JPMorgan Chase & Co. - JPM STOCK NEWS

Chase has opened bank branches in all lower 48 states, marking a significant expansion milestone. The first branch in Billings, Montana, follows openings in several states earlier this year. The initiative is part of a plan to open 400 new branches by end of 2022, with 220 already launched. Approximately 30% of these branches will be in low-to-moderate income areas. Chase aims to hire 3,000 employees for these new locations. The expansion also grants Qualified Public Depository status, enabling the bank to serve essential community institutions.

JPMorgan Chase has launched the Advancing Black Pathways (ABP) Careers Series aimed at early- and mid-career Black professionals. Hosted by journalist Soledad O’Brien, this six-part series will stream on LinkedIn Live, showcasing various career paths within the firm. Topics include community banking, financial advisory, and technology roles, along with career navigation tips. The initiative reflects JPMorgan Chase's commitment to enhancing diverse representation in its workforce. The first episode airs today at 1 p.m. EST, focusing on financial advisory opportunities.

Chase and Air Canada are launching a partnership, allowing eligible Chase credit cardmembers to transfer Ultimate Rewards points to Aeroplan, enhancing travel rewards options. Starting now, cardmembers can transfer points at a 1:1 ratio, providing access to over 1,300 destinations globally. This addition brings the total to 14 loyalty programs available through Ultimate Rewards. Chase will also exclusively issue Air Canada’s Aeroplan U.S. credit card. Consumers can join a waitlist for early access to the card and earn bonus Aeroplan points upon approval.

JPMorgan Chase & Co. (NYSE: JPM) has filed its Quarterly Report on Form 10-Q for the quarter ended June 30, 2021. The report is accessible on the SEC's website and the Firm's Investor Relations page. As of June 30, 2021, JPMorgan Chase had $3.7 trillion in assets and $286.4 billion in stockholders’ equity. The firm is a leader in various financial services, catering to millions of customers globally, including prominent corporate, institutional, and government clients.

A recent study by Chase Merchant Services indicates that 71% of Canadians intend to take road trips within Canada this August. Many are eager to travel post-lockdown, with an average planned expenditure of CAD $3,356.00, and baby boomers projecting CAD $4,225.00. Key findings include 78% preferring quiet destinations and an average trip duration of 7.3 days. Air travel interest is set to spike in November, with 55% considering flights. Health safety concerns dominate traveler expectations, including mandatory masks and contactless services.

Chase has launched the Slate Edge credit card to assist customers in achieving their financial objectives. The card features an annual percentage rate (APR) that decreases with on-time payments, a 0% introductory APR for the first year, and no annual fee. Customers can earn a $100 statement credit by spending $500 in the first 6 months, and they are automatically considered for an APR reduction and credit line increase based on their payment history. This card responds to consumer demands for tools that improve financial health.

Chase Sapphire, in collaboration with The Infatuation, launches the Sapphire Supports Restaurants Contest, providing 20 grants of $50,000 to small restaurants in the U.S. to assist in their recovery from the COVID-19 pandemic. Consumers can nominate their favorite local establishments by sharing their significance and resilience during the pandemic. Contest entries are open until August 16, 2021, and winners will be chosen based on community impact and creativity. Eligible restaurants must have fewer than 50 employees and be operational as of March 1, 2020.

JPMorgan Chase & Co. (NYSE: JPM) has announced the declaration of dividends on its Series DD, EE, GG, JJ, KK, and LL preferred stock. As of June 30, 2021, JPMorgan Chase holds $3.7 trillion in assets and $286.4 billion in stockholders’ equity, establishing itself as a significant player in investment banking and financial services globally. These announcements can be found on their Investor Relations website. The firm continues to serve a wide array of clients, enhancing its position in the financial sector.