JP MORGAN CHASE(JPM)
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摩根大通CEO支持美国证交会放宽季度业绩报告规定
Ge Long Hui A P P· 2025-10-07 22:52
格隆汇10月8日|摩根大通CEO戴蒙表示,支持改革美国证券交易委员会的季度盈利报告规定,称其乐 见相关放宽政策的提议。上个月,特朗普重申美国企业应半年公布一次业绩而非一个季度。美国证交会 主席保罗·阿特金斯上周表示,该监管机构正在快速跟进特朗普的呼吁,引发了人们对美国公司可能发 生的重大转变的透明度担忧。戴蒙一直直言不讳地批评阻碍公开市场的监管规定,他表示,摩根大通将 继续向投资者提供季度最新数据,但"会少得多",即使不再需要这样做。 ...
Amazon Autos Adds Financing Options From Chase, Santander and Wells Fargo
PYMNTS.com· 2025-10-07 20:44
Core Insights - Amazon Autos has expanded its financing options by adding Chase, Santander, and Wells Fargo as lenders, enhancing the financial services available to customers [1][2][3] - This initiative allows dealers to offer familiar financial services to Amazon customers, improving the overall shopping experience by providing more insights and options for comparing rates [2][3] - The financing options are currently available for used and certified pre-owned vehicles, with plans to extend these options to new vehicle sales in the near future [3][4] Expansion Plans - Amazon Autos aims to broaden its financing options to include new vehicle sales and to add more lending institutions in the coming months [4] - The Amazon Autos car-buying experience was launched in December 2024, initially allowing customers in 48 U.S. cities to purchase new Hyundai vehicles from local dealers [4][5] - The service has also begun offering used vehicles, starting with Hyundai dealers in Los Angeles, and plans to expand to additional brands and cities [5] Partnerships - Amazon has partnered with Hertz Car Sales to enable customers to search for, finance, and purchase pre-owned vehicles, marking Hertz as Amazon Auto's first fleet dealer [6] - This collaboration began in four cities, with intentions to expand to Hertz's 45 locations nationwide [6]
Charlie Javice duped JPMorgan out of $175 million. The bank is picking up her legal tab
Fortune· 2025-10-07 20:29
JPMorgan Chase & Co. was hit with $115 million in lawyers’ bills for Charlie Javice and a second executive convicted of defrauding the bank, yet another twist in a years-long legal saga that’s captivated Wall Street.The defense tab, revealed last week when Javice was sentenced to seven years in prison, is roughly two-thirds of the $175 million the bank paid for Javice’s student-finance company, Frank. A Delaware court previously ruled that the terms of that deal required the bank to cover Javice and co-defe ...
Jamie Dimon says JPMorgan spends $2B a year on AI – and still breaks even
New York Post· 2025-10-07 20:21
JPMorgan Chase CEO Jamie Dimon said Tuesday the bank now spends about $2 billion a year on artificial intelligence – and breaks even on the investment thanks to savings the tech has created.JPMorgan invests heavily each year on AI programs across the company in areas like risk, marketing and customer service, Dimon told Bloomberg TV during an interview.The bank — the largest in the country, by total assets — sees about the same amount in annual savings from those investments, he added. 3 Jamie Dimon said ...
X @Bloomberg
Bloomberg· 2025-10-07 20:10
The global adoption of stablecoins may drive trillions of inflows into the US dollar in the years ahead, even as estimates of future demand for the digital asset vary widely, according to JPMorgan https://t.co/w0oqc6EFky ...
JPMorgan Chase Stock Cools Off Ahead of Earnings
Schaeffers Investment Research· 2025-10-07 19:45
JPMorgan & Chase Co (NYSE:JPM) will be one of the first big names to kick off earnings season next week, announcing its third-quarter earnings report on Tuesday, October 14. Analysts expect profits of $4.83 per share on revenue of $44.66 billion, an increase of 10.5% and 4.7%, respectively, from the same quarter last year. The blue-chip bank stock has finished higher after three of its last four quarterly reports, but shed 0.7% back in July despite an earnings beat. Over the past two years, the stock has av ...
