JPMorgan Chase & Co.’s Vince La Padula, who led the firm’s workplace solutions business, will leave the bank after more than two decades to take a senior role at the Internal Revenue Service.
JPMorgan Chase & Co.’s Vince La Padula, who led the firm’s workplace solutions business, will leave the bank after more than two decades to take a senior role at the Internal Revenue Service.
The Internal Revenue Service (IRS) building in Washington. Photographer: Samuel Corum/Bloomberg
No sooner had Goldman Sachs Group Inc. locked in top billing for the SpaceX IPO than Morgan Stanley dashed off a note to clients that it was actually co-lead on the deal, noting that their listing is in alphabetical order.
No sooner had Goldman Sachs Group Inc. locked in top billing for the SpaceX IPO than Morgan Stanley dashed off a note to clients that it was actually co-lead on the deal, noting that their listing is in alphabetical order.
SpaceX signage in the lobby of the Goldman Sachs headquarters in New York. Photographer: Kena Betancur/Bloomberg
US regulators are pausing some cyber-related examinations of the largest banks, giving the lenders more breathing room as the firms dig into the risks exposed by Anthropic PBC’s new Mythos AI model.
US regulators are pausing some cyber-related examinations of the largest banks, giving the lenders more breathing room as the firms dig into the risks exposed by Anthropic PBC’s new Mythos AI model.
Anthropic said last month that it would limit access to Mythos, warning that it could potentially be used to power cyber attacks.
JPMorgan Chase & Co.’s Jamie Dimon again cautioned that a credit market downturn could be worse than expected, even after his firm and Wall Street rivals posted a banner quarter in which loan portfolios held up.
JPMorgan Chase & Co.’s Jamie Dimon again cautioned that a credit market downturn could be worse than expected, even after his firm and Wall Street rivals posted a banner quarter in which loan portfolios held up.
JPMorgan CEO Jamie Dimon at the Norges Bank Investment Management annual investment conference in Oslo on April 28.
After years weighing how to dive deeper into private credit, JPMorgan Chase & Co.’s $4.3 trillion asset manager is committing to a strategy that will plow tens of billions of dollars into loans sourced by the firm’s commercial bankers.
After years weighing how to dive deeper into private credit, JPMorgan Chase & Co.’s $4.3 trillion asset manager is committing to a strategy that will plow tens of billions of dollars into loans sourced by the firm’s commercial bankers.
The JPMorgan Chase & Co. global headquarters building in New York, US, on Thursday, April 9, 2026. JPMorgan Chase & Co. is scheduled to release earnings figures on April 14. Photographer: Michael Nagle/Bloomberg
For years, Wall Street banks eagerly helped private credit funds amplify their investing firepower with hundreds of billions of dollars in loans, helping them notch ever-higher returns.
For years, Wall Street banks eagerly helped private credit funds amplify their investing firepower with hundreds of billions of dollars in loans, helping them notch ever-higher returns.
Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell summoned Wall Street leaders to an urgent meeting on concerns that the latest artificial intelligence model from Anthropic PBC will usher in an era of greater cyber risk.
Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell summoned Wall Street leaders to an urgent meeting on concerns that the latest artificial intelligence model from Anthropic PBC will usher in an era of greater cyber risk.
There was already a sense of unease about the roughly $3 trillion leveraged finance market as thousands of bankers, investors and analysts descended on Miami Beach for JPMorgan Chase & Co.’s annual confab, the biggest of its kind.
There was already a sense of unease about the roughly $3 trillion leveraged finance market as thousands of bankers, investors and analysts descended on Miami Beach for JPMorgan Chase & Co.’s annual confab, the biggest of its kind.
When JPMorgan Chase & Co. took the lead last year in financing the $55 billion takeover of Electronic Arts Inc., a record-setting leveraged buyout, Wall Street saw it as a sign that a lucrative period of bankrolling super-sized private equity deals might come roaring back.
When JPMorgan Chase & Co. took the lead last year in financing the $55 billion takeover of Electronic Arts Inc., a record-setting leveraged buyout, Wall Street saw it as a sign that a lucrative period of bankrolling super-sized private equity deals might come roaring back.
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon, asked about fierce competition across the financial industry, said he’s starting to see parallels to the era before the 2008 financial crisis, when a rush to make loans ended disastrously.
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon, asked about fierce competition across the financial industry, said he’s starting to see parallels to the era before the 2008 financial crisis, when a rush to make loans ended disastrously.
Treasury Secretary Scott Bessent’s demand that lenders collect more information about international money transfers from a pair of counties in Minnesota has some of the biggest US banks racing to comply.
Treasury Secretary Scott Bessent’s demand that lenders collect more information about international money transfers from a pair of counties in Minnesota has some of the biggest US banks racing to comply.
Treasury Secretary Scott Bessent in Golden Valley, Minnesota, in January.
The Federal Reserve has signaled to lenders it plans to abandon some of the confidential warnings it previously sent them to improve operations as Vice Chair Michelle Bowman continues to relax the central bank’s oversight of US financial firms.
The Federal Reserve has signaled to lenders it plans to abandon some of the confidential warnings it previously sent them to improve operations as Vice Chair Michelle Bowman continues to relax the central bank’s oversight of US financial firms.
A man walks past the Marriner S. Eccles Federal Reserve building in Washington, D.C., U.S., on Tuesday, Jan. 27, 2015. The policy-setting Federal Open Market Committee (FOMC), meeting for the first time in 2015 on Tuesday and Wednesday in Washington, will be challenged by reports contrasting the encouraging performance of the U.S. economy with a global outlook that has darkened since they met in December. Photographer: Andrew Harrer
JPMorgan Chase & Co., Goldman Sachs Group Inc. and Bank of America Corp. boosted their bonus pools for bankers and traders by at least 10%, as the businesses benefited from a banner year in dealmaking and market activity.
JPMorgan Chase & Co., Goldman Sachs Group Inc. and Bank of America Corp. boosted their bonus pools for bankers and traders by at least 10%, as the businesses benefited from a banner year in dealmaking and market activity.
JPMorgan Chase & Co., Bank of America Corp. and Wells Fargo & Co. said they will match the US government’s $1,000 “Trump Account” contributions for eligible employees with children born between the beginning of last year and the end of 2028.
JPMorgan Chase & Co., Bank of America Corp. and Wells Fargo & Co. said they will match the US government’s $1,000 “Trump Account” contributions for eligible employees with children born between the beginning of last year and the end of 2028.
A JPMorgan Chase & Co. bank branch in New York, US, on Tuesday, Jan. 20, 2026. President Donald Trump railed against JPMorgan Chase & Co. and its leader Jamie Dimon, threatening to sue the banking giant over his claim that he was debanked after the Jan. 6, 2021, Capitol riot. Photographer: Michael Nagle/Bloomberg