JPMorgan Chase

Lawsuits over big banks' role in Jeffrey Epstein's sex-trafficking ring have now secured hundreds of millions of dollars in settlements. Here, a photo shows a Federal Bureau of Prisons page for Epstein, part of a trove of documents obtained by the Associated Press this month.

National

Epstein accuser Jane Doe 1 reaches $290 million settlement with JPMorgan Chase

4:34pm June 12, 2023

JPMorgan agreed to the settlement on the same day a federal judge granted class-action status to the lawsuit, saying the number of plaintiffs involved could be "well over 100 people."

Chairman and CEO of JPMorgan Chase & Co. Jamie Dimon testifies during a hearing before the House Committee on Financial Services at Rayburn House Office Building on Capitol Hill on Sept. 21, 2022.

Economy

It's almost impossible to find a CEO who isn't bracing for a recession

7:58am October 14, 2022

by David Gura

Nearly all the chief executives in a new survey — 98% — say they're getting their ducks in a row for an impending economic downturn in the United States.

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Job cuts are rolling in. Here's who is feeling the most pain so far

5:45am June 29, 2022

by David Gura

Tesla, JPMorgan, Netflix, Redfin and Coinbase are among companies that are cutting jobs. While layoffs are contained to the hottest parts of the economy, there's fear they could spread elsewhere.

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Goldman Sachs says it's winding down its operations in Russia, Wall Street's first major departure from the country.

World News

Wall Street banks Goldman Sachs and JPMorgan Chase are pulling out of Russia

5:23pm March 10, 2022

by Rachel Treisman

Goldman Sachs says it's "winding down its business in Russia in compliance with regulatory and licensing requirements," two weeks after the country first invaded Ukraine.

Walmart is no longer requiring employees to wear masks unless they are mandated by local regulations.

Amazon, Walmart and JPMorgan Chase among companies relaxing employee mask mandates

11:00am February 15, 2022

by Anthony Tellez

As several states relax mask mandates, U.S. companies are easing up their own rules.

"We still face much uncertainty regarding the future path of the economy," JPMorgan Chase CEO Jamie Dimon said Tuesday in a statement accompanying the giant bank's financial results.

Economy

'We Still Face Much Uncertainty': Pandemic Hammers Big Banks

12:56pm July 14, 2020

The dramatic collapse of the U.S. economy is pummeling America's largest banks. Wells Fargo has posted its first quarterly loss since 2008 and JPMorgan Chase has set aside billions to cover bad loans.

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JPMorgan Chase CEO Jamie Dimon says the coronavirus pandemic will have devastating consequences for the global economy.

Economy

Jamie Dimon Warns 'A Bad Recession' Is Coming

10:04am April 07, 2020

by Jim Zarroli

In a letter to shareholders, the JPMorgan Chase CEO applauds the government and the Fed for quick work, but says the pandemic will have devastating consequences for the global economy.

Jamie Dimon, Chairman and CEO of JPMorgan Chase, speaks at the Bloomberg Global Business Forum, in September.

Health & Safety

JPMorgan CEO Jamie Dimon Recovering From Heart Surgery

9:54pm March 05, 2020

by Scott Neuman

Dimon, 63, who is the longest-serving head of a major U.S. bank, experienced "an acute aortic dissection" and underwent surgery to repair it Thursday morning, a JPMorgan memo said.

JPMorgan Chase will pay $5 million to hundreds, possibly thousands, of men who filed for primary caregiver leave and were denied in the last seven years.

National

A Dad Wins Fight To Increase Parental Leave For Men At JPMorgan Chase

4:59pm May 30, 2019

by Yuki Noguchi

Derek Rotondo filed a class-action complaint against his employer for offering more paid parental leave to women than to men. On Thursday, the bank announced it settled the case.

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Health & Safety

Atul Gawande Named CEO Of Health Venture By Amazon, Berkshire Hathaway And JPMorgan

1:04pm June 20, 2018

by Scott Hensley

A surgeon at Brigham and Women's Hospital in Boston, Gawande is probably best known for his work writing about how to improve quality and lower costs in health care.