JPMorgan Chase & Co. - JPM STOCK NEWS

JPMorgan Chase has declared dividends for its Series I, R, S, FF, and HH preferred stock. The firm reported $4.0 trillion in assets and $285.9 billion in stockholders’ equity as of March 31, 2022. JPMorgan Chase is a prominent financial services provider with significant operations in investment banking, commercial banking, and asset management. For more details, visit their Investor Relations website.

Chase Freedom announces new rotating quarterly categories for Q3 2022, allowing cardmembers to earn 5% cash back on up to $1,500 in combined purchases from July 1 to September 30. The categories include gas stations, car rental agencies, movie theaters, and select live entertainment. Additionally, new cardmembers can earn a $200 sign-up bonus and 5% cashback on gas purchases in their first year. Chase Freedom highlights its commitment to enhancing cardmember rewards amid rising gas prices and promotes various cash back opportunities through its Freedom and Freedom Flex cards.

JPMorgan Chase and Bunker Labs have opened applications for the 2022-2023 CEOcircle program, aimed at military-connected businesses with revenues of $1 million or more. The 13-month program, starting in November, will include mentoring, networking, and in-person sessions for 80 selected companies. Eligibility requires leadership by a military veteran or spouse and demonstrated high growth potential. Last year's cohort comprised 41 businesses with revenues ranging from $1.5 million to $105 million.

J.P. Morgan Asset Management announced a $25 million commitment to enhance funding for veteran-owned venture capital firms through its Project Spark initiative. This initiative aims to close the funding gap for underrepresented managers, particularly those who are military veterans. The investment will be overseen by a diverse committee and support funds across various sectors, promoting both capital access and networking for veterans in the alternatives industry. J.P. Morgan's broader commitment to veterans includes partnerships and programs aimed at fostering entrepreneurship among military veterans.

J.P. Morgan Asset Management announced the appointment of Carissa Biggie as Managing Director and Global Head of Broker Relationship Management. Based in New York, she will report to Kristian West. With extensive experience from Prudential Financial and Goldman Sachs, Ms. Biggie will optimize broker relationships across asset classes to enhance investment management capabilities. This move aligns with J.P. Morgan's focus on maximizing returns for clients, leveraging its strengths in various financial services, including asset management and investment banking.

J.P. Morgan has launched its 23rd Annual Summer Reading List, inviting global readers to explore diverse narratives and culture. This year marks the inaugural integration into the metaverse with a virtual library in Decentraland's Onyx lounge, created with Everyrealm. Visitors can engage with curated books and exclusive author interviews. The list features titles like CEO Excellence, Race for Tomorrow, and Being Present, reflecting themes of leadership, climate, and mindfulness. J.P. Morgan, with $4.0 trillion in assets as of March 31, 2022, continues to serve a wide range of clients.

J.P. Morgan Asset Management has appointed Arezu Moghadam as Managing Director and Global Head of Data Science, effective May 23, 2022. Based in New York, she will lead the development of AI and machine learning strategies aimed at enhancing data-driven investment decisions, client engagement, and operational efficiency. Moghadam joins from Point 72, where she was Head of Quantitative Analytics, and brings significant expertise with prior roles at Stone Ridge, Oppenheimer Funds, and Goldman Sachs. J.P. Morgan Asset Management manages $2.6 trillion in assets.