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JPMorgan Chase & Co. reportedly launched a $500 million leveraged loan and plans to sell $2.3 billion in high-yield bonds to support Flutter Entertainment's purchase of Playtech's Italian gambling business called Snaitech. Flutter Entertainment, owner of FanDuel, tapped a bridge facility for the deal, which closed in late April, Bloomberg reported Monday (May 19).

Mike Mayo, managing director and head of US large-cap bank research at Wells Fargo Securities, says JPMorgan could be the first trillion dollar market cap bank. It's our Call of the Day.

At age 49, Chase Coleman III is relatively young to be one of the wealthiest people on the planet. But his net worth of $6 billion landed him at No.

Dimon said the initial rollout was overly harsh but part of a calculated push to bring trading partners to the negotiating table.

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The Dow Jones Industrial Average is down 12% from its all-time high at the time of writing, as sweeping changes to U.S. trade policy usher in concerns regarding the economy's strength.

Amid broad-market pressure, bank giant JPMorgan Chase & Co (NYSE:JPM) has pulled back sharply from its Feb. 19 record high of $280.25.

JPMorgan Chase (JPM 0.96%) recently reported impressive financial results for the three-month period that ended March 31, corresponding to first-quarter 2025. The massive banking institution exceeded Wall Street expectations, posting revenue growth of 8% and diluted earnings-per-share growth of 14%.

JPMorgan Chase this week began suing more customers it has accused of stealing funds from the nation's largest bank in last year's so-called "infinite money glitch." The bank is now going after customers who allegedly stole amounts below $75,000, which means it is filing complaints in state courts, instead of the federal venues it chose last year.

One analyst believes JPMorgan Chase (JPM -0.73%) stock isn't the bargain it once was. He substantially lowered his price target on the "Big Four" U.S. bank last week, yet he remains bullish on its prospects.