JPMorgan Chase

JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City. JPMorgan Chase is ranked by S&P Global as the largest bank in the United States and the sixth largest bank in the world by total assets, with total assets of US$2.73 trillion.

(source: en.wikipedia.org)

Credit Card Charge-Offs Creep Up in March
Credit Card Charge-Offs Creep Up in March
April 30, 2023  |  Credit Cards

Credit card charge-offs reportedly crept up in March as consumers struggle to pay bills. On paper, the overall average rate of credit card delinquencies and...

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Report: JPMorgan and PNC Among Bidders for First Republic
Report: JPMorgan and PNC Among Bidders for First Republic
April 30, 2023  |  Banking

PNC and JPMorgan Chase were reportedly among the bidders vying to own First Republic Bank. U.S. regulators auctioned off the struggling bank Sunday (April 30), according to a report by Reuters....

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JPMorgan Holds Firm on Plans to ‘Tokenize’ Traditional Finance
JPMorgan Holds Firm on Plans to ‘Tokenize’ Traditional Finance
April 27, 2023  |  Banking

JPMorgan Chase is committed to tokenize traditional finance despite upheaval in the cryptocurrency sector. The bank’s digital asset program, Onyx, is already being used by Goldman...

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Frank Founder Charlie Javice’s Attorneys Say US Has Seized Her Assets
Frank Founder Charlie Javice’s Attorneys Say US Has Seized Her Assets
April 24, 2023  |  Security & Fraud

Frank founder Charlie Javice’s attorneys said she can’t hide assets because they’ve been seized. The attorneys said this in a Friday (April 21) court filing...

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Big Banks’ Consumer Loan Write-Offs Jump 73% in Q1
Big Banks’ Consumer Loan Write-Offs Jump 73% in Q1
April 18, 2023  |  Banking

America’s biggest banks are downplaying a massive spike in write-offs of bad consumer loans. As Bloomberg News reported Tuesday (April 18), the four largest banks...

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What Macro Challenges? S&P 500 Firms Trounce First Quarter Estimates
What Macro Challenges? S&P 500 Firms Trounce First Quarter Estimates
April 17, 2023  |  Earnings

Big banks are kicking off earning season in style. This despite a first quarter 2023 that was anything but sedate, with the collapses of Silicon...

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JPMorgan Asks for Permission to Question Frank Founder About Transfers
JPMorgan Asks for Permission to Question Frank Founder About Transfers
April 13, 2023  |  Legal

JPMorgan Chase wants to question Frank founder Charlie Javice about transfers of millions of dollars. In a court case in which the bank is suing...

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Banks That Backed First Republic Set Aside $100 Million Reserves
Banks That Backed First Republic Set Aside $100 Million Reserves
April 12, 2023  |  Banking

America’s biggest banks are reportedly setting aside cash in anticipation of first-quarter losses. The banking giants that helped shore up struggling First Republic Bank with...

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Big Banks Earnings Projected to Show $100 Billion in Withdrawals
Big Banks Earnings Projected to Show $100 Billion in Withdrawals
April 11, 2023  |  Banking

America’s banking giants are expected to reveal a huge outflow of cash in the days ahead. As the Financial Times (FT) reported Tuesday (April 11),...

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