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The bank paid $5 million in reparations in the form of a scholarship program for Black students. [15] [16] [17] J.P. Morgan, the company itself, is still active as the business and investment banking subsidiary of JPMorgan Chase; Chase Manhattan Bank is still active as the personal banking subsidiary of the company.
JPMorgan Chase (JPM) elevated Jennifer Piepszak to chief operating officer as part of a new management reshuffling announced Tuesday, but the nation’s largest bank said that Piepszak doesn’t ...
In April 2006, JPMorgan Chase acquired Bank of New York Mellon's retail and small business banking network. The acquisition gave Chase access to 339 additional branches in New York , New Jersey , and Connecticut . [ 64 ]
De Long, Bradford. "Did JP Morgan's Men Add Value?: An Economist's Perspective on Financial Capitalism," in Peter Temin, ed., Inside the Business Enterprise: Historical Perspectives on the Use of Information (1991) pp. 205–36; shows firms with a Morgan partner on their board had higher stock prices (relative to book value) than their competitors
JPMorgan Chase said Tuesday it's leaving the Net Zero Banking Alliance (NZBA), completing a mass exodus of Wall Street banks from a key climate group.The biggest lender in the US said it would ...
JPMorgan Chase and Bank of America are taking steps to limit junior bankers' work hours. The move follows scrutiny over Wall Street's culture of overworking and a recent death.
JPMorgan Chase Bank, N.A., doing business as Chase, is an American national bank headquartered in New York City that constitutes the consumer and commercial banking subsidiary of the U.S. multinational banking and financial services holding company, JPMorgan Chase. The bank was known as Chase Manhattan Bank until it merged with J.P. Morgan & Co ...
Marianne Lake, who runs JPMorgan's sprawling consumer franchise, offers her thoughts on the state of bank regulation, Trump's return to the White House, and the possibility of a soft landing.