Jamie Dimon

New Capabilities

Blocking third-party agents; new account terms take effect January 1, 2027

An AI agent that logs in with a customer's password looks exactly like that customer to a bank's systems. JPMorgan Chase, Charles Schwab, Citigroup and Wells Fargo spent October blocking such agents from consumer accounts, or writing terms that make the customer responsible for whatever an agent does.

Updated 4 days ago

Money Moves

Leading the largest US bank by assets

JPMorgan Chase missed profit estimates for the first time since late 2023, while Goldman Sachs beat by 30% and Morgan Stanley topped expectations. The gap came down to equities trading, which rose 72% at Goldman and 49% at JPMorgan. Treasury yields had their biggest quarterly rise since 2009, which cooled bond desks.

Updated Nov 1

Rule Changes

Raised dividend and announced new buyback after results

All 32 large banks passed the Federal Reserve's 2026 stress test on June 24, keeping capital above minimums even after $708 billion in projected losses. Their scores did not change how much capital they must hold.

Updated Oct 23

Money Moves

Championing public-private manufacturing capital

Ford wants to buy from smaller suppliers, JPMorgan wants to lend to them, and Michigan wants them building within its borders; on September 29, the three launched Michigan LIFT to make that happen.

Updated Oct 18

New Capabilities

As of June 2026: Anchoring Anthropic's launch as the largest US bank's chief

Four weeks after unveiling its Wall Street agents, Anthropic filed a confidential S-1 with the SEC on June 1, 2026, backed by a $65 billion funding round at a $965 billion valuation. JPMorgan Chase—the bank whose CEO Jamie Dimon co-headlined the May 5 product launch—is one of three lead underwriters.

Updated Jun 3

Money Moves

As of May 2026: Reported record Q1 2026 earnings of $5.94 per share; warned of 'increasingly complex set of risks'

The six largest American banks wrapped up first-quarter 2026 reporting with combined net income of $47.3 billion, with trading floors thriving on Iran war volatility even as the outlook darkened. JPMorgan earned $5.94 per share on $50.54 billion in revenue as fixed-income trading surged 21 percent to $7.08 billion, while Citigroup posted its best quarterly revenue in a decade at $24.63 billion. Bank of America earned $1.11 per share, its highest in nearly two decades. Morgan Stanley posted a record equities trading quarter of $5.15 billion and a 29 percent jump in profit. Goldman Sachs led the week with record equities trading revenue of $5.33 billion. The banks announced roughly 5,000 job cuts, using the profit windfall to trim headcount rather than expand.

Updated May 31

Built World

As of May 2026: Leading company's return-to-office mandate alongside headquarters opening

For 60 years, the Union Carbide Building stood at 270 Park Avenue—a 52-story modernist landmark designed by pioneering woman architect Natalie de Blois. JPMorgan Chase demolished it and built something nearly twice as tall: a 1,388-foot supertall skyscraper that runs entirely on hydroelectric power and houses 14,000 employees.

Updated May 27

Rule Changes

As of May 2026: Named personally in Trump's $5 billion lawsuit

Donald Trump banked with JPMorgan Chase for decades; after the January 6 Capitol attack, the bank gave him 60 days to move hundreds of millions of dollars. As sitting president, he's suing the bank and its CEO for $5 billion, alleging political discrimination.

Updated May 22

Money Moves

As of May 2026: Architect of the Security and Resiliency Initiative and chair of its advisory council

Berkshire Hathaway is executing a leadership transition as Warren Buffett hands the CEO role to Greg Abel on January 1, 2026. The transition includes a CFO succession plan, a new in-house general counsel, and a new GEICO CEO. JPMorgan Chase is launching a $1.5 trillion, decade-long Security and Resiliency Initiative (SRI) to finance and invest in U.S. critical industries.

Updated May 10