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JPMorgan to build huge new UK HQ in London's Canary Wharf

JPMorgan said today it would build a three million square foot (280,000 square metre) tower in the Canary Wharf financial district in East London, committing a big investment to Britain on the heels of a closely watched UK budget that has sought to reassure investors of the UK's finances.

Business • 1 hr

JPMorgan profit rises on investment banking boom

JPMorgan Chase has today raised its full-year forecast for net interest income, after a strong performance in its trading and investment banking businesses helped it beat expectations for third-quarter profit.

Business • 14 Oct

JPMorgan Chase CEO Jamie Dimon has demanded more efficiency from staff and stressed that employees have a choice whether to work at the bank

JPMorgan CEO Dimon dismisses in-office work pushback

JPMorgan Chase CEO Jamie Dimon scorned calls from some employees to soften the bank's five-day return-to-office policy in an animated town hall meeting this week, according to a recording reviewed by Reuters.

Business • 13 Feb

JPMorgan Chase is the biggest lender in the US

JPMorgan's first quarter profit rises by 6%

JPMorgan Chase's profit rose in the first quarter as it earned more from interest payments, the bank said today.

Business • 12 Apr 24

Jamie Dimon is due to complete 18 years at the helm of JP Morgan - the largest US bank by assets

JPMorgan says CEO transition is a top priority

JPMorgan said today that an orderly CEO transition is the top priority for its board in the medium term, as Jamie Dimon completes 18 years at the helm of the largest US bank by assets.

Business • 08 Apr 24

JP Morgan Chase set aside nearly $3 billion to help refill a fund used to backstop failed banks that was drained after regional lenders collapsed last year

JPMorgan's profit shrinks as it refills insurance fund

JPMorgan Chase's profit fell in the fourth quarter as the lender set aside nearly $3 billion to help refill a government deposit insurance fund.

Business • 12 Jan 24

JP Morgan Chase's chief executive Jamie Dimon

JPMorgan profit beats Q3 estimates on interest income

JPMorgan Chase has today beaten expectations for third-quarter profit as a tighter monetary policy and the acquisition of failed First Republic Bank drove its interest income to a record high.

Business • 13 Oct 23

The US economy continues to be resilient, JP Morgan Chase's CEO Jamie Dimon said today

JPMorgan profit rises on higher interest income in Q1

JPMorgan Chase has today posted a 67% jump in profit for the second quarter as it earned more from borrowers' interest payments and benefited from the purchase of First Republic Bank.

Business • 14 Jul 23

JPMorgan Chase said it would not have continued doing business with Epstein if it had been aware of his crimes

JPMorgan to pay $290m to settle case over Epstein ties

JPMorgan Chase has agreed to pay about $290m to settle a class action lawsuit by victims of Jeffrey Epstein, a person familiar with the matter said, resolving a large part of litigation over the bank's relationship with the disgraced financier.

Business • 12 Jun 23

JPMorgan Chase & Co chief executive Jamie Dimon

US banks warn of recession as inflation hurts consumers

The biggest US banks are bracing for a worsening economy next year as inflation threatens consumer demand, according to executives.

Business • 07 Dec 22

Jamie Dimon's annual pay package as up 10% to $34.5m for 2021

JPMorgan shareholders vote disapproval of CEO's payout

In an unusual rebuke for Jamie Dimon, CEO of JPMorgan Chase & Co, shareholders have clearly disapproved of the special $52.6m stock option award directors gave him last year to stay on the job for at least five more years.

Business • 18 May 22

JPMorgan's Dimon warns of economic uncertainties ahead

JPMorgan Chase & Co has today reported a lower-than-expected quarterly profit as dealmaking slowed and the lender started building loan loss reserves in the face of decades-high inflation and the Ukraine crisis.

Business • 13 Apr 22

A weaker performance at the bank's trading arm took the shine off a boom in investment banking

JPMorgan's Q4 profit falls on trading slowdown

JPMorgan Chase & Co reported a fall in fourth-quarter earnings today as a weaker performance at its trading arm took the shine off a boom in investment banking.

