How Jamie Dimon Built Chase Into the U.S.’s Most Powerful Bank | WSJ
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YouTubeThe Wall Street Journal
How Jamie Dimon Built Chase Into the U.S.’s Most Powerful Bank | WSJ
Jamie Dimon, CEO of JPMorgan Chase, is among the most powerful names in the banking industry. How did he come to acquire banks like First Republic Bank, Bear Stearns and Washington Mutual? WSJ explains how Dimon’s risk management strategy, including his ‘fortress balance sheet,’ propelled him to the top of the largest U.S. bank, and how ...
1.8M viewsMay 29, 2023
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The Federal Reserve on Wednesday approved its second straight interest rate cut, a widely expected move that came despite little recent visibility on the economy due to the government shutdown. By a 10-2 vote, the central bank’s Federal Open Market Committee lowered its benchmark overnight borrowing rate to a range of 3.75%-4%. Read more: cnb.cx/4oH4tGz | CNBC
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The Federal Reserve on Wednesday approved its second straight interest rate cut, a widely expected move that came despite little recent visibility on the economy due to the government shutdown. By a 10-2 vote, the central bank’s Federal Open Market Committee lowered its benchmark overnight borrowing rate to a range of 3.75%-4%. Read more: cnb.cx/4oH4tGz | CNBC
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During a news conference, Federal Reserve Chair Jerome Powell noted that members of the rating-setting FOMC were far from unified about what the central bank’s next move should be. Find more: cnb.cx/4p3yb99 | CNBC
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