JPMorgan Chase
JPMorgan Chase is one of the largest and most complex financial institutions in the United States, with nearly $4 trillion in assets. It is organized into four major segmentsconsumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management.
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Two frontrunners have emerged as possible successors to the long-serving CEO, but even more potential candidates wait in the wings.
December 18 -
The restructuring is further evidence of the megabank's commitment to adding to its stable of branch-based advisors.
December 8 -
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.
November 9 -
The inquiry into Wells Fargo comes at a time when clients can often secure much better rates of return through money markets and certificates of deposit.
November 2 -
The stock sale would be the first such transaction for the longtime JPMC CEO during his 18-year tenure.
October 27 -
The mega bank predicts the traditional investing strategy will outperform both cash and inflation in the next 10 years.
October 19 -
Tens of billions of dollars in taxable assets on Raymond James' managed account platform will get upgraded tools by mid-2024, the firms say.
October 16 -
The banking giant also reported a whopping 36% increase in net income for its banking and wealth management unit.
October 13 -
The new offering will be only open to accredited investors and qualified clients.
October 10 -
Two financial advisors left JPMorgan Securities and one left Capital Group's high net worth unit for the fast-growing midsize firm.
October 5
