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TRENDING TAGS
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- Sarah ten Siethoff is New Associate Director of SEC Investment Management Rulemaking Office
- Catherine Keating Appointed CEO of BNY Mellon Wealth Management
- Credit Suisse to Pay $47Mn to Resolve DOJ Asia Probe
- SEC Chair Clayton Goes 'Hat in Hand' Before Congress on 2019 Budget Request
- SEC's Opening Remarks to the Elder Justice Coordinating Council
- Massachusetts Jury Convicts CA Attorney of Securities Fraud
- Deutsche Bank Says 3 Senior Investment Bankers to Leave Firm
- World’s Biggest Hedge Fund Reportedly ‘Bearish On Financial Assets’
- SEC Fines Constant Contact, Popular Email Marketer, for Overstating Subscriber Numbers
- SocGen Agrees to Pay $1.3 Billion to End Libya, Libor Probes
- Cryptocurrency Exchange Bitfinex Briefly Halts Trading After Cyber Attack
- SEC Names Valerie Szczepanik Senior Advisor for Digital Assets and Innovation
- SEC Modernizes Delivery of Fund Reports, Seeks Public Feedback on Improving Fund Disclosure
- NYSE Says SEC Plan to Limit Exchange Rebates Would Hurt Investors
- Deutsche Bank faces another challenge with Fed stress test
- Former JPMorgan Broker Files racial discrimination suit against company
- $3.3Mn Winning Bid for Lunch with Warren Buffett
- Julie Erhardt is SEC's New Acting Chief Risk Officer
- Chyhe Becker is SEC's New Acting Chief Economist, Acting Director of Economic and Risk Analysis Division
- Getting a Handle on Virtual Currencies - FINRA
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JPMorgan, Jamie Dimon Stand Tall During Government Shutdown
[Photo: JPMorgan Tower in Dallas, TX / Joe Mabel / wikicommons]
Giving 'credit' where credit is due!
CEO Jamie Dimon advised JPMorgan employees that the bank was taking an active role in accommodating those Americans affected by the government shutdown, now in its 35th day. Mr. Dimon also called for an immediate end to the shutdown.
For starters, JPMorgan Chase is giving $1 million to Feeding America and United Way Worldwide and asked employees, among other things, to make donations to the same organizations (which the bank will match) - as reported by CNBC. Mr. Dimon further noted that JPMorgan would accommodate customers on their financial obligations to the bank - car loans, mortgages, credit card debts, small business loans and bank overdrafts.
[Click link below to read the email from Jamie Dimon.]
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