Jamie Dimon has mostly won over critics that claimed his bank J.P. Morgan Chase should be broken up. But he’s done it, in part, by pairing down. J.P. Morgan is still the biggest bank in the U.S., but since last year its assets have shrunk by $150 billion to $2.4 trillion. Among the big banks it has appears to have figured out how to navigate the post-financial crisis landscape the best. The bank says it believes its bottom line will reach $30 billion by 2019.
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Analyst calls this "completely untrue."
Their balance sheets are Washington-proof.
The first sign of a financial firm expanding significantly in Ireland in the wake of Brexit.
Police said 26 people were arrested after disrupting operations at 11 Chase banks.
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Stocks drop after phony accounts scandal