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Hundreds more to lose jobs following megabank's takeover of SF's First Republic

JPMorgan Chase is laying off 335 staff from First Republic as part of post-acquisition integration, with contracts concluding in January 2025.
#donald-trump

Trump Falsely Promotes Endorsement From Banker Who Hasn't Endorsed Him

Donald Trump's claim of endorsement by Jamie Dimon was false, demonstrating his pattern of spreading misinformation.
The episode emphasizes Trump's disregard for credible news sources, often sourcing from social media speculation.

Jamie Dimon: No, I haven't endorsed Donald Trump

Jamie Dimon did not endorse Donald Trump despite Trump's claims; he remains neutral in the election.

JUST IN: JPMorgan Says Jamie Dimon Did Not Endorse Donald Trump, Despite Former President's Claim

Jamie Dimon has not endorsed any presidential candidate for this election cycle, contradicting claims made by Donald Trump.

Will JPMorgan Chase (JPM) See Its Stock Double Under a Trump Presidency?

Financial stocks surged after Trump's win, indicating optimism for deregulation and tax reform.
JPMorgan Chase's strong quarterly performance reflects its dominance and growth potential.

Trump Falsely Promotes Endorsement From Banker Who Hasn't Endorsed Him

Donald Trump's claim of endorsement by Jamie Dimon was false, demonstrating his pattern of spreading misinformation.
The episode emphasizes Trump's disregard for credible news sources, often sourcing from social media speculation.

Jamie Dimon: No, I haven't endorsed Donald Trump

Jamie Dimon did not endorse Donald Trump despite Trump's claims; he remains neutral in the election.

JUST IN: JPMorgan Says Jamie Dimon Did Not Endorse Donald Trump, Despite Former President's Claim

Jamie Dimon has not endorsed any presidential candidate for this election cycle, contradicting claims made by Donald Trump.

Will JPMorgan Chase (JPM) See Its Stock Double Under a Trump Presidency?

Financial stocks surged after Trump's win, indicating optimism for deregulation and tax reform.
JPMorgan Chase's strong quarterly performance reflects its dominance and growth potential.
moredonald-trump
#banking-security

JP Morgan Chase is suing customers over 'infinite money glitch' ATM scam

JPMorgan Chase is suing customers for exploiting ATM technical issues to make fraudulent withdrawals.

JPMorgan Chase is suing customers over the viral check fraud scam

JPMorgan Chase is suing individuals who exploited a viral check fraud scheme to recover lost funds and enforce accountability.

JP Morgan Chase is suing customers over 'infinite money glitch' ATM scam

JPMorgan Chase is suing customers for exploiting ATM technical issues to make fraudulent withdrawals.

JPMorgan Chase is suing customers over the viral check fraud scam

JPMorgan Chase is suing individuals who exploited a viral check fraud scheme to recover lost funds and enforce accountability.
morebanking-security
#jamie-dimon

JPMorgan CEO Jamie Dimon says AI is not just hype 'This is real'

AI is not a passing fad, but a significant technological advancement.
JPMorgan Chase CEO Jamie Dimon is optimistic about the potential of AI and its widespread application.

Jamie Dimon is skeptical about a soft landing and says Fed rate cut won't affect the election

Jamie Dimon expresses skepticism about a soft landing in the US economy despite recent Federal Reserve rate cuts.

Jamie Dimon says succession planning is top of mind right now: 'We all want to get that exactly right'

Jamie Dimon prioritizes succession planning for JPMorgan, emphasizing the need for a suitable successor among several qualified candidates.

Jamie Dimon says the next president needs to ensure the private sector has 'a seat at the table'

Jamie Dimon, CEO of JPMorgan Chase, highlights the need for unity in government, adding business leaders to the cabinet, and including politicians from opposing parties to create a diverse team.

Jamie Dimon says global politics are 'treacherous and getting worse'-so he's preparing for anything

Geopolitical tensions are escalating, threatening both economic stability and human welfare according to Jamie Dimon.

