JPMorganChase (NYSE:JPM) announced today that Brad D. Smith, 60, has been elected as a director of the company, effective January 21, 2025. Mr. Smith has been the President of Marshall University since January 2022. Before returning to serve his alma mater, he was the CEO of Intuit for 11 years where he helped redefine the company from a North American desktop software company to a global cloud-based platform, growing its customer base worldwide through offerings including TurboTax, QuickBooks and Mint. He also served as Chair and Executive Chair of Intuit and held several leadership positions at ADP, PepsiCo, 7UP, and ADVO. His leadership at Intuit was marked by fostering an innovation c

Mr. Heymann joins as Managing Partner from Index Ventures NEW YORK, Oct. 15, 2024 /PRNewswire/ -- J.P. Morgan Private Capital, the venture and growth equity investment arm within J.P. Morgan Asset Management, today announced the appointment of Paris Heymann as a new Co-Managing Partner. Mr. Heymann's expertise in late-stage private and crossover investing will broaden the platform's technology investing practice. With strategies across technology, consumer, and life sciences, Private Capital leverages J.P. Morgan's global presence to invest in companies across stage, sector, and geography.

Heller brings his expertise from TPG Angelo Gordon to expand platform NEW YORK, Oct. 9, 2024 /PRNewswire/ -- J.P. Morgan Asset Management today announced that Justin Heller has joined the firm as Managing Director and Portfolio Manager as part of the net lease strategy for the Real Estate Americas platform. Heller reports directly to Chad Tredway, Managing Partner for the net lease strategy and Head of Real Estate Americas. This strategic hire emphasizes the firm's commitment to expanding its real estate product offerings, and growing the business by sourcing new investment opportunities.

The Growth Lab has helped 93 companies grow since launching in 2017, helping support a total of more than 4,200 jobs The Growth Lab Accelerator, a joint project between StartOut and J.P. Morgan, today announced the newest selection of startups added to the program. The five-month program provides founders with critical access to resources for funding, networking, education and mentorship to promote long-term growth and more equitable access to opportunities within the current business climate. The Growth Lab has helped 93 companies grow since launching in 2017, helping support a total of 4,216+ jobs and raising more than $892 million in fundraising across the program's lifetime. As the co

ANNUAL AWARDS ANNOUNCE WINNERS AHEAD OF PHILADELPHIA CEREMONY SPONSORED BY JPMORGAN CHASE COMMERCIAL BANKING PHILADELPHIA, Sept. 9, 2024 /PRNewswire/ -- The Women Presidents Organization (WPO), in partnership with Women Elevating Women (W.E.W.), is proud to announce the award winners of the 2024 Entrepreneurial Women of Impact Awards, sponsored by JPMorgan Chase Commercial Banking. Twenty-four women across North America will be honored at an evening ceremony this Wednesday, September 11 for their outstanding professional achievements and contributions to their local communities.

Spence to continue global momentum for active ETF business NEW YORK, Aug. 15, 2024 /PRNewswire/ -- J.P. Morgan Asset Management ("The Firm") today announced the appointment of Travis Spence as Global Head of ETFs, effective immediately. In his new role, Spence will lead the ETF Product Development, Capital Markets, and newly formed ETF Insights teams, while continuing to head ETF distribution in EMEA. Reporting to Jed Laskowitz, CIO and Global Head of Asset Management Solutions at J.P. Morgan Asset Management, Spence will leverage the firm's active investment platforms and strong momentum to solidify J.P. Morgan's leadership in active ETFs.

- Myerberg Brings Expertise from Morgan Stanley to Accelerate J.P. Morgan's Real Estate Growth - NEW YORK, July 24, 2024 /PRNewswire/ -- J.P. Morgan Asset Management today announced the appointment of Josh Myerberg as Managing Director and Head of Portfolio Strategy for Core and Core Plus Real Estate Americas investment platforms. This strategic hire underscores the firm's commitment to expanding its flagship real estate business, which boasts a 60-year legacy of equity and debt fund capabilities. Myerberg will report directly to Chad Tredway, Head of Real Estate Americas, beginning in late August.

