Jamie Dimon
Jamie Dimon rips central banking companies for becoming ‘100% useless wrong’ on economic forecasts
Jamie Dimon, CEO of JPMorgan Chase speaking with CNBC’s Leslie Picker in Bozeman, MT on Aug. 2nd, 2023. CNBC JPMorgan Chase CEO Jamie Dimon on Tuesday warned about the hazards of locking in an outlook about the economic system, specifically thinking of the very poor latest observe file of central banks like the Federal Reserve. […]
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Big banks are quietly cutting thousands of employees, and more layoffs are coming
Pedestrians walk along Wall Street near the New York Stock Exchange in New York. Michael Nagle | Bloomberg | Getty Images The largest American banks have been quietly laying off workers all year — and some of the deepest cuts are yet to come. Even as the economy has surprised forecasters with its resilience, lenders […]
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CNBC Each day Open: JPMorgan’s huge income advancement is not probably to persist
The JPMorgan Chase & Co. headquarters in New York, US, on Friday, July 7, 2023. Michael Nagle| Bloomberg | Getty Images This report is from modern CNBC Every day Open, our new, worldwide marketplaces newsletter. CNBC Every day Open brings buyers up to pace on almost everything they want to know, no issue the place […]
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JPMorgan Chase CEO Jamie Dimon warns this is ‘the most perilous time’ for the entire world in decades
Jamie Dimon, Chairman of the Board and Chief Government Officer of JPMorgan Chase & Co., gestures as he speaks in the course of an interview with Reuters in Miami, Florida, U.S., February 8, 2023. Marco Bello | Reuters Past the navy conflicts, Dimon cited the burgeoning nationwide personal debt and “the biggest peacetime fiscal deficits […]
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JPMorgan Chase tops profit expectations as bank benefits from higher rates, benign credit
Jamie Dimon, chairman and CEO of JPMorgan Chase, at the U.S. Capitol for a lunch meeting with the New Democrat Coalition in Washington, D.C., June 6, 2023. Nathan Howard | Bloomberg | Getty Images JPMorgan Chase topped analysts’ expectations for third-quarter profit and revenue as the bank generated more interest income than expected, while credit […]
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CNBC Everyday Open: Is tech the reward that retains on giving?
Arm Holdings CEO Rene Haas rings the Nasdaq opening bell at the Nasdaq MarketSite on September 14, 2023 in New York City. Michael M. Santiago | Getty Pictures This report is from today’s CNBC Day by day Open up, our new, worldwide markets e-newsletter. CNBC Day by day Open provides buyers up to speed on […]
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JPMorgan Chase settles Jeffrey Epstein sex trafficking fit by U.S. Virgin Islands for $75 million
JPMorgan Chase stated Tuesday it will shell out $75 million to settle a lawsuit by the U.S. Virgin Islands alleging that the enormous American financial institution facilitated and benefited from sexual intercourse trafficking of younger females by its longtime client Jeffrey Epstein. JPMorgan did not acknowledge any wrongdoing in the settlement, which will give $55 […]
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Jamie Dimon says India optimism is ‘completely justified’
Jamie Dimon, chairman and chief government officer of JPMorgan Chase & Co. Emily Elconin | Bloomberg | Getty Illustrations or photos LONDON — JPMorgan Chase Chairman and CEO Jamie Dimon struck a bullish tone at the India Trader Summit, indicating the optimism encompassing the nation at the moment is “totally justified.” “Glimpse at this conference. […]
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Jamie Dimon states it can be a ‘huge mistake’ to assume financial state will boom with so many dangers out there
Jamie Dimon, chairman and main government officer of JPMorgan Chase & Co., speaks through the Institute of Intercontinental Finance (IIF) annual membership meeting in Washington, DC, US, on Thursday, Oct. 13, 2022. Ting Shen | Bloomberg | Getty Pictures JPMorgan Chase CEO Jamie Dimon explained Monday that when the U.S. overall economy is carrying out […]
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Fitch warns it may be forced to downgrade dozens of banks, including JPMorgan Chase
A Fitch Ratings analyst warned that the U.S. banking industry has inched closer to another source of turbulence — the risk of sweeping rating downgrades on dozens of U.S. banks that could even include the likes of JPMorgan Chase. The ratings agency cut its assessment of the industry’s health in June, a move that analyst […]
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