JPMorgan's CEO succession looms, putting the 'Jamie premium' to the test

JPMorgan's stock is expected to decline following CEO Jamie Dimon's eventual departure due to the so-called 'Jamie premium' attributed to his leadership.

JPMorgan CEO Jamie Dimon says AI is not just hype 'This is real'

AI is not a passing fad, but a significant technological advancement.
JPMorgan Chase CEO Jamie Dimon is optimistic about the potential of AI and its widespread application.

Jamie Dimon is skeptical about a soft landing and says Fed rate cut won't affect the election

Jamie Dimon expresses skepticism about a soft landing in the US economy despite recent Federal Reserve rate cuts.

Jamie Dimon says succession planning is top of mind right now: 'We all want to get that exactly right'

Jamie Dimon prioritizes succession planning for JPMorgan, emphasizing the need for a suitable successor among several qualified candidates.

Jamie Dimon says the next president needs to ensure the private sector has 'a seat at the table'

Jamie Dimon, CEO of JPMorgan Chase, highlights the need for unity in government, adding business leaders to the cabinet, and including politicians from opposing parties to create a diverse team.

Jamie Dimon says global politics are 'treacherous and getting worse'-so he's preparing for anything

Geopolitical tensions are escalating, threatening both economic stability and human welfare according to Jamie Dimon.

JPMorgan's CEO succession looms, putting the 'Jamie premium' to the test

JPMorgan's stock is expected to decline following CEO Jamie Dimon's eventual departure due to the so-called 'Jamie premium' attributed to his leadership.
morejamie-dimon
#legal-action

JPMorgan Chase customers who committed a viral check fraud scheme may soon have to pay up

Chase Bank is pursuing legal action against customers who withdrew money fraudulently using a TikTok scheme that exploited a banking glitch.

JPMorgan sues customers over alleged fraud linked to TikTok viral glitch

JPMorgan Chase is suing customers for exploiting an ATM glitch to commit bank fraud, emphasizing the importance of preventing such fraudulent activities.

JPMorgan Chase customers who committed a viral check fraud scheme may soon have to pay up

Chase Bank is pursuing legal action against customers who withdrew money fraudulently using a TikTok scheme that exploited a banking glitch.

JPMorgan sues customers over alleged fraud linked to TikTok viral glitch

JPMorgan Chase is suing customers for exploiting an ATM glitch to commit bank fraud, emphasizing the importance of preventing such fraudulent activities.
morelegal-action
#banking

What a ranking of banks' AI prowess says about the tech's "flywheel" effects

JPMorgan Chase remains the leader in AI implementation among banks, with overall scores improving across the industry.

JPMorgan Suing Customers Over Money 'Glitch' TikTok Trend | Entrepreneur

TikTok's 'infinite money glitch' trend resulted in legal consequences for customers of Chase Bank involved in a check fraud scheme.

Jamie Dimon's $4 Trillion Machine

First Republic bank collapsed and was acquired by JPMorgan Chase, preventing a spread of panic.
JPMorgan Chase is the largest bank in the world with $4 trillion in assets and significant market presence in the United States.

Are 5,000 JPMorgan Branches Too Many?

The traditional bank branch model may be vastly transformed by AI and online banking, prompting banks to reconsider their physical branch strategies.

What a ranking of banks' AI prowess says about the tech's "flywheel" effects

JPMorgan Chase remains the leader in AI implementation among banks, with overall scores improving across the industry.

JPMorgan Suing Customers Over Money 'Glitch' TikTok Trend | Entrepreneur

TikTok's 'infinite money glitch' trend resulted in legal consequences for customers of Chase Bank involved in a check fraud scheme.

Jamie Dimon's $4 Trillion Machine

First Republic bank collapsed and was acquired by JPMorgan Chase, preventing a spread of panic.
JPMorgan Chase is the largest bank in the world with $4 trillion in assets and significant market presence in the United States.

Are 5,000 JPMorgan Branches Too Many?

The traditional bank branch model may be vastly transformed by AI and online banking, prompting banks to reconsider their physical branch strategies.
morebanking
#investment-banking

How JPMorgan's crackdown on private-equity recruiting could play out for junior bankers, PE firms, and more

JPMorgan issues warning to junior bankers about accepting future-dated jobs with private-equity firms, introducing new rules to manage conflicts of interest.

