JPMorgan Chase

Money-laundering report alleges banks profited by aiding criminals

09/20/20

A new investigation by the International Consortium of Investigative Journalists says JPMorgan Chase, Deutsche Bank and several other global institutions kept moving illicit funds after receiving warnings from U.S. officials.

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‘Flat to slightly down’: 3Q loan demand disappoints

09/17/20

Banks reported decent loan growth in the spring and early summer as businesses rushed to draw down credit lines and tap the Paycheck Protection Program. But demand has been muted since, and bankers can only guess when it will pick back up.

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Bank job cuts expected to top 60,000 globally in 2020

09/16/20

Led by HSBC, European banks account for the largest share of the announced reductions, according to a Bloomberg analysis.

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JPMorgan, BofA cut interest-income outlook amid jump in trading

09/15/20

The two biggest U.S. banks trimmed expectations for net interest income as low rates and tepid loan growth weigh on revenue.

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JPMorgan adds consumer bank CEO Duckett to leadership team

09/15/20

JPMorgan Chase added a half dozen executives, including Thasunda Brown Duckett, to its operating committee in the biggest expansion of its top leadership group in years.

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Jamie Dimon sees long-term damage if people don’t get back to work

09/15/20

JPMorgan Chase's CEO says he fears productivity is slipping and that workers, particularly younger ones, are feeling alienated.

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Banks are stepping up tech for people with disabilities

09/11/20

U.S. Bank and Regions revamped their apps with accessibility in mind; JPMorgan Chase built a branch for customers who are deaf. Such efforts can help banks appeal to more customers in existing markets.

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How Colleen Taylor created new rungs in her long payments career

09/10/20

In her steady advance up the payments industry career ladder, Colleen Taylor has pursued a consistent theme of taking on challenging roles at pivotal moments, which has propelled her trajectory.

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JPMorgan tells senior traders to restaff offices by Sept. 21

09/10/20

The new order is the strongest move yet by a U.S. bank to require employees to return to the workplace.

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JPMorgan finds some workers improperly pocketed COVID relief funds

09/09/20

The bank discovered the actions, all of which were tied to the SBA's Economic Injury Disaster Loan program, after noticing that suspicious amounts of money had been deposited into checking accounts owned by bank employees, according to a person with knowledge of the matter.

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