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Hannah Levitt

Hannah Levitt

Fortune

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JPMorgan CEO Jamie Dimon compares AI’s potential impact to electricity and the steam engine

The CEO devoted a chunk of his annual shareholder letter to the importance of AI for the Wall Street giant’s business and for society at large.

08.04.2024 6

Fortune

Hannah Levitt

JPMorgan hikes dividends after Jamie Dimon knocks Jerome Powell's plan for higher capital requirements

JPM has sent about $60 billion to shareholders through dividends and stock buybacks over the past three years.

20.03.2024 8

Fortune

Hannah Levitt

‘Material weaknesses’ in tracking commercial real estate loan risks send NYCB stock plunging, CEO out

New York Community Bancorp disclosed “ineffective oversight, risk assessment and monitoring activities" and took a $2.4 billion impairment.

02.03.2024 3

Fortune

Hannah Levitt

Jamie Dimon says assuming 'everything's hunky-dory' is a mistake as China's 'risk-reward has changed dramatically'

"When stock markets are up, it’s kind of like this little drug we all feel, like it’s just great," Dimon warned CNBC in a wide-ranging interview.

18.01.2024 4

Fortune

Hannah Levitt

Jamie Dimon's dominance of Wall Street capped by the most profitable year in banking history, blowout forecast for 2024

JPMorgan CEO Dimon hailed 2023's record results and forecast a rise to $90 billion of net interest income for 2024, where analysts saw a 2% drop.

12.01.2024 10

Fortune

Hannah Levitt

Ex-CEO of scandal-plagued Wells Fargo sues, claiming bank underpaid him by $34 million

Tim Sloan took over weeks after the bank was consumed by a fake-accounts scandal, but faced criticism over the slow pace of reform.

02.12.2023 4

Fortune

Hannah Levitt

JPMorgan settles case over its ties to pedophile Jeffrey Epstein for $75 million, saying it 'deeply regrets any association with this man'

The settlements cap nearly a year of public battles over JPMorgan’s ties to Epstein, which had become a reputational headache for the bank.

26.09.2023 1

Fortune

Hannah Levitt

JPMorgan’s Jamie Dimon says Fed may have to hike more because central bank started ‘a day late and a dollar short’ and now is just ‘catching up’

“Odds are higher that they will have to go higher than they are today,” Dimon said. “I’m talking about four months from now, six months from...

21.09.2023 10

Fortune

Hannah Levitt

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