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JPMorgan Chase & Co. (JPM-PM)

NYSE - NYSE Delayed Price. Currency in USD
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18.86-0.05 (-0.26%)
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    JPMorgan Loses Multiple Former First Republic Advisor Teams With More Than $13 Billion in Assets

    JPMorgan Chase’s wealth management business lost four large financial advisor teams overseeing a total of approximately $13.5 billion in assets to three rivals, including Merrill Lynch. All the advisors who left on Friday once worked at First Republic Bank the troubled lender that was engulfed in the regional bank crisis and bought by JPMorgan almost a year ago. The losses represent a setback for JPMorgan, which has been striving to build its wealth management business.

  • Bloomberg

    ShipBob Picks JPMorgan to Lead IPO As Soon As Late 2024

    (Bloomberg) -- E-commerce fulfillment service provider ShipBob Inc. has chosen JPMorgan Chase & Co. to lead its planned initial public offering, people familiar with the situation said. Most Read from BloombergTikTok Set to Remove Executive Tasked With Fending Off US ClaimsTraders Are Cashing Out of Markets En MasseTikTok Divest-or-Ban Bill Expected to Become US Law in DaysUS House Passes $95 Billion in Aid to Ukraine, Israel and TaiwanTesla Spends Weekend Cutting Prices of Cars and FSD Software

  • Reuters

    Exclusive-JPMorgan dealmakers Lipsky and Lee are leaving the bank, sources say

    Two senior JPMorgan Chase dealmakers, Andy Lipsky and Haidee Lee, are leaving the bank, two sources familiar with the matter said on Thursday. Lipsky, JPMorgan's vice chair of investment banking, helped advise industrial companies including General Electric on big deals. Lipsky is headed to Morgan Stanley, two other sources said, declining to be identified discussing personnel matters.