Another potential successor, Marianne Lake, is leaving JPMorgan, as the longstanding chief executive enters his third decade atop the bank.
Category: JPMorgan Chase & Company
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Marianne Lake, a Potential Dimon Successor, Leaves JPMorgan
The New York Times – Business: -
The Banks That Won a Piece of SpaceX’s Colossal I.P.O.
The New York Times – Business:Across Wall Street, bankers have been clamoring to lead what is expected to be the biggest-ever initial public offering.
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A FOMO Moment for Mythos
The New York Times – Business:Those without access to Anthropic’s artificial intelligence model worry they’re more vulnerable to cyber attacks, a concern the company is seeking to address.
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Mamdani, the ‘Tax-the-Rich’ Mayor, Meets With Titans of Finance
The New York Times – Business:Mayor Zohran Mamdani, who has angered some corporate executives with his tax policies, has had a recent series of meetings with top business leaders.
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JPMorgan Tried to Settle Harassment Accusations Against Executive
The New York Times – Business:The bank offered $1 million before a former employee filed a lawsuit against a woman who was an executive director on his team, two people briefed on the matter said.
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A.I. Is Eliminating Jobs on Wall Street
The New York Times – Business:“A.I. gives us places to go we haven’t gone,” said one bank’s chief executive.
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J.P. Morgan Sees Resiliency in U.S. Economy Despite Iran War
The New York Times – Business:The nation’s largest bank said it earned record trading profits in the first quarter but tempered expectations overall for its business.
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Bessent and Powell’s A.I. Anxiety
The New York Times – Business:The Treasury secretary and the Fed chairman reportedly summoned banking leaders to discuss the potential systemic risks of Anthropic’s new model.
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Jamie Dimon Cites Risks From War, Private Credit, Inflation and More
The New York Times – Business:In his annual letter to shareholders, Jamie Dimon, the chief executive of JPMorgan Chase, said investors and businesses faced a series of challenges.
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JPMorgan Admits to Debanking Trump After Jan. 6 Capitol Attacks
The New York Times – Business:Nation’s largest bank, in response to a lawsuit filed by the president, confirmed his longstanding complaint about “debanking.”
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A Municipal Debt Boom Is Driving Public Projects and Tax Breaks for Investors
Municipal debt issuance surpassed $500 billion last year, a record that’s found a deep pool of buyers.