JPMorgan Chase provides various financial services worldwide. The company operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset Management. The company was founded in 1799 and is based in New York, New York.
Summary List Placement Wall Street is finally accepting diminished chances for a near-term stimulus deal, and firms' latest GDP forecasts reflect growing pessimism toward the economy's chances without fresh aid. Goldman Sachs halved its GDP growth forecast to 3% on Wednesday. JPMorgan followed suit one day after, cutting its estimate to 2.5% from 3.5%. Morgan Stanley and Bank of America trimmed their expectations earlier in the month. All four of the Wall Street giants cited an absence of new fiscal relief for their gloomier outlooks. Still, some hope for a spending package emerged Thursday. Treasury Secretary Steven Mnuchin said new stimulus is "still needed," and top Democrats rolled out a new $2.4 trillion proposal that could be voted on as early as next week. Visit the Business Insi...
JPMorgan Chase & Co (NYSE: JPM ) is negotiating a settlement with authorities in the United States that would resolve allegations related to alleged manipulation of metals and Treasuries markets, the Financial Times reported Wednesday. What Happened: The $1 billion settlement would bring to halt investigations being carried out by the Department of Justice, the Securities and Exchange Commission, and the Commodities Futures Trading Commission, according to FT. Two former traders of the New York-based bank — Christian Trunz and John Edmonds — have reportedly pleaded … Full story available on Benzinga.com
CorpGov, Vinson & Elkins LLP, Profile Advisors, and Nasdaq are pleased to invite you to the third event in the 2020 Governance Series on Wednesday, September 30, at 11am EST: Shareholder Outreach: Preparing for the 2021 Proxy Season. Event partners include JPMorgan Chase & Co., ICR, Morrow Sodali, BlackRock, Inc., and The Palm Beach Hedge Fund […]