Big banks are quietly cutting thousands of employees, and more layoffs are coming
The largest American banks have been quietly laying off workers all year — and some of the deepest cuts are…
JPMorgan Chase CEO Jamie Dimon warns this is ‘the most dangerous time’ for the world in decades
JPMorgan Chase delivered strong profits for the third quarter along with a stern warning Friday from its top executive about…
JPMorgan Chase tops profit expectations on higher rates, benign credit
JPMorgan Chase on Friday topped analysts’ estimates for third-quarter profit and revenue as the bank generated more interest income than…
Investors see 2023 gain as a bear market bounce and expect a recession next year, CNBC survey shows
A majority of Wall Street investors haven’t taken solace in stocks’ 2023 gains, thinking the market could retreat further as…
Fed’s Neel Kashkari sees 40% chance of ‘meaningfully higher’ interest rates
Minneapolis Federal Reserve President Neel Kashkari thinks there’s nearly a 50-50 chance that interest rates will need to move significantly…
JPMorgan Chase settles Jeffrey Epstein sex trafficking suit by U.S. Virgin Islands for $75 million
JPMorgan Chase said Tuesday it will pay $75 million to settle a lawsuit by the U.S. Virgin Islands alleging that…
Dimon warns that the Fed could still raise interest rates sharply from here
JPMorgan Chase CEO Jamie Dimon is warning that interest rates could go up quite a bit further as policymakers face…
‘We have dealt with recessions before’: Jamie Dimon says geopolitics is the world’s biggest risk
JPMorgan Chase CEO Jamie Dimon says geopolitics after Russia’s invasion in Ukraine is the biggest risk, larger than high inflation…
Jamie Dimon says it’s a ‘huge mistake’ to think economy will boom with so many risks out there
JPMorgan Chase CEO Jamie Dimon said Monday that while the U.S. economy is doing well, it would be a “huge…
Jeffrey Epstein referred Obama White House counsel to JPMorgan as potential customer
Sex predator Jeffrey Epstein was involved in establishing a client relationship between Obama White House counsel Kathryn Ruemmler and JPMorgan…
