JPMorgan Chase

JPMorgan to become global partner of 2028 Olympics, 2030 Winter Games

The company will offer financial health workshops for athletes through an IOC platform

Their weights will be introduced gradually, with Saudi Arabia expected to reach 2.52% and the Philippines 1.78% once fully phased in.

Saudi Arabia, Philippines to join JPMorgan emerging market bond index in 2027

The inclusion will cover Saudi riyal-denominated sovereign sukuk and Philippine peso-denominated government bonds

Wells Fargo reduced its headcount by 4,199 jobs in the first three months of the year.

Wall Street banks cut more than 5,000 jobs even as they notch record profits

The banks’ willingness to trim headcount shows they are eyeing AI to help them do more with less

JPMorgan expects to spend about US$105 billion this year, excluding legal expense.

JPMorgan traders blow past expectations with biggest-ever haul

The biggest US bank has pulled in US$11.6 billion in trading revenue in the first quarter

Heitsenrether, on how AI will impact the world, says: “The ability to connect with people (will not) go away with technology, especially in our business. It’s a business that’s about trust and relationships."
THE LEADERSHIP PLAYBOOK

From intern to C-suite: JPMorgan’s Teresa Heitsenrether on building a fully AI-powered ‘megabank’

There are plans to more than double the company’s data and AI talent in the Asia-Pacific region, with ‘meaningful addition’ in Singapore

JPMorgan analysts forecast that America’s biggest banks will issue about US$35 billion in bonds this quarter.

Big US banks set to temper bond sales after strong 2026 debut

Sales will occur after the six firms release first-quarter results

JPMorgan CEO Jamie Dimo says the US economy remains resilient as consumers spend and businesses stay healthy.

JPMorgan CEO Jamie Dimon warns Iran war may drive inflation and interest rates higher

Dimon highlights major risks, citing wars in Ukraine and the Middle East alongside China tensions

Nasdaq sought approval from the US Securities and Exchange Commission (SEC) in September to allow stocks to be tokenised and traded on regulated venues like itself.

IMF warns tokenised finance risks amplifying market crises ahead

Banks and companies such as BlackRock and JPMorgan test tokenisation to trade stocks and boost fee revenue