Jpmorgan Chase Stock Price, News & Analysis

J.P. Morgan announces the establishment of a new office in Athens, Greece, enhancing its local presence in the Corporate & Investment Bank and Asset & Wealth Management sectors. The office will feature a Payments Innovation Lab aimed at driving research and development in payment systems, including technologies like blockchain and AI. Initially, around 50 employees will be hired for the lab. This expansion underscores the firm’s commitment to Greece and is part of its strategy to leverage local talent in technological innovations.

JPMorgan Chase & Co. (NYSE: JPM) has filed its Quarterly Report on Form 10-Q for the quarter ended September 30, 2022, which is accessible on the SEC's website and the Firm's Investor Relations site. As of this date, JPMorgan Chase reported $3.8 trillion in assets and $288 billion in stockholders’ equity. As a leading financial services firm, it offers a range of services including investment banking, consumer and small business financial services, and commercial banking to millions of customers in the U.S. and globally.

Chase Home Lending has expanded its $5,000 Homebuyer Grant program to nearly 5,000 Hispanic and Latino communities across 20 markets. This initiative addresses major barriers to homeownership, including down payments and closing costs. Launched in 2021 for predominantly Black communities, the program aligns with Chase's commitment to racial equity and economic empowerment. The grant can be combined with various mortgage options and supports properties in designated census tracts. Additional resources for homebuyers include a $2,000 VA Purchase Closing Cost Benefit for veterans.

Star Mountain Capital has appointed T. J. Della Pietra, former Global Head of Citi Holdings, as a Senior Advisor. With over $3 billion in assets under management, Star Mountain focuses on lower middle-market investments in North America. Della Pietra brings over 35 years of experience in financial leadership, including significant roles at Citigroup and J.P. Morgan. The firm emphasizes alignment of interests, investing personal capital alongside stakeholders.

J.P. Morgan Wealth Management has launched its new remote advice service, J.P. Morgan Personal Advisors, allowing clients to video chat with advisors and build personalized financial plans.

As part of the launch, the firm is waiving advisory fees for six months for new clients. The service integrates with the Chase ecosystem, facilitating clients' banking and investment needs. With over 200 licensed advisors currently and plans to hire more, this initiative aims to cater to a broader client base seeking expert financial guidance.

Chase, Visa, and The Walt Disney Company have announced a multi-year extension of their Disney co-brand card programs, including the Disney Visa Card, Disney Premier Visa Card, and Disney Visa Debit Card. This partnership will continue to offer exclusive benefits and rewards to Cardmembers. A new limited-edition Disney Premier Visa Card design will be available in January 2023, coinciding with Disney's 100th anniversary. Cardmembers can earn rewards on purchases across Disney's platforms and enjoy discounts at Disney Parks and stores.

Chase has enhanced its Secure Banking service by allowing customers to access direct deposits up to two days early. This initiative includes payroll, tax refunds, and government benefits, impacting nearly 90% of Secure Banking direct deposits. The upgrade aims to assist customers in managing expenses effectively and avoiding late fees. There’s no enrollment needed; customers are automatically eligible. The $4.95 monthly service fee provides a range of banking services, with customers reportedly saving an average of $50 a month in fees.

JPMorgan Chase's CFO, Jeremy Barnum, will present at the BancAnalysts Association of Boston Conference on November 4, 2022, at 9:50 a.m. Eastern. The event will be held at the Four Seasons Hotel in Boston. A live audio webcast of the presentation will be accessible on www.jpmorganchase.com under the Investor Relations section.

As of September 30, 2022, JPMorgan Chase holds $3.8 trillion in assets and $288 billion in stockholders’ equity, making it a leader in investment banking and financial services globally.