Category: JPMorgan Chase & Company

Jamie Dimon Reshuffles Management Team at JPMorgan

Many consider the moves a sign of a succession plan at the nation’s largest bank, although the stalwart Mr. Dimon has signaled he’s not going anywhere.
The Davos Consensus: Donald Trump Will Win Re-Election

In private, many business and political leaders at the World Economic Forum say they expect Donald Trump to return to the White House.
JPMorgan Chase, Bank of America and Wells Fargo Earned Billions

JPMorgan Chase, Bank of America and Wells Fargo reported healthy quarterly profits despite having to pay to replenish the industry’s deposit insurance fund.
Banks Should Have Better Customer Relations When Closing an Account

When banks close checking and credit-card accounts because of “suspicious activity,” chaos and anxiety ensue. It doesn’t have to be this way.
Wall Street strategists’ bull and bear scenarios for 2024.

Wall Street’s forecasts mostly missed this year’s bull market rally. Here’s what strategists are saying about 2024.
2024 M&A Outlook After a Rough Year for Deal Makers

Next year’s biggest headwinds for deal making will be “geopolitics, geopolitics and geopolitics,” says Viswas Raghavan, the co-head of global investment banking at JPMorgan Chase.
Check Fraud Is Rising and the Thieves Are Winning

Although check usage has declined in the last couple of decades, check fraud has risen sharply, creating a problem for banks — and customers trying to pay their bills.
Quiz: Would You Close This Bartender’s Bank Account?

Here’s what bank security employees might be thinking when deciding whether to shut down a customer account after detecting unusual activity.
JPMorgan Chief Jamie Dimon Addresses the ESG Backlash

Mr. Dimon has called the Texas laws bad for business, highlighting the work the bank does to fund schools, hospitals and other businesses.
What to Expect at Today’s DealBook Summit

Vice President Kamala Harris, Elon Musk, Bob Iger, Jamie Dimon and Tsai Ing-wen, the president of Taiwan, are among the big names speaking.
Pensions Get a New Look From Younger Workers

As the downsides of 401(k)-style plans become apparent, workers and some companies, including IBM, are showing new interest in defined benefit plans.
Sex Workers Have Been Shunned by Banks, Even When Their Work Is Legal

Financial service companies often avoid what they deem high-risk industries like adult entertainment. When workers lose their accounts, they are left with few options.