Items Tagged with 'JPMorgan Chase'

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  • JPMorgan Chase to add 90 branches this year

    Bank is looking to add as many as 700 employees
    A new report from The Wall Street Journal says that JPMorgan Chase is expecting to open 90 branches by the end of this year. The bank is looking to add as many as 700 employees and open locations in cities such as Charlotte, Minneapolis and Nashville as part of its larger plan to enter new markets.
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  • JPMorgan Chase chief economist bets against 2020 recession

    "The economy is slowing, but it is not going to go into a recession"
    Anthony Chan, chief economist at JPMorgan Chase, is confidently forecasting 2% economic growth in the year ahead and shooting down fears of a looming recession. Speaking before a packed room at Chicago Agent Magazine's Accelerate Summit at the Chicago Merchandise Mart on Tuesday, Chan predicted the U.S. economy will grow in 2019, just not as rapidly as it did last year.
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  • Chase guarantees it will close a mortgage in 21 days or it’ll give you $1,000

    Rolls out new loan closing guarantee program for customers
    Chase Home Lending now claims it can close on a borrower’s mortgage in as little as three weeks and it’s putting its money where its mouth is to back up that claim. Chase announced recently that it is rolling out a program called “Closing Guarantee” for its existing customers. Through the program, the bank promises to close a mortgage in 21 days, and if the bank doesn’t close on the loan in the timeframe, it will pay the borrower $1,000.
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  • JPMorgan Chase to build Silicon Valley-based fintech campus

    Big bank is betting on tech growth
    JPMorgan Chase announced it is building a Silicon Valley-based fintech campus to house 1,000 of its employees as the bank looks to keep ahead of the changing landscape of digital payments. According to reporting from Reuters, the campus will open in 2020 and will be located in Palo Alto, California, at Stanford Research Park, on a plot of land that formerly housed Lockheed Martin.
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  • BMO Harris confirms face-to-face mortgage employee layoffs

    The bank is consolidating behind a call-center strategy, could eliminate 170 jobs
    BMO Harris recently confirmed that it is indeed cutting back its face-to-face mortgage operations with a round of layoffs. According to The Chicago Tribune, the company still won’t put a number on the amount of jobs it will eliminate but the Milwaukee Journal Sentinel said it could be 170 jobs based on an internal document it reviewed when the news of the cuts first broke.
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  • Bernie Sanders wants to break up the nation’s biggest banks (again)

    Sanders repeats campaign call to break up big banks
    Back when he was a presidential candidate, Sen. Bernie Sanders, I-VT, called for sweeping reforms to the nation’s financial system, including breaking up the big banks. And now, he's at it again. On Wednesday, Sanders announced that he is introducing the “Too Big to Fail, Too Big to Exist Act,” which would break up JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs, and Morgan Stanley.
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  • JPMorgan Chase planning expansion in Philadelphia area

    Plans to add 50 new branches in Delaware Valley region
    JPMorgan Chase is plotting an expansion of its business in the Philadelphia and Delaware Valley area, which includes Philadelphia, the state of Delaware and the southern part of New Jersey. Chase announced Monday that over the next five years, the bank will open up approximately 50 new branch locations and add 300 new employees in the Delaware Valley region.
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  • Keller Williams integrates new AI tech from CognitiveScale

    Keller Williams is putting increased effort into its AI R&D efforts to improve agent experience
    Keller Williams is continuing to add new technologies to help its real estate agents succeed, announcing recently that it is teaming up with CognitiveScale to bolster KW's artificial intelligence infrastructure.
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