Welcome to our dedicated page for Jpmorgan Chase news (Ticker: JPM), a resource for investors and traders seeking the latest updates and insights on Jpmorgan Chase stock.
JPMorgan Chase & Co. (NYSE: JPM) generates frequent news across consumer banking, commercial banking, markets, asset management and digital assets, reflecting its role as a leading U.S.-based financial services firm with operations worldwide. Under the J.P. Morgan and Chase brands, the firm serves millions of U.S. customers and many prominent corporate, institutional and government clients globally, which leads to a steady flow of announcements relevant to investors and market followers.
News about JPM often includes earnings releases and investor events, such as quarterly and full-year financial results, earnings calls and presentations at financial services conferences. These updates provide insight into the firm’s performance, capital position and strategic priorities across its major business segments, including consumer and community banking, corporate and investment banking, commercial banking and asset and wealth management.
The firm also issues news on product launches and partnerships in its consumer and institutional businesses. Recent examples include Chase’s role as the U.S. consumer and commercial banking business, announcements about Chase Freedom and Chase Freedom Flex cash-back categories, and the agreement under which Chase will become the new issuer of Apple Card. In asset management, J.P. Morgan Asset Management has announced initiatives such as the launch of a tokenized money market fund on a public blockchain and the closing of a flagship global private equity fund.
In addition, J.P. Morgan’s Commercial & Investment Bank and J.P. Morgan Asset Management publish updates on capital markets and digital asset transactions, including arranging a commercial paper issuance on a public blockchain and research such as the "Retirement by the Numbers" report. Visitors to this news page can review these types of announcements in one place and follow how JPMorgan Chase’s activities evolve across its consumer, institutional and asset management franchises.
Chase has launched the Slate Edge credit card to assist customers in achieving their financial objectives. The card features an annual percentage rate (APR) that decreases with on-time payments, a 0% introductory APR for the first year, and no annual fee. Customers can earn a $100 statement credit by spending $500 in the first 6 months, and they are automatically considered for an APR reduction and credit line increase based on their payment history. This card responds to consumer demands for tools that improve financial health.
Chase Sapphire, in collaboration with The Infatuation, launches the Sapphire Supports Restaurants Contest, providing 20 grants of $50,000 to small restaurants in the U.S. to assist in their recovery from the COVID-19 pandemic. Consumers can nominate their favorite local establishments by sharing their significance and resilience during the pandemic. Contest entries are open until August 16, 2021, and winners will be chosen based on community impact and creativity. Eligible restaurants must have fewer than 50 employees and be operational as of March 1, 2020.
Summary not available.
JPMorgan Chase & Co. (NYSE: JPM) has announced the declaration of dividends on its Series DD, EE, GG, JJ, KK, and LL preferred stock. As of June 30, 2021, JPMorgan Chase holds $3.7 trillion in assets and $286.4 billion in stockholders’ equity, establishing itself as a significant player in investment banking and financial services globally. These announcements can be found on their Investor Relations website. The firm continues to serve a wide array of clients, enhancing its position in the financial sector.
Chase and Tock have launched a new initiative to support small restaurant and hospitality businesses impacted by COVID-19. From now until December 31, eligible business owners can receive up to $1,200 towards monthly subscription fees when they join Tock for one year and link their Chase business checking account. This offer aims to enhance access to operational tools and support growth. Additionally, existing Chase Business Banking customers will benefit from one month free and $1,000 for future fees when enrolling in the Tock Plus plan.
JPMorgan Chase & Co. reported its second-quarter 2021 financial results, showcasing robust performance in various sectors. As of June 30, 2021, the firm had $3.7 trillion in assets and $286.4 billion in stockholders’ equity. The company is recognized for its comprehensive range of financial services, including investment banking and asset management. Details on the results can be accessed on the Firm’s Investor Relations website.
Bunker Labs and JPMorgan Chase Commercial Banking have launched the inaugural CEOcircle program, aimed at supporting military-connected businesses. The program offers networking, mentorship, and master classes over twelve months, focusing on companies led by military veterans. Eligibility requires a senior military-connected executive and annual revenues exceeding $5 million. Applications are open until August 4, 2021, with no charge for participation. This initiative builds on JPMorgan's longstanding commitment to empowering veteran-owned businesses, including previous financial investments.
On July 8, 2021, J.P. Morgan Asset Management launched two new active equity ETFs: JPMorgan ActiveBuilders U.S. Large Cap Equity ETF (JUSA) and JPMorgan ActiveBuilders International Equity ETF (JIDA). These funds expand the ActiveBuilders suite, which now includes JPMorgan ActiveBuilders Emerging Markets Equity ETF (JEMA). The ETFs aim to improve returns while managing risks, utilizing insights from J.P. Morgan's Global Equities platform. The total U.S. ETF suite now comprises 36 products with over $64 billion in assets under management.
JPMorgan Chase and Bunker Labs have launched the inaugural CEOcircle program, aimed at supporting military-connected businesses. This twelve-month initiative offers educational programming, networking opportunities, and mentorship from JPMorgan advisors. Eligible businesses must have a military-connected executive, operate in specific industries, and generate over $5 million in annual revenue. The program, open for applications until August 4, 2021, aligns with JPMorgan's commitment to empowering veteran-owned businesses, building on previous investments totaling over $12 million.
JPMorgan Chase will hold a conference call on July 13, 2021, at 8:30 a.m. EDT to review its second-quarter 2021 financial results, set to be released at 7:00 a.m. EDT. Access to the conference call is available via phone, with specific numbers for the U.S. and international callers. The firm reported having $3.7 trillion in assets and $280.7 billion in stockholders’ equity as of March 31, 2021. Earnings results will be accessible on its Investor Relations website and filed with the SEC on Form 8-K.