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The Latest Breaking News from Jamie Dimon

Glitz and Gladwell: the infighting over prized JPMorgan wealth clients

Author of ‘The Tipping Point’ calls on Jamie Dimon to intervene in tug of war for rich customers

Financial Times

Jeff Bezos, one of the world’s richest men, warns the rest of us about economic recession: ‘Batten down the hatches’

The CEO of JPMorgan Chase, Jamie Dimon, also predicts a recession within the next nine months

The Independent UK

Bank CEOs increasingly turning pessimistic on economy

The outlook of the U.S. economy from Wall Street’s biggest banks is getting gloomier and gloomier, after the industry spent the past year and a half trumpeting that the U.S. economy is strong and the U.S. consumer resilient

The Independent UK

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

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.

WEKU

Will S&P 500 Plummet? Dimon Predicts 'Another Easy 20%' And 'Some Kind Of' Recession

JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon has warned of a looming recession as stocks continue to fall.

Benzinga

Analysis: Why Investors Should Hope Jamie Dimon Is Wrong Again About The Markets

On Monday, the CEO of one of the biggest banks in the world, Jamie Dimon of JPMorgan & Chase Co (NYSE: JPM) made a bearish statement

Benzinga

Liz Truss deserves ‘benefit of the doubt’ after sparking market turmoil, JP Morgan chief says

Jamie Dimon says he would ‘like to see the new PM be successful’

The Independent UK

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First Thing: backlash against Saudi Arabia grows in Congress over oil cut

An influential Democratic senator has threatened to freeze weapons sales to the kingdom. Plus, Ukraine demands more western missiles

The Guardian - UK

JPMorgan CEO Jamie Dimon expects US recession in six to nine months

NEW YORK: JPMorgan Chase Co chief executive officer Jamie Dimon said "serious" headwinds are likely to push the US and global economies into recession by the middle of next year.

The Times of India

US is headed for a recession, says head of JP Morgan Chase bank

Jamie Dimon said the Federal Reserve ‘waited too long and did too little’ as inflation has surged in the past 18 months

The Guardian - US

ASX reversed gains, Aussie dollar dips below 63 US cents, business activity booms in September

Australian shares pare gains while key surveys show business activity and consumer spending are still strong despite rapid rate increases.

ABC News

Economy and Society, September 27, 2022: House Financial Service Committee addresses ESG

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

Ballotpedia

Top US bank CEOs warn they can stop working with China if Taiwan is invaded

‘We will follow government’s guidance which has been for decades to work with China’

The Independent UK

Broken Record? JPMorgan CEO Continues Rant On Bitcoin, Calls It A 'Ponzi Scheme'

JPMorgan Chase (NYSE: JPM) CEO Jamie Dimon's tirade against cryptocurrencies continues.

Benzinga

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Roll Call

Bank executives warn lawmakers of lending risk among nonbanks - Roll Call

Bank executives warned House lawmakers that the biggest lenders in the mortgage market are nonbanks that face fewer capital requirements.

Reuters

U.S. bank CEOs back Fed hikes during congressional grilling on economy, China ties

The country's top bank chiefs endorsed U.S. Federal Reserve rate hikes as a means to tame soaring inflation, while acknowledging there will be pain ahead, when appearing before Congress during a wide-ranging and mostly sedate hearing on Wednesday.

Benzinga

JPMorgan Chase Seeks To Hire Metaverse, Crypto Expert To Boost Industry Presence

JPMorgan Chase (NYSE: JPM) is on the hunt for someone who can help the banking behemoth navigate a “sea of technological change.”

The Guardian - US

Is the work-from-home debate already over?

Both remote work and a return to the office have their benefits – which is why a compromise is inevitable

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Benzinga

Banking In Pajamas? Top Brass Like Jamie Dimon Say No More

Since the start of the COVID-19 pandemic in March 2020, many companies around the globe had their employees working remotely or from home. Two years later, many companies are asking for employees to return to the office, at least part-time. Employers believe that being in an office setting drives creativity, boosts…

The Guardian - UK

JP Morgan Chase sets aside funds to cover feared loan losses

Largest US bank saw net income fall 28% from April to June and is concerned about economy and geopolitical tensions

Benzinga

JPMorgan Chase and Morgan Stanley Report Earnings: Where Did The Profits Go?

Two of the nation's largest banks, JPMorgan Chase & Co (NYSE: JPM) and Morgan Stanley (NYSE: MS), reported quarterly earnings Thursday that failed to meet analyst expectations, and more seriously, profits were dow

WEKU

Why some of the country's top CEOs fear a recession is coming

The Fed will continue raising interest rates this week as inflation continues to soar. Some CEOs worry the fight to bring prices under control could end up sparking an economic downturn.

Benzinga

Cathie Wood Says Credit Default Swap Market Is Extremely Bearish As ARKK Fund Drops Another 8%

Shares of the ARK Innovation ETF (NYSE: ARKK) dropped 8% Monday and are now down 68.6% over the past 12 months. ARKK fund manager Cathie Wood said Monday morning that the credit default market seems to confirm that the market outlook has significantly worsened.

The Guardian - US

How Texas punishes companies who ‘discriminate’ against gun manufacturers

A Texas law dictates which firms state agencies can do business with and requires written affirmations to the attorney general

Evening Standard

Musk and Dimon warn of heavy weather, but in the longer run we will survive

City Comment: Take a longer view on the economy

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