JPMorgan Chase is reportedly planning to outsource its local custody business operations in Hong Kong and Taiwan.

JPMorgan Chase claims that 99% of Americans have already exhausted the excess savings they accumulated during the COVID-19 pandemic.

JPMorgan Chase CEO Jamie Dimon said Wednesday that the bank would leave China if directed by the US government.

Jamie Dimon has been the talk of the town as reports on Thursday showed that he is likely to be Secretary of the Treasury in the administration of the recently-elected Republican Donald Trump. But even after the 2016 US Presidential election concludes, the CEO of JPMorgan as well as his peers from Wall Street already sees a huge development in the stock market.

Fees in investment banking sector across the world declined 29% during the first three-month period of 2016 as uncertainty in the global market halted deal proposing activities and other investment events.

Shareholders of two U.S. prominent banks will vote later this year regarding the breakup plans for the banks. However shareholders are predicted to decline the plan submitted by liberal lobby activist.

U.S. stocks swung on Tuesday ahead of Fed statement. While Morgan Stanley and JPMorgan warned that similar to Europe and Japan, stimulus program may not be effective to stimulate growth.

Yahoo on Friday announced the strategic alternative to sell its core business. Following the announcement, the company's shares climbed.

State-owned Saudi Arabian Oil Co. (ARAMCO) is possibly going for an IPO aiming to raise funds for $1 trillion to $10 trillion. Some shares of the IPO may be awarded among the local banks and investors following ARAMCO’s action plan. However, experience in banking operations in the kingdom is believed to play the key role for selection which put HSBC and JPMorgan well ahead in the IPO grabbing race.

Goldman Sachs is racing ahead of its rivals in the global investment banking segment by revenues and fees in mergers and acquisitions (M&As) activity. Goldman Sachs' performance in 2015 so far exceeded while its competitors are not even close to it. With a market share of 12.3 percent, Goldman Sachs recorded $2billion revenues till date, while JPMorgan and Morgan Stanley are left with less than nine percent market share in the M&A space. The mergers and acquisitions activity this year so far was a robust period for Goldman Sachs.