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Beware a cascading 'flash crash' in stocks as everyone packs into the market's most popular names, JPMorgan chief stock strategist says

Stock concentration is so extreme that a sudden market correction could come at any time, JPMorgan'…

Filip De Mott   


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3 mins read

Jamie Dimon says the Fed will raise rates much more than markets currently expect, if there's a strong recovery

"A Fed that reacts strongly to data and events in real time will ultimately create more confidence,…

Hamza Fareed Malik   


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2 mins read

JPMorgan boss Jamie Dimon says the Fed could hike interest rates as many as 7 times this year

"My view is a pretty good chance there will be more than four," Dimon said during the bank's earnin…

Isabelle Lee,Ben Winck   


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Jamie Dimon says JPMorgan is preparing for the US to default on its debt, warning that such a scenario would be 'potentially catastrophic'

"It is a potentially catastrophic event," he told Reuters. "Every single time this comes up, it get…

Isabelle Lee   


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Harry Robertson   


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Tesla says JPMorgan is suing the car maker because the bank's top executives hate Elon Musk

JPMorgan sued Tesla for $162 million last year, alleging breach of contract. Tesla says JPM executi…

Sarah Jackson   


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2 mins read

JPMorgan Chase thought it had $1.3 million of nickel, but they were all bags of stones. It's happened before.

Swiss trader Mercuria Energy received spray-painted rocks instead of $36 million worth of copper it…

Huileng Tan   


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2 mins read

'Big Short' investor Steve Eisman details the 4 themes that have him betting on a turbocharged infrastructure boom instead of chasing AI hype

Steve Eisman expects infrastructure to boom thanks to AI demand, grid investing, onshoring, and gre…

Filip De Mott   


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1 min read

JPMorgan says it's hiring 'thousands of individuals with criminal backgrounds' amid the labor shortage

Combatting a difficult hiring environment is leading the investment bank to consider "unconventiona…

Tim Levin   


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1 min read

JPMorgan CEO Jamie Dimon sells off $150 million of shares in first-ever sale since taking over the banking giant

Jamie Dimon became CEO of the banking giant JPMorgan Chase in 2006, and the company's value has tri…

Katherine Tangalakis-Lippert   


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3 mins read

It's JPMorgan to the rescue

JPMorgan is buying up First Republic as the largest US bank by assets looks to put an end to the mo…

Dan DeFrancesco   


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2 mins read

Tesla fans flood JPMorgan's Yelp page with 1-star reviews as Elon Musk spars with the bank

The bank's Yelp page was temporarily disabled after Elon Musk's loyal cadre bombarded it with bad r…

Sarah Jackson   


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JPMorgan favors commodities over bonds and warns the stock market rally is poised to fizzle

"In equities, we retain a defensive stance and are unwilling to chase the past two weeks' rally," J…

Filip De Mott   


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JPMorgan beats 4th-quarter revenue and profit estimates — and CEO Jamie Dimon offers a bullish outlook for the US economy

JPMorgan's earnings surpassed Wall Street's forecasts, but net income fell across its consumer, inv…

Theron Mohamed   


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2 mins read

JPMorgan beats 3rd-quarter profit estimates as investment-banking arm sees record M&A fees

The largest US bank posted a 24% rise in profit from a year ago, with quarterly net income of $11.7…

Shalini Nagarajan   


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1 min read

JPMorgan will pay a $125 million fine after allowing employees to discuss bank business over WhatsApp

The SEC found that the practice took place between at least January 2018 and November 2020 and was …

Avery Hartmans   


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2 mins read

JPMorgan Chase thought it had $1.3 million worth of nickel stored in a warehouse. A closer examination revealed bags of stones.

The bank kept bags of stones in a Dutch warehouse thinking they were bags of nickel that would have…

Lakshmi Varanasi   


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2 mins read

JPMorgan CEO Jamie Dimon believes the term 'ultra-MAGA' is insulting to a large group of people

The term "ultra-MAGA," describing the most conservative adherents of former President Trump's MAGA …

John L. Dorman   


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JPMorgan Chase staffers complain of being 'watched' all the time as the bank seems to be growing more secretive with its employee-tracking systems

JPMorgan is trying to squash talk about its internal employee tracking systems after a report from …

Samantha Delouya   


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1 min read

A former JPMorgan banker wants to draw conservatives to his 'unwoke' ETFs

Daniel Grant's 2ndVote Advisers has index funds and ETFs focused on companies that avoid supporting…

Natasha Dailey