Jamie Dimon
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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JPMorgan CEO Jamie Dimon phone calls Fitch Scores U.S. downgrade ‘ridiculous,’ but claims ‘doesn’t genuinely matter’
The Fitch Scores downgrade of the United States’ prolonged-term credit score score ultimately doesn’t issue, JPMorgan Chase CEO Jamie Dimon told CNBC on Wednesday. “It will not really subject that much” simply because it is the sector, and not rating businesses, that establish borrowing expenses, Dimon instructed CNBC’s Leslie Picker. However, it is “ridiculous” that […]
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Dimon says private equity giants are ‘dancing in the streets’ over tougher bank rules
Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of the Nations Largest Banks, in Hart Building on Sept. 22, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images JPMorgan Chase executives warned Friday that tougher regulations in the wake of a trio […]
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JPMorgan Chase is set to report 2nd-quarter earnings — here’s what the Avenue expects
Important Factors JPMorgan Chase will report next-quarter earnings right before the bell Friday. Wall Avenue expects the financial institution to put up per share earnings of $4 on revenue of $38.96 billion. JPMorgan has been a standout recently on various fronts. Source
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JPMorgan bond chief Bob Michele sees stressing echoes of 2008 in industry calm
Bob Michele, Managing Director, is the Chief Expenditure Officer and Head of the International Set Cash flow, Currency & Commodities (GFICC) group at JPMorgan. CNBC To at the very least one particular market veteran, the stock market’s resurgence after a string of lender failures and rapid fascination rate hikes indicates only one particular matter: Enjoy […]
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