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☆ Epstein accuser seeks new testimony from JPMorgan's Jamie Dimon
▼ + stars: | 2023-06-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEpstein accuser seeks new testimony from JPMorgan's Jamie DimonCNBC's Eamon Javers reports on the latest news from J.P. Morgan's top executive, Jamie Dimon.

Persons: Epstein, JPMorgan's Jamie Dimon CNBC's Eamon Javers, Jamie Dimon

☆ JPMorgan's Jamie Dimon to meet with group of US House Democrats - Bloomberg News
▼ + stars: | 2023-06-06 | by ( ) www.reuters.com time to read: +1 min

June 5 (Reuters) - JPMorgan Chase & Co (JPM.N) Chief Executive Officer Jamie Dimon will meet privately with a group of moderate House Democrats on Tuesday, with banking and the U.S. economy on the agenda, Bloomberg News reported on Monday citing people familiar with the matter. Dimon will meet with the New Democratic Coalition in a closed-door lunch, the report said. JPMorgan and members of New Democratic Coalition did not immediately respond to Reuters requests for comment outside business hours. Last month, Bloomberg reported that Dimon along with other banking executives met with Senate Majority Leader Chuck Schumer, a New York Democrat, to discuss the federal debt limit. Reporting by Jose Joseph in Bengaluru; Editing by Jacqueline Wong & Simon Cameron-MooreOur Standards: The Thomson Reuters Trust Principles.

Persons: Jamie Dimon, Dimon, Chuck Schumer, Jose Joseph, Jacqueline Wong, Simon Cameron, Moore Organizations: JPMorgan Chase &, Democrats, Bloomberg, New Democratic Coalition, JPMorgan, New, New York Democrat, Thomson Locations: U.S, New York, Bengaluru

☆ JPMorgan CEO Jamie Dimon arrives at Capitol Hill to meet with House Democrats
▼ + stars: | 2023-06-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJPMorgan CEO Jamie Dimon arrives at Capitol Hill to meet with House DemocratsCNBC's Eamon Javers and JPMorgan's Jamie Dimon on 'Halftime Report' to discuss meeting with democrats on Capitol Hill, Dimon's presidential candidacy plans, and expectations for the Fed's July actions.

Persons: Jamie Dimon, Democrats CNBC's Eamon Javers Organizations: Democrats, Capitol

☆ JPMorgan's Jamie Dimon to visit Taiwan after China trip - Bloomberg News
▼ + stars: | 2023-06-02 | by ( ) www.reuters.com time to read: 1 min

June 1 (Reuters) - JPMorgan Chase & Co (JPM.N) Chief Executive Officer Jamie Dimon is planning to visit Taiwan after wrapping up his trip to China, Bloomberg News reported on Friday. Reporting by Mrinmay Dey in Bengaluru; Editing by Dhanya Ann ThoppilOur Standards: The Thomson Reuters Trust Principles.

Persons: Jamie Dimon, Mrinmay Dey, Dhanya Ann Thoppil Organizations: JPMorgan Chase &, Bloomberg, Thomson Locations: Taiwan, China, Bengaluru

HONG KONG, May 31 (Reuters Breakingviews) - Elon Musk may be China’s most popular American. State media quoted Musk saying the United States and China share “inseparable” interests and that Tesla opposes decoupling. This all provides the $638 billion Tesla with good political cover in the world’s largest automobile market. But for now Beijing and Musk are getting what they want out of the arrangement, and that means it is likely to endure. Reuters GraphicsFollow @petesweeneypro and @KatrinaHamlin on TwitterCONTEXT NEWSTesla Chief Executive Elon Musk visited China on May 30 for the first time since 2020.

