The Latest Breaking News from JPMorgan

JPMorgan Chase’s third-quarter profit soared 35% from last year, fueled by a rapid rise in interest rates, but the bank’s CEO, Jamie Dimon, issued a sobering statement about the current state of world affairs and economic instability

“The upside versus downside in stocks is not that great,” according to Marko Kolanovic.

Jamie Dimon, CEO of JPMorgan Chase, says AI will allow people to work 3.5 day weeks in the future.

The U.S. banking sector currently feels the pressure of credit rating downgrades. Additionally, with interest rates unlikely to be cut soon, the banking industry will likely face higher deposit costs and slowing loan growth. Amid this backdrop, will investing in JPMorgan Chase (JPM) and U.S. Bancorp (USB) be wise? Read…

Detroit's unemployment, housing, and economy are trending in the right direction, and JPMorgan Chase has been a big part of the turnaround.

“We have dealt with inflation before, we dealt with deficits before, we have dealt with recessions before—and we haven’t really seen something like this pretty much since World War II,” the JPMorgan CEO said.

The Virgin Islands had argued that JPMorgan had been complicit in Epstein's behavior and did not raise any red flags to law enforcement or bank regulators about Epstein being a "high risk" customer.

JPMorgan Chase has agreed to pay $75 million to the U.S. Virgin Islands to settle claims that the bank enabled the sex trafficking acts committed by financier Jeffrey Epstein

Settlement ends long-running lawsuit that alleged JPMorgan was complicit in Epstein’s sex trafficking operation

The JPMorgan CEO spelled out what he sees as the worst-case scenario for the U.S. economy, and warned that not everyone would be able to withstand it.

The bank said daily transactions have fallen 12% despite widespread positivity that followed the network's update.