JPMorgan Chase profit falls after $2.9 billion fee from regional bank rescues

[ad_1] JPMorgan Chase said Friday that fourth-quarter profit declined after paying a $2.9 billion fee tied to the government seizures of failed regional banks last year. Here’s what the company…

Bitcoin’s 2023 rally drove some of the stock market’s biggest gains this year

[ad_1] Monitors display Coinbase signage during the company’s initial public offering at the Nasdaq MarketSite in New York on April 14, 2021. Michael Nagle | Bloomberg | Getty Images For…

The week in business news: Global shipping shakeup, Google’s Gemini AI

[ad_1] The shift of manufacturing out of China is shaking up shipping Ho Chi Minh City and other Vietnamese ports are becoming increasingly vital to global shipping.Photo: Kham (Reuters) How…

Jamie Dimon on the cryptocurrency industry: “I’d close it down”

[ad_1] JPMorgan Chase CEO Jamie Dimon told lawmakers on Wednesday that he would pull the plug on the cryptocurrency industry if he had the power.  “I’ve always been deeply opposed…

Wall Street CEOs say proposed banking rules will hurt small businesses, low-income Americans

[ad_1] (L-R) Brian Moynihan, Chairman and CEO of Bank of America; Jamie Dimon, Chairman and CEO of JPMorgan Chase; and Jane Fraser, CEO of Citigroup; testify during a Senate Banking…

Jamie Dimon lashes out against crypto: ‘If I was the government, I’d close it down’

[ad_1] JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol…

The Stocks Investors Are Putting Under the Tree

[ad_1] Retailers are making modest predictions about the holiday shopping season—and their stocks are going gangbusters in response. Victoria’s Secret, Foot Locker, Ulta Beauty and Dollar Tree are among the…

Jamie Dimon says JPMorgan Chase would exit China if ordered to

[ad_1] Chairman and C.E.O. of JPMorgan Chase & Co. Jaime Dimon speaks during the New York Times annual DealBook summit on November 29, 2023 in New York City.  Michael M.…

King meets world business and finance figures at Buckingham Palace

[ad_1] In the Palace’s White Drawing Room, Charles also met Yasir Al-Rumayyan, who is governor of Saudi Arabia’s public wealth fund and chairman of Newcastle United, as well as Hamed…

Why Jamie Dimon Changed His Mind on Europe

[ad_1] Updated Nov. 2, 2023 12:03 am ET LONDON—Not long ago, JPMorgan Chase Chief Executive Jamie Dimon insisted the Wall Street giant would never get into retail banking in Europe.…