Jpmorgan Chase Stock Price, News & Analysis

The J.P. Morgan Wealth Management Diverse Investor Study reveals key insights about investment preferences among Black and Hispanic Americans. Notably, 59% of Black and 57% of Hispanic participants wish to actively select their investments, while a significant 70% prioritize BIPOC-owned companies. The study, conducted from April 26 to May 9, 2022, included 2,014 respondents, identifying their concerns with rising inflation (88%) but showing resilience towards market dips (69%). Furthermore, women are increasingly optimistic yet approach investing more cautiously than men.

J.P. Morgan Asset Management has appointed Steve Rubino as Head of Retirement and Chair of the Defined Contribution Operating Committee, effective September 14. Rubino, who has nearly 30 years of experience in financial services, previously led workplace retirement at Edelman Financial Engines. He will oversee the firm's $255 billion workplace retirement business, focusing on strategy, distribution, and product development. Additionally, Brant Wong expands his role to lead the retirement platform businesses, enhancing the firm's commitment to improving retirement outcomes for Americans.

JPMorgan Chase & Co. (NYSE: JPM) has declared dividends on its Series V, X, and II preferred stock. The firm reported $3.8 trillion in assets and $286.1 billion in stockholders’ equity as of June 30, 2022. This dividend declaration reaffirms the company's commitment to returning value to shareholders, enhancing investor confidence. Detailed information about the dividend can be found on the firm's Investor Relations website.

On August 11, 2022, J.P. Morgan (NYSE: JPM) finalized its acquisition of Global Shares, a cloud-based share plan management provider. This strategic move enhances J.P. Morgan's offerings in employee ownership solutions for global corporations. Global Shares boasts around 650 clients and manages nearly $200 billion in assets across over 800,000 employee participants. With a presence in multiple regions, this acquisition positions J.P. Morgan to leverage Global Shares' technology alongside its extensive financial services portfolio.

Techstars, in collaboration with J.P. Morgan, has launched its fourth Founder Catalyst Program in Oakland, CA, designed to support women and non-binary entrepreneurs. The program aims to assist 20 founders, particularly from the LGBT+ community, by offering mentorship, startup education, and access to a vast network of resources. Running from October to December 2022, it follows three successful cohorts that facilitated nearly 1,000 mentor connections and over $850,000 raised. Interested participants can apply until August 31, enhancing their entrepreneurial prospects.

J.P. Morgan Asset Management has launched the JPMorgan Active Growth ETF (JGRO), an actively managed ETF aiming to outperform the Russell 1000 Growth Index. With an expense ratio of 0.44%, JGRO combines J.P. Morgan's Large Cap Growth and Growth Advantage strategies to identify underappreciated growth companies. Managed by experienced professionals overseeing over $93 billion in assets, JGRO enhances J.P. Morgan's suite of ETFs to 45 products with a total of $81 billion in assets under management, positioning the firm among the top ten ETF issuers in the U.S.

Daniel Pinto, President and COO of JPMorgan Chase & Co. (NYSE: JPM), is scheduled to present at the Barclays Global Financial Services Conference on September 13, 2022, at 10:30 a.m. (Eastern) in New York City. A live audio webcast will be accessible at www.jpmorganchase.com under Investor Relations. As of June 30, 2022, JPMorgan Chase reported $3.8 trillion in assets and $286.1 billion in stockholders' equity, making it a leading financial services firm in the U.S. and globally.

JPMorgan Chase & Co. (NYSE: JPM) has filed its Quarterly Report on Form 10-Q for the quarter ending June 30, 2022, with the SEC. As of this date, the firm reported $3.8 trillion in assets and $286.1 billion in stockholders’ equity. JPMorgan Chase is a major player in investment banking, consumer financial services, commercial banking, and asset management, serving millions of customers in the U.S. and global markets. The report is accessible on the SEC's website and the firm's Investor Relations page.

J.P. Morgan Global Alternatives has appointed Andrew Carter as Head of Private Credit Secondaries and Tim Henn as Lead Portfolio Manager for Secondaries in the Private Equity Group. Both executives bring extensive experience in their respective fields and are expected to enhance the firm’s capabilities in private equity and private credit secondaries. With the increasing demand for secondaries strategies, these hires aim to bolster J.P. Morgan’s presence in the private market investment space, reflecting the firm's ongoing commitment to expanding its alternative asset management capabilities.