Financials
Jamie Dimon
The bank is pledging millions to the Anti-Defamation League and the Southern Poverty Law Center.
NEW YORK, Aug 21- JPMorgan Chase& Co said on Monday it will contribute up to $2 million to fight racism and support human rights in light of a white nationalist rally in Charlottesville, Virginia, that led to violence and the death of a protester. The sum includes $500,000 each to the Southern Poverty Law Center and the Anti-Defamation League "to further their work in...
SEC drops case against ex-JPMorgan traders after testimony from the man dubbed "London Whale" proved unreliable.
NEW YORK, Aug 18- The top U.S. securities regulator on Friday dropped its civil lawsuit accusing two former JPMorgan Chase& Co traders of trying to hide some of the bank's $6.2 billion of losses tied to the 2012 "London Whale" scandal. The decision by the U.S. Securities and Exchange Commission to dismiss charges against Javier Martin-Artajo and Julien Grout came...
Investors are counting on Trump aide Gary Cohn to help push through tax reform, Jeffrey Sonnenfeld tells CNBC.
The frustrated members of the White House policy forum— which included executives from General Electric, Wal-Mart, General Motors, Boeing, IBM and JPMorgan Chase— chose to dissolve their advisory panel. The White House was then phoned and Trump agreed that it was the right course of action, according to four people familiar with the talks who insisted on...
WASHINGTON/ NEW YORK, Aug 16- President Donald Trump disbanded two high-profile business advisory councils on Wednesday after several chief executives quit in protest over his remarks blaming weekend violence in Virginia on anti-racism activists as well as white nationalists. A parade of prominent Republicans also rebuked Trump, as well as U.S. ally...
WASHINGTON/ NEW YORK, Aug 16- President Donald Trump disbanded two high-profile business advisory councils on Wednesday after several chief executives quit in protest over his remarks blaming weekend violence in Virginia not only on white nationalists but also on anti-racism activists who opposed them. A parade of prominent Republicans and U.S. ally...
Trump disbanded two high-profile advisory groups on Wednesday, after the head of his Strategic and Policy Forum advised the White House the group was breaking up, and a trickle of departures from his American Manufacturing Council threatened to become a mass exodus. "He was at 95 percent already," a source close to Larry Fink, head of investment firm BlackRock Inc,...
A parade of prominent Republicans and U.S. ally Britain also rebuked Trump after his comments on Tuesday about the bloodshed in the college town of Charlottesville further enveloped his seven-month-old presidency in controversy, paralyzed his policy aims and left him increasingly isolated. Trump announced the dissolution of the American Manufacturing...
President Donald Trump announced the disbanding of two high-profile business advisory councils on Wednesday after corporate CEOs quit in protest over his remarks blaming violence in the Virginia city of Charlottesville not only on white nationalists but also on the protesters who opposed them. Trump announced the dissolution of the American...
President Donald Trump announced the disbanding of two high-profile business advisory councils on Wednesday after corporate CEOs quit in protest over his remarks blaming violence in the Virginia city of Charlottesville not only on white nationalists but also on the protesters who opposed them. Trump announced the dissolution of the American...
More CEOs joined the exodus from Trump's business councils as the president tweeted to disband them.
The frustrated members of the White House policy forum— which included executives from General Electric, Wal-Mart, General Motors, Boeing, IBM and JPMorgan Chase— chose to dissolve their advisory panel. The White House was then phoned and Trump agreed that it was the right course of action, according to four people familiar with the talks who insisted on...
- CEOs are 'shortsighted' leaving Trump's special councils, says onetime Trump Labor secretary nominee
"Don't give up your seat at the table," former CKE Restaurants CEO Andy Puzder says.
In a message sent to JPMorgan Chase employees in the United States, CEO Jamie Dimon calls the violence in Virginia disturbing.
Aug 10- Citigroup Inc's stock price is likely to double in the next four to five years, banking analyst Mike Mayo wrote in his first note after joining Wells Fargo Securities. The Wall Street bank is expected to see the best improvement in return on equity and cost of capital among its peers, according to Mayo, who joined Wells Fargo from CLSA Americas in June.
Billionaire David Rubenstein says being Oprah is better than being president.
Aug 10- Citigroup Inc's stock price is likely to double in the next four to five years, banking analyst Mike Mayo wrote in his first note after joining Wells Fargo Securities. The Wall Street bank is expected to see the best improvement in return on equity and cost of capital among its peers, according to Mayo, who joined Wells Fargo from CLSA Americas in June.
The Carlyle Group's David Rubenstein explains why he thinks JPMorgan CEO Jamie Dimon would make a good president of the United States.
