One JPM worker, who has been with the bank for several years, said everyone on their team got a 2% raise. (The five employees Fortune spoke with for this story did not want their
NCPRR and NLPC sent Goldman and JPMorgan the anti-DEI proposals, while Bank of America and Citi received proposals from NLPC and The Heritage Foundation asking them to audit whether they have surveilled customers based on their political and religious beliefs, according to the Journal.
Traders at JPMorgan Chase, for instance, have never had a better fourth quarter after seeing revenue surge 21% to $7 billion, while Goldman Sachs’ equities business generated $13.4 billion for the full year — also a record. For Wall Street ...
Kevin Willsey, JPMorgan Chase’s global chair of investment banking, is retiring after over 30 years. He led the bank to become the top equity underwriter in 2008 and 2009 and was appointed global chair in 2013.
How JPMorgan Chase performs in 2025 will largely depend on how economic conditions evolve. A backdrop of a firm labor market and durable credit conditions would support the bank's income growth. Investors comfortable with this baseline scenario have good reason to buy or hold the stock.
AI and automation could eliminate 200,000 Wall Street jobs. Discover which roles are most at risk and how to future-proof your career.
Big U.S. banks found themselves on the defensive Thursday, with Bank of America saying it doesn’t have a “political litmus test” for clients, after President Trump suggested that leading financial institutions weren’t letting conservatives do business with them.
Now that the largest six U.S. banks have reported their fourth-quarter results, it is clear that investors are continuing to celebrate the group’s performance. And although the banks have varying business models,
JPMorgan Chase CEO Jamie Dimon on Wednesday said the U.S. stock market is overvalued and explained why he’s a little more pessimistic about the global economy than your average Wall Street insider.
The state's attorney general warned Goldman, JPMorgan, BlackRock, and other heavyweights of possible legal consequences to their diversity policies.
© 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and ...
The yield of the S&P 500 is around its lowest level in 25 years, with well-known index funds like the Vanguard S&P 500 ETF ( VOO 0.43%) and the SPDR S&P 500 ETF yielding just 1.2%. Here are three ways to generate more dividend income from stocks than passively investing in the S&P 500.