JPMorgan Chase

U.S. Bank joins banks investing in workforce assistance programs

09/26/19

The Minneapolis bank said it will provide $8.2 million in grants to nonprofits that arm potential workers with cutting-edge skills and promote small-business growth. Banks say the investments will help them and their commercial customers close the skills gap.

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Why Frost Bank is building and not buying in Houston

09/25/19

The once-acquisitive company is not interested in a "roll-up strategy" in Texas's biggest city, said CEO Phil Green. In a Q&A, he also explained why loan competition is intensifying and what's really keeping business customers up at night.

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Dimon’s role in WeWork IPO fiasco; Freddie tests underwriting software

09/25/19

JPMorgan, which led the offering, may have “enabled” the startup’s questionable behavior; the system may enable more people to get approved for mortgages.

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Banks counting on GSE reform to stop mortgage share erosion

09/24/19

While no one is suggesting that the plan will help banks regain the share they've ceded to nonbanks, bankers believe that stabilizing Fannie Mae and Freddie Mac could at least help them keep what they have.

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JPMorgan donates $25M to get fintech in hands of underbanked

09/24/19

It is the bank’s second big gift to the nonprofit Financial Health Network in recent years, with this one earmarked for a financial solutions lab.

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Streamlined Volcker Rule could encourage some banks to take bigger risks

09/23/19

The revised trading rule is seen as a credit negative for banking industry.

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JPMorgan Chase's Mary Callahan Erdoes: The Most Powerful Woman in Finance

09/22/19

A decade into her role as head of JPMorgan Chase's asset management arm, Erdoes continues to deliver strong results for the nation's largest banking company.

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Why Wells Fargo is jumping on the digital currency bandwagon

09/17/19

It's not a reaction to JPM Coin, the banks says, but a way to speed up international payments for corporate clients.

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Wells Fargo’s Digital Cash plants seeds for bigger blockchain opportunities

09/17/19

Giants like Facebook, JPMorgan Chase and Walmart are all pushing blockchain for myriad use cases, and now Wells Fargo has joined the fray with its own spin on the distributed ledger technology.

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JPMorgan inherited ‘spoof’ method from Bear Stearns, U.S. says

09/16/19

U.S. prosecutors have accused three JPMorgan traders of rigging futures trades in precious metals for nearly a decade, making millions of dollars for the bank at the expense of counterparties that included the bank’s own clients.

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