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The stock is also richly valued, compared to its history. Going back to 2010, JPMorgan Chase has traded at an average of 1.76x its tangible book value. This rich valuation even prompted a comment from Dimon during the bank's annual investor meeting in May: "Buying back stock of a financ...
Buried in a roughly 200-page quarterlyfilingfromJPMorgan Chaselast month were eight words that underscore how contentious the bank's relationship with the government has become. The lender disclosed that theConsumer Financial Protection Bureaucould punish JPMorgan for its role in Zelle, the giant pee...
JPMorgan Chase is raising wages to as much as $18 an hour as part of a $20 billion investment in its US businessAlex Morrell
JP Morgan rolling out its own cryptocurrency The first cryptocurrency created by a major U.S. bank is here — and it's from J.P. Morgan Chase. The lender moves more than $6 trillion around the world every day for corporations in its massive wholesale payments business. In tria...
JPMorganChase is also supporting policy recommendations that would help create a more modernized workforce development ecosystem that better connects educational institutions, apprenticeship programs and businesses to ensure apprenticeship programs meet the needs of the economy. For example, it is advancing ...
JPMorgan Chase (NYSE:JPM) currently benefits from a solid ground to continue its expansion in the upcoming years. The U.S. economy is healthy, consumers can afford to pay off their debts, and interest income is naturally rising as the Fed hikes rates on a more consistent basis. ...
s Chase bank account in the amount of $335,000,” the bank said in the Texas filing. “After the check was deposited, Defendant began withdrawing the vast majority of the ill-gotten funds.” The check was declined for being fake, but the bank found that the man owes JPMorgan $290,...
But it also must be ready to support local workforces so that they too can meet these challenges. At JPMorgan Chase, we’ve built out a local team of more than 2,000 AI/machine learning (ML) experts and data scientists to help us leverage the power of this technology. In every city...
It is also far from certain that the American people will ever get to see the full factual record buttressing the allegation that a private jet belonging to a hedge fund subsidiary of JPMorgan Chase was directly engaged in transporting sex trafficked victims...