If one of the six biggest U.S. banks decides to embrace bitcoin, it would be a major stamp of legitimacy for the nascent asset class.
JPMorgan co-president Daniel Pinto gives his outlook for the U.S. stock market and opines on the fintech threat, the return to offices and succession planning.
The market's optimism and economic realities could clash if Americans hold on to pandemic habits or spend conservatively because of the recession.
Dimon's blunt assessment was in response to questioning from analysts who pointed out the rich, tech-like valuations of fintech players.
JPMorgan Chase's fourth-quarter earnings per share of $3.79 beat the Refinitiv estimate of $2.62.
The yield on the 10-year Treasury was last at just 0.9% and has stayed below 1% since the pandemic was declared in March.
Failing to agree on another Covid relief stimulus bill will lead to unnecessary suffering as the pandemic deepens, according to a JPMorgan brief.
Although negotiations surrounding a new coronavirus relief bill have resumed, it is still unclear whether new legislation will pass before the new year.
Beaten-down bank stocks are a key way to play the reopening trade thanks to a massive $100 billion pile of cash for loan losses, according to analysts.
JPMorgan said that its asset management division has agreed to buy a fintech start-up that helps financial advisors automate tax-efficient portfolios.
The pandemic has forced change onto what had been one of the most old-school, technologically-resistant corners of Wall Street: investment banking.
"I think that Congress has doomed so many companies. The president has doomed so many companies," CNBC's Jim Cramer said.
Dimon spoke about the need for another relief bill, a transition to Joe Biden as the next president, the need for higher taxes and his views on bitcoin.
JPMorgan CEO Jamie Dimon addressed his U.S. workforce in a memo the morning after the U.S. presidential election.
JPMorgan Chase is making a play to sell more services to millions of American small business owners, CNBC has learned.
Walmart CEO Doug McMillon said the nation's top CEOs want to "keep a spotlight on racial equity and keep the work moving forward," even as Americans live through the coronavirus pandemic and follow the presidential election.
JPMorgan Chase posted earnings that beat analysts' estimates for the top and bottom lines.
J.P. Morgan Chase's Chief Executive Jamie Dimon said calculating wealth can be "extremely complicated," so the rich should be taxed on their income.
Cases have emerged where criminals used PPP funds to purchase Lamborghinis and other luxury items.
The coronavirus pandemic has helped exacerbate inequality in U.S. cities, resulting in more job losses and worse health outcomes for people in low-income neighborhoods.
