Brokers now with J.P. Morgan in Atlanta are at least the fifth former brokers who won awards for deferred compensation the Swiss bank withheld after shuttering its U.S. brokerage operations.
Private client group advisor now with Morgan Stanley says he “vehemently denies” allegations of unsuitable trading and other charges that cost his former firm $14 million.
Three-broker team in Palm Beach who were managing almost $1 billion shifted on Friday.
JPMorgan Chase & Co. was hit by the Federal Reserve’s about-face on interest rates in the second quarter, warning that lending income will fall in the second half.
Dallas office of J.P. Morgan loses $1.3 million producer Amy Sabin to Raymond James-affiliated independent firm the same day it hires an early-career wealth associate from UBS.
Mario Lamar and Carlos Bonzon, who were managing some $1 billion of assets, will operate from Morgan Stanley offices in Miami and New York after nine years with J.P. Morgan.
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said it was “irresponsible” for Wells Fargo to announce CEO Tim Sloan’s departure without a succession plan ready.
Half of customers opening accounts on the bank’s You Invest platform are millennials, according to Kunal Vaed, head of digital self-directed investing at JPMorgan.
JPMorgan Chase & Co. said net interest income — revenue from customers’ loan payments minus what the bank pays depositors — jumped to $14.5 billion in the first quarter, a record aided by the Federal Reserve’s four interest-rate increases in 2018.