In a meeting in Beijing on Friday, China’s leader, Xi Jinping, traded warm smiles with Bill Gates and praised Mr. Gates as “the first American friend” he had met this […]
Dimon, James
Trending topics and news from the Dimon, James category
Back to news homeJPMorgan Reaches $290 Million Settlement With Epstein’s Victims
JPMorgan Chase reached a tentative settlement with sexual abuse victims of Jeffrey Epstein, the deceased financier, after weeks of embarrassing disclosures about the bank’s longstanding relationship with him, the bank […]
Jamie Dimon to Be Deposed as JPMorgan Faces Reckoning for Epstein Ties
Jeffrey Epstein was many things: a sexual predator, a friend to the rich and powerful and, for many years, a lucrative customer of the nation’s largest bank.Now the bank, JPMorgan […]
Late-Night Negotiating Frenzy Left First Republic in JPMorgan’s Control
Lawmakers and regulators have spent years erecting laws and rules meant to limit the power and size of the largest U.S. banks. But those efforts were cast aside in a […]
A Timeline of How the Banking Crisis Has Unfolded
First Republic Bank was seized by regulators and sold to JPMorgan Chase on Monday, the latest casualty of a banking crisis that has seen other troubled lenders collapse in March.Silicon […]
JPMorgan, Citigroup and Wells Fargo Report Rise in Profits Amid Industry Turmoil
Despite tenuous times for the banking industry, some of the largest U.S. lenders reported banner first-quarter earnings on Friday that easily exceeded investor expectations. And even as they warned that […]
Jamie Dimon Reprises 2008 Role as Rescuer of a Failing Bank
On March 10, just hours after Silicon Valley Bank collapsed, the hedge fund manager Bill Ackman hosted a dinner for about 20 people at his penthouse apartment in Manhattan.The dinner […]
Wall Street Warms Up, Grudgingly, to Remote Work, Unthinkable Before Covid
In private, many senior bank executives tasked with raising attendance among their direct reports expressed irritation. They said it was unfair for highly paid employees to keep working from home […]
With Climate Pledges, Some Wall Street Chiefs Warn of Rising Prices
David Solomon, the chief executive of Goldman Sachs, said last month that his firm would continue funding fossil fuel companies, stressing that not doing so would lead to much higher […]
Banks Tried to Kill Crypto and Failed. Now They’re Embracing It (Slowly).
Just as it does for stock and bond prices, Goldman recently began posting digital asset prices on its Marquee platform for big clients like hedge funds, preparing for a time […]