In response to external attacks on DEI at big-name financial firms, JPMorgan Chase CEO and Chair Jamie Dimon had a few choice words regarding the activists: “Bring them on.” The comments were made Wednesday on CNBC’s “Squawk Box” program, filmed at the World Economic Forum in Davos, Switzerland.
How JPMorgan Chase performs in 2025 will largely depend on how economic conditions evolve. A backdrop of a firm labor market and durable credit conditions would support the bank's income growth. Investors comfortable with this baseline scenario have good reason to buy or hold the stock.
JPMorgan Chase CEO Jamie Dimon, who oversees the country’s largest bank, said Wednesday that Americans need to “get over it” when it comes to President Donald Trump ’s tariff plans driving up prices, as many economists have warned they will.
JPMorgan had sued Tesla in 2021, kicking off a drawn-out dispute that was at least in part tied to Musk’s infamous 2018 tweet where he said he had “funding secured” to take the
Wells Fargo blasted 6.7% higher on Jan. 15 thanks to solid results, including 11% higher diluted earnings per share and 15% growth in fee-based revenue. JPMorgan Chase popped 2% on Jan. 15 and reached an all-time high on Jan. 17 in response to excellent results and another year of record revenue and net income.
Bank of America and Citigroup also received shareholder proposals from right-leaning groups challenging their business practices.
JPMorgan Chase management disabled comments on an internal webpage where the policy was announced, according to the Wall Street Journal.
JPMorgan Chase's Q4 earnings exceeded expectations, with a stable net interest yield. Read why JPM's Series DD and GG preferred shares are recommended.
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JPMorgan Chase ( NYSE: JPM) is set to revamp its former headquarters at 383 Madison Avenue, according to a Wednesday media report, with plans to accommodate Manhattan staff in both the renovated building and its new tower.
The lackluster raises come after JPMorgan Chase posted fourth-quarter results last week that surpassed Wall Street estimates. The bank’s profit rose 50% to $14 billion while revenue climbed 10% to $43.74 billion, CNBC reported on Jan. 15. JPMorgan's full-year net income soared to $58.5 billion, a record for the bank.