JPMorgan Chase
JPMorgan Chase is one of the largest and most complex financial institutions in the United States, with nearly $4 trillion in assets. It is organized into four major segmentsconsumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management.
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Loans on used cars, extended to borrowers with prime credit characteristics, make up the reference pool of assets.
March 18 -
Money-market funds with cash to invest are doing more repo — extending overnight credit to owners of Treasuries, causing the rates on the loans to decline.
March 17 -
Lenders and developers are now working their contacts in Washington to try to protect Ginnie Mae.
February 21 -
The $4 trillion-asset bank posted its highest-ever annual profit but also said its CEO succession plan is still in the works.
January 15 -
The largest U.S. bank by assets has elevated Jennifer Piepszak to chief operating officer, in preparation for Daniel Pinto's retirement in 2026. But Piepszak is not interested in being CEO, the company said.
January 14 -
Structurally, the GSAR 2025-1 transaction has 22.5% in subordination for the class A notes, down from 22.8% seen on the GSAR 2024-4 deal, and pre-pricing excess spread fell to about 7.8% of the outstanding balance, from 8.9%.
January 8 -
The bank has promoted Steve Baker to global head of CLO primary. George Blair will become head of US CLO structuring.
January 7 -
The banking giant's exit from the global Net-Zero Banking Alliance leaves just three smaller U.S. banks in the group. Climate activists called large banks' departures a capitulation to Republicans' climate denialism.
January 7 -
Bank of America, Citigroup, Wells Fargo and Goldman Sachs have also withdrawn from the Net-Zero Banking Alliance in the past month, as President-elect Donald Trump prepares to take office.
January 2 -
Delay refinancing two loans prompts drop to below investment-grade for one class of CMBS
December 13
