JPMorgan Chase

Morgan Stanley not satisfied; lawmakers demand more answers from Dimon

01/17/20

The investment bank is raising its return on equity target following a record earnings year; Democrat lawmakers say JPMorgan's response on racial discrimination questions was inadequate.

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Trump tax cut drives $32 billion to America’s top banks

01/16/20

Savings for the top six U.S. banks from President Donald Trump's signature tax overhaul accelerated last year, now topping $32 billion as the lenders curbed new borrowing, pared jobs and ramped up payouts to shareholders.

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Trump asks JPMorgan's Erdoes to say 'Thank you, Mr. President'

01/15/20

A smiling President Donald Trump thanked some of the biggest U.S. companies for about 10 minutes on Wednesday at the White House, where he was celebrating his trade deal with China. When it came to JPMorgan Chase, he asked for reciprocation.

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Bank Q4 earnings off to good start; Bitcoin rallies

01/15/20

JPM, Citi shrug off low rates as strong economy propels profits; digital currencies start year with gains as optimism about its future grows.

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How JPMorgan plans to keep the momentum going

01/14/20

The country's biggest bank is leaning more on fee income to offset rate pressures, expanding in selected U.S. cities and laying the groundwork for operations in China that CEO Jamie Dimon hopes will endure “for 100 years.”

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JPM’s boffo earnings; N.Y. Fed says cyberattack could be ‘devastating’

01/14/20

Bank beats estimates as earning soar 21%; a cyberattack on the American banking system could create havoc on financial stability.

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JPMorgan’s trading surge helps fuel most profitable year ever

01/14/20

Fueled by a rebound in trading, especially in fixed income, the company said profit jumped 21% in the fourth quarter, pushing annual earnings to a record $36.4 billion.

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JPMorgan puts senior credit trader on leave over WhatsApp use

01/13/20

WhatsApp may be a great way to communicate with friends, but when Wall Streeters touch it, their firms get very nervous.

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11 bankers and disruptors to watch in 2020

01/12/20

Can Charlie Scharf fix what ails Wells Fargo? How will Kelly King and Bill Rogers manage the integration of the biggest bank merger since the early 2000s? And will New Jersey Gov. Phil Murphy be able to beat back opposition from the banking industry and make good on his promise to create a state-owned bank? Here are 11 leaders to keep an eye on in 2020.

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Banks’ record-breaking earnings streak has probably peaked

01/10/20

Estimates for 2020 are for a combined profit drop of $10 billion as global interest rates remain stubbornly low and geopolitical tensions stay high.

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