Mr. Siletto joins from Vivo Capital as Co-Managing Partner NEW YORK, July 11, 2024 /PRNewswire/ -- J.P. Morgan Private Capital, a venture and growth equity investment team within J.P. Morgan Asset Management Alternatives, today announced its next phase of growth with the hiring of industry veteran Joseph Siletto as a new Managing Partner alongside Anya Schiess and Gaurav Gupta, M.D., M.S.E, reporting to Stephen Squinto, Ph.D. The expanded team will look to invest in Series B through pre-IPO stage healthcare companies, specifically within the biotechnology, medical devices, health technology and services, and diagnostics and tools subsectors.

The Women Presidents Organization announces the businesses on this year's list ahead of annual Entrepreneurial Excellence Forum NEW YORK, May 15, 2024 /PRNewswire/ -- Today, the Women Presidents Organization (WPO) announced the businesses recognized on the annual 50 Fastest Growing Women-Owned/Led Companies ranking, sponsored by JPMorgan Chase. Companies in the health and wellness industries lead this year's list, alongside firms specializing in security, technology, staffing, human capital management and professional services. This year's three fastest-growing businesses are:

NEW YORK, April 9, 2024 /PRNewswire/ -- J.P. Morgan Asset Management today announced that Chris Meredith is joining as Chief Investment Officer (CIO) - Tax-Smart Strategies. He joins the team from O'Shaughnessy Asset Management. In this new role, Mr. Meredith will be responsible for the management and further development of tax-smart investment capabilities across index and active strategies. "We're thrilled that Chris is joining our team to help extend our leadership position in tax-smart capabilities across active and index SMAs, and ETF model portfolios alongside our partne

JPMorgan Chase Financial Company LLC announced today the quarterly coupon amount for the Alerian MLP Index ETN (NYSE:AMJB). The table below summarizes the coupon amount for the Alerian MLP Index ETN due January 28, 2044 (the "Notes"). NYSE Arca Ticker Registered Issue Name Declaration Date Ex-Date Record Date Payment Date Coupon Amount1 per Note Current Yield2 AMJB Alerian MLP Index ETN Nov 20, 2024 Nov 29, 2024 Nov 29, 2024 Dec 9, 2024 $0.4502 6.0% 1) As defined in the pricing supplement, dated May 14, 2024 for the Notes. You may access this pricing supplement as follows: https://www.

Southwest Rapid Rewards Premier Credit Card ranks No. 1, and the Priority Credit Card ranks No. 2 in Customer Satisfaction DALLAS, Nov. 19, 2024 /PRNewswire/ -- The Southwest Rapid Rewards® Premier and Priority Credit Cards issued by Chase1 are recognized for their commitment to Cardmembers by being named the top two Co-Branded Airline Credit Cards for Customer Satisfaction in the J.D. Power 2024 U.S. Credit Card Customer Satisfaction Study2. The Premier Credit Card is first for Customer Satisfaction among Airline Co-Branded Credit Cards, and the Priority Credit Card is second.

Marianne Lake, CEO of Consumer and Community Banking, will present at the Goldman Sachs U.S. Financial Services Conference at the Conrad Hotel in New York City on Tuesday, December 10, 2024 at 12:20 p.m. (Eastern). A live webcast will be available on the day of the conference at www.jpmorganchase.com under Investor Relations, Events & Presentations. JPMorgan Chase & Co. (NYSE:JPM) is a leading financial services firm based in the United States of America ("U.S."), with operations worldwide. JPMorganChase had $4.2 trillion in assets and $346 billion in stockholders' equity as of September 30, 2024. The Firm is a leader in investment banking, financial services for consumers and small bus

Lounges at Phoenix Sky Harbor International Airport opens November 12 and San Diego International Airport lounge opens December 6; Airports in Philadelphia, Las Vegas and Los Angeles to follow. New airport lounge access with Air Canada now available and a special lounge experience at Las Vegas' Aria Resort & Casino, coming soon Today, Chase announced opening dates for its two newest additions to the Chase Sapphire Lounge by The Club network of airport lounges, which include: Phoenix Sky Harbor International Airport (PHX) Opening November 12, 2024 – Terminal 4, South 1 (S1) Concourse San Diego International Airport (SAN) Opening December 6, 2024 – Terminal 2 Following th

