JPMorgan drops ‘equity’ from DEI program
Maria Bartiromo from Fox Business on the latest changes to JPMorgan Chase's diversity program as Big Bank reaffirms its commitment to merit-based employment, compensation and promotion. Wall Street Titan JP Morgan Chase makes that change Diversity, Equality, Inclusion (DEI) A memo seen by Fox Business shows that as part of the ongoing reform, banks have […]
Recession worries haven’t been the main driver of market sell-off: JPMorgan
Jeff Sica of Sircle Squared Alternative Investments says inflation is the economy's carbon monoxide. An analysis by JP Morgan suggests that the recent sale of US stock markets is not driven by concerns that the economy will fall into a recession. Increases uncertainty about the president's impact Donald Trump's Tariffs have plans for the economy, […]
JPMorgan credits coding assistant tool for boosting engineers’ efficiency
Tens of thousands of JPMorgan Chase software engineers have increased productivity by 10% to 20% using coding assistant tools developed by the bank, said Lori Beer, global chief information officer. The profits presented a “great opportunity” for lenders to assign engineers to other projects, and spoke to Reuters before Devup, an internal meeting hosted by […]
JPMorgan CEO Jamie Dimon says remote work ‘doesn’t work in our business’
Please see what you are clicking on foxbusiness.com. Jamie Dimon, CEO of JPMorgan Chase, defended his position from remote work to a group of college students, saying that teleworking “isn't going well in our business.” Dimon, 68, said he had “enough” virtual work when talking to students at Stanford University's Graduate School of Business last […]
CFPB drops lawsuit against JPMorgan, BofA, Wells Fargo alleging fraud on Zelle
The Consumer Financial Protection Agency told federal court on Tuesday it was withdrawing a lawsuit filed against three banks in December over processing payment services Zelle. The agency, which was effectively shut down by President Trump last month, has accused JPMorgan Chase, Bank of America and Wells Fargo of failing to protect consumers from hundreds […]
Exclusive | Widow shunned by JPMorgan in feud over husband’s $53K pension gets suprise check –
The New Jersey widow, who was paid out by JP Morgan in a fierce battle with her husband's $53,000 pension, received a surprise check on the overall total from a pair of strangers who “touched” her light letter, the Post learned. Elaine Silverberg, 73, was caught up in a 13-year feud and reclaimed money from […]
JPMorgan Chase CEO Admits US Banks ‘Push People Out of the System’ After Trump Hammers Chase, Bank of America Over Abrupt Account Terminations – The Daily Hodl
Jamie Dimon, CEO of JPMorgan Chase, is working on a debate over how and why some American citizens and businesses are being kicked out of the banking system. After meeting with a Republican lawmaker in Washington, D.C. on the subject of “getting away,” Dimon told reporters that Chase never drops clients to religious or political […]
JPMorgan exec calls for ‘more hustle’ after return to office mandate
JPMorgan Chase executives say they want thousands of employees to “more fuss” days after bank CEO Jamie Dimon corned staff against the five-day return policy to the office. He spoke. The memo shows tensions with JPMorgan's emphasis on employees citing flexible work policies while citing culture within the office and its strong performance. “We need […]
JPMorgan starts first round of layoffs with more cuts later this year: report
The JPMorgan Chase manager began notifying employees of job cuts last week as part of a series of layoffs expected by the bank throughout 2025. Barron's reported On Wednesday, I quote people familiar with the issue. Less than 1,000 employees will be fired in February, the report said, adding that the bank will announce more […]
JPMorgan Chase reportedly to start rounds of layoffs
Please see what you are clicking on foxbusiness.com. JPMorgan Chase reportedly has had several layoffs this year, and some workers at the company are beginning to be told they'll lose their jobs. Baron's Reported on Wednesday What some JPMorgan Chase employees learned from supervisors that they were affected by layoffs last week from supervisors. The […]