JPMorgan Chase

Banks perform well despite falling interest rates; Berkshire wants more BofA

10/16/19

Third quarter profits at JPM, Wells Fargo and Citigroup got a boost from consumer banking; the company tells Fed it will remain a passive investor.

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JPMorgan finds a way out of economic maze. Can others?

10/15/19

Its quarterly results show lower rates and emerging credit risks can be overcome. Whether most banks have all the same levers to pull is another matter.

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JPMorgan felt barred from calming repo market by regulations

10/15/19

JPMorgan Chase had the cash and willingness to calm short-term funding markets when they went haywire in mid-September, but the banking giant said regulations held it back.

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Bank earnings season begins; more payments companies quit Facebook’s Libra

10/15/19

Consumer banking is expected to offset the banks’ underperforming Wall Street units; the defections of Visa, Mastercard and Stripe threaten the cyrpto project’s viability before it starts.

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Fed eases rules on big regionals; Deutsche denies it has Trump tax returns

10/11/19

Large banks will have less onerous capital rules and stress test requirements; the president’s main lender said it has other returns, but not the president’s.

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Big banks need to stop tinkering with gender pay-gap data

10/08/19

Investors expect banks to be honest and transparent about employee wages.

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WeWork problems highlight risks coworking poses for banks

10/07/19

The firm’s financial woes are mostly a result of overspending, but they have raised questions about how banks’ commercial real estate portfolios might fare if the coworking sector implodes.

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From rising star to center stage: JPMorgan Chase's Thasunda Duckett

10/02/19

When she was growing up, Thasunda Duckett's family used crates as furniture and struggled to buy groceries. Now she's become one of JPMorgan Chase's most visible executives, using the lessons of her past to help guide the company's massive branch expansion

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Goldman’s ‘money pit;’ lenders embrace small installment loans

09/30/19

Goldman’s consumer unit, Marcus, has so far lost $1.3 billion; big lenders like JPMorgan Chase and Amex are making loans for small-ticket items like clothes and cosmetics.

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Who's new to the Most Powerful Women ranking for 2019?

09/28/19

Nearly a third of the women in the annual ranking are new additions, the largest amount in years. Here's an overview of the changes. Plus, Citi's Corbat on its bold gender equity move, and Wells Fargo's less bold CEO decision.

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