Persons: Elon, Qin Gang, Musk, Xi Jinping, Elon Musk, Apple's Tim Cook, JPMorgan's Jamie Dimon, Laxman Narasimhan, Robyn Mak, Thomas Shum Organizations: Reuters, Foreign, Chinese Communist Party, Tesla’s, Twitter, CCP, SpaceX, Starbucks, Thomson Locations: HONG KONG, Beijing, Shanghai, China, Japan, Republic, India, Turkey, People’s Republic, United States, Washington

☆ JPMorgan's Jamie Dimon just sounded off on what it takes to be a good CEO
▼ + stars: | 2023-05-23 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

JPMorgan CEO Jamie Dimon has a take that might surprise you. Succession plans for the unofficial face of Wall Street have long been speculated on. One of the biggest issues we see on Wall Street, or in business more broadly, is an executive not knowing when to cut ties. Want to know what a Wall Street hiring raid looks like? Here's Wall Street's plan if the US defaults on its debt.

☆ This is the banking crisis that doesn't end
▼ + stars: | 2023-05-03 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

This is the banking crisis that doesn't end. So, about that banking crisis being over. The ink is barely dry on JPMorgan's agreement with regulators and it seems more regional banks are feeling the pain. Customers of regional banks are starting to ask questions about how safe their local lender is, the Financial Times reports. Here's more on how regional banks are still getting slammed despite JPMorgan's Jamie Dimon calling an end to the bank crisis.

☆ Wall Street's most important workers you've never thought of
▼ + stars: | 2023-05-02 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

And on Wall Street, where the volume of information continues to rise, application design and user interface is taking center stage. User interface and user experience have long been underappreciated in finance, which is ironic considering the public nature of the work. Read more about Citadel X, the $57 billion hedge fund's user experience and interface team. If you're still trying to understand the collapse of yet another regional bank, we've got you covered. The German bank is building out its investment bank as it eyes a potential return of M&A, the Financial Times reports.

☆ PacWest, Western Alliance lead regional bank sell-off of more than 20% a day after Jamie Dimon said the crisis had ended
▼ + stars: | 2023-05-02 | by ( Morgan Chittum | ) www.businessinsider.com time to read: +2 min

Shares of PacWest and Western Alliance each fell more than 25%, leading bank stocks lower on Tuesday. "This part of the crisis is over," JPMorgan's Jamie Dimon said after his bank took over First Republic. Shares of PacWest and Western Alliance fell as much as 26% and 27%, respectively. The S&P Regional Banks Select Industry Index fell 7%, while the KBW Regional Banking ETF fell 6%. The crash in regional bank shares comes a few days after First Republic Bank failed and was taken over by the Federal Deposit Insurance Corporation and its assets sold to JPMorgan.

☆ De-dollarization and global reserves dominance, explained by a top currency economist and the inventor of the 'dollar smile' theory
▼ + stars: | 2023-04-29 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

Stephen Jen, CEO of Eurizon SLJ Eurizon SLJStephen Jen is a leading economist, the cofounder and CEO of Eurizon SLJ, and inventor of the "dollar smile" theory. Phil Rosen: You pointed out recently that the dollar saw a steep erosion in 2022 as a global reserve currency. More likely, we will evolve from a unipolar reserve currency world to a multi-polar world. Here's what he said on a potential "tripolar" reserve currency setup if the dollar loses dominance. And here are the top stories from markets this week:Lauren Simmons, a trader at the New York Stock Exchange.

☆ From cooling inflation to a looming recession, here's what CEOs of the 5 largest US banks are predicting for the economy through 2023
▼ + stars: | 2023-04-22 | by ( Morgan Chittum | ) www.businessinsider.com time to read: +4 min

The world's largest banks reported earnings over the past week. Here is what some top bank CEOs are saying about the US economy during their earnings calls this season. JPMorgan CEO Jamie DimonThe Wall Street vet warned investors of looming "storm clouds" ahead. Bank of America CEO Brian MoynihanDuring an earnings call, Moynihan warned of a US recession but said inflation has showed signs of cooling. He allayed fears of a full-blown banking crisis, addressing the turmoil sparked by collapse of specialist banks like SVB last month.

