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Search resuls for: "JPMorgan’s Dimon"


5 mentions found


☆ Premarket stocks: The rich and powerful are meeting in Davos. Here’s what they’re talking about
  + stars: | 2024-01-16 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +8 min
Climate catastrophes: Climate change is a hot topic as leaders meet to discuss balancing economic growth with sustainability. Davos comes just days after scientists around the globe reported that the average temperatures last year reached a new record high. The report also said that cooperation among global leaders on the issue is scarce. So while leaders will likely discuss the use of fossil fuels and green development, there may not be much agreement. Leaders gathered in Davos Sunday to discuss Ukrainian President Zelensky’s 10-point peace plan to end Russia’s war with his country.
Persons: Isaac Herzog, Volodymyr Zelensky, Emmanuel Macron, Li Qiang, Antony Blinken, Jake Sullivan, John Kerry, Satya Nadella, Sam Altman, Jamie Dimon, Brian Moynihan, Larry Fink, Donald Trump, ”, Philipp Hildebrand, CNN’s Richard Quest, ” “, ” Nicolai Tangen, CNN’s, “, Kristalina Georgieva, OpenAI’s Altman, Microsoft’s, Zelensky’s, JPMorgan’s Dimon, Herzog, Klaus Schwab, Tami Luhby, Elon Musk, Bernard Arnault, Jeff Bezos, Larry Ellison, Warren Buffett, Nabil Ahmed, ” Ahmed, Jordan Valinsky, Comité Organizations: New, New York CNN, World Economic, National, Business, Microsoft, JPMorgan, Bank of America, BlackRock, Republican, GOP, ” BlackRock, Bank, Norges Bank, International Monetary Fund, IMF, State, Amazon, Oracle, Berkshire Hathaway, Oxfam, Workers Locations: New York, Davos, United States, Iowa, Europe, Taiwan, India, Mexico, China, Covid, Champagne, France
☆ JPMorgan’s Dimon Denied Having Any Contact With Jeffrey Epstein
  + stars: | 2023-05-31 | by ( Matthew Goldstein | ) www.nytimes.com   time to read: +1 min
When it comes to JPMorgan Chase’s nearly 15-year business relationship with Jeffrey Epstein, Jamie Dimon, the bank’s longtime chief executive, claims to have little firsthand knowledge about the disgraced financier. During a deposition taken on Friday, Mr. Dimon repeatedly denied meeting Mr. Epstein, or communicating with him, and also said he had no recollection of being briefed by his top lieutenants at the nation’s largest bank on one of its most notorious customers. Mr. Dimon said he had barely heard of Mr. Epstein before his July 2019 arrest on federal sex trafficking charges and death by suicide in a New York jail cell a month later. “I don’t recall knowing anything about Jeffrey Epstein until the stories broke sometime in 2019, and I was surprised that I didn’t even — had never even heard of the guy, pretty much. And how involved he was with so many people,” Mr. Dimon said during an all-day deposition taken at JPMorgan’s headquarters in Manhattan.
Persons: Jeffrey Epstein, Jamie Dimon, Dimon, Epstein, Epstein’s, Mr, — Organizations: JPMorgan Chase’s, The New York Times Locations: Florida, United States, New York, Manhattan
☆ Premarket stocks: Why a US recession is probably coming
  + stars: | 2023-05-02 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +6 min
That would catapult the United States into recession during the second half of 2023 (Europe and the UK will feel it even earlier). It’s possible that the economy sees disinflation in a way that it hasn’t in previous cycles.”Has the gig economy peaked? So is the height of the gig economy behind us? “It hasn’t changed anything about the odds of a recession,” the chief executive said in response to a question from CNN during a press call. “Down the road, rates going way up, real estate, recession — that’s a whole different issue.
☆ With First Republic, JPMorgan’s Dimon Gets Over Financial Crisis Laments
  + stars: | 2023-05-01 | by ( Telis Demos | Aaron Back | ) www.wsj.com   time to read: 1 min
JPMorgan Chase & Co. bought First Republic Bank early Monday after the Federal Deposit Insurance Corp. took over the troubled lender. Three of the four biggest U.S. bank failures have occurred in the past two months. Photo: Jeff Chiu/APWhen it comes to taking on troubled banks, this time may be different for JPMorgan Chase . The U.S.’s biggest bank has stepped up to acquire the deposits and most of the assets of First Republic Bank , which was closed by the Federal Deposit Insurance Corp. in the early hours of Monday morning. The deal has echoes of past rescues by JPMorgan, but may have a happier ending.
☆ Premarket stocks: JPMorgan steals the show as banks lift curtain on earnings
  + stars: | 2023-04-17 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +7 min
All beat estimates: PNC (PNC) and Wells Fargo (WFM) by about 9%, Citi by around 13% and JPMorgan (JPM) by nearly 21%. PNC stock also felt the pressure. Before the Bell spoke with Steve Sosnick, chief strategist at Interactive Brokers, to discuss Friday’s big bank earnings and explain that stock discrepancy. I’ve always complained about banks reporting their quarterly earnings first because they’re extraordinarily idiosyncratic. Why did JPMorgan stock outperform its competitors?
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