jpmorgan

JPMorgan Chase top boss Jamie Dimon on Monday said he sees a “bad recession” in 2020, and that the largest US bank could suspend its dividend if the coronavirus crisis deepens. Dimon, widely regarded as the face of the US banking sector, is the most prominent voice on Wall Street so far to project that …

Extraordinary times call for extraordinary measures. It’s time for the brightest in business to use the bulging billions on their balance sheets to help save the US economy. A consortium of Apple, Warren Buffett and JPMorgan need to lead us out of this mess by pooling $200 billion and leveraging resources for the good of …

JPMorgan pressured its traders to come into work despite a coronavirus outbreak on its Midtown trading floor, a new report alleges — and now nearly two dozen traders are sick and another 65 are in quarantine. In just three weeks some 20 employees on one floor in the investment bank’s Madison Avenue headquarters have tested …

JPMorgan Chase boss Jamie Dimon is back on the job after recovering from emergency heart surgery in early March. “I have been recuperating well and getting stronger every day,” the bank CEO wrote in a Thursday morning memo to colleagues, “and I am happy to be back to work this week — albeit working remotely …

When Wall Streeters tell Jamie Dimon to get well soon, they mean it. As Washington rushes to prevent the coronavirus pandemic from becoming a bigger economic crisis than the 2008 mortgage meltdown, financial types are bemoaning the loss of their unofficial spokesman, JPMorgan’s straight-talking boss. Dimon, a born-and-bred New Yorker who lives on Park Avenue, …

Some US banks on Monday offered employees one-time bonuses to help ease the financial burden of the coronavirus pandemic and as a reward for working through the crisis. Banks have largely been excluded from government-mandated shutdowns across the country because they are considered an essential industry by the federal government, meaning most bank branches, call …