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Financials Jamie Dimon

  • A man walks out of a shop displaying a bitcoin sign during the opening ceremony of the first bitcoin retail shop in Hong Kong on February 28, 2014.

    Bitcoin prices fell about 13 percent Thursday after one of the biggest exchanges in China said it will shut down its operation.

  • CHICAGO— JPMorgan Chase& Co. says it plans to invest $40 million over three years in neighborhoods on Chicago's South and West Sides to create economic opportunity. JPMorgan's effort in Chicago mirrors one in Detroit, where the bank initially intended to invest $100 million over five years to spur economic recovery. In May, JPMorgan announced it is upping its...

  • Sept 14- JPMorgan Chase& Co will invest $40 million over three years in Chicago to revitalize neighborhoods, finance small business growth and promote job skills training, the bank said on Thursday. The investment program in Chicago, where the bank has significant business interests, is modeled on a $100 million urban renewal program that JPMorgan began in...

  • MGT Capital Investments CEO John McAfee on CNBC's 'Fast Money' on September 13, 2017

    Dimon called bitcoin a "fraud" that will eventually blow up. McAfee disagreed.

  • Equifax trading information and the company logo are displayed on a screen where the stock is traded on the floor of the New York Stock Exchange in New York.

    The credit reporting company is struggling to contain the fallout from the disclosure of a data breach.

  • When excessive optimism far outweighs normal rational expectations, crashes occur — and this will be the case with bitcoin.

  • Here's why some big financial experts are bashing bitcoin

    Allianz chief economic advisor Mohamed El-Erian and Jamie Dimon, CEO of JPMorgan, have both spoken out against the cryptocurrency.

  • LONDON, Sept 13- Bitcoin slid by more than 10 percent on Wednesday, as investors sold the cryptocurrency after a warning by JPMorgan Chief Executive Jamie Dimon that it "is a fraud" and will eventually "blow up". "He joins a long line of market commentators that have been critical of bitcoin and it potentially being in a bubble, so his comments could have been the tipping...

  • LONDON, Sept 13- Bitcoin slid by more than 10 percent on Wednesday, as investors sold the cryptocurrency after a warning by JPMorgan Chief Executive Jamie Dimon that it "is a fraud" and will eventually "blow up". "He joins a long line of market commentators that have been critical of bitcoin and it potentially being in a bubble, so his comments could have been the tipping...

  • The bitcoin community appears to have resolved the in fighting over the future of the cryptocurrency.

    Bitcoin fell below $4,000 on Wednesday with negative comments from a major business leader about the cryptocurrency.

  • *Sterling hits 1- year high after robust UK inflation data. With most currencies trading in narrow ranges, Britain's pound was in focus, hitting a one-year high above $1.33 and a six-week high on a trade-weighted basis. Sterling was building on a move higher the previous day on the back of strong UK inflation data, which drove expectations that the Bank of England...

  • TOKYO, Sept 13- Asian stocks wobbled on Wednesday but still marked a 10- year high, cheered by record highs on Wall Street, while shares of Apple Inc's suppliers dipped following the release of the latest iPhone. MSCI's broadest index of Asia-Pacific shares outside Japan was slightly lower, after earlier poking up to its highest level since October 2007.

  • NEW YORK, Sept 12- Investors in equities and risk assets should brace themselves for the end of quantitative easing, given the high correlation it has to high stock and junk bond prices, Jeffrey Gundlach, chief executive at DoubleLine Capital, warned Tuesday. Equity and risk-asset investors are "unfortunately about to see the first change in dynamic in years" with...

  • NEW YORK, Sept 12- Bitcoin "is a fraud" and will blow up, Jamie Dimon, chief executive of JPMorgan Chase& Co, said on Tuesday. Speaking at a bank investor conference in New York, Dimon said, "The currency isn't going to work. "Like it or not, people want exposure to bitcoin," Edward Tilly, chairman and CEO of exchange group CBOE Holdings Inc., said at the same conference.

  • NEW YORK, Sept 12- Jamie Dimon, CEO of JPMorgan Chase& Co, said on Tuesday that his eventual successor is an executive working at the bank. Dimon, speaking at the CNBC Institutional Investor Delivering Alpha Conference in New York, said "there are several people" in the bank who board members know could do his job now if necessary. Dimon, 61, made the comment after being...

  • Jamie Dimon speaking at the 2017 Delivering Alpha conference in New York on Sept. 12, 2017.

    With no immediate plans to leave, the CEO of JPMorgan says the bank's next leader will be homegrown.

  • NEW YORK, Sept 12- Billionaire hedge fund manager Ray Dalio on Tuesday threw his weight behind President Donald Trump's top economic adviser, saying it would be "terrible" if Gary Cohn were to leave the Trump administration. "It would be bad for the market," Dalio said at the CNBC Institutional Investor Delivering Alpha Conference of Cohn, who is chairman of the...

  • Jamie Dimon: Want to stay on as CEO for another 5 years

    JPMorgan Chase Chairman and CEO Jamie Dimon speaks to CNBC's Andrew Ross Sorkin at the Delivering Alpha Conference about his future at JPMorgan and the management team at the company.

  • Jamie Dimon: Gary Cohn would do great in any job

    JPMorgan Chase Chairman and CEO Jamie Dimon speaks to CNBC's Andrew Ross Sorkin at the Delivering Alpha Conference about the future for Gary Cohn with his position in the Trump administration or the Federal Reserve.

  • Jamie Dimon: Hurricanes not a reason to change monetary policy

    JPMorgan Chase Chairman and CEO Jamie Dimon speaks to CNBC's Andrew Ross Sorkin at the Delivering Alpha Conference about the state of the economy and markets.