Topline JPMorgan Chase CEO Jamie Dimon offered his support for the world’s wealthiest man Elon Musk’s Twitter takeover in an interview published Tuesday, a surprise vote of confidence given the histor...
Tag: Jamie Dimon
Jamie Dimon warns U.S. likely to tip into recession soon
Dimon said in June that he was preparing the bank for an economic “hurricane” caused by the Federal Reserve and Russia’s war in Ukraine. Al Drago | Bloomberg | Getty Images JPMorgan ...
‘The Fed is breaking things’ – Here’s what has Wall Street on edge as risks rise around the world
Jerome Powell, chairman of the US Federal Reserve, during a Fed Listens event in Washington, D.C., US, on Friday, Sept. 23, 2022. Al Drago | Bloomberg | Getty Images As the Federal Reserve ramps up ef...
Jamie Dimon’s Testimony Caps A Confrontational Energy Week
JPMorgan Chase & Co. Chairman and CEO Jamie Dimon testifies before a House Committee on Financial … [+] Services Committee hearing on “Holding Megabanks Accountable: Oversight of Ameri...
Watch Jamie Dimon and other bank CEOs get grilled by Congress in second day of hearings
[The stream is slated to start at 9:30 a.m. ET. Please refresh the page if you do not see a player above at that time.] The heads of seven of the biggest U.S. banks, including JPMorgan Chase CEO Jamie...
Republicans Slam Democrats At Banking Hearing
Topline Members of the House Financial Service Committee grilled major bank CEOs at a hearing on Wednesday over issues facing the US economy, including rising interest rates and the possibility of rec...
JPMorgan (JPM) fintech deal to acquire Renovite to battle Stripe and Block
The main entrance at JPMorgan’s headquarters in New York City. Erik McGregor | LightRocket | Getty Images JPMorgan Chase has agreed to acquire a payments startup called Renovite to fend off thre...
JPMorgan CEO Dimon sums up U.S. economy in one paragraph — and it sounds bad
Jamie Dimon, chief executive officer of JPMorgan Chase & Co. Christophe Morin | Bloomberg | Getty Images JPMorgan Chase CEO Jamie Dimon on Thursday summarized the state of the U.S. economy in one ...
Jamie Dimon rips Fed stress test as ‘terrible way to run’ financial system
Jamie Dimon, CEO of JP Morgan Chase, speaking at the Business Roundtable CEO Innovation Summit in Washington, D.C. on Dec. 6th, 2018. Janvhi Bhojwani | CNBC JPMorgan Chase CEO Jamie Dimon didn’...
JPMorgan Chase, Goldman Sachs, Conagra Brands and more
Pedestrians pass in front of a JPMorgan & Chase bank branch automated teller machine (ATM) kiosk in downtown Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images Check out the companies...
JPMorgan (JPM) 2Q 2022 earnings miss
JPMorgan Chase said Thursday that second-quarter profit slumped as the bank built reserves for bad loans by $428 million and suspended share buybacks. The actions reflect Chairman and CEO Jamie Dimon&...
JPMorgan, Taiwan Semiconductor, Ericsson and more
Check out the companies making headlines before the bell: JPMorgan Chase (JPM) – JPMorgan Chase was down 2.9% in premarket trading after falling 12 cents shy of estimates with a quarterly profit of $2...
JPMorgan Chase tells employees the bank will pay for travel to states that allow abortion
JP Morgan CEO Jamie Dimon speaks at the Boston College Chief Executives Club luncheon in Boston, Massachusetts, U.S., November 23, 2021. Brian Snyder | Reuters JPMorgan Chase, one of the largest emplo...
CEO Gloom Opens Pathway To Tech Stock Resurgence
Most corporate leaders now expect a recession as soon as next year. Getty Images Most corporate leaders now expect a recession as soon as next year. This is what it means for investors. A survey relea...
Bank Of America Says Credit Data Doesn’t Signify A Recession
Getty Images Key takeaways On Friday, the BLS reported that May inflation increased 8.6% year-over-year, marking the fastest inflation growth since 1981 On Monday, the Bank of America’s Chief Financia...
