Latest JPMorgan Chase & Co News
CEOs of the nation's biggest banks warn that new regulations could harm the economy
NEW YORK (AP) — The heads of Wall Street's biggest banks used an appearance on Capitol Hill on Wednesday to plead with senators to stop the Biden administration's proposed changes to how banks are regulated, warning that the new proposals could negatively impact the economy at a time of...
Amazon takes another shot at health care, this one a virtual care service that costs $9 per month
Amazon is taking another shot at becoming a regular health care source for customers with the launch of a service centered on virtual care. The e-commerce giant says its Prime customers can now get quick access to a health care provider through a program that costs $9 a month or $99...
Another first for JPMorgan CEO Jamie Dimon, selling shares of the bank he's run for nearly 2 decades
Jamie Dimon will do something he has never done before in nearly two decades as the head of JPMorgan Chase & Co. - sell shares in the company. The top executive of the nation's largest bank will sell 1 million shares starting next year, according to a regulatory filing this...
Wells Fargo, JPMorgan Chase rise; Harmony Biosciences, Belden fall, Friday, 10/13/2023
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Friday: UnitedHealth Group Inc., up $13.86 to $539.40. The largest U.S. health insurer raised its profit forecast for the year. Comtech Telecommunications Corp., up $2.23...
JPMorgan profit jumps 35%, but CEO says geopolitics and gov't inaction have led to 'dangerous time'
NEW YORK (AP) — JPMorgan Chase's third-quarter profit soared 35% from last year, fueled by a rapid rise in interest rates, but the bank's CEO, Jamie Dimon, issued a sobering statement about the current state of world affairs and economic instability. “This may be the most...
Chase UK will soon bar its customers from making crypto transactions due to an uptick in scams
NEW YORK (AP) — Chase UK, JP Morgan's British digital bank, says it will bar customers from making cryptocurrency transactions starting next month — citing an uptick in scams and fraud. From Oct. 16 onward, Chase customers will no longer be able to make crypto transactions using...
HBCU coalition receives $124M gift from nonprofit funder Blue Meridian Partners
NEW YORK (AP) — The HBCU Transformation Project, a coalition of 40 historically Black colleges and universities, on Wednesday announced a $124 million gift from philanthropic funders Blue Meridian Partners to increase enrollment, graduation rates and employment rates for the schools' graduates. ...
