The tougher capital requirements the government had planned for banks may not be as tough. That’s according to a Sunday (May 19) report by The Wall Street Journal (WSJ), which argues that efforts by banking CEOs like JPMorgan Chase’s Jamie Dimon to push back against the Federal Reserve’s proposal that banks hold more...
JPMorgan Chase CEO Jamie Dimon reportedly said Tuesday (April 23) that the U.S. economic boom is “unbelievable.” Speaking at an event at The Economic Club of New York, Dimon said employment is strong, consumer finances are healthy, and consumers would still be in good shape even if the economy...
Consumers are still spending, but JPMorgan CEO Jamie Dimon, in remarks accompanying the banking giant’s latest earnings Friday (April 12), detailed concerns over inflation’s impact. And “persistent inflation pressures,” as he termed them, among other factors, will be unpredictable. As Dimon stated in the earnings release,...
JPMorgan Chase CEO Jamie Dimon weighed in on all manner of subjects in his latest annual letter to shareholders — taking particular note of the changing competitive landscape in financial services. And he warned that regulatory frameworks for banks may make delivering those services more...
March 06, 2020
In today’s top payments news, the Indian government has taken control of Yes Bank as it creates a bailout plan for the bank, and JPMorgan CEO Jamie Dimon is recovering from emergency heart surgery. Also, fears over the coronavirus could cost the airline industry more than $113 billion. India Seizes Control Of Yes Bank, […]
June 11, 2018
Saturday crowned horseracing’s 13th Triple Crown Winner, with its winner, Justify, now well positioned as a cash machine for its owners. Payments saw several players jockeying for a similar place...
April 07, 2017
Sizzle Big Tech Battle of Market Caps: Amazon’s market cap has hit a significant milestone. With a new high of $900 a share, the company’s recent market cap stood at...
May 29, 2024
JPMorgan Chase’s CEO is sounding a warning on the flourishing private credit sector. Jamie Dimon anticipates problems to pop up in the market, cautioning “there could be hell to pay,” especially as retail clients gain access to the industry. “Do you want to give access to retail clients on some of these less liquid products? Well the […]
May 19, 2024
The tougher capital requirements the government had planned for banks may not be as tough. That’s according to a Sunday (May 19) report by The Wall Street Journal (WSJ), which argues that...
April 23, 2024
JPMorgan Chase CEO Jamie Dimon reportedly said Tuesday (April 23) that the U.S. economic boom is “unbelievable.” Speaking at an event at The Economic Club of New York, Dimon said employment is strong, consumer...
April 08, 2024
J.P. Morgan Chase’s board said Monday (April 8) that planning for an orderly CEO transition in the medium term is one of its top priorities. “The board is focused on...
