The Latest Breaking News from JPMorgan Chase

JPMorgan Chase boss: banking crisis is ‘not yet over’

The CEO of America’s biggest bank said the US Federal Reserve should take some of the blame for the sector’s recent troubles

Evening Standard · Apr 4, 2023

Alibaba Split Boosts Optimism in Chinese Tech Stocks

Today’s announcement by Alibaba Group Holding (BABA ) that it will split its $220 billion business into six main units encompassing e-commerce, media, and the cloud is another factor that may extend the recent rally in Chinese technology stocks. In addition, mostly better-than-expected earnings results from China’s mega-cap technology stocks...

Barchart · Mar 28, 2023

"Pro-climate" banks funding fossil fuels

The disconnect between words and actions has outraged climate activists

Salon · Mar 22, 2023

Who will bid for SVB?

The FDIC is still trying to sell the bank, which is having trouble finding a buyer.

Fortune · Mar 17, 2023

Big banks came to First Republic's rescue, but changing the 'psychology of depositors' may not be easy

“Founders are pretty confused at [the] moment” one venture investor said.

Fortune · Mar 17, 2023

US banking giants pledge $30bn to prop up First Republic Bank

Leaders of top US financial agencies say move is ‘welcome’ amid fears California-based lender could be next to collapse.

Al Jazeera · Mar 16, 2023

Asian shares extend losses as US banking worries persist

Asian shares have fallen as investors around the world watch to see what's next following the second- and third-largest bank failures in U.S. history

The Independent UK · Mar 14, 2023

Why did Silicon Valley Bank fail and is a financial crisis next?

Economists see Lehman Brothers-style crisis as unlikely despite jitters following collapse of California-based lender.

Al Jazeera · Mar 14, 2023

Fears of another financial crisis as US bank stocks tumble after interest rate hikes

Investors are concerned that a relentless rise in interest rates meant to curb inflation are approaching a tipping point and may be cracking the banking system

Wales Online · Mar 14, 2023

SVB's collapse could lead to 'contagion' among regional banks—but experts say it's not a systemic risk to the entire financial system

“We do not believe there is contagion risk for the rest of the banking sector on the heels of SVB's struggles,” David Trainer, CEO of the investment research firm New Constructs, told Fortune.

Fortune · Mar 10, 2023