JPMorgan Chase

JPMorgan Chase creates investment product for Black-owned banks


The product — a special class of shares in JPMorgan's Empower money market fund — will initially be distributed by the Harbor Bank of Maryland, Liberty Bank & Trust, M&F Bank and Unity National Bank, according to a statement.


Banks' latest green battle: Plastics pollution


Still under fire for financing oil-and-gas exploration, banks are now being criticized for bankrolling producers of the single-use bottles and wrappers that are piling up in landfills and waterways. How will they respond to the mounting pressure from environmentalists?


Big banks, Big Tech face off over swipe fees


A showdown between megabanks such as JPMorgan Chase and the likes of Apple and PayPal could be the prelude to a broader fight.


JPMorgan plans retail bank expansion abroad with U.K. foray


The bank will start with a mobile checking account for U.K. customers this year, followed by a full slate of products that could include credit cards, mortgages and car loans.


BofA, Chase, Wells Fargo pilot service to rein in screen scraping


The three banks have joined others in a program endorsed by The Clearing House that aims to make data-sharing agreements with aggregators like Plaid and Finicity work more effectively.


Jamie Dimon's pay kept steady at $31.5 million for 2020


The JPMorgan Chase CEO's total compensation went unchanged at $31.5 million for his work in 2020, a year in which a global pandemic roiled the economy and caused banks to set aside billions to cover future bad loans.


Fintechs competing unfairly with banks, Dimon says


JPMorgan Chase CEO Jamie Dimon fired a warning shot Friday at financial technology upstarts such as Chime and Plaid.


JPMorgan Chase releases $3 billion of credit reserves, beats profit estimates


Strong trading and investment banking fees also contributed to a 42% increase in profit to $12.1 billion in the fourth quarter.


Jamie Dimon says JPMorgan paused PAC giving to rethink its donations


Jamie Dimon said the reason JPMorgan Chase paused donations from its political action committee is to give the biggest U.S. bank time to reevaluate how it contributes to campaigns following last week's deadly siege on the Capitol.


Citigroup, JPMorgan pause political donations in wake of D.C. riots


The actions follow earlier announcements from Marriott International, Blue Cross Blue Shield and Commerce Bancshares, which said they are suspending financial support for all lawmakers who voted against certifying Joe Biden's election as president.