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JP Morgan threatens to lose the WeWork bet, a blow to CEO Dimon

Jamie Dimon, CEO of JPMorgan Chase & Co., will speak on Wednesday, September 25, 2019, at the Bloomberg Global Business Forum in New York. Tiffany Hagler-Geard | Bloomberg | Getty Images WeWork, but WeDon & # 39; tGetPaid. This is the terrible reality faced by JP Morgan Chase bankers as WeWork is about to accept a deal to sell control …

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Trump held Call with Dimon, Moynihan and Corbat as Markets Plunged

(Bloomberg) – President Donald Trump held a teleconference mid-day in the midst of a market downturn with three of Wall Street's top executives – Jamie Dimon of JPMorgan Chase & Co., Brian of Bank of America Corp. Michael Corbat of Moynihan and Citigroup Inc. The three executives were in Washington to talk to Secretary of State Steven Mnuchin about banking …

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JP Morgan's Jamie Dimon: Facebook's crypto is not a short-term problem

Jamie Dimon, CEO of JP Morgan Chase, said he expects no short-term impact of Facebook's planned cryptocurrency Libra on the bank. In a Tuesday analyst call reported by CNBC for the first time, Dimon reported It was too early to speculate on how the efforts announced as the global currency for non-banks affect his business or its outlook would. JP …

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Katie Porter pushes Jamie Dimon over for executive compensation

The back and forth came during a hearing of the House Financial Services Committee with the CEOs of some major banks on Wednesday. Porter, a Californian Democrat, told the story of a JPMorgan Chase employee who is a fraction of what the top executives of the company paid, who each month have a deficit of $ 567 because their salary …

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Jamie Dimon: Trump's tariff strategy could have worked

"It could have worked as a negotiating strategy," said Dimon to Poppy Harlow of CNN. The comments are in stark contrast to at least one Trump advisor. Former White House economist Gary Cohn, who used to be deputy commander at Goldman Sachs, said flatly last week that "fares do not work". If anything, Cohn told the Freakonomics podcast, the tariffs …

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Jamie Dimon: The US economy was "basically anti-poor"

"If you live in certain neighborhoods, if you are white or Hispanic or black, you can be left behind quite a bit," Dimon told CNN's Poppy Harlow in an interview with Boss Files on Monday. This week JPMorgan ( JPM ) announced an initiative to tackle some of this problem: a five-year program worth $ 350 million to train workers …

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