Category: JPMorgans
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Wall Street’s diversity dilemma deepens as JPMorgan’s Dimon sounds off on ‘stupid’ DEI expenses
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Wall Street’s defense of her DEI initiatives suddenly became more complicated. Jimmy Damon, CEO of JPMorgan Chase, a long -standing diversity defender and the use of banking resources to help minority communities, told employees last week during a municipal hall that “he was never a strong believer in training” and…
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JPMorgan’s strategy chief on why investors should dial back risk amid market distortions
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David Kelly, chief global strategist at JPMorgan Asset ManagementJP Morgan Asset Management Indices rose due to strong economic data and a significant interest rate cut from the Federal Reserve. However, as markets look for a soft landing, potential shocks pose a greater risk to investors, says David Kelly. He says…
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Interest rates be damned: 3 reasons JPMorgan’s commercial banking clients are optimistic about the U.S. economy
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Federal Reserve interest rates, which influence global lending rates, are higher than they have been in 23 years. But that’s not stopping JPMorgan Chase clients from feeling optimistic. In a survey of more than 100 founders and senior business leaders at companies generating up to $2 billion each, more than…