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

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