August 12, 2024
“Three years ago, JPMorgan Chase became the first bank with a branch in all 48 contiguous states. Now, the firm is expanding, with the aim of reaching more Americans in smaller cities and towns. JPMorgan recently announced a new goal within its multibillion-dollar… Continue Reading…
July 26, 2024
“… …” https://www.cnbc.com/2024/07/12/jpmorgan-chase-jpm-earnings-q2-2024.html
October 30, 2023
“…Here’s what the company reported: The bank said profit surged 35% to $13.15 billion, or $4.33 a share, from a year earlier. That per-share figure includes 17 cents in securities losses and 22 cents in legal expenses. It wasn’t immediately clear which items… Continue Reading…
August 15, 2023
“A Fitch Ratings analyst warned that the U.S. banking industry has inched closer to another source of turbulence — the risk of sweeping rating downgrades on dozens of U.S. banks that could even include the likes of JPMorgan Chase“ https://www.cnbc.com/2023/08/15/fitch-warns-it-may-be-forced-to-downgrade-dozens-of-banks.html How does it feel JPMorgan?… Continue Reading…
May 22, 2023
“JPMorgan Chase raised a key performance target on the heels of its government-brokered takeover of First Republic earlier this month. The bank will generate about $84 billion in net interest income this year, New York-based JPMorgan said Monday in slides… Continue Reading…
May 1, 2023
“Regulators took possession of First Republic on Monday, resulting in the third failure of an American bank since March, after a last-ditch effort to persuade rival lenders to keep the ailing bank afloat failed. JPMorgan Chase , already the largest… Continue Reading…
June 2, 2022
“JPMorgan Chase CEO Jamie Dimon says he is preparing the biggest U.S. bank for an economic hurricane on the horizon and advised investors to do the same… “You’d better brace yourself,” Dimon told the roomful of analysts and investors. “JPMorgan is bracing ourselves… Continue Reading…
April 14, 2021
“JPMorgan Chase on Wednesday reported profit and revenue that exceeded analysts’ expectations on robust trading results and a $5.2 billion benefit from releasing money it had previously set aside for loan losses that didn’t develop. The bank posted first-quarter profit of… Continue Reading…
October 21, 2020
“JPMorgan Chase Yield: 3.5% This is a well-run bank JPM, 0.15% with a great protective moat. Banks naturally benefit when yield curves turn more upward sloping, which typically happens as economies heat up. Insider buying by executives and directors can be a bullish… Continue Reading…
March 19, 2020
“JPMorgan Chase is closing about a fifth of its bank branches to help contain the spread of COVID-19. The finance giant will shutter about 1,000 Chase bank locations temporarily, according to a memo sent to employees Wednesday. The roughly 4,000 other branches will… Continue Reading…
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