JPMorgan releases its annual summer reading list

JPMorgan Chase CEO Jamie Dimon doesn’t see a recession coming FoxNews.com columnist Liz Peek, former investment banker Carol Roth, former Pennsylvania governor Ed Rendell (D) and Kaltbaum Capital Management President Gary Kaltbaum on JPMorgan Chase CEO Jamie Dimon’s claim that the U.S. won’t see a recession for the next few years. JPMorgan released its summer reading list for those looking […]

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Investors most neutral on U.S. Treasuries since January – survey

June 11 (Reuters) – Bond investors turned the most neutral on longer-dated U.S. Treasuries in about five months as U.S. President Donald Trump calling off tariffs on Mexico offset weaker-than-expected data on U.S. payrolls in May, a J.P. Morgan survey showed on Tuesday. The share of investors who said they were neutral or holding longer-dated U.S. government debt equal to […]

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Why JPMorgan Chase CEO Jamie Dimon compares his bank to Netflix

JPMorgan’s Dimon not seeing a recession in next couple years JPMorgan Chase CEO Jamie Dimon on concerns over technology’s impact on the job market, the state of the U.S. economy and the rise in capital expenditures. In a bid to oppose the idea that banks have volatile financial results, JPMorgan Chase CEO Jamie Dimon says investors should think about his […]

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JPMorgan profit beat eases fear of slowing economy

(Reuters) – JPMorgan Chase & Co posted a better-than-expected quarterly profit on Friday, easing fears that slowing economic growth could weigh on its results. The largest U.S. bank by assets showed strength across its businesses in the first quarter, driven by what Chief Executive Jamie Dimon described as solid growth in the U.S. economy, moderate inflation and strong consumer and […]

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JPMorgan Downgrades General Electric Stock

Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope… Four months ago, investment banker JPMorgan sparked a rally in General Electric (NYSE: GE) stock when it awarded the […]

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JPMorgan to spend $350 million on skills

Like many companies, JPMorgan Chase expects artificial intelligence and other new technologies will change how its employees will work over the next decade. The company announced recently that it will spend $350 million over five years to support training programs, invest in community colleges and conduct research on ways to help less-skilled workers find better jobs and careers. The goal […]

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JPMorgan says it will stop bankrolling private prisons

Lawmakers agree on new prison reform bill “Stacy on the Right” host Stacy Washington discusses the proposed bipartisan prison reform bill. JPMorgan Chase – the largest U.S. bank– announced on Tuesday it would stop funding private prison operators, following criticism related to President Trump’s immigration policies. Continue Reading Below “JPMorgan Chase has a robust and well established process to evaluate […]

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Blockchain Platform VAKT Names Ex-JPMorgan Exec. New CEO

Blockchain platform VAKT announced the appointment of former JPMorgan executive Etienne Amic as its new Chief Executive Officer. VAKT created a blockchain-powered post-trade processing and management platform for commodities. Amic, with his experience at JPMorgan Chase and Mercuria Energy Trading S.A. in commodities trading, is in a role that will help to achieve VAKT’s aim of changing the face of […]

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