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Tag Archives: JPMorgan Chase

How Much Have Banks Been Fined Since the Crisis?

According to a tally released Tuesday by New York-based investment banking firm Keefe, Bruyette & Woods, banks have been fined $243 billion since the financial crisis in 2008. As reported by Marketwatch, repayment of the fines involves a mixture of ...

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As Stocks Tumble, Lenders Take a Hit

The Dow Jones industrial average closed down 1,200 points on Monday, after having dropped 1,500 points earlier in the day. This came on the heels of a 666-point drop in the Dow last Friday. With the Standard & Poor’s index ...

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JPMorgan Raising Wages After Passage of Tax Reform

While the long-term impacts of the tax reform bill passed by Congress and signed into law by President Trump remain to be seen, at least one major corporation is investing some of their tax windfall into continuing growth. According to ...

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Default Data After the Great Recession

A new JPMorgan Chase report examines the effects of mortgage modification programs in the aftermath of the Great Recession. How much difference did these programs make, and what can they tell us about the borrowers who made use of them?

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JPMorgan Chase Beats Wall Street Revenue Estimates

JPMorgan Chase released its Q3 2017 financial results Thursday morning reporting a net income of $6.7 billion. Take a look at the details of the mega-bank’s results.

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JPMorgan Chase: Assisting in 4 Economic Growth Areas

In an announcement released Monday by JPMorgan Chase, the bank revealed its third investment in a major U.S. city—Washington D.C.—to help serve underserved neighborhoods, specifically Wards 7 and 8. The program will provide $10 million in aid to the city.

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JPMorgan CEO on Trump

Jamie Dimon of JPMorgan Chase released an official comment in response to the disbanding of President Trump’s manufacturing and business advisory councils, outlining his thoughts on the responsibilities of a leader.

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Financials Take a Broad Hit

Wells Fargo, JPMorgan Chase, and Citigroup reported their second quarter earnings on Friday morning. Read on to see their figures and exactly how the market reacted.

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JPMorgan Chase to Undergo Leadership Changes

JPMorgan Chase COO Matthew Zames will be stepping down from his role after 13 years, the bank announced on Thursday. Zames had a crucial role in guiding the bank during the financial crisis and is credited with raising suspicion over Bernie Madoff a year before his eventual arrest. Zames has long been assumed as a potential successor to Dimon, and the news of his stepping down has led to much speculation of who else may be in the running . . .

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