JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City. JPMorgan Chase is ranked by S&P Global as the largest bank in the United States and the 5th largest bank in the world with total assets of $3.213 trillion.
Phil Sieg, who took over as Chief Executive of J.P. Morgan Advisors in April, outlined the plan as part of a broad strategy shift for the unit.
A private banker who sources said may have been responsible for as much as $4 billion in assets is staying in New York but has joined a team led by a Chairman’s Club producer in Indianapolis.
The three-banker team left to relink with former J.P. Morgan Private Bank CEO Kelly Coffey at City National, an RBC-owned firm.
Brothers Evan A. and Avi E. Schottenstein have asked a court to enforce a $4 million settlement with their grandmother that represents less than half the $9.8 million that they had been ordered to pay in arbitration.
JPMorgan Chase & Co. agreed to buy OpenInvest, a financial-technology firm that offers services for values-based investing.
Broker who is the grandson of the founder of the storied Barney Greengrass deli in Manhattan had claimed in a $13 million suit that another employee poached his largest client.
Christine Leong Connors, who in 2012 assumed leadership of Northern California for J.P. Morgan’s private bank, left to “pursue outside opportunities,” a memo said.
Bank of America Corp. joined JPMorgan Chase & Co. and Wells Fargo & Co. in closing offices for Juneteenth starting next year after President Joe Biden signed the federal holiday to commemorate the end of slavery in the U.S. into law.
The group is led by Kevin E. McGuire, who had helmed the private bank’s Colorado Technology Vertical and Boulder Team from Denver.
Mollie Colavita is expected to join J.P. Morgan Wealth Management as head of practice management, after a garden leave.
JPMorgan Chase & Co. — often a standard-setter for the industry — is ordering traders, bankers, financial advisers and even some branch employees to sift through years of text messages on personal devices and set aside any related to work, according to people with knowledge of the situation.