U.S. President Donald Trump on Thursday expressed his ire with BofA (BAC) and JPMorgan (JPM) over not doing business with conservatives. Read more here.
JPMorgan Chase CEO Jamie Dimon, who oversees the country’s largest bank, said Wednesday that Americans need to “get over it” when it comes to President Donald Trump ’s tariff plans driving up prices, as many economists have warned they will.
Jamie Dimon, the billionaire head of the U.S.’ biggest bank, lauded Tesla CEO Elon Musk, the richest man on the planet and a key part of President Donald Trump’s administration, on Wednesday, squashing a long-running beef between the billionaires’ companies as Dimon becomes the latest billionaire warming to Musk or Trump.
Jamie Dimon’s comments follow JPMorgan’s decision late last year to drop a case filed against Tesla in 2021, which had sought $162.2 million plus fees over a dispute regarding stock warrant transactions.
The president's freewheeling, off-the-cuff proclivities will likely have big effects on markets, and top bankers are getting ready for potential volatility.
In response to external attacks on DEI at big-name financial firms, JPMorgan Chase CEO and Chair Jamie Dimon had a few choice words regarding the activists: “Bring them on.” The comments were made Wednesday on CNBC’s “Squawk Box” program, filmed at the World Economic Forum in Davos, Switzerland.
JPMorgan Chase has set up a war room in response to President Trump’s many executive orders, while other firms are scrambling.
JPMorgan Chase said on Thursday that long-serving CEO Jamie Dimon's 2024 pay package climbed about 8.3% to $39 million after the bank posted a record profit amid a revival in dealmaking and fundraising activities.
JPMorgan Chase & Co. Chief Operating Officer Daniel Pinto said private credit’s financing of small businesses warrants attention, given the booming industry has yet to experience the fallout from an economic deterioration.
US President Donald Trump on Thursday accused the leaders of Bank of America and JPMorgan Chase of denying banking services to conservatives.
President Donald Trump offered economic world leaders a choice; manufacture your products in America, or face tariffs. Follow Newsweek's live blog for updates.