JPMorgan Chase

Representation of women and minorities remains “startlingly” low.

Work output was particularly affected on Mondays and Fridays, according to findings discussed by CEO Jamie Dimon in a private meeting with analysts.

The new order applies to managing directors and executive directors who oversee subordinates, according to a person briefed on the plans.

Pressing the bank for examples of non-solicitation violations, the judge cut off JPMorgan’s attorney: “you are dancing all around my question.”

Total fees for the top 10 gold ETFs, based on current prices and holdings, are about $610 million a year.

The advisor is asking a judge to reconsider the order, saying he wasn’t given a chance to defend himself against accusations of violating a non-solicitation agreement.

The pandemic and work-from-home arrangements are probably spurring larger budgets.

It’s the second consecutive quarter that trading set a record, as the bank’s Wall Street unit is helping prop up the consumer-lending division.

Observing the day is one way wealth management firms are trying to respond to civil unrest.

The death of George Floyd in Minneapolis and other fatal police encounters now fueling protests nationwide have prompted executives from almost every major bank and investment firm to speak out.

The changes follow new leadership of the bank’s recently unified wealth management operations.

The policy shift involves a modest number of advisors in Texas as wealth managers also gear up for office reopenings.

Wells Fargo will temporarily stop accepting applications for home equity lines of credit, following a similar move by rival JPMorgan Chase.

About 5,500 large customers of the commercial banking business applied for funding. Nearly all of them got loans.

The nation's largest bank is temporarily reducing its exposure to the mortgage market amid rising unemployment and estimates that home prices could drop by 10%.

Phil Sieg, who has 35 years of industry experience, will help the bank’s advisors grow their practices.

Vanguard reclaimed its top spot in J.D. Power’s annual ranking of self-directed investor satisfaction. Charles Schwab retained its position as a leader among DIY investors.

Though hopeful for a second-half bounceback in the economy, JPMorgan Chase is prepared for 20% unemployment, lackluster GDP and losses in its loan portfolio that could reach tens of billions of dollars.

The damage hints at what’s to come when the rest of Wall Street reports results this week.

If the price declines enough, it can breach a barrier where the investor starts suffering one-for-one losses all the way to zero.