JPMorgan CEO Dimon cautious about soft landing for economy
JPMorgan Chase CEO Jamie Dimon said he remains cautious about the prospects for the U.S. economy to have a soft landing but that market sentiment is improving.
JPMorgan Chase, BlackRock drop out of massive UN climate alliance in stunning move
JPMorgan Chase, BlackRock and State Street confirmed they are exiting the world's largest climate alliance which seeks to push investors away from funding the fossil fuel sector.
Student loan payments may be to blame for a spike in credit card delinquencies
New findings published by the New York Federal Reserve show that a growing number of Americans are struggling to make their monthly credit card payments.
JPMorgan CEO Jamie Dimon warns US driving toward a cliff as debt snowballs
JPMorgan Chase CEO Jamie Dimon warned Friday that America is headed toward a cliff with its soaring debt, saying it must be addressed before it causes a crisis.
JPMorgan profit shrinks as it sets aside $3B for deposit insurance fund
The largest U.S. lender has benefited from its acquisition of failed First Republic Bank in May that brought in billions of dollars of loans and bolstered its net interest income.
Some companies revise diversity policies amid conservatives’ lawsuit threat
Several major U.S. companies changed their internal diversity policies and programs amid legal threats from conservative groups opposed to DEI initiatives, per a Reuters analysis.
Wall Street banks warn lawmakers about new regulations
The CEOs of the eight largest U.S. banks planned to push back on pending banking regulations as burdensome at Tuesday's hearing before the Senate Banking Committee.
Customers at major US banks hit with deposit delays
Deposits at some of the nation's largest banks including Bank of America, Wells Fargo and Chase were delayed on Friday due to a system-wide processing issue.
JPMorgan's Jamie Dimon warns business-friendly Texas over laws aimed at Wall Street firms
JPMorgan Chase CEO Jamie Dimon warned Texas it risks damaging its business-friendly image with laws aimed at punishing major Wall Street firms.
Wall Street CEOs standing up for Israel and against pro-Hamas colleges
A handful of Wall Street CEOs continue throwing their weight behind Israel after the deadly attacks by Hamas, expressing outrage at the terrorist group as well as the American universities that are pro-Hamas.