Jamie Dimon News

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Ahead of a lunch meeting with Vice President Kamala Harris at the White House in March, JPMorgan Chase Chief Executive Jamie Dimon didn’t know what to expect. Dimon wasn’t sure of her political agenda when it came to the economy and business.

The leaders of Wall Street's most powerful firms are speaking out to condemn the attempted assassination of former President Donald Trump at a Pennsylvania rally over the weekend.

Against a backdrop of intensifying climate protests targeting Wall Street, the heavyweights of US finance are pushing back against what they characterize as a fundamentally flawed debate.

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NEW YORK — JPMorgan Chase Co.‘s profits jumped sharply in the second quarter as the bank cashed in billions of dollars of its holdings in Visa Inc. But the bank’s results were also helped by higher interest rates, as well as consumers who seemed to still want to spend, despite geopolitical and economic uncertainties.

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Citigroup Inc. said artificial intelligence is likely to displace more jobs across the banking industry than in any other sector as the technology is poised to upend consumer finance and makes workers more productive. 

Sen. Elizabeth Warren, D-Mass., is accusing Federal Reserve Chair Jerome Powell of doing the financial industry's bidding by considering changes to a sweeping set of regulations aimed at boosting the capital cushion that large American banks would be required to hold.

Companies that use artificial intelligence to transform their business could be the next crop of firms to benefit from investors’ enthusiasm for the technology, according to a top JPMorgan Chase & Co. executive. 

After years of closing or mostly neglecting physical bank branches across the U.S., the nation’s largest banks are spending hundreds of millions of dollars on refurbishing old locations or building new ones, and in the process changing the look, feel a...

JPMorgan CEO Jamie Dimon was responding to a question posed at the Economic Club of New York in late April on the resilience of the US economy. But he could as well have been talking of India. National Statistics Office (NSO) data released last Friday show the Indian economy is, well, booming. At 8.2%, GDP growth for 2023-24 is streets ahead of the most optimistic estimates, and far, far ahead of RBI's estimate of 7% till as late as December 2023. Sure, there could be distortions due to the way the GDP deflator is computed, as this is then used to arrive at the real (from nominal) GDP numbers, and also because of changes in the 'net taxes' figure — GDP is GVA (gross value added) plus taxes less subsidies. But whichever way you dice the numbers — nominal or real GDP growth, GDP or GVA — there's no getting away from the fact that the Indian economy is shining. The news has, of course, been greeted with 'ra-ras' from the ruling BJP and nitpicking by the Opposition, even as it has left the aam janta cold. This is for two reasons.

Laurentian Bank of Canada is slashing its Toronto office space by two-thirds as it leans into a hybrid work model and seeks cost savings amid a broader strategic revamp.

Speaking during an industry conference on Wednesday (29 May), Dimon said there were a lot of «brilliant» people in the industry, but cautioned that not all players in the sector are «good», with problems frequently stemming from the «not good» ones that make mistakes. «There may be problems here. I do not think it is systemic, but I do expect there to be problems,» he added.  Private capital fund managers have in recent years started to pivot their fundraising efforts toward the non-institutional space, with the likes of KKR, Apollo and Blackstone setting ambitious capital raising tar...

Apple said it’s looking for someone to lead the development of “fun new features" and “help build an application used by millions to watch and discover TV and sports." A spokesman for Apple declined to comment.Also Read | JPMorgan Chase's Jamie Dimon shares his morning routine: ‘I get up at 4.30, flip through five papers…’The move suggests that the company is looking to gain market share in video streaming — and is setting aside its rivalry with Android in order to chase additional users. It’s rare for Apple to develop software for Google’s Android, which competes with its iOS platform.The TV service, launched in 2019, is Apple’s answer to Netflix or Disney , and the company has spent heavily on feeding it with original content.

initial public offering, launched Tuesday, would be the largest by a US company this year if it prices at the top of its range to raise $1.04 billion.When it comes to all IPOs on US exchanges this year, it wouldn’t even make the top three.Also Read | JPMorgan Chase's Jamie Dimon shares his morning routine: ‘I get up at 4.30, flip through five papers…’The largest such offerings to date are by companies domiciled outside the US: Viking Holdings Ltd. in Bermuda, Amer Sports Inc.

JPMorgan Chase, has shared his morning routine. In an interview with the Wall Street Journal, Dimon was asked how he starts his day and spoke about the newspapers he reads to catch up with US and global events."I wake up usually at 4:35 am.

Bill Gross, the veteran bond investor often referred to as the “Bond King,” has spoken out about the potential impact of a Donald Trump presidency on the US bond market.

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Nasdaq closed at a record high on Monday while the S&P 500 gained slightly as technology stocks advanced ahead of Nvidia's highly anticipated earnings and investors gauged the timing of an interest rate cut by the Federal Reserve. The S&P 500 technology index led gains among the 11 major S&P sectors, rising 1.32%, helped by chipmakers such as Nvidia, which advanced 2.49% ahead of its quarterly results on Wednesday.