JPMorgan: Sees parallels with the global crisis of 2008 – 'Some are making foolish moves to increase revenue'
Jamie Dimon, the head of JPMorgan Chase & Co., warns that current trends in the financial industry could lead to a crisis similar to that of 2008, as heightened competition pushes some players to make unwise decisions.
Jamie Dimon issues warning: Sees ‘stupid’ parallels to the 2008 crisis
Jamie Dimon, CEO of JPMorgan, has raised concerns about emerging parallels with the pre-2008 financial crisis, relating to risky lending patterns.
JPMorgan closed Trump’s accounts after the Capitol attack in 2021
JPMorgan Chase closed former President Donald Trump’s accounts in February 2021 following the January 6 Capitol attack, according to newly released documents related to Trump's lawsuit against the bank.
Why JP Morgan is seeking 'talent' in Europe
JP Morgan Chase anticipates 2026 to be a 'year of megadeals' driven by a surge in mergers and acquisitions, prompting the bank to hire extensively across Europe.
Alpha Bank: JPMorgan's potential stake at 7.25%
Alpha Bank announced that JPMorgan Chase & Co. holds an indirect 1.21% stake in the bank, with the possibility of acquiring an additional 6.04% under certain conditions.
Earnings Fall Short at Bank of America, Citi, JPMorgan and Wells Fargo
Major U.S. banks including Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo reported disappointing earnings, falling short of analysts' expectations.
Alibaba, JPMorgan said to invest in Chinese chip designer Montage’s Hong Kong listing
Alibaba and JPMorgan are reportedly investing in Montage Technology's forthcoming Hong Kong IPO, which could raise up to $900 million, indicating strong demand for AI-related share offerings in the city.
Trump hits back at JP Morgan CEO’s defence of Federal Reserve
Donald Trump criticized JP Morgan CEO Jamie Dimon for his defense of the Federal Reserve, asserting that Dimon is wrong to claim Trump undermines its independence amid ongoing scrutiny of Fed chair Jerome Powell.
Reactions to the Investigation Against Powell: Wall Street Supports Him
The initiation of a criminal investigation against Federal Reserve Chairman Jerome Powell has elicited reactions from major Wall Street banks, with CEOs from JPMorgan Chase and BNY expressing support for the independence of the U.S. Federal Reserve.
JPMorgan: Greece is one of the most attractive markets in Emerging Europe
JPMorgan identifies Greece as a prime investment opportunity within Emerging Europe, highlighting its forthcoming transition to MSCI Developed Markets and recommending increased positions, particularly in Piraeus Bank which stands out as the only Greek stock in the CEEMEA Strategy Top 10 list.
JPMorgan: Greek bonds passed the convergence test, investors in repositioning phase
Greek bonds have completed most of their investment upgrade, being viewed as stable but not exclusively attractive in eurozone portfolios.
JP Morgan: Up to $1 billion inflows into the Greek stock market with upgrade from Stoxx
Investors are returning to Greece with the General Index up 129% since 2023, surpassing Stoxx 600's 42% increase, thanks to strong banks and public finances.