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JPMorgan warns S&P 500 could tumble 20% by the end of the year

Joyce Fleming and Greg Piazza discuss how rising costs are forcing people back to work. of US Stock Market The stock hit a record high last week, but analysts at JPMorgan say problems could still arise. Marko Kolanovic, J.P. Morgan’s chief market strategist, has one of the most pessimistic forecasts on Wall Street. He and […]

JPMorgan Chase CEO Jamie Dimon, 68, hints he’ll retire sooner than expected

JPMorgan Chase & Co. Chief Executive Jamie Dimon has indicated he may step down as head of the nation’s largest financial institution sooner than widely expected. The 68-year-old Wall Street mogul told analysts at JPMorgan Chase & Co.’s Investor Day on Monday. [for his retirement] It’s been less than five years. ” He did not […]

JPMorgan Chase CEO Jamie Dimon lays out his timeline for retirement

JPMorgan Chase CEO Jamie Dimon highlighted recent concerns about the U.S. economy and the expected impact of looming banking regulations. JPMorgan Chase CEO Jamie Dimon He told analysts and investors on Monday that he is likely to leave the company within the next five years as succession planning begins to come into focus. Dimon made […]

JPMorgan CEO Jamie Dimon signals retirement is closer than ever – CNBC

JPMorgan Chase CEO Jamie Dimon attends the UK Global Investment Summit held at Hampton Court Palace on Monday, November 27, 2023 in London, England. Bloomberg | Bloomberg | Getty Images Jamie Dimon’s time as CEO of JPMorgan Chase & Co. is numbered, but it’s unclear how long he will last. Mr. Dimon responded Monday to […]

JPMorgan Chase CEO Jamie Dimon warns interest rates could stay high

Wall Street may be ready to declare victory over sky-high inflation, but Jamie Dimon thinks the fight is far from over. The head of JPMorgan Chase & Co. says investors will have to endure an extended period of high interest rates as price pressures are exacerbated by rising costs, rising defense spending, a ballooning budget […]

JPMorgan Chase CEO Jamie Dimon warns of fiscal deficit

JPMorgan Chase & Co. CEO Jamie Dimon said Wednesday that the U.S. needs to pay down its budget deficit sooner rather than later, before the issue escalates into a “much more unpleasant” crisis in the future. I warned you. “America has spent a lot of money,” Dimon told Sky News on Wednesday. The bank’s chief […]

NYCB Sells $5 Billion in Loans to JPMorgan – PYMNTS.com

new york community bank (NYCB) has sold $5 billion in loans to: JP Morgan Chase. These sales aremortgage warehouse loanThe aim is to strengthen the capital and liquidity of local banks, according to a press release on Tuesday (May 14). “It is consistent with the recent guidance between us. income Thank you. We are moving […]

JPMorgan Chase DEI style guide nixes terms like ‘manpower’ and ‘blacklist’

Jumping through these linguistic hoops is no easy task. JPMorgan Chase employees scoffed at a recently released diversity equity and inclusion style guide that cracks down on anti-“woke” language. A glossary of “not recommended” words and phrases is on the company’s intranet and was obtained by the Post courtesy of an anti-woke whistleblower. “Our language […]

JPMorgan CEO Jamie Dimon reveals ‘near death’ heart surgery

JPMorgan Chase CEO Jamie Dimon has admitted that he suffers from “PTSD” following a “near-death” heart surgery in 2020. “As I was being wheeled into the operating room for the dissection, I knew it was a 50-50 chance,” Dimon, 68, said of the acute aortic dissection he suffered four years ago. What Mayo Clinic Explains […]

Seizure of $440M in JPMorgan funds ordered in suit over US-Russia sanctions

A Russian court has ordered the seizure of $439.5 million in funds from Russian bank accounts frozen by JPMorgan Chase & Co., the largest US financier, after the invasion of Ukraine, according to court filings. Wednesday’s court ruling came after state-owned VTB Bank filed a lawsuit with the St. Petersburg Arbitration Court after the Russian […]