JPMorgan lays off hundreds in mortgage business JPMorgan Chase & Co is laying off hundreds of employees in its home-lending business and reassigning hundreds more this week, Bloomberg News reported today, citing … Business • 22 Jun 22
Apple music, gaming to bring in over $8bn by 2025 Apple's revenue from gaming and music offerings is expected to jump 36% to $8.2 billion by 2025, JPMorgan said today, as the iPhone maker taps … Business • 13 Jun 22
JPMorgan warns of possible $1 billion Russia loss JPMorgan could lose about $1 billion on its Russia exposure, Chief Executive Jamie Dimon said today, detailing the extent of the bank's potential losses from … Business • 04 Apr 22
Bitcoin's gains unsustainable without lower volatility Bitcoin's charge to a record level of over $50,000 is not sustainable unless the cryptocurrency's price swings cool down quickly, JPMorgan analysts said in a … Business • 17 Feb 21
EU fines five major banks for currency collusion The European Commission has today fined Barclays, Citigroup, JP Morgan, Japan's MUFG and Royal Bank of Scotland a combined €1.07 billion for rigging the multi-trillion … Business • 16 May 19
JPMorgan Chase reports higher profits, upbeat outlook JPMorgan Chase has today reported a jump in first-quarter earnings, lifted by higher interest rates and revenue growth in core businesses. Business • 13 Apr 18
JPMorgan could move 4,000 jobs from UK after Brexit JPMorgan could move over 4,000 jobs out of Britain if Brexit talks result in a divergence of regulations and trade agreements between Britain and the … Business • 25 Jan 18
JPMorgan, Goldman come top of banker pay league in UK JPMorgan and Goldman Sachs paid their top bankers in Britain an average of $1.5m each in 2016, compared with $1m for local rivals HSBC and … Business • 05 Jan 18
JPMorgan trials the use of AI to execute trades One of those innovative ideas comes from the the world's largest bank by revenue, JPMorgan, which is said to be trialling the use of artificial … Business • 01 Aug 17
JPMorgan nears $6 billion bondholder settlement JPMorgan Chase is nearing an agreement worth close to $6 billion with a group of institutional investors to settle claims over shoddy mortgage-backed securities issued … Business • 23 Oct 13
JPMorgan bosses unlikely to face charges The JPMorgan Chase executives who supervised the traders at the center of the "London Whale" scandal are unlikely to face any charges over a trading … Business • 15 Aug 13
