JPMorgan Bank

JPMorgan Chase acknowledged for the first time that it closed the bank accounts of President Donald Trump and several of his businesses in the political and legal aftermath of the January 6, 2021 attacks on the US Capitol, the latest development in a legal saga over the controversial practice of "debanking." The acknowledgment came in a court filing submitted this week in Trump's lawsuit against the bank and its leader, Jamie Dimon. The president sued for USD 5 billion, alleging that his accounts were closed for political reasons, disrupting his business operations. "In February 2021, JPMorgan informed Plaintiffs that certain accounts maintained with JPMorgan's CB and PB would be closed," JPMorgan's former chief administrative officer Dan Wilkening wrote in the court filing. The "PB" and "CB" stands for JPMorgan's private bank and commercial bank. Until now, JPMorgan has never admitted it closed the president's accounts, and would only speak hypothetically about when the bank closes

The bank has been benefiting from heightened volatility in markets fueling trading activity among its clients, as well as an uptick in dealmaking

JPMorgan, which counts India and Japan as its two fastest-growing Asian markets in terms of revenue from corporate banking, expects no let-up in growth despite US doubling tariffs on Indian imports

America has not done immigration policies well, JPMorgan Chase Chairman and CEO Jamie Dimon said, voicing support for merit-based immigration. America is indispensable. It's not indispensable because we're better. It's indispensable because (we have) the best military in the world, the most prosperous nation in the world, the best economy in the world, the best technology, the roots of that technology, the freedoms we have. It's what brought people here, Dimon said. His remarks came during a conversation with Databricks CEO and Co-founder Ali Ghodsi at the Data + AI Summit 2025 in San Francisco last week. Dimon added that "America's role is indispensable. That role is economic, it's military, it's education, it's allowing people to come here, want to stay here, like more merit-based, which we should be doing. That's the most important thing." He recalled that his grandparents were Greek immigrants who never went to high school. Dimon said he has a list of policies that America did

JPMorgan's forecast came alongside similar changes from other banks, which have been slashing projections for US growth this year since the tariff announcement

JPMorgan Chase CEO Jamie Dimon's comments come as stock markets have been affected by changing tariff policies and investor confidence remains shaky amid trade tensions

JPMorgan's leadership is pushing for increased efficiency, with Jamie Dimon instructing departments to achieve 10% productivity improvements

Newly-appointed co-heads of investment banking for India will report to Paul Uren, head of investment banking for Asia Pacific, and to Kaustubh Kulkarni, senior country officer for JPMorgan in India

JPMorgan's net income soared 50 per cent to more than USD 14 billion in the fourth quarter as the bank's profit and revenue easily beat Wall Street forecasts, and other major banks reported banner earnings for the year. Earnings per share rose to USD 4.81 from USD 3.04 a year ago. The result beat Wall Street profit projections of USD 4.09 a share, according to the data firm FactSet. Total managed revenue hit USD 43.7 billion, up 10 per cent, from USD 39.9 billion a year ago. Wall Street was expecting revenue of USD 41.9 billion. JPMorgan posted a record USD 54 billion profit for the year, or USD 18.22 per share, adjusted for one-time expenses. Yet interest income fell 3 per cent to USD 23.5 billion, driven lower by lower interest rates. JPMorgan CEO Jamie Dimon said the bank got a boost from investment banking business, where fees rose 49 per cent and markets revenue jumped 21 per cent. The bank's consumer banking business also thrived, with clients opening nearly 2 million check

Private equity has grown over the past few years, with an increasing number of firms turning to private credit as the main source of financing their deals

The US bank will pitch the products to clients in Asia-Pacific and Europe, in addition to providing support for the offerings developed from the Gujarat International Finance Tec-City, or GIFT City

Dimon, 68, has been the subject of repeated speculation in recent weeks as a candidate for Treasury secretary by both Republicans and Democrats

The South Asian nation surprised investors by imposing restrictions on sales of new securities with those tenors this week, just a month after it was included in JPMorgan's flagship gauge

Investors' eagerness for short-term bonds are driven by lower supply of treasury bills

An old interview where JPMorgan Chase CEO Jamie Dimon talks on the importance of working smart to maintain a balance between professional and personal life is going viral again

Indian government bonds enter JP Morgan's GBI-EM Index, expected to attract $30 billion in inflows

Singh, popularly known as PD, had received regulatory approval in January 2023 for a three-year term as CEO of JPMorgan Chase Bank India

The New York-based lender already employs about 55,000 people, about a fifth of its global workforce, across five Indian cities

The Commodity Futures Trading Commission (CFTC) said Thursday the bank would pay $100 million to settle a multiyear probe into the JPMorgan's trade monitoring

The board is 'spending significant time on developing operating committee members who are well-known to shareholders as strong potential CEO candidates,' it said in a proxy statement