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The Latest Breaking News from Jeremy Barnum

JPMorgan CEO and CFO: Staying competitive requires investment

The bank had strong Q4 earnings and solid credit trends, but analysts were concerned about rising expenses.

Donald Trump’s chaos mandate instantly backfires, exposing how he doesn’t even know the E of economics

Donald Trump’s chaos mandate instantly backfires, exposing how he doesn’t even know the E of economics

The future of America is in these hands. Reality just got scarier.

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JP Morgan boss says Trump attacks on Federal Reserve could push up inflation

JP Morgan boss says Trump attacks on Federal Reserve could push up inflation

Jamie Dimon says pressure on chair Jerome Powell could ultimately increase interest rates

The Guardian - US

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Jamie Dimon issues private credit warning: ‘When you see one cockroach, there are probably more’

JPMorgan CFO Jeremy Barnum said: “A lot of the private credit actors are large, very sophisticated, very good at credit underwriting. So I don’t think … that there are necessarily lower standards there or a huge systemic problem.”

Strong Dealmaking Boosts Profits At US Banking Giants

Robust dealmaking activity and strong trading results helped boost US bank earnings Tuesday despite lingering worries about a softening job market and a potentially overvalued stock market.

International Business Times

As JPMorgan Chase enforces a 5-day RTO, staffers complain about too few desks, spotty Wi-Fi, and sneezing, sick coworkers

The nation’s biggest bank is committed to getting everyone back in the office, but some workers say the conditions aren’t ideal.

JPMorgan's CFO says succession planning for CEO Jamie Dimon is 'strong as ever'

The firm's board is approaching the process with fairness and discipline, Jeremy Barnum says.

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JPMorgan Chase Profits Top Estimates, Bank Sees 'Resilient' US Economy

JPMorgan Chase Profits Top Estimates, Bank Sees 'Resilient' US Economy

JPMorgan Chase reported a dip in profits on higher costs Friday while still topping expectations as executives described US consumers as healthy and the economy as poised to avoid recession.

International Business Times

Mixed Profits At US Banks Amid Weaker Signs From Low-income Customers

Mixed Profits At US Banks Amid Weaker Signs From Low-income Customers

JPMorgan Chase and Citigroup reported increased second-quarter profits Friday despite somewhat higher costs to account for bad loans in light of greater stress on lower-income customers.

International Business Times

US Banks Report Mixed Results, See Consumers As Still Fairly Healthy

US Banks Report Mixed Results, See Consumers As Still Fairly Healthy

Large US banks reported mixed results Friday, dented by exceptional costs connected to job cuts and to replenishing a federal fund tapped during last year's crisis involving midsized lenders.

International Business Times

JPMorgan Chase CEO Jamie Dimon warns the Israel-Hamas conflict ‘may have far-reaching impacts’ on the economy. ‘This may be the most dangerous time the world has seen in decades’

JPMorgan Chase CEO Jamie Dimon warns the Israel-Hamas conflict ‘may have far-reaching impacts’ on the economy. ‘This may be the most dangerous time the world has seen in decades’

“Last week’s attacks on Israel may have far-reaching impacts on energy and food markets, global trade, and geopolitical relationships,” Dimon warned.

Jamie Dimon leads big banks’ earnings triumph: The economy remains ‘resilient,' but a ‘soft landing’ isn’t guaranteed

Jamie Dimon leads big banks’ earnings triumph: The economy remains ‘resilient,' but a ‘soft landing’ isn’t guaranteed

Despite stubborn inflation and rising interest rates that pose "salient risks," Jamie Dimon says he's hoping for the best.

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