JPMorgan Chase
JPMorgan Chase is one of the largest and most complex financial institutions in the United States, with nearly $4 trillion in assets. It is organized into four major segmentsconsumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management.
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The nation’s largest bank is ordering workers to fill out a questionnaire on their vaccination status by the end of this month, CEO Jamie Dimon and other members of the operating committee wrote in a memo to staff Wednesday.
June 24 -
The nation’s largest bank has no retail presence outside of the U.S., but that will change later this year when it launches an online-only bank in the United Kingdom. CEO Jamie Dimon has hinted that if the venture proves successful, the Chase brand could eventually be rolled out in other parts of the world.
June 24 -
Bank of America joined JPMorgan Chase and Wells Fargo in making Juneteenth a bank holiday starting next year after President Biden signed the June 19 federal holiday into law to commemorate the end of slavery in the U.S.
June 18 -
Goldman Sachs Group and JPMorgan Chase are ditching safeguards on credit lines to CLO managers, to defend their market share as arrangers in the lucrative business.
June 17 -
The move is part of an effort by the largest U.S.-based bank to bring more of its digital banking services to other countries.
June 17 -
Wall Street’s pandemic-era trading boom could be drawing to a close, with JPMorgan Chase CEO Jamie Dimon signaling a 38% decline in trading revenue from a year ago — a bigger drop than previously expected.
June 14 -
The company is making many employees sift through years of text messages on personal devices and set aside any related to work to ensure U.S. rules on keeping copies of business communications are met even after many months of remote work, according to people with knowledge of the situation.
June 11 -
Amazon.com is fielding bids to replace JPMorgan Chase as the issuer on its popular co-brand credit card as a fresh wave of competition for new card customers emerges.
June 9 -
JPMorgan Chase hired executives from Goldman Sachs Group and Wells Fargo to run a new arm focused on growth-equity investing and direct lending, as it seeks to give clients exposure to companies before they go public.
June 7 -
As stores that went online-only start to reopen their physical locations, JPMorgan Chase is looking to bolster its position among European merchants by adding software from ACI Worldwide that's designed to support payments across multiple channels.
May 25 -
The bank is launching a business called Morgan Health aimed at improving employee benefits and promoting health equity, first for JPMorgan’s workers and then for other large companies.
May 20 -
Share buyback programs, shelved by many banks last year amid pressure from regulators to preserve capital, are back in vogue, with three dozen banks announcing such plans in April alone.
May 18 -
The consumer and community banking unit of the nation's largest bank will be run by Jennifer Piepszak and Marianne Lake, two would-be contenders for the CEO role when Jamie Dimon retires. The company also named a new chief financial officer.
May 18 -
For JPMorgan Chase, it’s another step toward post-pandemic normal, but for the U.S. financial industry it’s a bellwether.
May 17 -
JPMorgan Chase is picking off another executive from Goldman Sachs Group’s digital bank amid a slew of senior defections from the Marcus unit.
May 14 -
The Central Bank of Bahrain is collaborating with JPMorgan and Bahrain-based Bank ABC to test using digital currency to speed up cross-border payments.
May 13 -
JPMorgan Chase, the biggest funder of fossil-fuel companies globally, is pledging a 35% reduction in “operational carbon intensity” for its oil and gas portfolio by the end of this decade.
May 13 -
Zoom meetings may never go away, but in the fiercely competitive world of high finance, visits to faraway clients are starting to stage a rapid comeback.
May 11 -
Malaysia’s 1MDB and a former unit have filed suits against firms including JPMorgan Chase and Deutsche Bank as the nation seeks to recover assets worth more than $23 billion linked to the scandal-plagued state-owned investment fund.
May 10 -
JPMorgan Chase was warned by its compliance team over the “great risk” of corruption just days before it made the last of three transfers that totaled $875 million to a former Nigerian oil minister.
May 7