NEW YORK, Nov. 7, 2024 /PRNewswire/ -- J.P. Morgan Real Estate Income Trust, Inc. (JPMREIT) announced today the acquisition of a strategically positioned two-site, three-building infill logistics and storage portfolio totaling 154,490 square feet located in Tampa and Pinellas Park, FL. The properties are fully leased to PODS, a leading moving and storage company founded and headquartered in the Tampa area. The total purchase price was $25.8 million (exclusive of closing costs). This investment allows JPMREIT to access infill logistics facilities in one of the fastest-growing m

JPMorgan Chase & Co. (NYSE:JPM) ("JPMorganChase" or the "Firm") has filed its Quarterly Report on Form 10-Q for the quarter ended September 30, 2024 with the SEC. The report is available on the SEC's website at www.sec.gov and will be available on the Firm's Investor Relations website at www.jpmorganchase.com/ir under SEC Filings & Other Disclosures. JPMorgan Chase & Co. (NYSE:JPM) is a leading financial services firm based in the United States of America ("U.S."), with operations worldwide. JPMorganChase had $4.2 trillion in assets and $346 billion in stockholders' equity as of September 30, 2024. The Firm is a leader in investment banking, financial services for consumers and small busin

Market-led initiative could drive more capital to investments that advance sustainable development in places with the greatest need The Impact Disclosure Taskforce, a market-led effort co-chaired by J.P. Morgan and Natixis Corporate & Investment Banking, released its final voluntary Impact Disclosure Guidance, following a public consultation period. The Impact Disclosure Guidance helps corporate and sovereign entities provide transparency on their efforts to reduce poverty and inequality in communities that still lack access to basic human needs. It also helps disseminate information to institutional investors that are seeking investments that offer both financial and social returns. Draw

Fusion by J.P. Morgan releases a new suite of private markets data services that delivers standardized data aggregated from multiple vendors and sources, allowing investors to analyze their complete portfolio across private and publicly traded holdings. J.P. Morgan today announced the launch of its Private Markets Data Solutions for institutional investors, available through Fusion by J.P. Morgan. This is a comprehensive data management solution for private assets that enables investors, both General Partners (GP) and Limited Partners (LP), to analyze and gain transparency into their complete portfolio across public and private holdings and eliminate the manual processes of managing this o

NEW YORK, Oct. 21, 2024 /PRNewswire/ -- J.P. Morgan Asset Management today released its 2025 Long-Term Capital Market Assumptions (LTCMAs), providing a comprehensive 10-15-year outlook for returns and risks across asset classes as the forces that drove volatility in recent years abate. These market assumptions guide investment decisions and conversations with institutional and high-net-worth clients, providing actionable insights for building resilient portfolios amid higher growth, increased capital investment, and rising geopolitical tensions. In this 29th edition of the LTC

JPMorganChase (NYSE:JPM) announced today that Brad D. Smith, 60, has been elected as a director of the company, effective January 21, 2025. Mr. Smith has been the President of Marshall University since January 2022. Before returning to serve his alma mater, he was the CEO of Intuit for 11 years where he helped redefine the company from a North American desktop software company to a global cloud-based platform, growing its customer base worldwide through offerings including TurboTax, QuickBooks and Mint. He also served as Chair and Executive Chair of Intuit and held several leadership positions at ADP, PepsiCo, 7UP, and ADVO. His leadership at Intuit was marked by fostering an innovation c

Deep-pocketed investors have adopted a bearish approach towards JPMorgan Chase (NYSE:JPM), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in JPM usually suggests something big is about to happen. We gleaned this information from our observations today when Benzinga's options scanner highlighted 8 extraordinary options activities for JPMorgan Chase. This level of activity is out of the ordinary. The general mood among these heavyweight investors is divided, with 37% leaning bullish and 50% bearish. Among these notable option

- Reuters

JPMorgan Chase's (NYSE:JPM) short percent of float has risen 6.58% since its last report. The company recently reported that it has 23.08 million shares sold short, which is 0.81% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.18 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. Below are some instances of options activity happening in the Financials sector: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume TFC CALL TRADE BULLISH 08/16/24 $45.00 $636.3K 895 10.1K UPST CALL TRADE BULLISH 12/20