☆ Goldman Sachs' David Solomon had the right idea. But that's only half the problem.
▼ + stars: | 2023-04-19 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

David Solomon at Goldman's 2023 investor day Screenshots by Emmalyse Brownstein and Dakin Campbell1. Goldman Sachs' $12.2 billion in revenue from Q1 fell short of analysts' estimates, which is never a good sign — but it's not a complete disaster. As Insider's Carter Johnson reported, there is a case to be made for a turnaround at Goldman led by its embattled CEO David Solomon. We've written a lot about the struggles at Goldman Sachs recently, and rightfully so. More on what David Solomon needs to do to get Goldman Sachs back on track.

☆ Millennium's new Miami-based engineering program is the latest shot in hedge fund's war for young tech talent
▼ + stars: | 2023-04-17 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +4 min

Insider's Bianca Chan has a first look at Millennium Management's new engineering training program for its Miami office. Click here to read more about Millennium's new training program for engineers in Miami. JPMorgan's Jamie Dimon, BlackRock's Larry Fink, Citigroup's Jane Fraser, and Wells Fargo's Charlie Scharf shared thoughts on the banking crisis during their respective earnings calls. The world's largest money manager is open to making some deals in the wake of the banking crisis. Despite all the chatter on the recent banking crisis, JPMorgan's CEO still had thoughts on the state of the wider economy.

☆ Everything you need to know as JPMorgan, Citi, Goldman Sachs, and other big banks report earnings
▼ + stars: | 2023-04-14 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

Bank of America and Goldman Sachs come in on Tuesday, with Morgan Stanley bringing up the rear on Wednesday. For a breakdown on the specific numbers, check out Markets Insider and the fantastic 10 Things Before the Opening Bell newsletter. Big banks poured $30 billion into First Republic in the midst of the banking crisis in an effort to shore up the wider market. And what about those pesky shadow banks? Never one to miss a good opportunity, shadow lenders are looking to step up where big banks are stepping back, Bloomberg reported.

☆ What JPMorgan's Jamie Dimon, BlackRock's Larry Fink, and other Wall Street CEOs are saying about the impact of the banking crisis
▼ + stars: | 2023-04-14 | by ( Carter Johnson | Rebecca Ungarino | Hayley Cuccinello | ) www.businessinsider.com time to read: +2 min

JPMorgan, BlackRock, Wells Fargo, and Citi reported earnings Friday. Top execs described their response to the banking crisis — and future opportunities. The message was clear, wrote Wells Fargo bank analyst Mike Mayo in a note to clients Friday. Quarterly earnings calls held with research analysts marked an opportunity for Wall Street's biggest executives to face questions about the impact of the March banking crisis on their firms' bottom lines. Here's what the leaders of JPMorgan, BlackRock, Wells Fargo, and Citigroup had to say about SVB.

☆ CNBC Daily Open: Growing recession fears
▼ + stars: | 2023-04-05 | by ( Jihye Lee | ) www.cnbc.com time to read: +2 min

(Photo by Roy Rochlin/Getty Images)This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. "Any crisis that damages Americans' trust in their banks damages all banks," he said – calling on regulators to keep better taps on banks' risk management. If the jobs market proves more resilient than that, the Federal Reserve has room to hike even further. Subscribe here to get this report sent directly to your inbox each morning before markets open.

☆ CNBC Daily Open: Mounting recession concerns
▼ + stars: | 2023-04-05 | by ( Jihye Lee | ) www.cnbc.com time to read: +2 min

NEW YORK, NEW YORK - MARCH 31: Skyscrapers loom over downtown Manhattan on March 31, 2022 in New York City. This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. We're seeing more signs that the U.S. economy is indeed slowing down following nine straight Federal Reserve rate hikes. Subscribe here to get this report sent directly to your inbox each morning before markets open.

