Jpmorgan Chase Stock Price, News & Analysis

Marianne Lake, CEO of Consumer Lending at JPMorgan Chase, will present at the BofA Securities Future of Financials Virtual Conference on November 9, 2020, at 9:40 a.m. Eastern Time. Attendees can access a live audio webcast on the JPMorgan Chase website under Investor Relations. JPMorgan Chase & Co. is a global financial leader with assets totaling $3.2 trillion, specializing in investment banking, consumer services, commercial banking, and asset management. The firm serves millions of customers and is part of the Dow Jones Industrial Average.

Mary Callahan Erdoes, CEO of Asset & Wealth Management at JPMorgan Chase & Co., will present at the BancAnalysts Association of Boston Conference on November 5, 2020, at 9:40 a.m. Eastern. The conference is virtual and will feature a live audio webcast on www.jpmorganchase.com under Investor Relations, Events & Presentations. JPMorgan Chase is a leading global financial services firm, holding assets of $3.2 trillion and serving millions of clients worldwide, including prominent corporate and government clients.

United Airlines and Chase Card Services have launched the new United Gateway Card, targeting customers seeking a no annual fee credit card that allows easy mileage accumulation. Cardholders can earn 20,000 MileagePlus miles as a sign-up bonus when spending $1,000 in the initial three months. The card offers lucrative rewards, including 3 miles per dollar on grocery purchases (until September 30, 2021), 2 miles on United purchases, gas, and local transit, and 1 mile on all other purchases. Existing United cardholders will transition to this new offering.

JPMorgan Chase & Co. (NYSE: JPM) announced agreements to settle specific legal matters, which may impact its operations. The financial giant, with assets of $3.2 trillion, operates globally in various sectors including investment banking and asset management. As a significant player in the Dow Jones Industrial Average, JPMorgan serves millions of consumers and large organizational clients. For further details, visit the Firm's Investor Relations website.

JPMorgan Chase has launched Fraud Protection Services to help small and mid-sized businesses safeguard against payment fraud, which affected 81% of business owners last year. The service includes user-friendly tools like ACH Debit Block, Check Protection, and real-time notifications, available through a centralized dashboard. This initiative aims to enhance digital banking safety and efficiency for its clients. Chase seeks to empower business owners to focus on their operations while ensuring their banking activities remain secure.

On August 13, 2020, Delaware Prosperity Partnership announced a strategy to enhance Delaware's tech talent pipeline, supported by a grant from JPMorgan Chase Foundation. Despite being initiated pre-COVID-19, the strategy addresses the growing demand for IT professionals in various sectors, driven by accelerated digitization. In 2019, Delaware had 17,429 IT workers, with significant job openings expected. The partnership aims to provide a diverse pool of tech candidates through educational and training initiatives, with a comprehensive plan set for presentation in early fall.

Pharmapacks has secured growth financing of up to $150 million from GPI Capital and JPMorgan Chase Bank (JPM) to enhance its expansion strategy. Founded in 2010, Pharmapacks aims to leverage this funding to improve brand and inventory investments, expand its warehouse network, and enhance customer experience. With sales exceeding $250 million in 2019, the company anticipates achieving over 70% year-over-year growth. The partnership with GPI and JPM strengthens Pharmapacks' position in the ecommerce market.

J.P. Morgan Asset Management has appointed Jared Gross as the new Head of Institutional Portfolio Strategy, a role aimed at enhancing tailored portfolio advice for institutional clients. With 25 years of experience, Gross previously held senior positions at PIMCO, Lehman Brothers, and Goldman Sachs. He will report to Keith Cahill, Head of North America Institutional. The firm manages USD 2.2 trillion in assets, serving a diverse client base including public and corporate pensions.

StartOut and Socos Labs have launched the StartOut Pride Economic Impact Index™ (SPEII) to measure the economic contributions of LGBTQ+ entrepreneurs. Funded by JPMorgan Chase's $150 million Small Business Forward initiative, this first-of-its-kind index aims to highlight the unrealized potential of LGBTQ+ entrepreneurs in the U.S. economy. Data indicates that enhancing access to resources could have created over 2 million jobs in 20 years. The SPEII, updated monthly, analyzes data on 5 million entrepreneurs, showcasing funding disparities and growth opportunities across various metro areas.