JPMorgan Chase & Co News - July 2026

JPMorgan slashes some headcount 40% via AI, sees no lasting advantage
JPM

JPMorgan slashes some headcount 40% via AI, sees no lasting advantage

JPMorgan Chase reported AI-driven headcount reductions of up to 40% in specific business units for 2026. CEO Jamie Dimon disclosed the impact during the bank's...

JPMorgan Nears $550B Japan Investment Deal, Cutting High Dollar Costs
JPM

JPMorgan Nears $550B Japan Investment Deal, Cutting High Dollar Costs

JPMorgan Chase and other U.S. banks are nearing an agreement to finance Japan’s $550 billion investment plan in the United States. This funding helps Tokyo...

JPMorgan hits record $21.2B profit, led by surging equity trading
JPM

JPMorgan hits record $21.2B profit, led by surging equity trading

JPMorgan Chase reported record second-quarter net income of $21.2 billion. This figure represents a 41% increase over the previous year. Adjusted net income...

JPM

DTCC trials blockchain asset tokens with Wall Street, eyeing 2026 launch

The Depository Trust & Clearing Corporation (DTCC) launched a live production trial to tokenize traditional financial assets. Major firms including JPMorgan,...

JPMorgan Chase's second quarter 2026 revenue of $58.0B beat by 15% as EPS grew 47% YoY, aided by significant gains.
JPM

JPMorgan Chase's second quarter 2026 revenue of $58.0B beat by 15% as EPS grew 47% YoY, aided by significant gains.

JPMorgan Chase reported second quarter 2026 managed revenue of $58.0 billion, a 27% increase year-over-year, and net income of $21.2 billion. This resulted in...

JPM

JPMorgan Chase & Co Q2 2026 Earnings Preview: What Analysts Expect on July 14, 2026

JPMorgan Chase is expected to report Q2 2026 earnings with a consensus revenue of $50.42 billion and an EPS of $5.52, while the stock trades at $336.47 against...

Major Banks Target Fiserv Debit Networks, Bypassing Federal Fee Caps
JPM

Major Banks Target Fiserv Debit Networks, Bypassing Federal Fee Caps

JPMorgan Chase, Bank of America, Wells Fargo, and PNC are holding preliminary talks to acquire Fiserv’s STAR and Accel debit networks. This acquisition would...

JPM

🟢 JPM surges 2% on $50B share buyback and 10% dividend hike effective today

• JPMorgan Chase's $50 billion share repurchase program and 10% dividend increase are effective today, July 1, 2026. • The bank's stock is also supported by...