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Jamie Dimon Says JPMorgan Clients Can Buy Bitcoin
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JPMorgan Chase (JPM) has developed a tense relationship with some of its employees after it decided to scale back remote work. In March, the company’s new return-to-office mandate went into effect. This mandate requires employees to work in the office five days a week instead of three or four.
JPMorgan has been in growth mode for several years. With market volatility and the rise of AI, leaders want to get more from less.
JPMorgan Chase (JPM) hired 60,000 people in the last five years, increasing its workforce by 23%. It looks like that’s about to grind to a half.
JPMorgan Chase & Co. (NYSE:JPM) declared a quarterly dividend of $1.40 per share on its common stock, which was in line with its previous dividend. The company declared preferred stock dividends on May 15.
Hugh Morris left his six-figure job at JPMorgan after getting a divorce at 30. He had initial regrets but is now confident in his new venture.
JPMorgan Chase has filed notice of 145 potential layoffs effective next month at its Jersey City offices, according to the New Jersey Department of Labor.
The bank says it is ‘positioned to deliver strong returns’ in the face of heightened macro uncertainty ahead of 2025 Investor Day.
Moody's has downgraded deposit ratings of top US lenders JPMorgan Chase, Bank of America and Wells Fargo just days after stripping the nation of its triple-A rating.
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