Jpmorgan Chase Stock Price, News & Analysis

On June 21, 2021, J.P. Morgan Asset Management announced the acquisition of Campbell Global, a leader in forest management and timberland investing, to enhance its ESG offerings. Campbell Global, based in Portland, Oregon, manages $5.3 billion in assets over 1.7 million acres. The deal supports J.P. Morgan's sustainability goals, allowing for participation in carbon markets and further development of timberland investments within its $168 billion AUM Global Alternatives franchise. The acquisition is expected to close in Q3 2021.

JPMorgan Chase has announced a $30 billion commitment to support racial equity and enhance housing affordability for Black and Latinx families. This includes a philanthropic investment of $400 million over five years, aimed at improving housing stability and creating pathways to homeownership. Key initiatives are focused on addressing appraisal gaps, expanding the network of Community Home Lending Advisors, and promoting innovative housing solutions. The firm is also advancing data-driven policy recommendations to tackle housing challenges exacerbated by the pandemic.

JPMorgan Chase & Co. (NYSE: JPM) has announced dividends on its Series I, R, S, Z, FF & HH preferred stock, though specific amounts and payment dates were not detailed in the press release. With assets totaling $3.7 trillion, JPMorgan Chase remains a key player in global financial services, including investment banking and asset management. The firm continues to serve millions of customers and is a prominent component of the Dow Jones Industrial Average. Additional information can be accessed via their Investor Relations website.

Chase Freedom announced new rotating categories for Q3 2021, allowing Freedom and Freedom Flex cardmembers to earn 5% cash back at grocery stores (excluding Target and Walmart) and select streaming services. This promotion runs from July 1 through September 30, 2021, on up to $1,500 in combined purchases. Additionally, starting July 2, cardmembers can use Ultimate Rewards points to get 10% more value on dining purchases up to $250 through the Pay Yourself Back feature. New cardmembers can earn a $200 sign-up bonus after spending $500 in the first three months.

The J.P. Morgan/Robin Hood Investors Conference, scheduled for June 16, 2021, will be held virtually, gathering leaders from business, academia, and policy to discuss actionable insights. This event, now in its ninth year, has raised $44 million for poverty alleviation in New York City, with 100% of ticket sales going directly to the cause. J.P. Morgan has supported Robin Hood for over 30 years, underwriting the conference to ensure all funds assist New Yorkers in need. Last year, Robin Hood provided over $170 million in support to one million individuals impacted by COVID-19.

JPMorgan Chase Commercial Banking collaborates with the Women Presidents' Organization (WPO) to announce nominations for the 50 Fastest Growing Women-Owned and/or Led Companies ranking. This initiative aims to honor women entrepreneurs who have demonstrated resilience and innovation, particularly during challenging times. Eligible nominees must be privately held, women-owned or led, and achieve at least $500,000 in annual revenues for five consecutive years. Applications are due by July 15, 2021, with awards announced on October 5, 2021.

J.P. Morgan Asset Management has launched J.P. Morgan Private Capital, a new growth equity investment arm complemented by an existing private debt business. The platform aims to provide customized solutions for early and growth-stage companies while focusing on institutional and high-net-worth clients. Led by Brian Carlin, the group includes notable hires like Christopher Dawe from Goldman Sachs to lead technology and consumer investments, and Osei Van Horne for sustainable growth equity. The unit is part of a $168 billion alternatives franchise, aiming to meet rising client demand for flexible capital solutions.

Jamie Dimon, CEO of JPMorgan Chase & Co., will speak at the Morgan Stanley US Financials Conference on June 14, 2021, at 11:00 a.m. Eastern. The event will be held virtually, and a live audio webcast will be accessible on www.jpmorganchase.com in the Investor Relations section.

JPMorgan Chase, a leading global financial services firm with $3.7 trillion in assets, is a major player in investment banking, commercial banking, and asset management, serving millions of customers and prominent clients globally.