|Bid||138.19 x 800|
|Ask||138.15 x 1000|
|Day's range||135.45 - 138.23|
|52-week range||101.28 - 144.34|
|Beta (5Y monthly)||1.08|
|PE ratio (TTM)||10.15|
|Earnings date||14 Jul 2023|
|Forward dividend & yield||4.00 (2.95%)|
|Ex-dividend date||05 Jul 2023|
|1y target est||160.53|
The new cuts at the Wall Street giant amount to roughly 250 positions, following two previous rounds of layoffs.
JPMorgan CEO Jaime Dimon raised eyebrows when he hinted at a possible run for public office. But he would have to leave JPMorgan first. Yahoo Finance's David Hollerith takes a closer look at who could potentially succeed Dimon as CEO.
A rise in funding costs due to higher rates, waning loan demand, weakening asset quality and recession risk will hurt Zacks Major Regional Banks' financials. Yet, industry players like JPM, BAC & C are worth watching on restructuring and digitization efforts.
The CEO said he doesn't recall his executives raising concerns about Epstein during the period when the convicted sex predator was a customer of the bank.
Bank’s chief executive testifies that former general counsel had ‘ability to override’ other executives
JPMorgan Chase & Co. (JPM) closed the most recent trading day at $135.71, moving -1.27% from the previous trading session.
The billionaire hedge-fund manager offered the boss of the nation's biggest bank a glowing endorsement.
Will JPMorgan CEO Jamie Dimon run for president? The CEO has hinted at a run for public office, but Yahoo Finance senior columnist Rick Newman says Dimon winning the White House would be a long shot.
JPMorgan's (JPM) asset management unit enters a partnership with Clearwater (CWAN) to integrate the latter with its Morgan Money platform.
Bank stocks have been pretty volatile over the past few months, fueled by several factors -- interest rates, the economy, and high-profile bank failures, to name a few. One of the best performers last quarter was JPMorgan Chase (NYSE: JPM), the largest U.S. bank. JPMorgan Chase was arguably the sturdiest large bank in the country before the regional banking crisis occurred in March, and it may have emerged from that turmoil even stronger.
Succession's Roy family may not have found a happy ending, but at least they have a place to [SPOILERS] stash all those billions from their big...
Machine learning may seem like an intangible concept if you're not an engineer. JPMorgan Chase is working on AI tools that anyone can figure...
JPMorgan (JPM) cuts almost 500 jobs across several divisions after slashing 1,000 jobs at First Republic Bank.
Morgan Stanley (MS) receives permission from the CSRC to set up a futures company in China.
When JPMorgan Chase bought First Republic Bank in May, all eyes were on its CEO, Jamie Dimon. Here’s how the executive’s strategy for managing risk propelled him to the top of the banking world. Photo illustration: John McColgan
JPMorgan Chase’s chief executive Jamie Dimon affirmed under oath that he never met the bank’s former client Jeffrey Epstein, nor was involved in any internal decisions to retain the disgraced late financier after concerns were raised about his sex crimes, the company said on Friday. During sworn testimony on Friday, “our CEO repeatedly confirmed that he never met with [Epstein], never emailed him, does not recall ever discussing his accounts internally, and was not involved in any decisions about his account”, the bank said in a statement. “There are millions and millions of emails and other documents that have been produced in this case and not one comes close to even suggesting that he had any role in decisions about Epstein’s accounts.”
The layoffs will affect employees across the bank's main businesses -- consumer, commercial banking, asset and wealth management -- as well as technology and operations, the source said. JPMorgan is the largest U.S. lender. JPMorgan declined to comment.
JPMorgan Chase & Co Chief Executive Jamie Dimon said in a deposition on Friday that he had never met or communicated with late sex offender and former bank client Jeffrey Epstein, the bank said. The largest U.S. bank faces lawsuits seeking damages by women who claim that Epstein sexually abused them, and by the U.S. Virgin Islands, where the late financier had a home. Epstein was a JPMorgan client from 2000 to 2013, remaining so after pleading guilty in 2008 to a Florida state prostitution charge.
As part of the integration process, JPMorgan (JPM) and First Citizens BancShares (FCNCA) announce layoffs at acquired First Republic Bank and Silicon Valley Bank, respectively.
Smart Beta ETF report for JPIN
JPMorgan Chase (NYSE: JPM), the largest bank by assets in the U.S., currently has an annual dividend yield of roughly 2.9%. While that's certainly respectable, JPMorgan hasn't raised its quarterly dividend since 2021, which might make investors that buy the stock at least partly for the dividend wonder when the next increase is coming. Will JPMorgan Chase boost its dividend this year?
JPMorgan Chase & Co. (JPM) closed at $135.67 in the latest trading session, marking a +0.24% move from the prior day.
JPMorgan Chase is cutting about 1,000 First Republic employees following its rushed takeover of the California-based bank earlier this month, said people familiar with the matter. The job losses, which will be felt across all of First Republic’s businesses, are equal to about 15 per cent of its roughly 7,000 workers, the people said. JPMorgan notified the affected First Republic employees on Thursday that they would not be receiving an offer to move to JPMorgan, one of the people said.
JPMorgan Chase & Co on Thursday unveiled new accusations that the U.S. Virgin Islands was complicit in Jeffrey Epstein's sex crimes, including that a former first lady for the territory sought student visas for some of the disgraced financier's victims. The largest U.S. bank also singled out Governor Albert Bryan as being among government officials who maintained "close ties" with Epstein, saying that in 2018 he arranged donations from Epstein to schools and little leagues. JPMorgan made the accusations in a filing in Manhattan federal court, where the U.S. Virgin Islands wants the bank held liable in a civil lawsuit for keeping Epstein as a client from 1998 to 2013, the last five years after he pleaded guilty to prostitution.