In this article CTRN Follow your favorite stocks CREATE FREE ACCOUNTCommuters exit a Wall Street subway station near the New York Stock Exchange (NYSE) in New York, US. Yet, even as layoffs in tech and beyond mount, employees are pushing back against leaders who issue return-to-office mandates. Companies that look to recreate a pre-pandemic way of working are going to be left behind when it comes to keeping and attracting the best talent. At the CFO meeting, she told a majority male group of finance leaders to look around the room. And believe me, if being in the office was going to work to get more women and people of color promoted, it would have happened already.

March 28 (Reuters) - Jamie Dimon, the chief executive of JPMorgan Chase & Co (JPM.N), will be interviewed under oath over the bank's relationship with late sex offender and former client Jeffrey Epstein, a lawyer involved in the case said on Tuesday. Epstein had been a JPMorgan client from 2000 to 2013 - five years after he pleaded guilty to a Florida prostitution charge. He had been friendly with Epstein but expressed regret for the relationship and has denied any involvement in Epstein's illegal activity. Deutsche Bank AG (DBKGn.DE), where Epstein was a client from 2013 to 2018, is also being sued by the financier's accusers. Epstein killed himself in a Manhattan jail cell at age 66 in August 2019 while awaiting trial for sex trafficking.

Epstein had been a JPMorgan client from 2000 to 2013, with the last five years coming after he had pleaded guilty to a Florida prostitution charge. The bank is also suing Jes Staley, a former private banking chief and later Barclays Plc (BARC.L) chief executive who had been friendly with Epstein. JPMorgan wants Staley to reimburse it for eight years of compensation and damages it might incur in the other lawsuits. Deutsche Bank AG (DBKGn.DE), where Epstein was a client from 2013 to 2018, is also being sued by the financier's accusers. Epstein killed himself in a Manhattan jail cell at age 66 in August 2019 while awaiting trial for sex trafficking.

☆ Fintech has a fraud problem, and the onus is on you to figure it out
▼ + stars: | 2023-03-29 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Fintech's fraud misfortune. Which brings us to a story by Insider's Bianca Chan and Paige Hagy about concerns over the prevalence of fraud within consumer-facing fintechs in recent years. Click here to read more about fintech's fraud problem. We've also got the deck StellarFi, a fintech that helps users improve their credit score, used to raise $15 million. For more than 50 different decks used by fintechs to raise fresh funds, check out our library.

☆ Cramer says it might be smart to do some selling and raise cash
▼ + stars: | 2023-02-23 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCramer says it might be smart to do some selling and raise cashMad Money host Jim Cramer talks about today's market activity, his interview with JPMorgan's Jamie Dimon and how Nividia built such a huge lead over its competitors.

☆ We're gonna open branches, the Fed makes no difference, says JPMorgan's Jamie Dimon
▼ + stars: | 2023-02-23 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're gonna open branches, the Fed makes no difference, says JPMorgan's Jamie DimonMad Money host Jim Cramer sits down with JPMorgan CEO Jamie Dimon to discuss his big bet in Philadelphia, the Fed, the economy and his outlook for 2023.

☆ Watch CNBC's full interview with JPMorgan's Jamie Dimon
▼ + stars: | 2023-01-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with JPMorgan's Jamie DimonJamie Dimon, JPMorgan Chase chairman and CEO, joins 'Squawk Box' to discuss Dimon's thoughts on the economy, what Dimon is advising clients at this time and the United States' relationship with China.

☆ JPMorgan's Jamie Dimon lays out economic forecast for 2023 and worries over geopolitical conflict
▼ + stars: | 2023-01-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJPMorgan's Jamie Dimon lays out economic forecast for 2023 and worries over geopolitical conflictJamie Dimon, JPMorgan Chase chairman and CEO, joins 'Squawk Box' to discuss Dimon's thoughts on the economy, what Dimon is advising clients at this time and the United States' relationship with China.

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