Jpmorgan Chase Stock Price, News & Analysis

JPMorgan Chase & Co. (NYSE: JPM) will have Daniel Pinto, Co-President and COO, present at the Goldman Sachs U.S. Financial Services Conference on December 8, 2021, at 4:20 p.m. ET. The event will take place at the Conrad Hotel in New York City. A live webcast will be accessible on the company's investor relations website. As of September 30, 2021, JPMorgan Chase reported $3.8 trillion in assets and $290 billion in stockholders' equity, positioning itself as a top player in investment banking and financial services globally.

Chase, the digital bank of JPMorgan Chase, has launched a promotional offer providing 3% cashback on Amazon.co.uk purchases until December 31, 2021. This promotion is an increase from the existing 1% cashback on eligible debit card spend. The 3% cashback applies to up to £5,000 in spending on Amazon, including digital downloads and subscriptions. Customers must activate the offer in the Chase app. Chase aims to enhance customer rewards during the festive shopping season, contributing to their growing banking services in the U.K.

J.P. Morgan Asset Management (JPMAM) has selected J.P. Morgan's Securities Services to implement a new global operations model, enhancing its Investment Middle Office Services. This multi-year initiative aims to streamline operations, add product capabilities, and support business growth. The first phase begins mid-2022 with operational processing for derivatives products, followed by further phases in 2023. With $2.6 trillion in assets under management, JPMAM seeks to improve operational efficiency and investment experiences in a competitive landscape.

JPMorgan Chase & Co. (NYSE: JPM) has announced dividends for its Series V preferred stock. As of September 30, 2021, the firm reported $3.8 trillion in assets and $290 billion in stockholders' equity, highlighting its position as a leader in financial services. This dividend declaration reflects the firm's ongoing commitment to shareholder returns. For further details, visit JPMorgan’s Investor Relations page.

JPMorgan Chase has collaborated with ClearTrace and EDF to ensure that 100% of its UK electricity consumption is matched with renewable energy in real-time. This partnership utilizes blockchain technology for precise tracking and auditing of energy generation and consumption. EDF will provide renewable electricity to power over 3 million square feet of JPMorgan Chase's UK offices, equivalent to nearly 33,000 households. This initiative aligns with JPMorgan Chase's commitment to carbon neutrality and showcases a model for businesses aiming to decarbonize their electricity supply.

The Veteran Jobs Mission, a coalition aimed at hiring one million veterans and military spouses, now includes over 250 companies and has hired more than 790,000 veterans since its inception in 2011. The coalition has recently added 10 new members, including Albertson's and Aetna. Members commit to quarterly reports on veteran hiring and enhancing employment initiatives. The organization is set to celebrate its 10th anniversary in March 2022, with plans to expand its goals further. Founding member JPMorgan Chase emphasizes the importance of military talent in the private sector.

J.P. Morgan Asset Management has released its 2022 Long-Term Capital Market Assumptions, projecting a 10-15 year outlook on risks and returns. The report estimates a 4.3% return for a 60/40 portfolio, indicating a shift towards non-traditional assets for higher yields. Key findings include a forecast of 2.2% real GDP growth, 2.4% inflation, and significant adjustments in equity returns, with a notable decline for UK stocks to 4.1%. The emphasis is on exploring real assets and alternative investments to mitigate low public market returns.

J.P. Morgan Wealth Management is hosting its inaugural summit, "Building a New Legacy: A Summit for Black and Latina Women," on November 9. This virtual event aims to empower Black, Latina, and Hispanic women through discussions on financial literacy and wealth-building. Keynote speakers include notable figures such as Soledad O’Brien and Tiffany “The Budgetnista” Aliche. The summit will address financial challenges faced by women, particularly those from minority communities, and promote investment as a pathway to financial equality. Registration is open now.