital, resources and personnel that it dedicates to a variety of sectors, such as rare earth minerals, pharmaceutical precursors and robotics, will add as much as $500 billion to what it would've provided anyway.

Aiyengar discusses the dynamics of today's market and the challenges and opportunities of her role.

The Most Powerful Women in Banking, No. 3, Marianne Lake, JPMorganChase

Friedman who became JPMorganChase's top lawyer in 2016, said it's important to separate out what's important from the daily noise swirling around.

Heitsenrether has been leading the charge on deployment of advanced AI throughout the bank.

On Beer's radar: AI, quantum computing, concentration risk

Piepszak kicked off the year stepping into the chief operating officer position, but she's taken herself out of the running for CEO.

The globe-trotting exec, known for her relationship and financial-structuring skills, is betting that AI and other initiatives can help grow client totals by 50% over the next five years.

Despite a schedule that always has her in the air and on the road, Aiyengar always makes time to meet with the bank's employees.

Prosecutors had asked the judge for a stiff sentence, saying that Javice committed a "brazen fraud" when she convinced JPMorgan to pay far more for her company than it was worth.

The self-described strong-willed kid who never wanted to be told what to do has carved out a career placing big bets and giving 'no' for an answer.

The megabank will continue its international retail strategy by opening business in Germany next year, starting by offering savings accounts to consumers.

The bank and Chinese technology giant are speeding transaction processing for business payments, Airwallex makes a deal to bolster its payments tech and more in the American Banker global payments and fintech roundup.

The payment company claims the bank is trying to "take advantage" of uncertainty around open banking regulations.

The card brand is reportedly focusing on other markets amid uncertainty in U.S. regulations and as banks consider fees for data sharing.

Visa Inc. shut its open-banking business in the US amid regulatory uncertainty about consumer-data rights and the prospect of higher fees for customer information, according to people familiar with the matter.

Citigroup's new treasury partnership with Payoneer and JPMorganChase's deposit token are pressuring banks to quickly come up with a "vision," according to payment experts.