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JPMorgan CEO Jamie Dimon has a clear message for Donald Trump: ‘Playing with Fed can…’; warns of tariff impact – Times of India

JPMorgan Chase CEO Jamie Dimon appeared to be delivering a message to Donald Trump regarding the US President’s pressure campaign on the Federal Reserve, defending the central bank’s independence and cautioning against policy interference.“The independence of the Fed is absolutely critical,” Dimon said on the bank’s second-quarter earnings call, “and not just for the current…

JPMorgan Q2 results: Bank’s profit beats estimates at $14.2 billion; revenue strong but CEO Jamie Dimon warns of global risks – Times of India

alishpagda08@gmail.com7 days ago03 mins

JPMorgan Chase reported a second-quarter net profit of $14.2 billion on Tuesday, down from $18.3 billion a year ago, but ahead of Wall Street expectations. The bank posted adjusted earnings of $4.96 per share, surpassing analysts’ forecast of $4.48, although lower than the $6.12 per share it earned in Q2 2024.Total managed revenue stood at…

GBI-EM Global Diversified index: Why JPMorgan is thinking of cutting India, China share in EM Bond Index – explained – Times of India

alishpagda08@gmail.com2 weeks ago03 mins

The bank has been gathering client input regarding potential modifications to its GBI-EM Global Diversified index. (AI image) JPMorgan Chase & Co. is evaluating potential adjustments to its primary emerging-market index by reducing the allocation of major bond issuers, including China and India, aiming to encompass a wider spectrum of developing-nation debt.According to documents reviewed…

JPMorgan Chase CEO Jamie Dimon Warns of Economic Pain From Trump’s Tariffs

alishpagda08@gmail.com4 months ago05 mins

President Trump’s wave of tariffs threatens to bring both short-term economic pain, including lower growth, and long-term damage to America’s standing and trade relationships around the world, the chief executive of Wall Street’s biggest bank warned on Monday. “The recent tariffs will likely increase inflation and are causing many to consider a greater probability of…

Charlie Javice Found Guilty of Defrauding JPMorgan in 5 Million Acquisition

Charlie Javice Found Guilty of Defrauding JPMorgan in $175 Million Acquisition

alishpagda08@gmail.com4 months ago06 mins

Charlie Javice, who made big headlines in 2023 when JPMorgan Chase accused her of faking her start-up’s customer list, was found guilty in federal court Friday of fraud. She now faces the possibility of decades in prison. The bank has its own civil lawsuit on standby, as it attempts to claw back her share of…

JPMorgan’s net income jumps 50% to more than $14 billion in the final quarter of 2024 – Times of India

alishpagda08@gmail.com6 months ago02 mins

JPMorgan‘s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat Wall Street forecasts. Earnings per share rose to $4.81 from $3.04 a year ago. The result beat Wall Street profit projections of $4.09 a share, according to the data firm FactSet. Total managed…