News Topic: JPMorgan Chase

By noon, JPMorgan sent out a statement from Chairman and CEO Jamie Dimon, backtracking completely. ... Read full article

Court gives securities regulators a victory on initial coin offerings; bank’s stock suffers its longest losing streak. ... Read full article

The nation's largest bank said Wednesday it is seeking proposals on ways to address economic inequality in local neighborhoods across the country. ... Read full article

Andrei Tyurin, a Russian citizen who is alleged to have performed key cyber-work in a hack of JPMorgan Chase and several other companies, was extradited to New York on Friday from the republic of Georgia. ... Read full article

Financial firms need to focus developer teams on creating products, not fixing legacy IT issues and bad code. ... Read full article

Credit unions historically have focused on laws that directly pertain to them, but in a break with that tradition, NAFCU is calling on Congress to re-introduce efforts to break up big banks. ... Read full article

Consultant and behavioral psychologist Wei Ke shares his view on the bank’s plan to offer free trading, and why competitors shouldn’t react too quickly. ... Read full article

JPMorgan Chase has reached a settlement with financial advisers who say they were treated poorly because they're black. ... Read full article

JPMorgan Chase, State Street, Wells Fargo, Citigroup and Bank of America decreased their holdings of tax-exempt bonds by nearly $16 billion in the first half of 2018, according to quarterly filings with the U.S. Securities and Exchange Commission. ... Read full article

Moody's Investors Service downgraded JPMorgan Chase's prime jumbo mortgage originator assessment to its second-highest rating, citing the bank's growing reliance on correspondents with delegated underwriting authority and shortcomings in its ... Read full article

Dozens of top U.S. business leaders including JPMorgan Chase's Jamie Dimon, Apple's Tim Cook and Pepsico's Indra Nooyi signed a letter expressing "serious concerns" about the Trump administration's immigration policy changes ... Read full article

BNY Mellon, JPMorgan and Bank of America are recruiting interns from Year Up, many of whom lack college degrees but are trained in high-demand fields such as cybersecurity and anti-money-laundering. ... Read full article

JPMorgan Chase, Citigroup and Goldman Sachs are among foreign lenders protesting a Russian central bank plan that would drastically reduce their ability to move funds from local units to their parent companies outside of Russia. ... Read full article

In a newly created role, Tony Sciarrino will oversee middle-market bankers in more than a dozen offices across California. ... Read full article

The funds have brought in record amounts thanks to lowered fees and more salespeople; ex-Goldman managing director says in suit he was blamed for trades. ... Read full article

The bank's $7 million over four years toward the initiative is its largest overseas philanthropic commitment. ... Read full article

They are disinclined to talk about it much yet, but the big three trust banks as well as JPMorgan and Goldman are said to be mulling custody services that would help shield wealthy bitcoin investors from theft. Here are the selling points and the risks. ... Read full article

JPMorgan Chase, SunTrust and PNC are pressuring outside counsel to get more women and minority lawyers to represent them in court even at the risk of alienating the big, traditional law firms that they have done business with for years. ... Read full article