jpmorgan

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: jpmorgan.com

JPMorgan’s $1B Loss Reserve Signals Souring Loans and ‘Pain’ Ahead for FinTechs

JPMorgan’s $1B Loss Reserve Signals Souring Loans and ‘Pain’ Ahead for FinTechs
JPMorgan’s $1B Loss Reserve Signals Souring Loans and ‘Pain’ Ahead for FinTechs
April 15, 2022  |  Banking

When JPMorgan reported first-quarter earnings results this week, the company also built $902 million in reserves — a move that signals a tough credit environment...

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JPMorgan Adds $1B+ to Loan Loss Reserves as Economic Threats Mount
JPMorgan Adds $1B+ to Loan Loss Reserves as Economic Threats Mount
April 13, 2022  |  Earnings

Consumer spending is fine. Card volumes are fine. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Banks Consider Adding Zelle to Retail Payments as Alternative to Mastercard, Visa
Banks Consider Adding Zelle to Retail Payments as Alternative to Mastercard, Visa
April 06, 2022  |  Consumer Payments

Zelle might be seeing more action from banks in the future, with some of them wanting to add the money-transfer service to the checkout at...

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Self-Directed Investing, Embedded Finance May Be Key Areas as Banks Battle FinTechs
Self-Directed Investing, Embedded Finance May Be Key Areas as Banks Battle FinTechs
April 05, 2022  |  Banking

J.P. Morgan CEO Jamie Dimon’s letter to shareholders laid bare the competitive threats facing the banking sector generally. Get the Full Story Complete the form...

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J.P. Morgan: Apple, Qualcomm No Longer Among Most-Preferred Stocks
J.P. Morgan: Apple, Qualcomm No Longer Among Most-Preferred Stocks
April 01, 2022  |  Markets

Apple and chipmaker Qualcomm have been bumped from J.P. Morgan’s list of most-preferred stocks, analysts said Friday (April 1), as demand continues to slow for...

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JPMorgan’s UK Digital Bank Launches High Interest Savings
JPMorgan’s UK Digital Bank Launches High Interest Savings
March 28, 2022  |  Banking

JPMorgan Chase & Co. (JPMC) is offering a 1.5% interest rate for savings account customers at its digital bank in the United Kingdom, Yahoo! Finance...

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Today in FinTech: Flutterwave Enters Tanzania; Stilt Raises $114M
Today in FinTech: Flutterwave Enters Tanzania; Stilt Raises $114M
March 23, 2022  |  Technology

Today in FinTech news, Flutterwave is bringing digital payments to the East African country of Tanzania, while startup Stilt is earmarking its Series A capital to...

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JPMorgan Gives $1.5M to UK Loan Nonprofit
JPMorgan Gives $1.5M to UK Loan Nonprofit
March 17, 2022  |  Financial Inclusion

JPMorgan Chase has made a $1.5 million (1.2 million pounds) philanthropic commitment to help low-income and underserved people in the U.K. access affordable loans, the...

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