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JPMorgan

What do bank branches offer in an online-banking world?

by Stephanie Hughes
May 3, 2023
JPMorgan Chase's purchase of First Republic includes its brick-and-mortar locations. In-person interaction is still a key part of the business.
Spencer Platt/Getty Images
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Banks in Turmoil

By acquiring First Republic, JPMorgan becomes "too big to be too-big-to-fail"

by David Brancaccio , Ariana Rosas , Alex Schroeder and Jarrett Dang
May 1, 2023
The reverberations of the Silicon Valley Bank collapse have taken down First Republic. What's next for the financial industry?
JPMorgan Chase's acquisition of First Republic further consolidates the industry in the country's largest bank, says the University of Michigan's Erik Gordon.
Johannes Eisele/AFP via Getty Images
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Fourth-quarter reports show some big banks are saving for a recession

by Mitchell Hartman
Jan 13, 2023
In the face of high inflation, rising interest rates and a slowing global economy, banks are setting aside reserves — just in case.
Bank of America told investors Friday that it generated a 2% profit bump last quarter. Many big banks have been squirreling away cash to prepare for an economic downturn.
Brandon Bell/Getty Images
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JPMorgan pauses stock buybacks as profits slump

by Kristin Schwab
Jul 14, 2022
CEO Jamie Dimon also cited economic worries, including the Ukraine war and inflation, in the big bank's move to conserve cash.
JPMorgan Chase's quarterly financial results disappointed Wall Street, and CEO Jamie Dimon discussed risks to the economy.
Michael M. Santiago/Getty Images
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What JPMorgan Chase's earnings report can tell us about the state of the economy

by Matt Levin
Apr 13, 2022
For the most part, the news is pretty good.
JPMorgan's financial results offer clues to where the economy is headed, analysts say. The giant bank generated $8 billion in profit in the most recent quarter.
Stan Honda/ AFP via Getty Images
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Some big Wall Street banks reverse their back-to-office plans — again

by Meghan McCarty Carino
Jan 3, 2022
They've been among the most aggressive employers when it comes to bringing workers back into face-to-face contact.
Despite investment banking companies' preference for in-person work, omicron has complicated the return-to-office plans of JPMorgan, Citigroup and Goldman Sachs.
Johannes Aisele/AFP via Getty Images
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Bank accounts could soon help determine creditworthiness

by Kristin Schwab
May 13, 2021
Some big banks will give credit cards to people who lack credit scores, looking instead at savings and checking account history.
Fizkes via Getty Images
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Bank executive puts his money where his mouth is

by Nancy Marshall-Genzer
Feb 12, 2016
JPMorgan Chase CEO buys a bunch of his bank's stock.
JPMorgan Chase & Co Chairman and CEO Jamie Dimon, who reportedly bought about $26 million worth of his bank’s shares.
Chip Somodevilla/Getty Images
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JPMorgan may settle with government for record $11 billion

by Stacey Vanek Smith
Sep 26, 2013
The record settlement could help the bank avoid future lawsuits.
JPMorgan Chase & Co.'s Manhattan headquarters.
Spencer Platt/Getty Images
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BBC World Service

JPMorgan probed over hiring practices in China

by Martin Patience
Aug 19, 2013
The SEC is looking into whether the investment bank hired the children of powerful Chinese leaders in an effort to win business.
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