$150 oil won’t cripple economy, market: J.P. Morgan’s Marko Kolanovic
J.P. Morgan’s Marko Kolanovic predicts oil is surging higher — but so are stocks. Kolanovic, who serves as the firm’s chief global markets strategist and co-head of global research, believ...
What The Great Recession Teaches Us About Surviving The Next Downturn
Businesses are girding for an economic downturn getty Brace yourself for an economic hurricane. That was the advice conveyed by JPMorgan Chase CEO Jamie Dimon earlier this month at a financial confere...
Morgan Stanley’s Pick says a paradigm shift has begun in markets. What to expect
Trader on the floor of the NYSE, June 1, 2022. Source: NYSE Global markets are in the beginning of a fundamental shift after a nearly 15-year period defined by low interest rates and cheap corporate d...
JP Morgan’s Jamie Dimon Defends Stakeholder Capitalism Amid Conservative Criticism
Topline JP Morgan CEO Jamie Dimon on Wednesday became the latest finance leader to defend ‘shareholder capitalism’—an embrace by businesses of socially conscious and environmentally sustainable action...
Jamie Dimon says ‘brace yourself’ for an economic hurricane caused by the Fed and Ukraine war
Jamie Dimon, CEO of JP Morgan Chase, appears on CNBC’s Squawk Box at the 2020 World Economic Forum in Davos, Switzerland on Jan. 22nd, 2020. Adam Galica | CNBC JPMorgan Chase CEO Jamie Dimon say...
JPMorgan backtracks on key target, says it can reach 17% returns this year
Jamie Dimon, CEO of JPMorgan Chase speaks to the Economic Club of New York in New York, January 16, 2019. Carlo Allegri | Reuters JPMorgan Chase on Monday reversed course on guidance it gave in Januar...
JPMorgan investors hand Dimon rare rebuke, object to $53 million bonus
JP Morgan Chase & Co. Chairman & Chief Executive Officer Jamie Dimon testifies before the House Financial Services Committee on accountability for megabanks in the Rayburn House Office Buildin...
Bank stocks, once a Buffett favorite, take a back seat at Berkshire Hathaway
Warren Buffett, Chairman and CEO of Berkshire Hathaway. David A. Grogan | CNBC Warren Buffett has begun to unleash Berkshire Hathaway‘s massive cash stockpile in recent weeks, snapping up an ins...
Find durable stocks to weather this ‘hyper-confusing moment’
CNBC’s Jim Cramer on Wednesday advised investors to find stocks that can perform well in any market environment. “This is a hyper-confusing moment, but I want you to search for stocks that...
JPMorgan CEO Jamie Dimon sees ‘storm clouds’ ahead for U.S. economy
Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., listens during a Business Roundtable CEO Innovation Summit discussion in Washington, D.C., Dec. 6, 2018. Andrew Harrer | ...
JPM earnings 1Q 2022
JPMorgan Chase said Wednesday that first-quarter profit fell sharply from a year earlier, driven by increased costs for bad loans and market upheaval caused by the Ukraine war. Here are the numbers: A...
JPMorgan Boosts Credit Reserves As Profits Tank, Jamie Dimon Warns About ‘Significant Challenges Ahead’
Topline Shares of JPMorgan Chase, the biggest U.S. bank by assets, fell on Wednesday after the firm reported earnings which showed profits declined sharply from last year due to market upheaval caused...
Wall Street Banks Could Lose Billions In Russia—Here’s How Much Exposure They Have
Topline The conflict in Ukraine has caused many of Wall Street’s biggest banks to begin winding down their business in Russia, but they could still face billions of dollars in losses as they reduce ex...
Russia’s War In Ukraine Has Created ‘Potentially Explosive’ Economic Situation, Warns JPMorgan’s Dimon
Topline Russia’s invasion of Ukraine has created an “unprecedented” situation that could create economic turmoil around the world, warned JPMorgan chief executive Jamie Dimon in his annual letter to s...