JPMorgan Chase

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.

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.

The stock sale would be the first such transaction for the longtime JPMC CEO during his 18-year tenure.

The mega bank predicts the traditional investing strategy will outperform both cash and inflation in the next 10 years.

Tens of billions of dollars in taxable assets on Raymond James' managed account platform will get upgraded tools by mid-2024, the firms say.

The banking giant also reported a whopping 36% increase in net income for its banking and wealth management unit.

The new offering will be only open to accredited investors and qualified clients.