Jpmorgan Chase Stock Price, News & Analysis

Chase Freedom has launched new rotating categories for Q1 2022, allowing Freedom and Freedom Flex cardmembers to earn 5% cash back on up to $1,500 in purchases on eBay and grocery stores from January 1 to March 31, 2022. This initiative aims to assist consumers in saving money post-holiday season. Cardmembers can also earn additional cash back on various other categories, including travel and dining. New cardmembers are eligible for a $200 bonus after spending $500 in the first three months.

JPMorgan Chase & Co. (NYSE: JPM) has announced a quarterly dividend on its common stock. As of September 30, 2021, the firm reported $3.8 trillion in assets and $290.0 billion in stockholders' equity. This financial services leader operates globally, providing investment banking, asset management, and consumer financial services. Investors can find more details on the firm’s performance and dividend on its Investor Relations website.

The Chase Ink Business Premier®, launching December 14, 2021, is Chase's first Pay in Full business credit card, tailored for larger businesses. It offers unlimited 2% cash back on every purchase, 2.5% on purchases over $5,000, and 5% on travel via Chase Ultimate Rewards®. Notable features include Flex for Business for payment flexibility, no-cost employee cards, and premium benefits such as cell phone protection (up to $1,000). The card carries a $195 annual fee and new cardholders can earn $1,000 cash back on $10,000 in purchases within the first three months.

Chase has announced a £1 million investment to enhance children's literacy in the UK through improved library and reading spaces in primary schools. This initiative targets underserved communities where 1 in 4 schools lack designated reading areas. The programme aims to support approximately 35,000 children, providing them with books, e-readers, and training for teachers. This is part of Chase's broader Rewarding Futures initiative, focused on addressing significant literacy barriers and empowering families to foster reading enjoyment.

Chase has inaugurated its flagship branch in downtown Los Angeles at LA Live, marking a significant investment in the community. This innovative location features modern technology and design, aiming to serve as a hub for residents and businesses. Key offerings include a community space for events, financial health workshops, and enhanced banking services. With over 300 branches in Los Angeles, Chase continues its commitment to economic revitalization and support for underserved neighborhoods, aligning with its goal to enhance financial success for all.

Star Mountain Capital has appointed Renald “Ray” Durand as the new Director of Finance. Previously with JPMorgan Chase, Durand brings extensive experience in finance and fund administration. His addition aims to enhance Star Mountain’s finance department, which is led by Chris Gimbert. This year, Star Mountain has recruited two senior professionals from JPMorgan, indicating a trend of attracting talent from major financial institutions. The firm manages over $2 billion and focuses on small to medium-sized businesses in the North American lower middle market.

Chase, part of JPMorgan Chase & Co., has enhanced its checking account features to help over two million customers save on overdraft fees. Key updates include expanding the overdraft cushion to $50, eliminating the Returned Item Fee, and allowing customers more time to rectify overdrafts. Additionally, early direct deposit will enable clients to access funds up to two business days earlier. These enhancements are aimed at improving customer financial health and avoiding late fees on essential bills.

Chase and Air Canada have launched the Chase Aeroplan® World Elite Mastercard, allowing U.S. cardmembers to earn Aeroplan points with a launch offer that includes two Welcome Flight Reward Certificates for up to $100,000 points. The card offers 3x points on dining and grocery purchases, with benefits such as free checked bags and unlimited carbon offsets on Air Canada flights. The card has an annual fee of $95, and cardholders gain Aeroplan 25K Elite Status for a limited time.