JPMorgan Chase & Co.

JPMorgan CEO Jamie Dimon to Sell 1 Million Shares
JPMorgan CEO Jamie Dimon to Sell 1 Million Shares
October 27, 2023  |  Banking

JPMorgan Chase & Co. Chairman and CEO Jamie Dimon and his family plan to sell 1 million shares of JPMorgan stock. They are doing so for financial diversification...

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US Banks Brace for Surge in Bad Debt Write-Offs
US Banks Brace for Surge in Bad Debt Write-Offs
October 11, 2023  |  Banking

The largest U.S. banks are reportedly bracing themselves for a surge in bad debt write-offs, the highest since the early days of the pandemic. JPMorgan...

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JPMorgan Pursues Silicon Valley Startups and VC Backers
JPMorgan Pursues Silicon Valley Startups and VC Backers
October 11, 2023  |  Startups

JPMorgan Chase & Co., the largest bank in the United States, is reportedly aggressively positioning itself as the leading financial partner for tech companies in...

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JPMorgan CEO Jamie Dimon Says AI Promises Healthier Future
JPMorgan CEO Jamie Dimon Says AI Promises Healthier Future
October 02, 2023  |  artificial intelligence

Artificial intelligence (AI) is rapidly changing the way we work and live, JPMorgan Chase CEO Jamie Dimon said. In a Monday (Oct. 2) interview with Bloomberg...

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JPMorgan Chase CEO Criticizes Capital Rules Proposed by US Regulators
JPMorgan Chase CEO Criticizes Capital Rules Proposed by US Regulators
September 11, 2023  |  Bank Regulation

Jamie Dimon, the chairman and CEO of J.P. Morgan Chase & Co., has reportedly voiced his criticism of the stricter capital rules proposed by U.S. regulators....

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JPMorgan Boosts Investment in Brazil’s C6 Bank
JPMorgan Boosts Investment in Brazil’s C6 Bank
August 29, 2023  |  Investments

J.P. Morgan Chase & Co. has boosted its stake in Brazilian digital bank C6 Bank from 40% to 46%. The financial terms of the deal were not disclosed,...

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Report: Instacart to Make IPO Plans Public in Coming Week
Report: Instacart to Make IPO Plans Public in Coming Week
August 18, 2023  |  IPO

Online grocery marketplace Instacart is reportedly gearing up for an initial public offering (IPO) as early as September. The firm is anticipated to make its IPO plans...

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Dwolla Launches Solution to Facilitate Secure A2A Payments
Dwolla Launches Solution to Facilitate Secure A2A Payments
August 08, 2023  |  B2B Payments

Dwolla has launched an application programming interface (API) solution designed for mid- to enterprise-sized businesses that enables easy payment initiation from existing commercial accounts at top...

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Banc of California to Sell $1.8 Billion Worth of Residential Loans
Banc of California to Sell $1.8 Billion Worth of Residential Loans
July 26, 2023  |  Acquisitions

Banc of California is reportedly selling $1.8 billion worth of single-family residential home loans at a discount to JPMorgan Chase as part of an agreement to facilitate...

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