JPMorgan CEO Jamie Dimon says another year of lockdowns aimed at slowing the spread of COVID-19 would deal a knockout blow to businesses reeling from the pandemic.
JPMorgan Chase & Co. reported third-quarter profit rose 4%, boosted by strong trading results as global markets recovered from their coronavirus-induced plunge.
The company plans to make a five-year, $30 billion commitment to advance racial equity.
JPMorgan Chase made headlines when it called some trading staff back to the office.
JPMorgan's $1 billion spoofing fine may be the largest on record.
Deutsche Bank set an office return date of July 2021 for its U.S. employees on Wednesday as banks struggle with whether to bring workers back to Manhattan.
White House trade adviser Peter Navarro said he'd prefer JPMorgan Chase CEO Jamie Dimon as New York City mayor over Bill de Blasio after Dimon called most of the bank's trading staff back to the office by Sept. 21 despite the coronavirus pandemic.
President Trump on Friday lauded JPMorgan and Chase for calling its top trading staff back to the office after months of remote work.
Sen. Marco Rubio on Thursday questioned JPMorgan Chase CEO Jamie Dimon after the nation's largest bank said some of its employees may have played a role in potential abuse a coronavirus relief programs intended to help small businesses weather the pandemic.
The New York Jobs CEO Council, which counts chief executives from 27 firms among its members, aims to hire 100,000 people from low-income Black, Latino and Asian communities by 2030.
Double-digit growth in stock and bond trading fueled the New York-based bank's revenue gains as investors nationwide moved money to safer assets and took advantage of market volatility.
It was Dimon’s first trip to meet employees since he underwent heart surgery in March.
On Friday, Jamie Dimon and Brian Lamb sent a memo to employees in response to the death of George Floyd.
While unemployment in the U.S. had dropped from a peak of 10 percent during the 2008 financial crisis to a 50-year low of 3.5 percent, economists say wage growth failed to keep pace.
Goldman Sachs has a much smaller place in Buffett's portfolio.
FOX Business' Charlie Gasparino says banks are reportedly gearing up for investigations and congressional hearings over the handling of the Paycheck Protection Program loans.
GraniteShares founder and CEO Will Rhind says in order to outperform the market in the long run, investors must make these specific tweaks to their portfolios.
In 1998, Jamie Dimon was forced out of his role as president of Citigroup. By 2005 he was the CEO of JPMorgan Chase.
White House economic adviser Larry Kudlow says he remains optimistic the U.S. economy will see a recovery by the third quarter.
FOX Business' Charlie Gasparino says Treasury Secretary Steven Mnuchin reportedly asked JPMorgan Chase CEO Jamie Dimon on ways to fix the Paycheck Protection Program so loans can be distributed to needy small businesses.