BOSTON, Nov 20- New York City's top pension official has called on three major U.S. utilities to name independent board chairs, pressuring them to "decarbonize" their operations by 2050 and underscoring how power companies have split on whether to set such goals. New York City Comptroller Scott Stringer, who oversees about $208 billion in retirement assets,...
Bob Parsons, also a major philanthropist, explains how he went from being "dirt poor" to succeeding in business.
The "Mad Money" host says executive pay can be "a little crazy," but he thinks J.P. Morgan's CEO deserves what he gets.
U.S. stock futures point to a lower open on Wall Street. The stock market trades on a normal schedule, but the bond market is closed for Veterans Day.
U.S. stock futures are pointing to a lower open for the Monday session, potentially interrupting a very bullish run for stocks.
The J.P. Morgan Chase CEO also deflected questions about him making $31 million in 2018, saying: "I have nothing to do with it."
Warren has been chiding billionaires critical of her proposal to raise taxes on the ultra rich to help defray the costs of her ambitious plans to reduce inequality in the U.S.
Jamie Dimon reflects on his bank's advisory work for WeWork after its valuation collapsed and its IPO plans imploded earlier this year.
The Fed has brought the issues under control, but Dimon warned that the central bank's fixes may not be enough.
The Federal Reserve chairman said this week that the central bank is unlikely to alter its liquidity requirements for banks.
Fed Chairman Jerome Powell is expected to say the Fed will do whatever it takes to keep short-term funding markets calm.
An increasing number of business executives and economists have spoken up against adopting a negative interest rates policy for long.
JP Morgan is losing out on many millions of dollars in fees that would've come from leading the IPO and lending to WeWork.
"We're not lowering our standards," Heather Higginbottom stresses. "We're just going out in a broader way."
WASHINGTON, Oct 18- Facebook's Libra digital currency project is "a neat idea that will never happen," JPMorgan Chase Chief Executive Jamie Dimon said on Friday, adding to skepticism about the project that has faced criticism from policymakers and some regulators. Dimon, who made the comments at an event in Washington hosted by the Institute of International...
Dimon's comments come as a raft of corporate partners have dropped out of the libra crypto project.
*Sets aside $1.6 bln for legal expenses. Oct 15- Wells Fargo& Co missed third-quarter profit estimates on Tuesday as mortgage income sank and the fourth-largest U.S. bank by assets braced for additional legal expenses tied to a sales practices scandal that erupted more than three years ago. The lender said on Tuesday it had set aside $1.6 billion for legal...
Oct 15- JPMorgan Chase& Co kicked off bank earnings on Tuesday by beating Wall Street estimates for quarterly profit by a wide margin, a signal that the U.S. consumer remains strong, executives at the largest U.S. bank said. Strength in bond trading and underwriting boosted revenue...
The San Francisco- based lender last month appointed Charles Scharf, a one-time Jamie Dimon protégé known on Wall Street as a detail-oriented number cruncher who excels in streamlining operations, as its new top boss. Mortgage income fell 45%, even as U.S. refinancing activity more than doubled from a year ago, according to data released by the Mortgage...
Oct 15- JPMorgan Chase& Co beat Wall Street estimates for quarterly profit by a wide margin on Tuesday, underpinned by strength in bond trading and underwriting. Overall, revenue rose 8% to $30.06 billion, well above the average analyst estimate of $28.49 billion on the back of better-than-expected results from the bank's bond trading business, where revenue...