JPMorgan is boosting its junior-banker ranks

JPMorgan is significantly increasing its hiring of junior investment bankers, driven by rising deal fees and new limits to protect employee well-being.

How JPMorgan's crackdown on private-equity recruiting could play out for junior bankers, PE firms, and more

JPMorgan issues warning to junior bankers about accepting future-dated jobs with private-equity firms, introducing new rules to manage conflicts of interest.

JPMorgan is boosting its junior-banker ranks

JPMorgan is significantly increasing its hiring of junior investment bankers, driven by rising deal fees and new limits to protect employee well-being.
moreinvestment-banking

Chase to Open Branches for the Rich

JPMorgan Chase is targeting the 'mass affluent' market with branches designed specifically for individuals with significant assets.
from Brooklyn Paper
1 month ago

JPMorgan Chase showcases impact on New York City communities during tour of Brooklyn Navy Yard * Brooklyn Paper

JPMorgan Chase is actively supporting local communities in NYC through investments and partnerships, focusing on economic growth and job opportunities for low-income residents.
#mortgage-lending

Fed rate cut brings more mortgage biz to JPMorgan, Wells Fargo. But is it sustainable?

Mortgage lending increased for JPMorgan and Wells Fargo due to recent rate cuts, but future stability remains uncertain.

Scotiabank hires JPMorgan team to lead new mortgage biz

Scotiabank is expanding into mortgage capital markets by hiring JPMorgan Chase executives.

Fed rate cut brings more mortgage biz to JPMorgan, Wells Fargo. But is it sustainable?

Mortgage lending increased for JPMorgan and Wells Fargo due to recent rate cuts, but future stability remains uncertain.

Scotiabank hires JPMorgan team to lead new mortgage biz

Scotiabank is expanding into mortgage capital markets by hiring JPMorgan Chase executives.
moremortgage-lending

JPMorgan client who lost $50 million fortune amid dementia is denied trial

JPMorgan was not found liable for losses suffered by client Peter Doelger, who was experiencing dementia.

JPMorgan CEO Jamie Dimon Calls For Federal Employees To Return To Office, Says Empty Buildings 'Bother' Him: 'I Can't Believe...' - JPMorgan Chase (NYSE:JPM), Amazon.com (NASDAQ:AMZN)

Jamie Dimon advocates for the return of federal employees to in-person work, citing high office vacancy rates in Washington, DC.

JPMorgan reportedly in talks with Apple to take over credit-card program from Goldman

JPMorgan is negotiating to take over Apple's credit card program from Goldman Sachs, seeking to secure a potentially lucrative partnership.

JPMorgan hires former Goldman Sachs star to lead ECM team

JPMorgan strengthens equity capital markets team by hiring David Bauer from KKR.
Bauer's extensive experience is expected to enhance JPMorgan's ECM advisory capabilities.
#interest-rates

Market Crash Prep: 2 Stocks to Buy Now the Coming Crash

Investors should prepare for potential stock market volatility as economic indicators point toward uncertainty.
Crashes can provide buying opportunities at lower prices for previously high-performing stocks.

Analyzing JPMorgan (JPM) and Wells Fargo (WFC) for March: Buy, Hold, or Sell? | Entrepreneur

The Federal Reserve is expected to cut interest rates, impacting the U.S. banking sector outlook.
Investors may wait for a better entry point in banking stocks like JPMorgan Chase and Wells Fargo amid challenges like higher deposit costs and potential loan defaults.

Market Crash Prep: 2 Stocks to Buy Now the Coming Crash

Investors should prepare for potential stock market volatility as economic indicators point toward uncertainty.
Crashes can provide buying opportunities at lower prices for previously high-performing stocks.

