Why big banks are "canaries in the economic coal mine"

Jan 9, 2023
On Friday, Bank of America, Citigroup, Wells Fargo and JPMorgan Chase will post earning reports. Parts of their business struggled in the fourth quarter.
Michael M. Santiago/Getty Images

Wall Street widened the racial wealth gap. Can big banks help bridge it?

Oct 25, 2022
In her new book, journalist Emily Flitter looks at how Wall Street giants have kept Black Americans out of the financial industry.
The JPMorgan Chase headquarters building in New York. Many major Wall Street firms pledged to support economic equality for Black Americans after the killing of George Floyd in 2020.
Michael M. Santiago/Getty Images

JPMorgan pauses stock buybacks as profits slump

Jul 14, 2022
CEO Jamie Dimon also cited economic worries, including the Ukraine war and inflation, in the big bank's move to conserve cash.
JPMorgan Chase's quarterly financial results disappointed Wall Street, and CEO Jamie Dimon discussed risks to the economy.
Michael M. Santiago/Getty Images

JPMorgan Chase promises $30 billion to address racial wealth gap

Some of the initiative is philanthropic, but most of it is lending with an expected return for the bank.
"We can do more and do better to break down systems that have propagated racism and widespread economic inequality, especially for Black and Latinx people," JPMorgan Chase Chairman and CEO Jamie Dimon said.
Alex Wroblewski/Getty Images

Chase seeks new markets with new branches

Mar 14, 2019
JPMorgan Chase just announced that it’ll open 90 new branches by the end of the year.
JPMorgan Chase just announced that it’ll open 90 new branches by the end of the year
BRYAN R. SMITH/AFP/Getty Images

The last CEO standing from the financial crisis

Oct 3, 2018
Cybersecurity is now the top worry of Jamie Dimon, the CEO of JPMorgan Chase.
Peter Balonon-Rosen/Marketplace

A big bank bets on sustainability

Jul 28, 2017
JPMorgan Chase announced today a $200 billion commitment to financing clean energy. On top of that, divisions across the firm, from retail to real estate, are working to switch all Chase properties around the world to 100 percent renewable power by the year 2020. That’s more than 5,000 properties in some 60 countries. Here’s why […]

For public good, not for profit.

Why is Wall Street losing black executives?

Jul 28, 2017
Some of the biggest U.S. banks are losing diversity, falling behind the rest of corporate America.

JPMorgan Chase settles debit card lawsuit with former inmates

Aug 5, 2016
Pennsylvania artist Jesse Krimes, the lead plaintiff in the case, joins us to talk about fair treatment for former inmates.
Pennsylvania artist Jesse Krimes at his art show in Chelsea.
Courtesy Jesse Krimes

Bank earnings show higher lending at lower rates

Jul 15, 2016
Banks are learning to live with "lower for longer" interest rates.
Wells Fargo's net income was $5.6 billion in the second quarter of this year.
Justin Sullivan/Getty Images

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