JPMorgan Chase

JPMorgan expects to keep offices half full after lockdown ends

05/20/20

Some staff will be sitting at different desks, and in some cases different floors, when they return to work, according to the memo sent to employees Wednesday.

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Santander reaches auto loan settlement; OCC’s Otting to Step down

05/20/20

One of the biggest subprime auto lenders agreed to pay $550 million to settle predatory lending charges; the bank regulator has largely completed his goal of overhauling the Community Reinvestment Act.

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JPMorgan's Dimon has no plans to retire following heart surgery

05/19/20

Ten weeks after his emergency procedure, the longtime CEO told shareholders Tuesday that he's in good health and will not be stepping down anytime soon.

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Jamie Dimon says virus is a wake-up call to address inequalities

05/19/20

The JPMorgan Chase CEO said he hopes policymakers use the COVID-19 crisis as a catalyst to rebuild a more inclusive economy as the pandemic exposes stark inequalities among Americans.

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Survey: minorities slighted by PPP; Fed official to banks: Relax

05/19/20

Black and Latino business owners were less likely to get loans than overall borrowers, survey states; Atlanta Fed president tells lenders they won’t be second-guessed if they do right by borrowers.

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JPMorgan says benefit of negative U.S. rate might outweigh costs

05/13/20

A negative Federal Reserve policy rate is still improbable, but if it were to happen it could be a net benefit, according to a note from JPMorgan Chase.

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JPMorgan to offer banking to crypto exchanges; news services sue SBA

05/13/20

The move is the first time the bank has provided services to digital currency players; the Washington Post and four other heavy hitters want details on PPP and small business disaster loan programs.

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Old-school email could help midize banks close digital gap

05/06/20

Regional and midsize banks, which continue to trail the biggest banks in digital engagement, could attract younger consumers by reaching out with more advice about financial basics, according to J.D. Power.

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Wells Fargo stops accepting home equity credit line applications

04/30/20

Wells Fargo will temporarily stop accepting applications for home equity lines of credit, following a similar move by rival JPMorgan Chase.

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JPMorgan Chase sent 225,000 small-business applications this week

04/30/20

Submissions total about $17.8 billion in requested funding for the second round of the Paycheck Protection Program, with an average loan size of $81,000.

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