Analyzing JPMorgan (JPM) and Wells Fargo (WFC) for March: Buy, Hold, or Sell? | Entrepreneur

The Federal Reserve is expected to cut interest rates, impacting the U.S. banking sector outlook.
Investors may wait for a better entry point in banking stocks like JPMorgan Chase and Wells Fargo amid challenges like higher deposit costs and potential loan defaults.
moreinterest-rates

JPMorgan's new AI chatbot could make the bank operate like the intelligence community, startup CEO says

AI is reshaping banking jobs, potentially making it more similar to working at the CIA.

JPMorgan launches 'research analyst' chatbot to help staff with writing, new ideas, problem solving

JPMorgan Chase & Co. launched an AI tool, LLM Suite, for asset and wealth-management employees to enhance productivity and problem-solving.

JPM's solid Q2 performance is followed by modifications to its card transaction policy - Tearsheet

Changes in card transactions and credit card defaults affecting JPMorgan Chase loyalty program.

NYCB to boost capital and liquidity through $5 billion loan sale to JPMorgan Chase

NYCB sells $5 billion in mortgage warehouse loans to JPMorgan Chase to boost capital and liquidity for profit and stability, realigning business focus.

America's Largest Bank JPMorgan Chase Discloses Spot Bitcoin ETF Holdings: SEC Filing

JPMorgan Chase reveals exposure to spot Bitcoin ETFs from major asset managers.

'AI is going to be in every nook and cranny': Big banks are going all-in on AI

Banks are rapidly incorporating AI into their business practices, aiming for extensive integration in the future.

When your bank is a media company

JPMorgan Chase launches Chase Media Solutions, using spending data to sell performance-based ads.
The concept of every company becoming a media company is gaining traction in the business world.

Times Outs Student Loan Startup Before Jamie Dimon Can Buy It

JPMorgan Chase's acquisition of fintechs has led to legal issues
Fintechs like Mos have faced scrutiny for questionable practices.

The Morning Risk Report: JPMorgan Hit With Nearly $350 Million Fine for Compliance Failures

JPMorgan fined $350 million for trade monitoring failure
EFG International settles U.S. sanctions violations for $3.7 million

'A brand new future' for South Florida's only HBCU after it gets a $1 million donation

JPMorgan Chase has donated $1 million to Florida Memorial University to expand its technology programs
The donation will be used to provide scholarships, hire more staff, modernize facilities, and purchase new equipment

Bank That Made $50 Billion Last Year Pays $18 Million For Making Clients It Paid A Few Thousand Dollars Keep Schtum

JPMorgan Chase has been found to have violated whistleblower protection laws.
The bank had illegal confidentiality agreements that prohibited clients from reporting violations to regulators.
#JPMorgan Chase

Bank of America shuttering nearly two dozen Bay Area branches

Bank of America is closing nearly two dozen branches in the Bay Area.
Other banks in the area are also closing multiple branches.

Bank of America shuttering nearly two dozen Bay Area branches

Bank of America is closing nearly two dozen branches in the Bay Area.
Other banks in the area are also closing multiple branches.

JPMorgan's Jamie Dimon and Sen. Elizabeth Warren Team Up to Bash Crypto

Jamie Dimon, CEO of JPMorgan Chase, continues to express his disdain for cryptocurrencies despite his bank's use of blockchain technology.
Senator Elizabeth Warren is calling for more regulations on the crypto industry, citing concerns about illicit transactions.

Bank of America shuttering nearly two dozen Bay Area branches

Bank of America is closing nearly two dozen branches in the Bay Area.
Other banks in the area are also closing multiple branches.

Bank of America shuttering nearly two dozen Bay Area branches

Bank of America is closing nearly two dozen branches in the Bay Area.
Other banks in the area are also closing multiple branches.

JPMorgan's Jamie Dimon and Sen. Elizabeth Warren Team Up to Bash Crypto

Jamie Dimon, CEO of JPMorgan Chase, continues to express his disdain for cryptocurrencies despite his bank's use of blockchain technology.
Senator Elizabeth Warren is calling for more regulations on the crypto industry, citing concerns about illicit transactions.
moreJPMorgan Chase

Bank of America shuttering nearly two dozen Bay Area branches

Bank of America is closing nearly two dozen branches in the Bay Area.
Other banks in the area are also closing multiple branches.
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