Teresa Heitsenrether, overseeing the AI rollout at America’s largest bank, on what it means for thousands of employees and millions of Chase Bank customers.

JPMorgan Chase said on Monday it was setting aside another $50 billion for its direct lending push, as the Wall Street giant looks to expand its foothold in the rapidly growing private credit market.

JPMorgan Chase (NYSE:JPM) is pouring an additional $50B into its direct-lending push, it said on Monday, eyeing a leading role in the $1.6T private credit market, according to a media report dated Monday.

JPMorgan Chase CEO Jamie Dimon just sold a massive amount of his company’s stock. New SEC filings show Dimon sold a total of 866,361 shares at a price of $269.83 on Thursday, worth a whopping $233.77 million.

JPMorgan Chase is reportedly refusing to cover losses for a customer who lost her life savings to a fraudster.

The layoffs are a part of the "regular management of the business", a spokesperson said, adding that the bank still has 14,000 open positions.

Glory Partners LLC decreased its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 24.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission.

When Nicolas Welch snagged a front-row seat at JPMorgan Chase’s town hall meeting in Columbus on Feb. 12, he wasn’t expecting any trouble. He was just a few feet away from Jamie Dimon ...

JPMorgan Chase began layoffs Feb. 5 and plans to announce additional cuts in mid-March, May, June, August, and September, sources told Barron’s. Not every line of business will be impacted in each round of those layoffs.

WASHINGTON TRUST Co trimmed its position in JPMorgan Chase & Co. (NYSE:JPM) by 2.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC).

Workers at the largest US bank have complained in internal chats about losing hybrid working arrangements, and one group launched an online petition.