JPMorgan Chase

Crapo presses banks to keep serving 'politically disfavored' industries

03/27/19

Letters to eight bank CEOs from the Idaho senator were a rebuttal to calls by some Democrats for financial institutions to cut ties with firearms manufacturers, prison companies and others.

[more]

JPMorgan's clampdown on data puts Silicon Valley apps on alert

03/26/19

Long-simmering tensions between the financial industry and Silicon Valley startups are erupting behind-the-scenes into a battle over the reams of valuable data held inside Americans' bank accounts.

[more]

JPMorgan said to push 300 to leave U.K. for no-deal Brexit

03/25/19

JPMorgan Chase is pushing about 300 London-based investment banking staff to sign fresh contracts confirming they'll leave the U.K. in the event of a no-deal Brexit, people familiar with the matter said.

[more]

Pennsylvania says big banks fixed GSE bond prices

03/22/19

In the second lawsuit of its kind, more than a dozen of the world's largest banks are accused of price fixing on roughly $486 billion of bonds issued by Fannie Mae and Freddie Mac.

[more]

High rates alone won't make direct banks' customers happy, study says

03/21/19

J.D. Power found that customers who have a variety of accounts with an online-only bank are far more satisfied than those with just checking or savings accounts.

[more]

In C&I, a widening gap between small and large banks

03/21/19

Simple math only partly explains why smaller lenders are adding commercial and industrial loans at a faster clip than their larger counterparts.

[more]

World's top banks increased fossil-fuel financing in 2018

03/20/19

U.S. banks accounted for nearly 40% of the financing worldwide to such firms, according to a report by Rainforest Action Network.

[more]

JPMorgan commits $350M to job training programs

03/18/19

JPMorgan Chase said it wants to improve training for technology-related jobs and help community college programs. The five-year initiative is one of several the company has announced in recent years in the name of community development.

[more]

BB&T-SunTrust back story, Citi and JPM vs. fintechs, CECL trouble: Top stories of the week

03/15/19

BB&T-SunTrust deal came together with remarkable speed; Citi and Chase take on fintechs at their own game; CECL spells trouble for small banks, consumers; and more from this week’s most-read stories.

[more]

Dimon says European banks need cross-border mergers to compete

03/14/19

European banks need to look beyond their home countries for mergers in order to tap the region's full economic power and become more competitive, JPMorgan Chase Chief Executive Jamie Dimon said.

[more]