By Nicole Goodkind, CNN NEW YORK — JPMorgan Chase CEO Jamie Dimon issued a stark warning to Wall Street on Wednesday: Inflation could rise further and recession is not off the table. “A lot of things out there are dangerous and inflationary. Be prepared,” he said at the 2023...
Read More
JPMorgan Chase & Co hired Jamie Barwick as executive director and eastern North Carolina market executive for middle market banking. He’s an MBA from UNC’s Kenan-Flagler Business School.
Read More
Chase Bank is going to keep growing its presence across North and South Carolina with new branches upgrades to others, the largest bank in the U.S. said Tuesday.
Read More
The move represents the latest effort by federal regulators to prop up consumer confidence in the US banking system, which has suffered three major bank failures in the last seven weeks. Silicon Valley Bank and Signature Bank both were taken over by the FDIC last month following runs on those banks by their customers.
Read More
JPMorgan Chase is buying most assets of First Republic Bank and assuming all of the lender’s deposits in a deal announced Monday that was arranged by the US Federal Deposit Insurance Corporation.
Read More
“These failures were not good for banks of any size,” says JPMorgan Chase CEO Jamie Dimon, responding to reports that large financial institution benefited greatly from the collapse of SVB and Signature Bank as wary customers sought safety by moving billions of dollars worth of money to big banks.
Read More
JPMorgan Chase & Co.’s third quarter profit fell by 17% from a year earlier, as the bank set aside roughly a billion dollars to cover potential losses in an economic recession that CEO Jamie Dimon has said could come in six to nine months.
Read More
North Carolina’s recent wins in economic development across a broad swath of industries – from biotech to electric vehicles – comes as no surprise to JPMorgan Chase’s top executive Jamie Dimon. After all, his own company continues to expand its presence in the state
Read More
Jamie Dimon, chair and CEO of banking giant JPMorgan Chase, says a recession for the US economy is “probably” imminent after a wave of economic news pointing to a continuing decline in growth and rising mortgage rates.
Read More