Warren Buffett's Berkshire Hathaway (NYSE:BRK) (NYSE:BRK) has offloaded approximately 33.9 million shares of Bank of America (NYSE:BAC), equivalent to around $1.48 billion, as per a regulatory filing with the U.S. Securities and Exchange Commission (SEC.) What Happened: The transactions were executed this week, bringing down Berkshire Hathaway’s ownership to about 999 million BofA shares. The Charlotte, North Carolina-based bank lists Berkshire as one of its biggest shareholders. Berkshire, under the leadership of Buffett, holds a diverse portfolio of bank investments, encompassing stakes in Wells Fargo & Co (NYSE:WFC) and JPMorgan Chase (NYSE:JPM). The conglomerate first invested i

- Reuters

With Visa Inc (NYSE:V) and Mastercard Inc (NYSE:MA) set to report their quarterly earnings later this month, Wall Street is keenly observing the performance of these payment giants. Visa reports Q2 earnings on July 23 and Mastercard reports on July 31. Both stock are down about 5% over the past three months. Despite the recent downturn in their stock prices, JPMorgan analyst Tien-tsin Huang remains optimistic about their future, anticipating underlying stability and potential growth. Visa, Mastercard’s ‘Concerns Reasonable’, Says Analyst Huang emphasizes that both Visa and Mastercard have faced a challenging operating environment over the past year. “We find these concerns reaso

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Evercore ISI Group boosted the price target for Netflix, Inc. (NASDAQ:NFLX) from $700 to $710. Evercore ISI Group analyst Mark Mahaney maintained an Outperform rating. Netflix shares declined 0.7% to close at $643.04 on Thursday. See how other analysts view this stock. Keybanc increased the price target for Robinhood Markets, Inc. (NASDAQ:HOOD) from $23 to $25. Keybanc analyst Alex Markgraff maintained an Overweight rating. Robinhood shares fell 5.6% to close at $22.83 on Thursday. See how other an

Keefe, Bruyette & Woods analyst David Konrad maintains JPMorgan Chase (NYSE:JPM) with a Market Perform and raises the price target from $195 to $203.

The Goldman Sachs Group, Inc. (NYSE:GS) reportedly made several senior leadership appointments within its investment banking team. The company appointed former JPMorgan Chase & Co. (NYSE:JPM) banker Carsten Woehrn as joint co-head of M&A in EMEA to “grow and develop our European franchise,” reported Reuters. Woehrn previously led JPMorgan’s Infrastructure M&A franchise in Europe, specializing in healthcare, energy, and transportation transactions. As per the report, Goldman Sachs has appointed Nimesh Khiroya as co-head of M&A in EMEA. He will continue his role as co-head of UK Investment Banking while previously leading activism and shareholder advisory in EMEA and Nordic M&A.

NEW YORK, Nov. 7, 2024 /PRNewswire/ -- J.P. Morgan Real Estate Income Trust, Inc. (JPMREIT) announced today the acquisition of a strategically positioned two-site, three-building infill logistics and storage portfolio totaling 154,490 square feet located in Tampa and Pinellas Park, FL. The properties are fully leased to PODS, a leading moving and storage company founded and headquartered in the Tampa area. The total purchase price was $25.8 million (exclusive of closing costs). This investment allows JPMREIT to access infill logistics facilities in one of the fastest-growing m

JPMorgan Chase & Co. (NYSE:JPM) ("JPMorganChase" or the "Firm") has declared dividends on the outstanding shares of the Firm's Series DD, EE, GG, JJ, KK, LL, MM and NN preferred stock. Information can be found on the Firm's Investor Relations website at https://www.jpmorganchase.com/ir/news. JPMorgan Chase & Co. (NYSE:JPM) is a leading financial services firm based in the United States of America ("U.S."), with operations worldwide. JPMorganChase had $4.2 trillion in assets and $346 billion in stockholders' equity as of September 30, 2024. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing

