JPMorgan Hunts for Private Credit Firm to Grow in Hot Sector
The company held talks to buy Chicago-based Monroe Capital this year, but the two firms ultimately decided not to pursue a deal.
Source: themiddlemarket.com
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Strong spending is obscuring an economy that isn't working for many Americans
Even after years of inflation, geopolitical chaos and recession in Europe, the US economy remains robust and resilient. But many middle class Americans are cutting spending.
Source: cnn.com
JPMorgan says every new hire will get training for AI, Telecom News, ET Telecom
JPMorgan: “This year, everyone coming in here will have prompt engineering training to get them ready for the AI of the future,” Mary Erdoes, who runs the asset- and wealth-management unit, said of her unit’s efforts at the firm’s investor day Monday.
Source: indiatimes.com
JPMorgan: All New Employees Will Receive AI Training
Banking giant JPMorgan Chase is reportedly providing all of its new hires with training in artificial intelligence (AI).
Source: pymnts.com
Cautiously pessimistic on economy, success plan underway: Jamie Dimon
JPMorgan Chase CEO Jamie Dimon told investors the bank's succession plans were underway, while warning investors on Monday about risks to the economic outlook.
Source: dealstreetasia.com