Jamie Dimon

Money Moves

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 6 days ago

New Capabilities

Anchoring Anthropic's launch as the largest US bank's chief

Wall Street's pitch decks, earnings reviews, and ledger reconciliations have long been the domain of junior analysts working late nights inside Excel. On May 5, 2026, Anthropic unveiled ten artificial intelligence (AI) agents that do those same jobs—running on its Claude Opus 4.7 model, embedded directly inside Microsoft Excel, PowerPoint, and Word, and pulling live data on more than 600 million public and private companies from Moody's.

Updated May 5

Money Moves

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

The six largest American banks wrapped up their first-quarter 2026 reporting with combined net income of $47.3 billion, delivering a near-uniform message from Wall Street: trading floors thrived on the volatility unleashed by the Iran war and Strait of Hormuz closure, while the broader economic outlook grew cloudier. JPMorgan earned $5.94 per share on $50.54 billion in revenue as fixed-income trading surged 21 percent to $7.08 billion. Citigroup posted its best quarterly revenue in a decade at $24.63 billion. Bank of America earned $1.11 per share — its highest earnings per share in nearly two decades — while 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 results arrived even as the banks collectively announced roughly 5,000 job cuts, a sign that Wall Street is using the profit windfall to trim headcount rather than expand.

Updated Apr 19

Built World

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, houses 14,000 employees, and never burns a drop of fossil fuel.

Updated Feb 10

Rule Changes

Named personally in Trump's $5 billion lawsuit

Donald Trump banked with JPMorgan Chase for decades. Seven weeks after the January 6 Capitol attack, the bank gave him 60 days to move hundreds of millions of dollars elsewhere. Now, as a sitting president, Trump is suing America's largest bank and its CEO for $5 billion, alleging political discrimination.

Updated Jan 25