If the economy goes south, it could affect the ability of working people to continue making payments. And that could affect the banks’ bottom lines.

The classic way banks make money rests on three words: net interest income.

Emily Flitter of The New York Times explains how the head of JPMorgan became one of the key people trying to shore up the banking system.

JPMorgan acquired First Republic’s assets and customers, but also a lot of outstanding debt.

On Friday, Bank of America, Citigroup, Wells Fargo and JPMorgan Chase will post earning reports. Parts of their business struggled in the fourth quarter.

In her new book, journalist Emily Flitter looks at how Wall Street giants have kept Black Americans out of the financial industry.

CEO Jamie Dimon also cited economic worries, including the Ukraine war and inflation, in the big bank’s move to conserve cash.

Some of the initiative is philanthropic, but most of it is lending with an expected return for the bank.

JPMorgan Chase just announced that it’ll open 90 new branches by the end of the year.

Cybersecurity is now the top worry of Jamie Dimon, the CEO of JPMorgan Chase.