JPMorgan Chase Bank N.A. News & Media
Chase, Air Canada, Mastercard partner on US credit card
December 15, 2020
Chase and Air Canada are partnering to make Chase the exclusive issuer of the airline's Aeroplan U.S. credit card and Mastercard is exclusive payments network…
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Chase moves into ‘buy now, pay later' market
November 17, 2020
Chase is jumping into the consumer-popular 'buy now, pay later' market, giving credit card customers the option to pay off a purchase over a period of time…
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2 "masked bandits" break into a Chase branch
October 23, 2020
A Chase bank customer had stopped into a Redwood City, Calif. branch at approximately 7:30 a.m. to use the ATM when something caught his eye within the lobby…
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JPMorgan joins the rank of fintechs
October 21, 2020
JPMorgan Chase & Co. recently entered the fintech ring, sharing space with players such as PayPal, Square and Fiserv.
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JP Morgan Chase revenue ahead of analysts' estimates
October 15, 2020
JPMorgan reported a 30% jump in trading activity for the third-quarter, considered the result of markets' continued volatility, which lifted the bank's revenue…
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It's back to the office for JPMorgan Chase staff
September 11, 2020
Well, it was fun while it lasted, but after six months of working from home, senior staffers in sales and trading for JPMorgan Chase have been ordered to…
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JPMorgan investigates misuse of PPP funds by employees, clients
September 10, 2020
In an internal memo to more than 250,000 staff members, JPMorgan Chase's operating committee, led by CEO Jaime Dimon, announced it is investigating the role of…
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Banks plan layoffs as costs emerge and crisis ends
August 31, 2020
During the peak of the pandemic, several top executives at U.S. banks, including Morgan Stanley and Bank of America, pledged not to cut jobs in 2020 because, …
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JPMorgan, postal service discussions ingnite ICBA to demand transparency
August 25, 2020
The Independent Community Bankers of America is asking for an investigation regarding reports the U.S. Postal Service is mulling an exclusive agreement with…
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Payment speed top of mind for business owners
August 5, 2020
Although small business owners have increased their technology spend in the past two years, 39% said they still spent at least five hours per week dealing with…
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Who is that masked man and has he been mandated to wear that mask?
by Pat Shea — Editor, NetworldMedia
Face masks are mandatory now at many retail stores and restaurants as a defense against contracting the coronavirus. But for banks, mandating masks can be a…
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JPMorgan Chase posts record revenues for second quarter
July 15, 2020
In news that surprised Wall Street, JPMorgan Chase posted a record $33.8 billion in second quarter revenue, thanks to some serious preplanning by CEO Jamie…
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Banks expect major losses in second quarter
July 13, 2020
America's banks are braced for poor second quarter results that are due this week, according to a CNN report.
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COVID-19 pandemic caused increase in cyber fraud and changes in banking
by David Jones — Editor, Networld Media Group
As millions of Americans have shifted their daily workplace and shopping to remote online networks and mobile devices, a new wave of cyber threats has emerged…
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JPMorgan Chase CEO takes a knee with staff
June 8, 2020
Jamie Dimon, the 63-year-old CEO of JPMorgan Chase, casually dropped by the Mt. Kisco, N.Y., Chase branch, surprising staffers and congratulating them on…
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In the wake of protests, vandals target ATMs
by Pat Shea — Editor, NetworldMedia
Protests have taken center stage as people throughout the world call for justice in the May 25 death of George Floyd by a Minneapolis police officer. Several…
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JPMorgan credit card holders reduced spending due to pandemic
May 14, 2020
The coronavirus pandemic is responsible for why this past March and April, JP Morgan Chase & Co's U.S. credit card holders spent 40% less on non-essential…
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Bank call centers feeling pressure of COVID-19
by David Jones — Editor, Networld Media Group
COVID-19 forced most of the nation's major banks to restrict lobby access, the reduced access along with the economic downturn have placed enormous pressure on…
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Wells Fargo, JPMorgan among banks being sued over SBA loans
April 21, 2020
Small businesses affected by the coronavirus are suing Wells Fargo & Co., Bank of America Corp., JPMorgan Chase & Co. and US Bancorp. The lawsuit…
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JPMorgan Chase warns of downturn as Q1 EPS fall short
April 14, 2020
JPMorgan Chase & Co. reported first quarter earnings well below Wall Street estimates as the bank was forced to set aside billions in credit reserves amid…
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