A partner at Index Ventures told the Journal that at least 12 recent collaboration startups were founded or led by former Big Tech executives.
Website and trade execution problems are among the issues reported by retail investors in a J.D. Power satisfaction survey.
Daniel Pinto touted his bank's performance, said bitcoin has no intrinsic value, and argued SPACs will struggle to find targets in an interview Friday.
JPMorgan Chase and Wells Fargo said they were following instructions from the IRS, which listed March 17 as the "official payment date" for checks.
Brian Lamb, JPMorgan's head of diversity and inclusion, spoke about the firm's vision for racial equity and where the money is going.
After Wednesday’s Capitol siege, top US firms are suspending political donations. JPMorgan, Google, Facebook, and Microsoft have said they are temporarily stopping all donations to both Democrats and Republicans. Other companies are cutting off donations specifically to GOP lawmakers who objected to certifying Democrat Joe Biden as president-elect. Visit Business […]
Google says it will halt political donations to lawmakers who opposed certifying Joe Biden’s win. It joins Walmart, Amazon, Morgan Stanley, Dow, and AT&T in penalising specific Republicans. Separately, JPMorgan, Microsoft, and Facebook said they’d pause all political donations. Visit Business Insider’s homepage for more stories. Google this week became […]
More Americans are calling on company leaders to take a stand against inequality, racial injustice, and work to fight climate change, multiple polls show. But which companies are actually incorporating these causes into their business models? Just Capital, an independent research firm founded by the billionaire investor Paul Tudor Jones, […]
JPMorgan Chase is committing $US30 billion to promote wealth building and access to financial services among Black and Latinx Americans. The money will help them access mortgages, lower their mortgage payments through refinancing, expand lending to small businesses, and open low-cost bank accounts. The firm is also committing to boosting […]
JPMorgan Chase announced Wednesday it’s launching a $US50 million fund in humanitarian aid and small business grants to help communities recover from the novel coronavirus outbreak. Recipients include the World Health Organisation and United Nation Foundation’s COVID-19 Solidarity Response Fund and the nonprofit Feeding America. Peter Scher, JPMorgan Chase’s head […]
On a Monday conference call with new Bank of England Governor Andrew Bailey, some top asset managers said that financial markets should close for two weeks amid the coronavirus pandemic, The Wall Street Journal reported Tuesday, citing sources familiar with the matter. The call included senior executives from Vanguard Group, […]
Just six weeks ago, co-working giant WeWork was the nation’s most valuable tech start-up. Then it filed its S-1 registration for an initial public offering, disclosing a bevy of conflicts of interest and mismanagement by its magnetic and eccentric co-founder, Adam Neumann. Investors, reporters, and analysts, chastened after seeing Theranos […]
JPMorgan Chase CEO Jamie Dimon once pitched a romantic-comedy movie idea to Disney CEO Bob Iger, the two revealed during Wednesday’s Bloomberg Global Business Forum. Dimon’s idea involved a single woman looking for a husband with the help of an all-female “board of directors,” and it would star Bette Midler […]
Six banks including Deutsche Bank, JPMorgan Chase, and Morgan Stanley, have been providing Congressional committees thousands of documents related to an investigation into Trump’s Russia ties, according to the Wall Street Journal. The investigation is reportedly looking into whether there was potential foreign influence on Trump and his family. In […]
Microsoft said it has formed a blockchain partnership with JPMorgan Chase. Microsoft Azure will make a JPMorgan platform available on its blockchain service. The partnership will make it easier for JPMorgan customers to create new blockchain applications. Visit Business Insider’s homepage for more stories. Microsoft is teaming up with JPMorgan […]
JPMorgan signed an agreement with financial technology company Plaid that will give its customers better control over their personal data. Plaid connects bank accounts with fintech apps like Robinhood, Venmo and Acorns. The deal marks an important development in how JPMorgan is thinking about fintech companies and the financial data […]
Jennifer Piepszak was named CEO of Chase Cards in February of 2017. Prior to that she was CEO of Chase Business Banking. Piepszak started at JPMorgan in 1994 in the investment bank and has held many different positions at the firm over the past quarter-century. In a discussion with Business […]