[ad_1] Updated Oct. 27, 2023 12:21 pm ET Jamie Dimon plans to sell a portion of his stock in JPMorgan Chase for the first time. Dimon, the chief executive, intends…
Tag: JPMorgan Chase &
Fed to Float Deep Cuts to Debit-Card Swipe Fees
[ad_1] Updated Oct. 25, 2023 12:57 pm ET WASHINGTON—The Federal Reserve is set to propose lowering by about 30% the fees merchants pay to many banks when consumers shop with…
Wall Street’s Green Shoots Risk Wilting
[ad_1] Bankers tend to turn into gardeners when talking about the continuing dearth of mergers and other investment-banking deals. They mention “green shoots,” in the form of an acquisition here,…
Bondholdings Become Less of a Burden at Bank of America and Other Big Banks
[ad_1] Fixed-rate bonds that lost value as interest rates rose can even help out in some ways. [ad_2] Source link
Big-Bank Profits May Be Higher, but for How Much Longer?
[ad_1] Despite banks continuing to see benefits of high rates, worries about deposit costs and consumer credit still lurk. [ad_2] Source link
JPMorgan’s Jamie Dimon: ‘This May Be the Most Dangerous Time the World Has Seen in Decades’
[ad_1] The bank said its third-quarter profit rose 35%, boosted again by rising interest rates. [ad_2] Source link
Are High Rates Taking a Toll on Consumers? Bank Earnings Will Provide a Clue
[ad_1] JPMorgan, Wells Fargo and Citigroup will report third-quarter results on Friday, followed by others next week. [ad_2] Source link
WSJ News Exclusive | JPMorgan Chase Offers Private-Markets Fund Tailored to Individual Investors
[ad_1] The Private Equity Group within JPMorgan Chase’s asset management arm is tossing a new entry into the growing competition to open private equity to individual investors. [ad_2] Source link
Higher Rates Have Bank Stocks on the Mat
[ad_1] The KBW Nasdaq Bank Index is trailing the broader market by 37 percentage points this year. [ad_2] Source link