Premium credit card fees are rising. Are they worth it?
Yahoo Finance· 2025-10-07 19:41
Group 1: Credit Card Market Overview - Outstanding credit card balances in the U.S. reached $1.21 trillion in Q2 2025, marking a 5.87% increase year-over-year [1] - Premium credit cards have gained popularity over the past decade due to their attractive perks for customers willing to pay annual fees [1] Group 2: Annual Fee Increases - The American Express Platinum and Chase Sapphire Reserve have raised their annual fees to $895 and $795, respectively, in 2025 [2] - The Chase Sapphire Reserve's fee has increased by 77% from its original $450 since its launch in 2016, while the American Express Platinum has seen a more than 98% increase from $450 to $895 [3] Group 3: Industry Trends - There is an accelerating trend of increasing fees not only for premium cards but also for mid-tier cards from airlines like Delta, United, and Southwest [4] - Delta's entry-level Gold card fee rose from $95 to $150, indicating a broader trend of fee hikes across various card categories [4] Group 4: Reasons Behind Fee Increases - Credit card issuers are raising fees in response to evolving consumer expectations, particularly among high-income customers [6] - Companies like American Express conduct extensive research every three to five years to refresh their products, aiming to align with customer usage patterns and preferences [6][7]
JPMorgan’s Dimon Says AI Cost Savings Now Match Money Spent
Yahoo Finance· 2025-10-07 19:23
Jamie Dimon Jamie Dimon said JPMorgan Chase & Co. spends $2 billion a year on developing artificial intelligence technology, and saves about the same amount annually from the investment. Most Read from Bloomberg “We know that it’s got to billions of cost savings and I think it’s the tip of the iceberg,” the bank’s chief executive officer said Tuesday in a Bloomberg TV interview. Dimon has consistently touted the opportunities offered by AI, even if it eliminates some jobs. He has said his bank already h ...
JPMorgan CEO Dimon on Growth of AI, Jobs, Government Shutdown
Bloomberg Television· 2025-10-07 18:29
Jamie, we we're talking about the fact that you have leant into technology over the last decade, billions of dollars invested across the business when it comes to A. I. , which parts of the Jp morgan business to be most transformed by A.I. Yeah. So we already we've been doing this since 2012.So people think it's a new thing. Jenn-air is kind of new, but not all of it. We have 2000 people doing it.It's been $2 billion a year on it. It affects everything risk, fraud, marketing, idea generation, customer servi ...
JPMorgan CEO Dimon on Growth of AI, Jobs, Government Shutdown
Youtube· 2025-10-07 18:29
Group 1: AI Investment and Impact - The company has invested $2 billion annually in AI since 2012, impacting various areas such as risk, fraud, marketing, idea generation, and customer service [2][3] - The AI initiatives have resulted in approximately $2 billion in cost savings, indicating a direct financial benefit from the investment [3][4] - The company is actively deploying AI across its operations, with 150,000 employees utilizing internal AI tools weekly for tasks like research and contract scanning [5] Group 2: Job Market and Workforce Transformation - The company acknowledges that AI will affect job numbers, with some roles being eliminated while others may be enhanced through improved efficiency [6][7] - There is a focus on retraining and redeploying employees to adapt to the changes brought by AI, suggesting a proactive approach to workforce management [7] Group 3: Market Conditions and Economic Outlook - The current bull market is characterized by high asset prices and low credit spreads, with consumer spending remaining stable despite potential inflation concerns [11][12] - The company expresses cautious optimism about the economy, noting that while there are risks, such as inflation and geopolitical issues, the overall outlook remains positive [12][13] Group 4: Regulatory Environment and Corporate Governance - The company supports changes to quarterly earnings reporting, advocating for less pressure on CEOs to meet short-term earnings targets, which can lead to poor decision-making [27][28] - There is a call for a more favorable regulatory environment to encourage public listings and support small companies, highlighting the need for a vibrant equity culture [30][31]