JPMorgan's profit surges to record after First Republic deal
WEBJul 14, 2023 — JPMorgan Chase beat Wall Street estimates for the second-quarter with record profit even as its chief Jamie Dimon cautioned about unprecedented economic risks.
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The latest on JPMorgan Chase takeover of First Republic Bank - CNN
WEBMay 1, 2023 — JPMorgan Chase is buying most assets of First Republic Bank after the nation’s second-largest bank failure ever, in a deal announced early Monday that protects the deposits of First...
JPMorgan Chase acquires substantial majority of assets and …
WEBNew York, May 1, 2023 – JPMorgan Chase (NYSE: JPM) today announced it has acquired the substantial majority of assets and assumed the deposits and certain other liabilities of First Republic Bank from the Federal Deposit Insurance Corporation (FDIC).
Chase makes multi-billion dollar investment in its branch network
WEBFeb 6, 2024 — This multi-billion dollar commitment will contribute to local economic growth through construction, ongoing community investments and local hiring, bringing opportunity to thousands of local residents across the bank’s footprint.
JPMorgan profit rises to record, fueled by investment banking
WEBJul 12, 2024 — JPMorgan Chase beat estimates for second-quarter profit on Friday as a resurgence in dealmaking and strong capital markets fueled record results.
First Republic Bank sold to JPMorgan Chase : NPR
WEBMay 1, 2023 — Regulators took over First Republic Bank and sold a substantial chunk of its assets to JPMorgan Chase, marking the third major bank failure in the U.S. in less than two months.
First Republic Bank Is Seized by Regulators and Sold to JPMorgan Chase
WEBMay 1, 2023 — Regulators seized control of First Republic Bank and sold it to JPMorgan Chase on Monday, a dramatic move aimed at curbing a two-month banking crisis that has rattled the financial system.
JPMorgan profit jumps 35%, but CEO says ... - Associated Press News
WEBOct 13, 2023 — JPMorgan Chase’s third-quarter profit soared 35% from last year, fueled by a rapid rise in interest rates, but the bank’s CEO, Jamie Dimon, issued a sobering statement about the current state of world affairs and economic instability.
JPMorgan Chase profits jump 52% amid banking turmoil | AP News
WEBApr 14, 2023 — JPMorgan Chase says first-quarter profits rose 52%, helped by higher interest rates which allowed the bank to charge customers more for loans. The bank saw deposits grow noticeably, as business and customers flocked to the banking titan after the failure of Silicon Valley Bank and Signature Bank.