Banking

It was Dimon’s first trip to meet employees since he underwent heart surgery in March.

The novel coronavirus has disproportionately hit African-American communities.

Small business owners have cited confusion and uncertainty around the forgiveness process.

Loans to companies in these sectors make up roughly 10 percent of the bank’s overall corporate lending.

The Securities and Exchange Commission charged Morgan Stanley with providing misleading information to clients in its retail wrap fee programs regarding trade execution services and transaction costs.

Most large banks in the nation reported slightly lower common equity tier 1 ratios, a key measure of their financial strength.

The disclosures come just a few weeks after the bank, along with three other major banks, was sued.

Many bankers are finding they can do their jobs without the cost of frequent flying or time wasted in airports thanks to videoconferencing and other technology that has become ubiquitous during the lockdowns resulting from coronavirus pandemic.

Officers said there was a greater demand for business loans from medium and large firms.

The bank will release full details of its earnings results on Wednesday as scheduled.

In 1998, Jamie Dimon was forced out of his role as president of Citigroup. By 2005 he was the CEO of JPMorgan Chase.

There were more than 1.7 million loans approved in the first round of the program

Ten of the world's largest banks, including JPMorgan Chase (NYSE:JPM) and Bank of America, have been sued for allegedly conspiring over nearly 14 years to rig prices in the $9.6 trillion U.S. corporate bond market, costing ordinary investors billions of dollars.

In an op-ed, Minneapolis Federal Reserve Bank President, Neel Kashkari, said that raising that amount from private investors today would ensure that large banks can support the economy over a broad range of virus scenarios.

Thousands are checking their accounts for any updates as to the deposit of their new coronavirus stimulus checks

The change highlights how banks are quickly shifting gears to respond to the darkening U.S. economic outlook.

The investment bank's chief said he began experience flu-like symptoms in mid-March and later tested positive for the disease.

To help customers in the midst of the coronavirus pandemic, the nation's largest bank introduced measures like waivers for late fees and a 90-day grace period for mortgage payments

The Federal Deposit Insurance Corporation announced late Friday the closing of the First State Bank, based in Barboursville, West Virginia.

The company joins several banks and other brands helping employees.