JPMorgan Chase

The federal banking regulator agrees that the former employees' claims against the failed regional bank don't belong in FINRA arbitration.

Industry experts who track comings and goings at large firms say the advisor staff figures often obscure more than they reveal.

The banking giant has already settled two other similar disputes with regulators.

Three advisory teams managing $10 billion in the San Francisco area are among an ongoing wave of departures from the biggest U.S. bank.

An industry recruiter said the Bank of America subsidiary has become almost "unhinged" with the amount of money it's willing to offer advisors it's recruiting.

The banking giant nonetheless saw strong growth in net new assets in the first quarter and a 14% jump in returns from asset management fees.

An expungement lawyer contends firms have an incentive to tar the reputation of departing brokers in an attempt to retain assets under management.

FP's annual ranking displays the impact of big one-time awards for four executives and a look at which chiefs netted the biggest increases and decreases in 2023.

A magistrate judge finds the clients' family failed to put forward 'legally sound' claims that JPMorgan breached any duties by putting an elderly couple into risky securities tied to oil and gas.

From C-suites down, American finance is quietly reassessing its promises to level the playing field — and, in many cases, rolling them back.

Wells Fargo's Charlie Scharf and Morgan Stanley's James Gorman recorded the biggest gains among the CEOs whose compensation has been disclosed so far.

The shuffling comes halfway through the longtime CEO's five-year retention package.

The board granted Dimon a $1.5 million salary and $34.5 million of performance-based incentive compensation.

The banking giant's plans are an outlier in an industry that has been shedding jobs.

The gains in assets under management come as the banking giant continues to add to its advisor headcount.

As the Fed promises to cut rates, investors are eagerly awaiting a drop in bond yields — and a big jump in prices.

Two frontrunners have emerged as possible successors to the long-serving CEO, but even more potential candidates wait in the wings.

The restructuring is further evidence of the megabank's commitment to adding to its stable of branch-based advisors.

The release of ChatGPT a year ago prompted banks to hire for AI-related positions and begin testing uses for generative AI, which can summarize documents, write emails and churn out clever responses to users. JPMorgan is hiring and moving more aggressively than most banks.