One JPM worker, who has been with the bank for several years, said everyone on their team got a 2% raise. (The five employees Fortune spoke with for this story did not want their
Activity on Wall Street helped buoy the bank’s fourth-quarter earnings.
This article will look at how JPM’s premium valuation impacts its quant rating and where it stands compared to fintech and banking industry disruptor OppFi.
Big bank profits surged in the fourth quarter and Wall Street roared back to life, with net income rising 50% at JPMorgan Chase and more than doubling at Goldman Sachs.
NCPRR and NLPC sent Goldman and JPMorgan the anti-DEI proposals, while Bank of America and Citi received proposals from NLPC and The Heritage Foundation asking them to audit whether they have surveilled customers based on their political and religious beliefs, according to the Journal.
Kevin Willsey, JPMorgan Chase’s global chair of investment banking, is retiring after over 30 years. He led the bank to become the top equity underwriter in 2008 and 2009 and was appointed global chair in 2013.
Shares of JPMorgan Chase (NYSE: JPM) are up a fantastic 55% over the past year, strongly outperforming the S&P 500 index's 26% gain. The banking giant has successfully leveraged a resilient economic backdrop into a record year for profitability.
The biggest banks in the U.S. are expected to report this week that they drove far higher profits in the fourth quarter than they did a year ago, thanks to solid consumer spending, higher stock prices and trading activity,
JPMorgan Chase CEO Jamie Dimon on Wednesday said the U.S. stock market is overvalued and explained why he’s a little more pessimistic about the global economy than your average Wall Street insider.
The US Senate Banking Committee Republicans have officially dropped their lineup of witnesses for the Feb. 5 crypto-focused debanking hearing.
Texas and nine other Republican-led states are ratcheting up pressure on Wall Street’s diversity programs, asking firms about their policies on hiring and supplier selections as the Trump administration moves to gut DEI.
Kevin Willsey, a JPMorgan Chase & Co. global chair of investment banking and capital markets, is retiring after more than three decades at Wall Street’s largest bank.