JPMorgan Chase & Co. has deployed teams working overtime to analyze the impact of the early outlines of the policy shift under President Donald Trump, according to Mary Erdoes, chief of the asset and wealth management arm of America’s largest bank.
Trump threatened tariffs of as much as 60% on China during his campaign, but appeared to temper his plans after a phone call last week with Chinese President Xi Jinping. He said Monday there would be more discussions with his counterpart in the world’s second largest economy.
The white-knuckle business of trading global assets sensitive to Trump's "America First" policies has resumed.
Though Trump is set to reshape the future of AI in America, there's another corporate investment set to take off under his leadership.
The risks of a broad implementation of tariffs have "likely increased," given recent reports that members of President Donald Trump's economic team are considering raising them by 2% to 5% per month,
JPMorgan Chase CEO Jamie Dimon on Wednesday said the U.S. stock market is overvalued and explained why he’s a little more pessimistic about the global economy than your average Wall Street insider.
JP Morgan Chase & Co. desplegó equipos que trabajan horas extra para analizar el impacto de los primeros lineamientos del cambio de política bajo la presidencia de Donald Trump, según Mary Erdoes, directora de la división de gestión de activos y patrimonio del banco más grande de Estados Unidos.
Greg Baer, head of the Bank Policy Institute, echoed the president's assertion that unchecked supervisors are urging banks to drop risky clients .
President Donald Trump delivered an unexpected critique of Bank of America (BAC) CEO Brian Moynihan, accusing the executive of restricting
The broad based index finished the trading day up over 0.5%, securing its first all-time closing high of 2025. The Dow Jones Industrial Average ( ^DJI) popped around 0.9%, but was unable to secure its own record, while the Nasdaq Composite ( ^IXIC) recovered from earlier losses to close up about 0.2%.