J.P. Morgan Chase’s fourth-quarter earnings results showed continued momentum in consumer spending, with increased credit and debit card use. Consumers also drew down their deposit account balances. “The U.S. economy has been resilient,” J.P. Morgan Chase CEO Jamie Dimon said in a Wednesday (Jan. 15)...
J.P. Morgan Chase President and Chief Operating Officer Daniel Pinto is retiring and will be replaced by Jennifer Piepszak, co-CEO of commercial and investment banking. Pinto, who has served the banking giant for 40 years, will relinquish his role June 30 and then retire next...
America’s largest bank reportedly wants to grow its presence in Europe’s largest economy. J.P. Morgan Chase CEO Jamie Dimon is plotting a major expansion that involves developing a digitally-centered consumer bank outside the U.S., the Wall Street Journal (WSJ) reported Tuesday (Jan. 14). That means...
Every three months, some of the biggest names in banking report earnings, all on the same day, kicking off an avalanche of quarterly reports across all manner of sectors. The roster is almost always the same: JPMorgan — the largest bank by assets — Citigroup and...
January 15, 2025
J.P. Morgan Chase’s fourth-quarter earnings results showed continued momentum in consumer spending, with increased credit and debit card use. Consumers also drew down their deposit account balances. “The U.S. economy has been resilient,” J.P. Morgan Chase CEO Jamie Dimon said in a Wednesday (Jan. 15) press release. “Unemployment remains relatively low, and consumer spending stayed […]
January 13, 2025
Every three months, some of the biggest names in banking report earnings, all on the same day, kicking off an avalanche of quarterly reports across all manner of sectors. The roster...
October 14, 2024
Earnings season is here — as always, led by the banks, and the banks led the CE 100 Index 1.7% higher through the past week. As a group, the banks...
October 11, 2024
As 2024 draws to a close, and as evidenced by management remarks and data in the latest earnings results from JPMorgan Chase, posted on Friday (Oct. 11), consumer spending, in...
January 22, 2025
J.P. Morgan Chase President and Chief Operating Officer Daniel Pinto is calling for more focus on relationships between small businesses and private credit providers. Pinto said in an interview Wednesday (Jan. 22) with Bloomberg Television that private credit’s funding of the sector requires attention as the industry has yet to suffer blowback from an economic […]
January 14, 2025
J.P. Morgan Chase President and Chief Operating Officer Daniel Pinto is retiring and will be replaced by Jennifer Piepszak, co-CEO of commercial and investment banking. Pinto, who has served the...
January 14, 2025
America’s largest bank reportedly wants to grow its presence in Europe’s largest economy. J.P. Morgan Chase CEO Jamie Dimon is plotting a major expansion that involves developing a digitally-centered consumer...
January 12, 2025
The head of America’s biggest bank believes tariffs can be helpful when used properly. In the right circumstances, they can help with issues like national security and unfair competition, JPMorganChase...
