Jamie Dimon
Facebook users empowered to direct corporate giving effort with more than 500,000 community organizations eligible for grants NEW YORK--(BUSINESS WIRE)-- For the first time ever, Facebook(R) users will be able to choose from more than 500,000 small and local charities to decide which community organizations they want to receive donations totaling millions of dollars from a corporate philanthropy fund. Chase and Facebook today announced the launch of Chase Community Giving: You Decide What Matters, a grassroots campaign to inspire a new way of corporate philanthropy. ...
CHICAGO, Oct. 27 /PRNewswire-USNewswire/ -- Today, speaking before a crowd of 5,000 people assembled in front of the American Bankers Association convention in Chicago, SEIU Secretary-Treasurer Anna Burger called for a widespread investigation, and if necessary, prosecution of big bank CEOs: "The big bankers came here to Chicago to celebrate because they think ...
Speaking at the SIFMA (Securities Industry and Financial Markets Association) conference currently going on in New York, JPMorgan's (NYSE: JPM) Jamie Dimon is making headlines:
the "chance for financial armageddon is over"
...
JPMorgan Chase & Co. (NYSE: JPM) reported Q3 EPS of $0.82, 30 cents the consensus of $0.52. Revenues came in at $28.8 billion, versus the consensus of $25 billion. Shares are up 3.20% and tapping a 52-wk high.
Highlights From JPM's Q3 Conference Call:
CEO Jamie Dimon stated, "Our net income of $3.6 billion in the quarter reflected the strong earnings power of the company, with broad-based growth across the Investment Bank, Asset Management, Commercial Banking and Retail Banking. However, credit costs remain high and are expected to stay elevated for the foreseeable future in the Consumer Lending and Card Services loan portfolios."
JPMorgan added $2.0 billion to consumer credit reserves, bringing the firmwide total to $31.5 billion, or 5.3%1 of total loans.
(CFO) We had $3.6 billion of net income in the quarter. That's earnings per share of 82 cents on revenues of $28.8 billion.
The ...
JPMorgan Chase & Co. (NYSE: JPM) reported third quarter EPS of $0.82, well above the consensus of $0.52. Revenues came in at $28.8 billion, versus the consensus of $25 billion.
CEO Jamie Dimon stated, "Our net income ...
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