The largest US bank set up a "war room" to comb through all of the new policies issued by the new president on his first day in office, according to JPMorgan head of asset and wealth management Mary Callahan Erdoes.
CEOs on the defensive after the President's comments at World Economic Forum Big U.S. banks found themselves on the defensive Thursday, with Bank of America saying it doesn’t have a “political litmus test” for clients after President Trump suggested that leading financial institutions weren’t letting conservatives do business with them.
In response to external attacks on DEI at big-name financial firms, JPMorgan Chase CEO and Chair Jamie Dimon had a few choice words regarding the activists: “Bring them on.” The comments were made Wednesday on CNBC’s “Squawk Box” program, filmed at the World Economic Forum in Davos, Switzerland.
Jamie Dimon reaffirmed JPMorgan's DEI commitments after pressure from an activist shareholder.
Jamie Dimon’s comments follow JPMorgan’s decision late last year to drop a case filed against Tesla in 2021, which had sought $162.2 million plus fees over a dispute regarding stock warrant transactions.
Amid Trump-fueled euphoria, the Wall Street giant's longtime CEO asserts growth remains "the only real solution" to reducing risks from deficits.
JPMorgan Chase & Co. President Daniel Pinto discusses the state of the US economy as Donald Trump's new administration takes office. He also discusses mergers and acquisitions, inflation in the US and how geopolitics could derail optimism.
JPMorgan Chase CEO Jamie Dimon on Wednesday downplayed concerns about new tariffs from the Trump administration: 'If it's a little inflationary, but it's good for national security, so be it.'
DAVOS, SWITZERLAND — JPMorgan Chase (JPM), like the rest of the world, is scrambling to figure out what the start of Trump 2.0 means. The largest US bank set up a "war room" to comb through all ...
The claim that big banks have closed accounts held by certain political or business customers gained new visibility this week when President Donald Trump confronted by name the CEOs of JPMorgan and Bank of America.
The president has told Bank of America and JPMorgan Chase to stop cutting conservatives off from doing business.