Investment scams accounted for a third (33 per cent) of all money customers lost to scammers in 2023, up 23 per cent year-on-year, according to Barclays data1. Of all scam types, investment scams made up the greatest share of total claim values, with the volume of investment scams increasing by almost a third (29 per […]
NEW YORK – “Today we shared with our colleagues that we have concluded the major actions that we announced in September 2023 that align Citi’s structure with our simplified operating model: https://www.citigroup.com/global/news/press-release/2023/citi-aligns-organizational-structure-strategy-simplifies-operating-model While these decisions were not made easily, they have allowed us to strengthen how we run the bank and serve clients through enhanced […]
LOS ANGELES – March 5, 2024 – JPMorgan Chase has announced a significant partnership with the Academy Museum. Building on a storied legacy working with the film and entertainment industry, dating back nearly a century to the silent film era of the 1920s, the partnership makes JPMorgan Chase an Official Partner of the Academy Museum […]
New York, NY, January 24, 2024—J.P. Morgan Wealth Management’s Wealth Plan was named the #1 New Tool in StockBrokers.com’s 2024 Annual Awards, which recognize the best online brokerage and trading platforms. Wealth Plan is a free digital money coach that helps Chase customers, including those who invest on their own with J.P. Morgan Self-Directed Investing, […]
Washington, DC –Thursday, JPMorgan Chase, Greater Washington Partnership (“The Partnership”) and Education Strategy Group (ESG) announced an initiative to expand access to economic opportunity for students across Washington D.C., Maryland and Virginia to help meet the region’s growing demand for talent.rnrnWith the support of a $5.3 million philanthropic commitment from JPMorgan Chase, the Partnership and […]
WASHINGTON, DC – The Fannie Mae (FNMA/OTCQB) Home Purchase Sentiment Index® (HPSI) decreased by 2.4 points in September to 64.5, as elevated mortgage rates further dampened already-pessimistic consumer housing sentiment. Five of the HPSI’s six components decreased month over month, including the components measuring perceived homebuying and home-selling conditions. In September, 16% of consumers reported […]
As Prepared for Delivery Thank you. It’s great to be here in Las Vegas with all of you. I want to especially thank Lamar for your introduction and for your team’s hospitality. And I’m grateful to everyone from the IBEW and building trades unions for your very warm welcome. Many of you may not know […]
WASHINGTON, DC – Fannie Mae (FNMA/OTCQB) priced Connecticut Avenue Securities® (CAS) Series 2023-R06, an approximately $766 million note offering that represents Fannie Mae’s sixth CAS REMIC® transaction of the year. CAS is Fannie Mae’s benchmark issuance program designed to share credit risk on its single-family conventional guaranty book of business. “We are pleased with the […]
CHARLOTTE, NC – Bank of America released its 2023 Financial Life Benefits® Impact Report (PDF), revealing that the average 401(k) account balance among men is 50% greater than women’s overall ($89,000 vs. $59,000). However, this gender imbalance is closing among younger generations. Baby Boomer (ages 58-76) and Gen X (ages 43-57) men have significantly greater […]
WASHINGTON — Today, the U.S. Department of the Treasury announced the approval of $119.9 million in federal funds for broadband infrastructure projects in Montana and $68.3 million for multi-purpose community facility projects in North Dakota under the American Rescue Plan’s Capital Projects Fund (CPF), part of President Biden’s Investing in America Agenda. A key priority […]
