The percentage of companies where one person holds both posts has long been declining, but the topic remains controversial.
“These modernized principles reflect the business community’s unwavering commitment to continue to push for an economy that serves all Americans.”
Some experts say markets are in for a nightmarish ride; others believe the yield-curve inversion won't trigger an economic crisis, as past inversions have.
The bank "is preparing for a future in which parts of the essential underpinning of global capitalism ... move to the blockchain."
The bank's Q4 adjusted earnings beat analysts' estimates and it expects the tax cuts will boost profits "in 2018 and beyond."
The bank reports average core loans rose 8% in the third quarter, offsetting a 27% drop in fixed income trading revenue.
The 4.7% increase in net sales suggests the bank is weathering low interest rates and the U.K.'s Brexit vote.
An unlikely romance blossoms.
Much of the earnings miss reflects a 16% drop in revenue from trading, but improved efficiency drove rising profits for other divisions.
But the financial institution's plain-vanilla banking businesses saw declines in quarterly profit compared with a year ago.
The JPMorgan plan will monitor employees to see if they have the potential to violate banking or securities laws.
It never happened, of course. But AIG's former CEO Maurice Greenberg believes the federal government didn't have the authority to step in.
