JPMorgan donates $1M to charities helping furloughed government workers
The New York company will also match donations made by its employees to Feeding America and United Way Worldwide. ... Read full article
The New York company will also match donations made by its employees to Feeding America and United Way Worldwide. ... Read full article
Leaders of the biggest U.S. banks don’t see 2018’s wild ending as reason enough for the Federal Reserve to reverse course. ... Read full article
Dimon’s pay package included $24.5 million of restricted stock tied to performance, an annual base salary of $1.5 million and a $5 million cash bonus. ... Read full article
JPMorgan Chase Chief Executive Jamie Dimon said he thinks a hard Brexit is unlikely but would be a "disaster" if it happened. ... Read full article
Loans grew 6% at JPMorgan Chase, but the bank is "not going to be stupid" and assume that will last forever, its CEO says. Here are some precautionary steps it's taking. ... Read full article
The bank, which plans to host an investor day next month, didn’t provide any annual targets for 2019. The company said it expects net interest income to be little changed in the first quarter. ... Read full article
Housing and auto sales are just the first sectors to feel pain from rising rates; BlackRock may have identified its next CEO. ... Read full article
Linda Lacewell replaces Maria Vullo as New York’s chief financial regulator; the Swiss bank is reportedly talking to Christian Meissner about a senior role. ... Read full article
Loans to house flippers dropped 11% in the third quarter, indicating "possible turbulence;" the German bank may have allowed some clients to claim tax credits on stock they didn't own. ... Read full article
Berkshire Hathaway plowed $13 billion into bank stocks in the third quarter that included new investments in JPMorgan and PNC and additional investments in Bank of America and Goldman Sachs. ... Read full article
The activist investor butted heads with Warren Buffett and Henry Paulson, but had nothing but praise for Jamie Dimon. ... Read full article
Under the Obama administration, the OCC quietly prevented JPMorgan Chase from opening branches in new states as punishment for violating banking rules, according to sources. ... Read full article
The chief executive officers of HSBC and Credit Suisse became the latest top bankers to abandon an investment conference in Saudi Arabia as pressure grows on the kingdom amid allegations it killed a dissident journalist. ... Read full article
BofA hasn’t taken advantage of the benefits of owning Merrill Lynch; weakness seen despite stronger bank earnings. ... Read full article
Treasury Secretary Steven Mnuchin is facing calls to skip the conference as well. ... Read full article
Laplanche agrees to a three-year securities industry ban and a small fine to settle SEC fraud charges on loan sales; analysts are expecting a "tepid" quarter as some trading activity suffers. ... Read full article
Readers parse JPMorgan Chase CEO Jamie Dimon's latest public comments, debate a California small-lending bill, weigh the impact of open banking and more. ... Read full article
JPMorgan Chase's chief says it will likely take time for women to make up 10% to 15% of CEOs at S&P 500 companies. ... Read full article
Large retailers want the right to reject rewards cards at the point of sale to avoid higher swipe fees; Germany's financial regulator appoints an auditor to monitor the Deutsche Bank's progress. ... Read full article
JPMorgan's chief cautioned against expanded regulation for big companies, arguing that businesses contribute to the economy. ... Read full article