The Latest Breaking News from JPMorgan

Wall Street banks are building cash reserves to cope with a “mild recession.” It’s a more optimistic outlook than some CEOs have previously offered.

JPMorgan, Wells Fargo, Bank of America and Citigroup all opened lower on Friday after reporting earnings.

Less than two years after buying Frank, the bank claims that Frank’s management invented numbers it provided during the due diligence process.

Stock futures drift higher, yields slide, with earnings on deck; JPMorgan leads bank earnings parade with growth outlook in focus; Tesla shares slump after another round of U.S. Price cuts; Boeing 737 Max makes first flight in China since 2019 grounding and Delta Air Lines earnings lead optimistic U.S. carriers.

JPMorgan bought company that supposedly helped millions apply for student loans but now claims the numbers were faked.

UnitedHealth earnings topped, with JPMorgan and several banks on tap. Tesla slashed its U.S. and European prices.

Charlie Javice launched Frank six years ago to help students grappling with the soaring cost of college tuition to afford higher education, but Chase alleges 93% of her customers were fictitious.

JPMorgan reports Q4 results early Friday. Analysts expect one key metric to surge. JPM stock hovers near a buy zone.

JPMorgan Chase CEO Jamie Dimon says he shouldn't have used the word "hurricane" to describe what lies ahead for the U.S. economy last year, but adds that there still are "storm clouds" and "heightened uncertainty."