JPMorgan Acquisitions: America’s biggest bank goes on buying spree chasing growth
JPMorgan Chase has been on a buying spree this year, with more than 30 new acquisitions, both big and small. America’s biggest bank’s purchases include an online money manager
JPMorgan Chase appoints two new CIOS in bid to make its C-suite more diverse
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
Major US banks report surge in profits for the quarter
Three major US banks —JPMorgan Chase & Co., Wells Fargo & Co. and Goldman Sachs Group Inc.—reported earnings results for the first quarter of 2021.
JPMorgan earnings beat forecasts amid strengthening US economy
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
JPMorgan layoffs about 5000 jobs over the next years
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
Dudley Warns U.S. Banks to Curb Culture that Breeds Misdeeds or Be Broken Up
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
Fed Proposes Tougher “Capital Surcharge” for Lower Risk to Big Banks
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
