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
CFO reported that banks are increasing their use of blockchain technology, in part, because it enables them to more efficiently manage foreign exchange transactions. read more
FEB 13, 2018 - 11:00 am
According to a report issued by the Digital Journal, Goldman Sachs, JPMorgan Chase and Citi have the largest U.S. bank share of disclosed investments to fintech startups. read more
FEB 12, 2018 - 6:26 am
JPMorgan Chase reported Q4/17 earnings of $4.23 billion were down 37% from $6.73 billion a year earlier. The bank noted the decrease included $2.4 billion of estimated net impact of the Tax Cuts and Jobs Act. read more
JAN 15, 2018 - 6:54 am
Navistar International completed the refinancing of Navistar's existing approximately $1.0 billion senior secured term loan which was due to mature in August 2020 with a new $1.6 billion senior secured term loan which is due to mature in November 2024. read more
NOV 8, 2017 - 6:46 am
According to Brand Finance research, JPMorgan Chase was ranked as the most popular brand in the U.S. Wells Fargo was voted the least trusted bank. U.S. Bank proved to have the most loyal customers. read more
SEP 25, 2017 - 7:03 am
Former senior loan officer at JPMorgan Chase pleaded guilty to charges of conspiracy to commit fraud for his role in a massive mortgage scheme that cost the bank more than $33 million. read more
MAY 23, 2017 - 6:47 am