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Bulls And Bears Of The Week: Carvana, Comcast, Walmart And More
Saturday, May 23, 2020 - 12:30pm | 878Read More...Benzinga has examined the prospects for many investor favorite stocks over the last week. This week's bullish calls included a couple of big-box retailers. Big banks featured recently in both bullish and bearish calls. As the reopening of the economy gears up, leading to some optimism on...
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JPMorgan CEO Jamie Dimon Urges Government and Businesses To Act For Common Good
Wednesday, May 20, 2020 - 7:46am | 527Read More...JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon asked that businesses and the government use the ongoing pandemic as an opportunity to build a fairer economy for the common good. The Financial Reality Laid Bare In a staff memo written before the bank’s annual shareholder meeting...
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JPMorgan Will Only Accept Small Business Loans Under Federal Scheme, Suspends All Others
Thursday, April 9, 2020 - 6:29am | 680Read More...Other than loans under the Paycheck Protection Program, JPMorgan Chase & Co. (NYSE: JPM) will not accept any other small business loan applications until further notice. What Happened JPMorgan’s consumer head Gordon Smith informed President Donald Trump on Tuesday the bank had...
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JPMorgan 'Cannot Be Immune' From Pandemic, Says CEO Jamie Dimon Predicting 'Bad Recession'
Tuesday, April 7, 2020 - 5:21am | 671Read More...JPMorgan Chase & Co.’s (NYSE: JPM) CEO Jamie Dimon, has written a letter to shareholders forecasting a “bad recession” and warning that the bank “cannot be immune” to one of the “greatest health threats of a generation.” Major Economic Downturn...
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JPMorgan CEO In Recovery After Heart Surgery, Bank's Co-Presidents Temporarily In Charge
Thursday, March 5, 2020 - 11:57pm | 346Read More...JPMorgan Chase & Co.’s (NYSE: JPM) CEO James Dimon is in a hospital recovering from an emergency heart surgery. What Happened Dimon underwent a successful acute aortic dissection, said the bank in a memo released to its employees, the Wall Street Journal reports. Daniel Pinto and...
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JPMorgan New Asia Pacific Chief Appointed
Thursday, February 27, 2020 - 4:39am | 287Read More...JPMorgan Chase & Co. (NYSE: JPM) has named Filippo Gori to be its new Asia Pacific (APAC) CEO. What Happened Gori will head strategy and operations in 17 markets in the APAC region. He will retain his present positions as head of banking in Asia Pacific and as the Hong Kong chief executive,...
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JPMorgan Set To Cut 1% Of All Jobs In Consumer Unit: Report
Tuesday, January 28, 2020 - 10:44pm | 371Read More...Investment bank JPMorgan Chase & Co. (NYSE: JPM) is cutting about 1% of all its staff in the consumer unit to reduce costs, Bloomberg reported Tuesday. What Happened Bloomberg didn't provide the exact number of employees at risk of losing their jobs but said the number would be in...
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Benzinga's Bulls And Bears Of The Week: Apple, Boeing, Netflix, GE And More
Sunday, January 26, 2020 - 10:12am | 817Read More...Benzinga has examined the prospects for many investor favorite stocks over the past week. Bullish calls included tech leaders and an ongoing turnaround story. Bearish calls included aerospace and electric vehicle leaders. The coronavirus outbreak, the impeachment trial and other news weighed on...
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JPMorgan Raises CEO's Pay To $31.5M After Record 2019 Profit
Friday, January 24, 2020 - 5:36am | 288Read More...The Chief Executive Officer of JPMorgan Chase & Co. (NYSE: JPM), Jamie Dimon is getting a 1.6% raise to $31.5, following the bank’s record earnings in 2019, according to Bloomberg. What Happened Dimon's package includes $25 million in stock compensation, $1.5 million in salary, and a...
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Elizabeth Warren Trolls Billionaires In New Campaign Ad
Thursday, November 14, 2019 - 10:41am | 505Read More...U.S. Sen. Elizabeth Warren isn’t taking criticism lying down. This week, the Democratic presidential candidate is rolling out an ad targeting a group of billionaires who are critical of her 2% wealth tax proposal. The ad, which targets CNBC viewers in Washington and New York, lays...
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Jamie Dimon Talks $200-Million Detroit Investment On '60 Minutes'
Monday, November 11, 2019 - 12:48pm | 623Read More...In 2014, JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon called Mike Duggan, mayor of bankrupt Detroit, offer aid. “Why can’t we make Detroit an example of American exceptionalism?” Dimon said of his thinking Sunday on CBS's "60 Minutes." “Have...
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Jamie Dimon On China, WeWork And Brexit
Tuesday, November 5, 2019 - 4:53pm | 508Read More...JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon spoke with CNBC's Wilfred Frost in London on Tuesday. Here are some key highlights from the conversation. JPMorgan's third-quarter report showed an 8% increase in revenue year-over-year, which makes it more difficult to win...
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Crypto Industry Celebrates Bitcoin Whitepaper 11th Anniversary
Friday, November 1, 2019 - 4:31am | 484Read More...The world’s first cryptocurrency Bitcoin celebrated its 11th birthday on Oct. 31. This is the day when an anonymous actor(s) publicly introduced the digital currency in a whitepaper entitled “Bitcoin: A Peer-to-Peer Electronic Cash System,” under the name Satoshi Nakamoto. The...
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JPMorgan CEO Jamie Dimon: Potential For Zero Rates 'Obviously' A Concern
Wednesday, September 11, 2019 - 10:05am | 405Read More...JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon downplayed the likelihood of interest rates hitting zero, but the bank executive is taking steps to prepare for it, CNBC reported Tuesday. What Happened Dimon said Tuesday at a conference in New York he doesn't believe the U.S. will...
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The Lesson From The Capital One Data Breach: The Cloud Is Vulnerable, And We Shouldn't Forget It
Friday, August 9, 2019 - 12:49pm | 812Read More...The data breach that Capital One Financial (NYSE: COF) disclosed on July 29 was undoubtedly surprising. And yet, it was also entirely predictable. In terms of sheer scope—approximately 106 million impacted accounts over the course of 14 years—this is one of the largest data breaches in...
