Jpmorgan Chase

Dimon said the chances of elevated inflation and stagflation are greater than people think, cautioned that America’s asset prices remain high and said that credit spreads aren’t accounting for the impacts of a potential downturn.

Jamie Dimon optimistic on India, says country 'growing quite well'

Talking about the US Presidential election, Dimon said he is not endorsing either Kamala Harris or Donald Trump, and rather focus on the outcome.

AI is not just a hype but real; may invent cure for cancer, says JPMorgan CEO

Jamie Dimon said that AI may invent cancer cures as it can do things that the human mind simply cannot do

Wells Fargo, JPMorgan start banks’ post-earnings bond spree

The Wall Street giants are borrowing from the debt market after posting strong net interest income and raising their outlook guidance.

Brace for higher oil prices, trade disruptions, says JPMorgan CEO Jamie Dimon

We’ve dealt with deficits before, we've dealt with recessions before; we haven't really seen something like this, pretty much since World War II, says Dimon

Aadhaar makes JPMorgan’s Jamie Dimon bullish on India; tax reforms, FDI drive optimism

Promotion of FDI, the simplification of taxes and the Aadhaar card are among a slew of reasons why JPMorgan Chase CEO Jamie Dimon is bullish on India's growth story.

JPMorgan among US banks facing risk of rating cut as Fitch mulls downgrade

The ratings agency had earlier slashed its assessment of the US banking industry to AA- in June, but the move largely went unnoticed as it did not warrant an individual downgrade of the American banks

JPMorgan Chase opens offices in Mumbai, Bengaluru to boost India play

The two new facilities are among the company’s largest technology and operation centres across the globe, and are aimed at driving “long-term service excellence, efficiency, and innovation,” the company said.

World stocks near 15-month high; China data dampens mood

Asian stocks fell earlier in the session as markets caught up with growth data from July 17 showing the post-pandemic bounce in China's economy was over.

JPMorgan Chase 2Q profits rose 67% with a boost from First Republic takeover

JPMorgan said Friday that it earned $14.5 billion in the three months ended June 30, compared to a profit of of $8.65 billion in the same period a year earlier.

Forbes Global 2000 | JPMorgan top of the class; Chinese firms' tally shrinks

The only Indian company to make it among the top 50 was Reliance Industries. The United States leads the pack with 611 firms on the list, followed by China at 346

First Republic Is Sold: What to Know

The federal government seized First Republic Bank and sold it JPMorgan Chase on Monday, ending the lender’s six-week-long free fall and reassuring depositors that their money is safe.

PNC, JPMorgan putting in final bids for First Republic Bank in FDIC auction

US regulators have been trying to clinch a sale of First Republic over the weekend, with roughly half a dozen banks bidding, sources said on Saturday, in what is likely to be the third major US bank to fail in two months

JPMorgan Chase Q1 profits jump 52% amid banking turmoil

With JPMorgan’s strong results, as well as the solid results from Wells Fargo on Friday, there seem to be few signs of potential trouble in the banking system at among the nation’s biggest, most complex financial institutions.

Talent market will remain buoyant, demand for niche skills to continue in India: JPMorgan

Gaurav Ahluwalia, MD and Head of HR, India Corporate Center, JPMorgan, talks about the company’s hiring plans, change in the talent market and HR policies, progress on diversity and inclusion.

JPMorgan Chase India unit gets RBI approval for new bank CEO

The Wall Street firm, which traces its presence in India back to 1922, started commercial banking operations in the country about 15 years ago.

Morgan Stanley cuts CEO Gorman’s pay 10% to $31.5 million

The bank considered Gorman’s outstanding individual performance, including his leadership of the firm’s strategy, core values and culture, and the firm’s solid financial performance

This ex CEO, 30, allegedly fooled JPMorgan into buying her startup for $175 million

Javice has also been on Forbes' 30 under 30 list - that has included FTX's Sam Bankman-Fried and Theranos founder Elizabeth Holmes before.

NYC salary transparency law reveals what Amazon, Louis Vuitton and other companies pay employees

A new salary transparency law came into effect in New York City this week, revealing what top companies like Amazon, Verizon, Louis Vuitton and Starbucks pay their employees.

Wall Street banks see profit slide as economic clouds loom, some beat forecasts

JPMorgan Chase, Morgan Stanley, Citigroup and Wells Fargo showed a slide in net income after turbulent markets choked off investment banking activity and lenders set aside more rainy-day funds to cover losses from borrowers who fall behind on payments

JPMorgan cuts US economic growth forecasts ‘perilously close’ to recession

The Wall Street bank reduced its estimate for annualized gross domestic product growth to 1 percent for the second quarter, down from 2.5 percent previously

Blackstone Weighs US Listing of $2 Billion Tech Firm IBS

The company is working with Goldman Sachs Group Inc. and JPMorgan Chase & Co. for the planned first-time share sale, the people said. IBS Software has filed confidentially for the US IPO, which could happen as soon as this year, they added.

Netflix, Amazon, Meta: How top companies are helping women in wake of Roe v Wade ruling

Several major companies in the United States said they will cover travel costs for employees who needed to travel outside their home states for an abortion.

JPMorgan Chase profits fall 42%; warns of hit from inflation, Ukraine

The biggest US bank by assets, JPMorgan reported $8.3 billion in first-quarter profits, down 42 percent from the year-ago period. Revenues dipped five percent to $30.7 billion.

JPMorgan board lifts CEO Dimon's pay to $34.5 million

JPMorgan Chase said directors based the pay decision on bank performance in 2021, while dealing with the challenges from the pandemic, and in the long term. It also cited Dimon's work on risk and controls, interests of customers and stakeholders and teamwork and leadership.