Getty / Win McNamee JPMorgan CEO Jamie Dimon said in a Tuesday interview with MSNBC that “we are in a recession, but you will have a delayed effect to see the normal effect of recession.” The normal effects of the recession may not come until “late this year or early …
Read More »Banks and tech companies including JPMorgan, Google and Amazon form New York Jobs Council
Jamie Dimon, CEO of JPMorgan Chase & Co. Giulia Marchi | Bloomberg | Getty Images The CEOs of banks, tech companies and consulting firms form a group to encourage hiring from underrepresented groups in New York. Leaders of 27 companies representing much of New York’s dominant industry have teamed up …
Read More »Despite the recession, JPMorgan Chase just posted record earnings – this is how they did it
Jamie Dimon, CEO of JPMorgan Chase & Co. Marlene Awaad | Bloomberg | fake pictures JPMorgan Chase managed to shake off the most quarterly revenue in its history at the same time that the US economy is in the midst of a sharp recession. The bank posted $ 33.8 billion …
Read More »JPMorgan Chase (JPM) earnings Q2 2020
Jamie Dimon, CEO of JPMorgan Chase & Co. Giulia Marchi | Bloomberg | fake pictures JPMorgan Chase reported second quarter earnings. Here’s how JPMorgan did it: Earnings: $ 1.38 per share, compared to the estimate of $ 1.04 per share by analysts surveyed by Refinitiv. Revenue: $ 33 billion, compared …
Read More »Bank stocks pull back higher as regulators ease Volcker rule, JPMorgan Chase rises 2%
US banking regulators USA They are about to ease the restrictions created after the financial crisis, a fact that triggered a surge in bank stocks on Thursday. Officials with the Federal Deposit Insurance Commission said in a call that they are loosening the restrictions of the so-called Volcker Rule, allowing …
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