55 stories tagged #JPMorgan Chase

  1. Senator Lummis Challenges Dimon on Crypto Bill, Cites Text for AML Protections
    crypto

    Senator Lummis Challenges Dimon on Crypto Bill, Cites Text for AML Protections

    Senator Cynthia Lummis publicly rebukes JPMorgan CEO Jamie Dimon, stating his criticism of the Digital Asset Market Clarity Act misrepresents its anti-money laundering provisions.

    2w ago 2 min read
  2. Anthropic's Unreleased AI Model Alarms Congress Over Banking Cybersecurity Risks
    tech

    Anthropic's Unreleased AI Model Alarms Congress Over Banking Cybersecurity Risks

    A classified AI demonstration reveals a powerful vulnerability-finding model, prompting urgent responses from banks and lawmakers on potential regulatory changes.

    2w ago 1 min read
  3. Jamie Dimon Appoints Co-Presidents at JPMorgan as Succession Continues
    finance

    Jamie Dimon Appoints Co-Presidents at JPMorgan as Succession Continues

    JPMorgan CEO Jamie Dimon elevates two senior executives to co-president, the latest step in a multi-year succession plan at the nation's largest bank, which oversees $3.2 trillion in assets.

    2w ago 1 min read
  4. All 32 Major US Banks Pass Federal Reserve Stress Tests, Triggering Shareholder Payouts
    finance

    All 32 Major US Banks Pass Federal Reserve Stress Tests, Triggering Shareholder Payouts

    The Federal Reserve’s annual stress tests found that all 32 large US banks can withstand a severe recession, leading JPMorgan Chase and others to announce dividend increases and share buybacks.

    2w ago 1 min read
  5. Bessent Pitches Trump Accounts, Names Mamdani Democratic Leader
    finance

    Bessent Pitches Trump Accounts, Names Mamdani Democratic Leader

    Treasury Secretary Scott Bessent promotes a government stock ownership program for children, with 5M accounts opened, and declares NYC Mayor Zohran Mamdani the new Democratic leader after primary wins.

    2w ago 1 min read
  6. SpaceX Targets $25 Billion in Notes Offering Amid AI Expansion
    finance

    SpaceX Targets $25 Billion in Notes Offering Amid AI Expansion

    Elon Musk's SpaceX seeks $25 billion through its notes offering to support capital-intensive AI ventures.

    2w ago 1 min read
  7. JPMorgan Posts Record Profit as Dimon Warns of Severe Credit Crisis and Blockchain Risks
    finance

    JPMorgan Posts Record Profit as Dimon Warns of Severe Credit Crisis and Blockchain Risks

    JPMorgan Chase reported record Q1 profits, yet CEO Jamie Dimon warns of severe credit risks in private markets and yield-bearing stablecoins despite expanding blockchain infrastructure.

    3w ago 2 min read
  8. DOJ Probes Wall Street Banks Over Ties to Iranian Supreme Leader’s Finances
    finance

    DOJ Probes Wall Street Banks Over Ties to Iranian Supreme Leader’s Finances

    Federal investigators examine how JPMorgan Chase and Standard Chartered processed billions for an Iranian oil trader linked to Ayatollah Khamenei and the IRGC.

    3w ago 1 min read