Financial writer discusses JPMorgan Chase's strong results, Federal Reserve policies, and how they impact future banking stock performance.
Senator Elizabeth Warren has slammed the Federal Reserve for allowing US banks to break rules designed to prevent another financial crisis and avoid huge taxpayer bailouts.
JP Morgan CEO Jamie Dimon said businesses are "encouraged by expectations for a more pro-growth agenda" heading into 2025.
The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest expenses fell 7% from a year earlier.
US bank JP Morgan has warned that emerging economies like Nigeria may face a significant outflow of capital if former ...
JPMorgan Chase & Co. said it expects its 2025 net interest income to fall to about $90 billion excluding markets from its reported 2024 level of $92.4 billion. The bank said lower interest rates ...