All articles tagged with #jpmorgan chase
Originally Published 8 days ago — by 9to5Mac
Apple Card's partnership with Goldman Sachs is likely to end in 2026, with JPMorgan Chase as the preferred successor, though challenges remain due to the high percentage of subprime customers and associated losses. The future of Apple Card may involve changes such as increased fees and less generous terms, with potential new partners like Capital One considered if JPMorgan Chase falls through.
Originally Published 2 months ago — by AP News
A startup executive, Olivier Amar, was sentenced to over five years in prison for fraud related to a $175 million acquisition by JPMorgan Chase, involving false claims of customer numbers to influence the deal, with additional restitution ordered.
Originally Published 2 months ago — by CNN
Newly unsealed court records reveal over $1 billion in suspicious transactions by Jeffrey Epstein with Wall Street figures and related entities, shedding light on his financial dealings and connections, amid ongoing investigations and legal settlements.
Originally Published 2 months ago — by TipRanks
JPMorgan Chase has increased its stake in Perpetua Resources (PPTA) with a $75 million investment, signaling confidence in the company's prospects.
Originally Published 2 months ago — by AP News
JPMorgan Chase is seeking to end its obligation to cover over $115 million in legal fees incurred while defending convicted fraudsters Charlie Javice and Olivier Amar, who sold their startup Frank to the bank and were convicted of fraud. The bank argues that the legal bills are excessively high and treat the process as a 'blank check,' significantly exceeding typical costs for similar cases, and is requesting court intervention to stop further payments.
Originally Published 2 months ago — by Bloomberg
JPMorgan Chase officially opened its new 60-story headquarters at 270 Park Ave. in Manhattan, a multibillion-dollar project that will house about 10,000 employees and serve as a landmark for future development in New York City.
Originally Published 2 months ago — by CNBC
JPMorgan Chase has opened a $3 billion, 60-story headquarters in Midtown Manhattan designed to attract talent with modern amenities, sustainability features, and a focus on future-proofing the workplace, serving as a model for its global offices.
Originally Published 2 months ago — by The Economist
Jamie Dimon warns that recent failures of auto lenders Tricolor and First Brands may indicate more problems in the US credit market, raising fears of further lending blow-ups on Wall Street.
Originally Published 2 months ago — by Fortune
JPMorgan Chase is nearing completion of a $3 billion, 60-story skyscraper at 270 Park Avenue in Manhattan, with Jamie Dimon playing a key role as the 'master architect' in its design, reflecting his commitment to fostering in-person work and corporate culture.
Originally Published 3 months ago — by TipRanks
JPMorgan Chase reported strong Q3 earnings that beat expectations, but its stock still declined, possibly due to broader market factors or investor sentiment, highlighting a disconnect between earnings performance and stock price movement.
Originally Published 3 months ago — by CNBC
JPMorgan Chase is set to report its third-quarter earnings with expectations of $4.84 earnings per share and $45.4 billion in revenue, reflecting continued strong trading revenue, merger activity, and a resilient consumer sector, indicative of a robust year for major U.S. banks amid favorable market conditions.
Originally Published 3 months ago — by CNBC
JPMorgan Chase announced a decade-long plan to invest up to $10 billion in critical industries such as defense, aerospace, AI, energy tech, and manufacturing, aiming to bolster U.S. national security and reduce reliance on unreliable sources, with a broader goal of facilitating $1.5 trillion in funding for key companies.
Originally Published 3 months ago — by TipRanks
Big U.S. banks JPMorgan Chase, Wells Fargo, and Citigroup are set to report their earnings tomorrow, a key event for financial markets and investors. The upcoming reports are expected to provide insights into the health of the banking sector amid ongoing economic uncertainties.
Originally Published 3 months ago — by TipRanks
JPMorgan Chase CEO Jamie Dimon expressed significant concern about a potential decline in the U.S. stock market, indicating a more cautious outlook on the economy.
Originally Published 3 months ago — by The Guardian
Jamie Dimon, CEO of JPMorgan Chase, warns that the likelihood of a US stock market crash within the next two years is higher than market expectations, citing geopolitical risks, fiscal concerns, and an AI bubble as contributing factors, amidst broader warnings of increased global economic uncertainty.