JPMorgan Chase & Co.

Banc of California to Sell $1.8 Billion Worth of Residential Loans
Banc of California to Sell $1.8 Billion Worth of Residential Loans
July 26, 2023  |  Acquisitions

Banc of California is reportedly selling $1.8 billion worth of single-family residential home loans at a discount to JPMorgan Chase as part of an agreement to facilitate...

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Former Chief Growth Officer of Frank Indicted for Fraud
Former Chief Growth Officer of Frank Indicted for Fraud
July 12, 2023  |  Security & Fraud

Federal prosecutors have filed charges against a second former executive of college financial-planning startup Frank. They have indicted Olivier Amar, former chief growth officer of...

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JPMorgan Boosts Business After Silicon Valley Bank’s Collapse
JPMorgan Boosts Business After Silicon Valley Bank’s Collapse
July 12, 2023  |  Banking

Silicon Valley Bank’s collapse in March has prompted J.P. Morgan to tap into the resulting vacuum and grow its business of banking venture capitalists and...

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JPMorgan Names Madhav Kalyan Head of Asia Pacific Payments
JPMorgan Names Madhav Kalyan Head of Asia Pacific Payments
October 17, 2022  |  Personnel

JPMorgan Chase & Co. has named Madhav Kalyan head of Asia Pacific Payments, succeeding Sridhar Kanthadai, who is moving into the role of co-head of...

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JPMorgan Active Mobile Customers Hit 59M, Tech Investments Top $12B
JPMorgan Active Mobile Customers Hit 59M, Tech Investments Top $12B
January 14, 2022  |  Earnings

For banking giant JPMorgan, the fourth quarter showed continued momentum in credit and debit spending, and double-digit gains in active mobile customers, as measured in...

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Report: JPMorgan Staffers Fired Over Relief Fund Thefts
Report: JPMorgan Staffers Fired Over Relief Fund Thefts
September 10, 2020  |  Security & Fraud

One day after JPMorgan Chase & Co. CEO Jamie Dimon threatened to take action against employees who stole COVID-19 relief funds, several workers have reportedly been fired....

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JPMorgan Chase Forecasts Minimum 10 Pct Unemployment Up To Q1 2021
JPMorgan Chase Forecasts Minimum 10 Pct Unemployment Up To Q1 2021
May 22, 2020  |  Economy

As they lowered their 2021 growth outlook and forecast an unemployment rate at 10 percent at a minimum through the first quarter of that year,...

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JPMorgan Chase Submits Nearly $18B In PPP Loans
JPMorgan Chase Submits Nearly $18B In PPP Loans
April 30, 2020  |  Coronavirus

JPMorgan Chase & Co. told its small business clients that the New York financial services company has submitted 220,000 applications this week to the Paycheck...

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JPMC Freezes New Hires Given COVID-19 Crisis
JPMC Freezes New Hires Given COVID-19 Crisis
March 24, 2020  |  Coronavirus

JPMorgan Chase & Co has announced it will be instituting a hiring freeze throughout most of the company to help stop the spread of the...

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