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
According to Bloomberg, JPMorgan Chase is planning on laying off hundreds of employees within its asset and wealth management division after a periodic staffing review. read more
MAR 29, 2019 - 6:50 am
U.S. healthcare organizations stayed positive on the national economy, with 71% reporting optimism, yet industry performance optimism waned at 41% amid major industry changes, according to J.P. Morgan’s Healthcare Industry Outlook survey. read more
FEB 7, 2019 - 6:45 am
JPMorgan Chase's Commercial Bank announced the launch of a franchise and restaurant group within its middle market banking and specialized industries business. read more
NOV 13, 2018 - 6:55 am
JPMorgan Chase reported record Q2/18 earnings of $8.3 billion, up $1.3 billion or 18% from Q2/17. CEO Jamie Dimon attributed the bank’s performance to “good global economic growth, particularly in the U.S, where consumer and business sentiment is high.” read more
JUL 13, 2018 - 3:06 pm