Jamie Dimon

Coffee, sculptures and financial advice. Banks try to make new branches less intimidating

After years of closing or mostly neglecting physical bank branches across the U.S., the nation’s largest banks are spending hundreds of millions of dollars on refurbishing old locations or building new ones, and in the process changing the look, feel and purpose of the local bank branch.

JPMorgan’s Dimon hopes for soft landing for US economy but says stagflation is a possible scenario

Big banks warn of uncertain year ahead after mixed financial performances in the first quarter

JPMorgan’s Dimon warns inflation, political polarization and wars are creating risks not seen since WWII

CEOs of the nation’s biggest banks warn that new regulations could harm the economy

More News

Taiwan Semi, Spirit Airlines rise; Paramount Global, Occidental Petroleum fall, Monday, 4/8/2024

Stocks that traded heavily or had substantial price changes on Monday: Taiwan Semi, Spirit Airlines rise; Paramount Global, Occidental Petroleum fall

Another first for JPMorgan CEO Jamie Dimon, selling shares of the bank he’s run for nearly 2 decades

JPMorgan Chairman and CEO Jamie Dimon and his family are planning to sell 1 million shares of the bank starting next year, according to a regulatory filing.

JPMorgan profit jumps 35%, but CEO says geopolitics and gov’t inaction have led to ‘dangerous time’

JPMorgan Chase’s third-quarter profit soared 35% from last year, fueled by a rapid rise in interest rates, but the bank’s CEO, Jamie Dimon, issued a sobering statement about the current state of world affairs and economic instability.

JPMorgan CEO Jamie Dimon says he never heard of Jeffrey Epstein until after his 2019 arrest

JPMorgan CEO Jamie Dimon says he never heard of Jeffrey Epstein until his 2019 arrest. Dimon made the revelation during a videotaped deposition Friday in connection with lawsuits filed against the nation’s largest bank.

Dimon: Bank rules should change after Silicon Valley Bank

JPMorgan’s Jamie Dimon is telling investors that government and banks should work to adjust industry regulations following the collapse of Silicon Valley Bank and Signature Bank last month.

Guest lineups for the Sunday news shows

Guest lineups for the Sunday news shows

JPMorgan profits fall; bank stores cash for coming downturn

JPMorgan Chase & Co.’s third quarter profits fell by 17% from a year earlier, as the bank set aside roughly a billion dollars to cover potential losses in what CEO Jamie Dimon has said a could be a recession in six to nine months.

Bank CEOs questioned on consumer protections, social issues

The CEOs of the nation’s biggest banks returned to Capitol Hill for a second day Thursday, and Senate Democrats strongly urged them to do more to help and protect their customers, while Republicans questioned whether banks should weigh in on hot-button social issues.

Bank CEOs warn that US economy faces ‘daunting’ challenges

The CEOs of the nation’s biggest banks have appeared in front of Congress and given a dim view of the U.S. economy, reflecting the financial and economic distress many Americans are facing.

JPMorgan 2Q profit drops; CEO warns of economic challenges

Profits at JPMorgan Chase fell by 28% in the second quarter, as the bank tries to navigate an economy that’s showing strength in many areas but losing steam as interest rates continue to rise.

How major US stock indexes fared Wednesday 7/14/2022

Wall Street closed lower Thursday and banks were among the biggest weights on the market following weak earnings and a warning from JPMorgan Chase.

JPMorgan profits drop 42%, bank writes down Russian assets

JPMorgan Chase said its first quarter profits dropped by 42% from last year, partly because the bank had to write down nearly $1.5 billion in assets due to higher inflation and Russia’s war in Ukraine.

JPMorgan’s Dimon warns of myriad issues for economy, bank

Jamie Dimon laid out a laundry list of big risks looming for the global and U.S. economy in his annual letter to JPMorgan Chase shareholders on Monday.

Hong Kong loses shine amid tough coronavirus restrictions

HONG KONG (AP) — The bustling, cosmopolitan business hub of Hong Kong may be losing its shine among foreign companies and expatriates with its stringent anti-pandemic rules requiring up to 21 days of quarantine for new arrivals.

JPMorgan’s Dimon regrets joke about Chinese Communist Party

NEW YORK (AP) — JPMorgan Chase CEO Jamie Dimon said Friday that “he truly regrets” a quip he made this week about JPMorgan outlasting the Chinese Communist Party.

Louisiana bars banking giant from bond deal over gun policy

BATON ROUGE, La. (AP) — Louisiana officials Thursday blocked banking giant JP Morgan Chase from participating in a bond refinancing deal, in Republicans’ escalating effort to keep some large investment firms sidelined from state work because they limit business with firearm manufacturers.

JPMorgan elevates 2 women to run bank’s biggest division

JPMorgan Chase will promote two women to jointly manage the bank’s consumer finance division, potentially signaling that a woman may eventually run the nation’s biggest bank.

JPMorgan puts $30B toward fixing banking’s ‘systemic racism’

CHARLOTTE, N.C. (AP) — JPMorgan Chase said Thursday it will extend billions in loans to Black and Latino homebuyers and small business owners in an expanded effort toward fixing what the bank calls “systemic racism” in the country’s economic system.

The Latest: More executives pulling out of Saudi conference

DUBAI, United Arab Emirates (AP) — The Latest on the disappearance of a Saudi writer who Turkish officials fear was killed inside the Saudi Consulate in Istanbul (all times local):

Trump scoffs at ‘nervous mess’ Dimon, says he’s not smart

Really.

JPMorgan awarded CEO Jamie Dimon $11.8M last year

LOS ANGELES (AP) — JPMorgan Chase & Co. Chairman and CEO Jamie Dimon’s total compensation fell 37 percent last year to $11.8 million as the nation’s largest investment bank grappled with billions in legal costs and fines.