Jamie Dimon, CEO of J.P. Morgan Chase, the largest bank in the United States, said Monday (Oct. 28) that his colleagues should fight against overregulation. He said the industry is saddled with redundant or badly-conceived regulations on things like open banking, Reuters reported Monday. “It’s...
JPMorgan Chase CEO Jamie Dimon said Tuesday (Oct. 8) that regulators in the U.S. and the U.K. have made it difficult for companies to go public. Speaking in a Bloomberg Television interview from London, Dimon said rising expenses from litigation and regulatory filings have contributed to...
J.P. Morgan Chase reportedly wants to open almost 100 branches in low-income communities. As the Wall Street Journal (WSJ) reported Tuesday (Oct. 2), this effort will include inner cities and rural towns where banks have for years been shuttering brick-and-mortar locations. The new branches will...
JPMorgan Chase CEO Jamie Dimon reportedly said Friday (Sept. 20) that he is skeptical that the U.S. economy will see a soft landing. “I am a little more skeptical than other people. I give it lower odds,” Dimon said during The Atlantic Festival, Bloomberg reported Friday. Dimon...
March 06, 2020
In today’s top payments news, the Indian government has taken control of Yes Bank as it creates a bailout plan for the bank, and JPMorgan CEO Jamie Dimon is recovering from emergency heart surgery. Also, fears over the coronavirus could cost the airline industry more than $113 billion. India Seizes Control Of Yes Bank, […]
June 11, 2018
Saturday crowned horseracing’s 13th Triple Crown Winner, with its winner, Justify, now well positioned as a cash machine for its owners. Payments saw several players jockeying for a similar place...
April 07, 2017
Sizzle Big Tech Battle of Market Caps: Amazon’s market cap has hit a significant milestone. With a new high of $900 a share, the company’s recent market cap stood at...
November 06, 2024
Despite reports of Republicans and Democrats naming him as a possible nominee for U.S. Treasury secretary, there’s an “almost nil” chance that JPMorgan Chase CEO Jamie Dimon will leave the bank, a source told Reuters. Dimon, 68, who has led the banking giant for nearly 19 years, made his intention to stay known during a […]
October 28, 2024
Jamie Dimon, CEO of J.P. Morgan Chase, the largest bank in the United States, said Monday (Oct. 28) that his colleagues should fight against overregulation. He said the industry is...
October 08, 2024
JPMorgan Chase CEO Jamie Dimon said Tuesday (Oct. 8) that regulators in the U.S. and the U.K. have made it difficult for companies to go public. Speaking in a Bloomberg Television...
October 02, 2024
J.P. Morgan Chase reportedly wants to open almost 100 branches in low-income communities. As the Wall Street Journal (WSJ) reported Tuesday (Oct. 2), this effort will include inner cities and...
