JPMorgan Chase acquired the substantial majority of assets and assumed the deposits and certain other liabilities of First Republic Bank from the Federal Deposit Insurance Corporation. As part of the purchase, JPMorgan Chase is assuming all insured and uninsured deposits. read more

MAY 1, 2023 - 7:13 am

Monitor, the leading source of information for the equipment finance industry, has announced the details of Converge, an extraordinary two-day event that will be held in Philadelphia from June 14-15. read more

MAR 21, 2023 - 7:14 am

Last week, 11 banks, including Bank of America, Citigroup, JPMorgan Chase and Wells Fargo, combined to make $30 billion in uninsured deposits in First Republic Bank to display confidence in the U.S. banking system following the collapse of Silicon Valley Bank. read more

MAR 20, 2023 - 7:22 am

Topgolf Callaway Brands completed a series of related transactions in support of a plan to refinance its capital structure, including a seven-year, $1.25 billion senior secured term loan B arranged by Bank of America, JPMorgan Chase, MUFG Securities and Truist Securities. read more

MAR 20, 2023 - 7:13 am

According to JPMorgan Chase’s recently released 2023 annual Business Leaders Outlook survey, the majority of small and midsize U.S. business leaders anticipate a recession in 2023, with 65% of midsize businesses and 61% of small businesses indicating as such.  read more

JAN 6, 2023 - 7:32 am

According to JPMorgan Chase’s 2022 Business Leaders Outlook Pulse survey, just about one in five business leaders (19%) said they’re optimistic about the U.S. economy for the year ahead, the lowest percentage recorded in 12 years of survey data, and down from 75% one year ago. read more

JUN 28, 2022 - 7:48 am

JPMorgan Chase promoted Thelma Ferguson to vice chairman of commercial banking. Brian Lamb, who has served for two years as global head of diversity, equity and inclusion at JPMorgan Chase, will succeed Ferguson, while David Miree joined JPMorgan Chase to succeed Lamb. read more

MAR 22, 2022 - 6:24 am

As much of the U.S. reopens nearly a year and a half since the outbreak of the COVID-19 pandemic in the country, midsize business leaders’ optimism about their industries and companies have hit record highs, according to JPMorgan Chase’s 2021 Business Leaders Outlook Pulse survey. read more

JUL 20, 2021 - 6:57 am

CIBC joined RMI's Center for Climate-Aligned Finance as a strategic partner. According to CIBC, it is the first Canadian bank to partner with the center's efforts to align financial decision-making with the long-term decarbonization of the real economy. read more

FEB 22, 2021 - 6:39 am

According to a JPMorgan Chase survey, nearly half (44%) of small businesses have explored online lending in the past year, with 25% procuring an online loan. For the upcoming year, 56% said they would be open to procuring an online loan if they find themselves in need of capital. read more

JAN 6, 2021 - 6:58 am

Fifth Third Bank launched the Greater Cincinnati COVID-19 Small Business Response and Recovery Initiative, providing businesses of 25 employees or fewer in low-to-moderate income areas with advice and access to capital through the initiative’s loan and grant programs. read more

DEC 14, 2020 - 7:32 am

Amidst an unprecedented global pandemic and disruptions to the economy, more than one in two business leaders (53%) expect their companies to return to normal in the next 12 months, according to JPMorgan Chase’s Business Leaders Outlook Pulse Survey. read more

JUL 9, 2020 - 7:55 am

According to Chicago Business, Providence Bank & Trust, parent company of Providence Equipment Finance, contributed $1 million to JPMorgan Chase's Entrepreneurs of Color fund. read more

SEP 26, 2019 - 6:05 am

Business Roundtable released a new Statement on the Purpose of a Corporation signed by 181 CEOs who commit to lead their companies for the benefit of all stakeholders – customers, employees, suppliers, communities and shareholders. read more

AUG 20, 2019 - 6:25 am

Air Lease amended and extended its unsecured revolving credit facility with JPMorgan Chase, increasing the total commitments to approximately $5.8 billion from $4.6 billion, across 50 financial institutions. read more

MAY 10, 2019 - 6:45 am