NEW YORK, Sept. 26, 2024 /PRNewswire/ -- J.P. Morgan Asset Management today announced the launch of its latest active exchange-traded fund (ETF), the JPMorgan Dividend Leaders ETF (JDIV) on the NYSE Arca. This innovative fund leverages a dividend strategy, offering a differentiated solution that is now broadly accessible to clients. The JPMorgan Dividend Leaders ETF (JDIV) seeks to provide long-term capital growth and current income by investing in equity securities of companies listed in both global developed and emerging markets. The fund will invest at least 80% of its asse

JPMorgan Chase & Co. (NYSE:JPM) ("JPMorganChase" or the "Firm") declared a quarterly dividend on the outstanding shares of the common stock of JPMorganChase. Information can be found on the Firm's Investor Relations website at https://www.jpmorganchase.com/ir/news. JPMorgan Chase & Co. (NYSE:JPM) is a leading financial services firm based in the United States of America ("U.S."), with operations worldwide. JPMorganChase had $4.1 trillion in assets and $341 billion in stockholders' equity as of June 30, 2024. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the

JPMorgan Chase & Co. (NYSE:JPM) ("JPMorganChase" or the "Firm") has declared dividends on the outstanding shares of the Firm's Series CC preferred stock. Information can be found on the Firm's Investor Relations website at https://www.jpmorganchase.com/ir/news. JPMorgan Chase & Co. (NYSE:JPM) is a leading financial services firm based in the United States of America ("U.S."), with operations worldwide. JPMorganChase had $4.1 trillion in assets and $341 billion in stockholders' equity as of June 30, 2024. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P.

As previously announced, JPMorgan Chase & Co. (NYSE:JPM) ("JPMorganChase" or the "Firm") will host a conference call to review third-quarter 2024 financial results on Friday, October 11, 2024 at 8:30 a.m. (EDT). The results are scheduled to be released at approximately 7:00 a.m. (EDT). The live audio webcast and presentation slides will be available on www.jpmorganchase.com under Investor Relations, Events & Presentations. JPMorganChase will notify the public that financial results have been issued through its social media outlet @JPMorgan and @Chase on Twitter, and by a press release over Business Wire that will provide the link to the Firm's Investor Relations website. In addition to bei

JPMorgan Chase & Co. (NYSE:JPM) ("JPMorganChase" or the "Firm") has declared dividends on the outstanding shares of the Firm's Series X and II preferred stock. Information can be found on the Firm's Investor Relations website at https://www.jpmorganchase.com/ir/news. JPMorgan Chase & Co. (NYSE:JPM) is a leading financial services firm based in the United States of America ("U.S."), with operations worldwide. JPMorganChase had $4.1 trillion in assets and $341 billion in stockholders' equity as of June 30, 2024. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under t

JPMorgan Chase & Co. (NYSE:JPM) ("JPMorganChase" or the "Firm") has declared dividends on the outstanding shares of the Firm's Series DD, EE, GG, JJ, KK, LL, MM and NN preferred stock. Information can be found on the Firm's Investor Relations website at https://www.jpmorganchase.com/ir/news. JPMorgan Chase & Co. (NYSE:JPM) is a leading financial services firm based in the United States of America ("U.S."), with operations worldwide. JPMorganChase had $4.1 trillion in assets and $341 billion in stockholders' equity as of June 30, 2024. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and

JPMorgan Chase & Co. (NYSE:JPM) ("JPMorgan Chase" or the "Firm") has announced updated information relating to its third quarter dividend, common share repurchase program and regulatory capital requirements. Information can be found on the Firm's Investor Relations website at jpmorganchase.com/ir/news. JPMorgan Chase & Co. (NYSE:JPM) is a leading financial services firm based in the United States of America ("U.S."), with operations worldwide. JPMorgan Chase had $4.1 trillion in assets and $337 billion in stockholders' equity as of March 31, 2024. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction pr

JPMorgan Chase & Co. (NYSE:JPM) ("JPMorgan Chase" or the "Firm") has declared dividends on the outstanding shares of the Firm's Series CC, FF and HH preferred stock. Information can be found on the Firm's Investor Relations website at https://www.jpmorganchase.com/ir/news. JPMorgan Chase & Co. (NYSE:JPM) is a leading financial services firm based in the United States of America ("U.S."), with operations worldwide. JPMorgan Chase had $4.1 trillion in assets and $337 billion in stockholders' equity as of March 31, 2024. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management.