Democrat congressman calls Republican efforts against ESG 'Taliban-like'
Democrat Rep. Jim Himes called Republican efforts fighting against corporate ESG "Taliban-like" in an interview with Politico published on Tuesday.
Credit card debt rising in double-edged sword for the economy
Credit card debt is rising and while American consumers' spending shows confidence in their finances, high credit card interest rates loom as a threat if the economy slow.
JPMorgan Chase CEO Jamie Dimon speaks up about remote work: 'there are real flaws'
JPMorgan Chase CEO Jamie Dimon expressed skepticism about remote work, saying the practice has "real flaws" in a Tuesday interview with The Economist.
US banks shrug off turmoil to ace Fed's annual health checks
Among the top performers were Charles Schwab Corp. and Deutsche Bank's U.S. operations, while regional lenders Citizens Financial Corp. and US Bancorp were the laggards of the pack.
JPMorgan Chase names new head of AI unit
JPMorgan Chase has moved its global head of securities services into the role of chief data and analytics officer as the bank continues its artificial intelligence-related efforts.
Lawyer for Jeffrey Epstein accuser wants to question JPMorgan Chase CEO Jamie Dimon again
Lawyers for a Jeffrey Epstein accuser want a second chance at deposing JPMorgan Chase CEO Jamie Dimon, arguing the bank took too long to turn over documents.
Jamie Dimon says he never discussed Jeffrey Epstein’s accounts at JPMorgan; Jes Staley says Dimon Did
JPMorgan Chase CEO Jamie Dimon maintained that he has no recollection of ever discussing or reviewing Jeffrey Epstein’s accounts, a JPMorgan spokeswoman said.
Recession tanks European powerhouse's economy amid global inflation squeeze
The International Monetary Fund initially predicted Germany and Britain alone to suffer recessions as inflation remains high across Europe and spending drops in response.
Biden Fed nominee says too little has been done about inflation
The Fed has noted that the job market has a robust supply but warned that if it grew "tight" it might prompt the need for further rate hikes, which the bank is not keen to pursue.
FDIC accepts JPMorgan Chase's bid to buy First Republic Bank
JPMorgan Chase Bank will assume all deposits of First Republic Bank, a San Francisco-based bank that has been struggling and widely viewed as the next to fail amid the banking crisis.