The JP Morgan Chase & Co. headquarters, The JP Morgan Chase Tower in Park Avenue, Midtown, Manhattan, New York. Tim Clayton – Corbis | Corbis Sport | Getty Images Check out the companies mak...
Tag: JPMorgan Chase & Co
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...
Delta, JPMorgan, BlackRock and more
Check out the companies making headlines before the bell: Delta Air Lines (DAL) – Delta rallied 6.6% in the premarket after reporting a smaller-than-expected quarterly loss and predicting a current-qu...
Own stocks that are cheap on a price to earnings basis
CNBC’s Jim Cramer on Friday previewed next week’s roster of earnings and advised investors to stick to companies that are profitable yet affordable for investors to own. “In this env...
Morgan Stanley unveils family office unit, looking to serve richest of the rich
Jed Finn, Chief Operating Officer for Morgan Stanley Wealth Management and Head of Corporate and Institutional Solutions Source: Morgan Stanley After making inroads managing money for the merely wealt...
Stock futures little changed following Thursday’s comeback as investors assess Fed plans
Traders on the floor of the NYSE, April 7, 2022. Source: NYSE U.S. stock futures were little changed on Thursday night after the major averages staged a late-day comeback as investors appraised the li...
Twitter, Tesla, Starbucks and more
Take a look at some of the biggest movers in the premarket: Twitter (TWTR) – Twitter shares soared 26.1% in the premarket after a Securities and Exchange Commission filing showed that Tesla CEO Elon M...
Jamie Dimon says inflation, Ukraine war may dramatically increase risks for U.S.
Jamie Dimon, CEO of JPMorgan Chase speaks to the Economic Club of New York in New York, January 16, 2019. Carlo Allegri | Reuters Jamie Dimon, CEO and chairman of the biggest U.S. bank by assets, poin...
Goldman Sachs is betting that you’ll want a $10,000 loan from the investment bank
David Zalik, founder and CEO of GreenSky. Chris Hamilton | GreenSky Goldman Sachs, the 153-year old investment bank, is now officially in the home improvement loan business as it continues a push into...
Amazon renews Prime credit card pact with JPMorgan after flirting with American Express
Jeff Bezos and Jamie Dimon. Getty Images | CNBC Amazon has chosen to renew a deal allowing JPMorgan Chase to issue the tech giant’s flagship rewards credit card, ending months of heated negotiat...
Wall Street bonuses climb to record $257,500 per worker last year, New York’s fiscal chief says
People walk along Wall Street in the financial district of Manhattan on September 29, 2021 in New York City. Spencer Platt | Getty Images The average bonus paid to securities industry employees in New...
JPMorgan rolls back Covid precautions as U.S. cases drop
Jamie Dimon, Chairman and CEO of JPMorgan Chase, attends a meeting hosted by US President Joe Biden with business leaders about a Covid-19 relief bill in the Oval Office of the White House in Washingt...
Netflix shares hit lowest point since March 2020, when Covid pandemic started
Netflix‘s stock has now given up all its pandemic gains. On Monday, the streaming service’s shares fell more than 2% to around $332 each, a 52-week low. That’s more than 50% down fro...
Fertility benefits are the new work perk
Halfpoint Images | Moment | Getty Images When Priya and her husband discovered they were infertile, it cost them $20,000 and years of intrusive treatment to conceive their daughter. A couple of years ...
Deutsche Bank reverses course on Russia, says it will unwind business there
A Deutsche Bank AG flag flies outside the company’s office on Wall Street in New York. Mark Kauzlarich | Bloomberg | Getty Images Deutsche Bank said Friday that it was winding down its operation...
JPMorgan says labor shortage requires unconventional hiring
JPMorgan Chase says that companies can deal with global labor shortages in part by tapping the neurodiverse and people with criminal backgrounds. The New York-based bank has hired thousands of people ...
JPMorgan is winding down its Russia operations amid widening business exodus over Ukraine war
JP Morgan CEO Jamie Dimon listens as he is introduced at the Boston College Chief Executives Club luncheon in Boston, Massachusetts, U.S., November 23, 2021. Brian Snyder | Reuters JPMorgan Chase, the...
Goldman Sachs leaves Russia due to Ukraine invasion
A sign is displayed in the reception area of Goldman Sachs in Sydney, Australia. David Gray | Reuters Goldman Sachs says it is exiting Russia, becoming one of the first major global investment banks t...
JPMorgan project will push bank further into market serving private firms
JP Morgan CEO Jamie Dimon gives a speech during the inauguration of the new French headquarters of US’ JP Morgan bank on June 29, 2021 in Paris. Michel Euler| AFP | Getty Images JPMorgan Chase i...
Goldman’s consumer push will more than double over 2 years, CEO David Solomon says
Goldman Sachs expects investment into its digital consumer platform to really pay off in less than two years, CEO David Solomon told CNBC on Wednesday. “I put out a target at the end of 2024 of ...
Goldman’s David Solomon says ‘our strategy is working’ even as stock lags peers
David Solomon, chief executive officer of Goldman Sachs & Co., speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bl...
Roblox, Shopify, Upstart and more
In this photo illustration the logo of Canadian e-commerce company Shopify Inc. is displayed on a smartphone. Thomas Trutschel | Getty Images Check out the companies making headlines in midday trading...
Bank of America CEO Brian Moynihan says U.S. consumer spending ‘very strong’ in February
Bank Of America CEO Brian Moynihan is interviewed by Jack Otter during “Barron’s Roundtable” at Fox Business Network Studios on January 09, 2020 in New York City. John Lamparski | Ge...
Citigroup CEO faces disgruntled workers, regulators’ demands in tough first year
Citi CEO Jane Fraser makes brief remarks during a meeting with U.S. President Joe Biden and fellow chief executives to discuss the looming federal debt limit in the South Court Auditorium in the Eisen...
Robinhood shares rally 5% Friday after falling 14% in earlier trading
Baiju Bhatt and Vlad Tenev attend Robinhood Markets IPO Listing Day on July 29, 2021 in New York City. Cindy Ord | Getty Images Robinhood clawed back its major losses and gained on Friday as investors...
Citigroup’s new London HQ offers a view into flexible working future
Citigroup is offering its vision for the future of flexible work with the release of new plans to transform its London headquarters. The Wall Street bank is to overhaul its iconic Canary Wharf Citi To...
Deutsche Bank earnings Q4 2021
Statues stand outside a Deutsche Bank AG branch in Frankfurt, Germany. Krisztian Bocsi | Bloomberg | Getty Images LONDON — Deutsche Bank on Thursday defied market expectations to post a profit for the...
Goldman partners mint $15 million pay packages as boom times return
Tourists are lined up for taking photos by the Charging Bull Statue in the financial district of New York City, United States on August 16, 2021. Tayfun Coskun | Anadolu Agency | Getty Images Bonus se...
Jim Cramer says these are his favorite bank stocks in 2022
CNBC’s Jim Cramer on Thursday reviewed the recent slate of major bank earnings and explained why his charitable investment trust is sticking with its ownership of Morgan Stanley and Wells Fargo....