Business • 14 Jan 22

Dimon regrets comment on China Communist Party

JPMorgan Chase chief executive Jamie Dimon said he regretted his remarks that the Wall Street bank would last longer than China's Communist Party (CPC), moving quickly to avoid any longer-term fallout.

Business • 25 Nov 21

French President Emmanuel Macron and JP Morgan CEO Jamie Dimon inaugurate the new French headquarters of the US bank today

Paris gets new JPMorgan trading hub in post-Brexit push

French President Emmanuel Macron inaugurated JPMorgan's new trading hub in Paris today, as France pitches for more banking jobs and tries to lure finance workers looking to leave London after Brexit.

Business • 29 Jun 21

The bank's net income rose to $12.1 billion in the quarter ended December 31, from $8.5 billion a year earlier

JPMorgan Q4 profit jumps on investment banking strength

JPMorgan Chase & Co has today reported a higher fourth-quarter profit, as strength in trading and investment banking offset the drag of low borrowing rates on interest income at the largest US bank's lending business.

Business • 15 Jan 21

JP Morgan Chase's CEO Jamie Dimon said the economy was facing a 'fairly severe' recession

JPMorgan profit dives as banks brace for loan defaults

JPMorgan Chase & Co's profit plunged by more than two-thirds in the first quarter as the largest US bank put aside nearly $7 billion in reserves to protect it from a wave of potential loan defaults in the months ahead.

Business • 15 Apr 20

JP Morgan Chase & Co CEO Jamie Dimon said the largest US bank could suspend its dividend if the coronavirus crisis deepens

JPMorgan CEO Dimon calls 'bad recession'

JPMorgan Chase's boss Jamie Dimon today said he sees a "bad recession" in 2020, and that the largest US bank could suspend its dividend if the coronavirus crisis deepens.

Business • 06 Apr 20

JPMorgan Chase & Co's CEO Jamie Dimon said that US consumers remains 'healthy'

JPMorgan profit boosted by bond trading in Q3

JPMorgan Chase & Co today beat Wall Street estimates for quarterly profit by a wide margin, underpinned by strength in bond trading and underwriting.

Business • 15 Oct 19

JP Morgan Chase & Co's chief executive Jamie Dimon

JPMorgan tops estimates on higher interest income

JPMorgan Chase & Co has today reported a better-than-expected quarterly profit, as higher interest income and gains in the bank's advisory and debt underwriting business offset weakness in trading.

Business • 12 Apr 19

JP Morgan CEO Jamie Dimon had a tough time at hearing in Washington

Politician blasts billionaire bank chief over low pay

A congresswoman left the billionaire CEO of US bank JP Morgan Chase red-faced when she confronted him on the consequences of the bank's low wages for a single-mother who works for the bank.

US • 12 Apr 19

Tidjane Thiam, the CEO of Credit Suisse, is among the bank leaders who have dropped plans to travel to the Saudi event this month

More banking executives pull out of Saudi conference

The chief executives of HSBC, Standard Chartered and Credit Suisse have pulled out of a high profile conference in Saudi Arabia next week.

Business • 16 Oct 18

JP Morgan & Ford cancel plans for Saudi investor event

JP Morgan & Chase's chief executive Jamie Dimon and Ford's chairman Bill Ford have cancelled plans to attend a Saudi investor conference, the latest such high-profile announcements after the disappearance of Saudi journalist Jamal Khashoggi.

Business • 15 Oct 18

JP Morgan Chase & Co's CEO Jamie Dimon noted that the US and global economies continue to show strength

JPMorgan Chase profit boosted by higher interest rates

JPMorgan Chase & Co has today reported higher-than-expected quarterly profit as gains from higher interest rates and a growth in loans helped the bank offset weakness in bond trading revenue.

Business • 12 Oct 18

Jamie Dimon, JPMorgan Chase's CEO said consumer and business sentiment is high in the US

JPMorgan profit beats on better than expected trading

JPMorgan Chase & Co's quarterly profit topped Wall Street's expectations, as trading revenue came in much higher than expected and demand for loans increased on the back of a strengthening US economy.

Business • 13 Jul 18