JPMorgan Chase appoints two new CIOS in bid to make its C-suite more diverse

JPMorgan Chase appoints two new CIOS in bid to make its C-suite more diverse

By Christy Gren - May 10, 2021

JPMorgan Chase, the largest U.S. bank by assets, has appointed two new executives to head its information units in a bid to make its workforce more inclusive and increase racial an

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Major US banks report surge in profits for the quarter

Major US banks report surge in profits for the quarter

By Anna Domanska - Apr 16, 2021

Three major US banks —JPMorgan Chase & Co., Wells Fargo & Co. and Goldman Sachs Group Inc.—reported earnings results for the first quarter of 2021.

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JPMorgan earnings beat forecasts amid strengthening US economy

JPMorgan earnings beat forecasts amid strengthening US economy

By Anna Domanska - Apr 14, 2021

JPMorgan Chase, the largest bank in America by assets reported favorable results on Wednesday, beating analysts’ estimates on trading revenue. It is the first major bank to repor

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JPMorgan layoffs about 5000 jobs over the next years

JPMorgan layoffs about 5000 jobs over the next years

By Carrie Ann - May 29, 2015

On Thursday, New York-based banking company, JPMorgan Chase announced to cut about 5000 jobs over the next years, as the bank wants to close down its branches, and to decline its o

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Dudley Warns U.S. Banks to Curb Culture that Breeds Misdeeds or Be Broken Up

Dudley Warns U.S. Banks to Curb Culture that Breeds Misdeeds or Be Broken Up

By Anna Domanska - Oct 21, 2014

William C. Dudley, president of the Federal Reserve Bank of New York, has warned banks to change the way employees are compensated and to undertake a few more measures to fix their

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Fed Proposes Tougher “Capital Surcharge” for Lower Risk to Big Banks

Fed Proposes Tougher “Capital Surcharge” for Lower Risk to Big Banks

By Anna Domanska - Sep 10, 2014

The Federal Reserve plans to hit the biggest U.S. banks with a tougher version of capital surcharge than that agreed by international regulators, so they remain less of a “too bi

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