JP Morgan: News
World's biggest banks funneled $906B into fossil fuels last year
The world's biggest banks have pledged a staggering $906 billion in financing to the fossil fuel industry last year, a new report has revealed.
JPMorgan to hire more AI specialists, fewer bankers
Jamie Dimon, the CEO of JPMorgan Chase, has announced that the company will be hiring more artificial intelligence (AI) specialists. This comes as a shift from traditional banking roles.
Could JP Morgan scrap its upcoming £3B London HQ?
JP Morgan's CEO Jamie Dimon has hinted that the bank could reconsider its plans for a new £3 billion headquarters in London.
Ex-JPMorgan banker faked father's death to get bereavement leave
Chirayu Rana, the former JPMorgan Chase banker, who accused a female colleague of forcing him to become her "sex slave," faked his father's death to take nearly three months of paid leave, The New York Post reported.
JPMorgan executive accused of making junior employee 'sex slave' responds
Lorna Hajdini, a high-ranking executive director at JPMorgan Chase, has vehemently denied allegations of sexual coercion made against her in a recent lawsuit by a former colleague.
'BJ for birthday...': JPMorgan exec accused of sexually abusing junior
Lorna Hajdini, an Executive Director at JPMorgan, has been accused of sexually abusing a junior male employee.
Iran uses oil tanker to store crude amid US sanctions
Iran has reportedly reactivated an old oil tanker, the very large crude carrier (VLCC) Nasha, to store crude oil.
Flipkart eyes $2.5B pre-IPO funding round
Flipkart, the leading Indian e-commerce platform owned by Walmart, is looking to raise between $2 billion and $2.5 billion in a pre-IPO funding round, according to Moneycontrol.
OpenAI to set aside some IPO shares for retail investors
OpenAI, the company behind ChatGPT, plans to reserve a portion of its upcoming initial public offering (IPO) shares for retail investors.
HDFC Bank at a 16-year low, suddenly everyone's bullish again
HDFC Bank, India's largest private lender, is in the spotlight today after a major fall in its share price.
US leveraged loans worth $150B at risk from AI: JPMorgan
JPMorgan has warned that the ongoing artificial intelligence (AI) revolution could put as much as $150 billion worth of US leveraged loans at risk.
World's largest bank prepares for major AI-driven workforce reset
JPMorgan Chase, the world's largest bank by market capitalization, is gearing up for a major shift in its workforce due to artificial intelligence (AI).
Gold may surge to $6,300 by year-end: JP Morgan
JP Morgan has revised its long-term gold price forecast, now predicting a value of $4,500 per ounce and potentially as high as $6,300 by the end of 2026.
Why JPMorgan CEO thinks a 2008-like economic crisis is imminent
JPMorgan Chase CEO Jamie Dimon has warned of potential market risks reminiscent of the pre-2008 financial crisis, drawing parallels with that period.
JPMorgan admits it shut Trump's accounts after January 6 attack
JPMorgan Chase has admitted to shutting down the bank accounts of US President Donald Trump and his businesses after the January 6, 2021 attacks on the US Capitol.
Why Trump slammed JPMorgan CEO and threatened to sue bank
US President Donald Trump has lashed out at Jamie Dimon, the CEO of JPMorgan Chase & Co.
JPMorgan strikes deal to run Apple's credit card business
JPMorgan Chase has announced a deal to take over Apple's credit card business from Goldman Sachs.
JPMorgan opening another branch in India after almost a decade
JPMorgan Chase & Co, one of the leading Wall Street banks, is all set to open a new branch in India after almost a decade.
Why JPMorgan CEO thinks Europe has a 'real problem'
JPMorgan Chase & Co. CEO Jamie Dimon has warned that Europe's slow bureaucracy is a major economic risk for the US.
JPMorgan, Citi, Morgan Stanley client data may have been compromised
A cyberattack on technology vendor SitusAMC may have exposed client data for major banks such as JPMorgan Chase, Citigroup and Morgan Stanley.
US economy is at risk of 'European-style' decline: JPMorgan CEO
JP Morgan Chase CEO Jamie Dimon has warned that the US is heading toward a European-style economic decline if anti-business policies continue to drive companies out of major cities.
US stock market crash risk is high, warns JPMorgan boss
Jamie Dimon, the chair and CEO of JPMorgan Chase, has warned that the risk of a major correction in the US stock market is much higher than many financiers think.
US start-up founder jailed 7 years for $175 JPMorgan fraud
Charlie Javice, the founder of Frank, a start-up that simplified college financial aid applications, has been sentenced to over seven years in prison.
AI is real, but faces boom-bust cycle: JPMorgan's Jamie Dimon
Jamie Dimon, CEO of JPMorgan Chase, the world's largest bank by assets, has said that artificial intelligence (AI) will go through a boom and bust cycle.
PhonePe to file for ₹13,000cr IPO by month-end
Walmart-backed fintech giant PhonePe is gearing up to file for its initial public offering (IPO) by the end of September.
JPMorgan customers can soon buy cryptocurrency using credit cards
JPMorgan Chase, one of the largest banks in the US, has partnered with cryptocurrency exchange Coinbase.
Citi launches Strata Elite credit card: What are the benefits?
Citigroup has made a comeback in the premium credit card segment with its new offering, the Strata Elite Card.
JPMorgan may soon offer loans against cryptocurrency
JPMorgan Chase is considering a new financial service: loans backed by the cryptocurrency holdings of its clients.
This Peter Thiel-backed cryptocurrency exchange has filed for IPO
Bullish, a cryptocurrency exchange backed by billionaire Peter Thiel, has filed for an initial public offering (IPO).
JPMorgan will charge fintech companies for accessing customer data
JPMorgan Chase & Co, the largest bank in the US, has decided to impose fees on financial technology (fintech) companies for accessing their customers' bank account information.
US immigration policies are not working well, says JPMorgan CEO
JPMorgan Chase's Chairman and CEO Jamie Dimon has criticized the US immigration policies, calling them ineffective.
India tops global rankings in factory and services growth
India has become a global leader in both manufacturing and services activity, JP Morgan's Purchasing Managers' Index (PMI) data showed.
JP Morgan predicts gold prices could hit $4,000 by 2026
JP Morgan has made a bold prediction about the future of gold prices. The financial giant forecasts gold could reach an unprecedented price of $4,000 per ounce by mid-2026.
She built a popular fintech start-up—Then defrauded JPMorgan of $175M
Charlie Javice, the founder of financial aid start-up Frank, has been convicted of defrauding JPMorgan Chase.
JPMorgan's quantum breakthrough can significantly enhance encryption: Here's how
In a world-first, JPMorgan Chase & Co. has generated and certified "truly random numbers" using a quantum computer.
JPMorgan's report predicts 134 years to achieve global gender equality
JPMorgan Chase & Co. has published a report which estimates that it will take 134 years for the world to achieve full gender equality.
JPMorgan workers face desk scarcity, tech problems after office return
JPMorgan Chase's recent policy requiring employees to return to the office five days a week has left its staff disgruntled.
S&P 500 may crash 1,000 points, predicts ex-JPMorgan strategist
Marko Kolanovic, a former top strategist at JPMorgan Chase & Co., has predicted a major crash in the US stock market.
Zerodha-rival Groww is planning an IPO at $8B valuation
Billionbrains Garage Ventures, the parent company of financial services platform Groww Invest Tech, is gearing up for an IPO this year.
JPMorgan Chase ends remote work, employees consider unionizing
JPMorgan Chase has announced that from March onward, all its employees will be required to work in-office five days a week.