JPMorgan Chase

JPMorgan Chase Commits $15 Million to Expand Economic Growth in Detroit’s Neighborhoods

Retrieved on: 
Thursday, February 21, 2019

JPMorgan Chase has committed $15 million to support Detroits neighborhoods to help more Detroit residents benefit from the citys continued economic recovery.

Key Points: 
  • JPMorgan Chase has committed $15 million to support Detroits neighborhoods to help more Detroit residents benefit from the citys continued economic recovery.
  • As part of JPMorgan Chases $150 million, five-year commitment to Detroit, this new investment, which combines a $10 million, long-term, low-cost loan and $5 million in philanthropy, is expected to expand economic opportunity in these neighborhoods.
  • The announcement was made today at the Detroit School of Digital Technology in Southwest Detroit with senior JPMorgan Chase, community and government leaders.
  • JPMorgan Chase is combining its business and philanthropic expertise to address some of Detroits biggest economic challenges.

JPMorgan Chase & Co. Declares Quarterly Coupon on Alerian MLP Index ETN

Retrieved on: 
Wednesday, February 20, 2019

1) As defined in the Market-Making Supplement, dated April 5, 2018 for the Notes.

Key Points: 
  • 1) As defined in the Market-Making Supplement, dated April 5, 2018 for the Notes.
  • The Current Yield is not indicative of future coupon payments, if any, on the Notes.
  • The Notes are senior, unsecured obligations of JPMorgan Chase & Co.
    About JPMorgan Chase & Co.
    JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 trillion and operations worldwide.
  • JPMorgan Chase & Co. has filed a registration statement (including a prospectus) with the Securities and Exchange Commission, or SEC, for the offering to which this communication relates.

Arconic Announces $700 Million Accelerated Share Repurchase

Retrieved on: 
Tuesday, February 19, 2019

Arconic Inc. (NYSE:ARNC) today announced that it has entered into an accelerated share repurchase (ASR) agreement with JPMorgan Chase Bank, National Association, London Branch, to repurchase $700 million of Arconics common stock, pursuant to the share repurchase program previously authorized by the Board of Directors.

Key Points: 
  • Arconic Inc. (NYSE:ARNC) today announced that it has entered into an accelerated share repurchase (ASR) agreement with JPMorgan Chase Bank, National Association, London Branch, to repurchase $700 million of Arconics common stock, pursuant to the share repurchase program previously authorized by the Board of Directors.
  • Under the ASR agreement, Arconic will receive initial delivery of approximately 31.9 million shares on February 21, 2019.
  • After giving effect to the share repurchase under the ASR agreement, approximately $300 million remains available under the prior authorization by the Board of Directors for share repurchases through the end of 2020.
  • The statements in this release are made as of the date of this release, even if subsequently made available by Arconic on its website or otherwise.

JPMorgan Chase Declares Preferred Stock Dividend

Retrieved on: 
Friday, February 15, 2019

JPMorgan Chase & Co. (NYSE:JPM) (JPMorgan Chase or the Firm) declared a dividend on the outstanding shares of the Firms Series X preferred stock.

Key Points: 
  • JPMorgan Chase & Co. (NYSE:JPM) (JPMorgan Chase or the Firm) declared a dividend on the outstanding shares of the Firms Series X preferred stock.
  • JPMorgan Chase & Co. (NYSE:JPM) is a leading global financial services firm with assets of $2.6trillion and operations worldwide.
  • A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of customers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.
  • Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com .

Sterling Bancorp Declares Cash Dividend on Common Stock

Retrieved on: 
Monday, February 11, 2019

Sterling Bancorp, Inc. (NASDAQ: SBT), the holding company of Sterling Bank and Trust, F.S.B., announced the approval of a cash dividend by its Board of Directors.

Key Points: 
  • Sterling Bancorp, Inc. (NASDAQ: SBT), the holding company of Sterling Bank and Trust, F.S.B., announced the approval of a cash dividend by its Board of Directors.
  • The Board of Directors declared a cash dividend of $0.01 per common share, payable February 28, 2019 to shareholders of record at February 22, 2019.
  • Sterling Bancorp, Inc. is a unitary thrift holding company.
  • Sterling offers a broad range of loan products to the residential and commercial markets, as well as retail and business banking services.

JPMorgan Chase Expanding Economic Opportunity for Black Americans

Retrieved on: 
Monday, February 11, 2019

JPMorgan Chase today announced Advancing Black Pathways (ABP) to build on the firms existing efforts helping black Americans achieve economic success.

Key Points: 
  • JPMorgan Chase today announced Advancing Black Pathways (ABP) to build on the firms existing efforts helping black Americans achieve economic success.
  • We are expanding our existing commitment to help create economic opportunity for more black families, businesses, employees, and communities.
  • Im so proud to play a role in Advancing Black Pathways which will provide more opportunities for black Americans to build wealth.
  • Since 2016, JPMorgan Chase has increased the number of black Managing Directors by 41 percent and black Executive Directors by 53 percent.

JPMorgan Chase 2019 Investor Day

Retrieved on: 
Monday, February 4, 2019

JPMorgan Chase & Co. (NYSE: JPM) (JPMorgan Chase or the Firm) will host an Investor Day in New York City on Tuesday, February 26, 2019 at 8:00 a.m. (Eastern).

Key Points: 
  • JPMorgan Chase & Co. (NYSE: JPM) (JPMorgan Chase or the Firm) will host an Investor Day in New York City on Tuesday, February 26, 2019 at 8:00 a.m. (Eastern).
  • Presentation slides will be posted on the day of the event, at approximately 6:45 a.m. (Eastern), to www.jpmorganchase.com under Investor Relations, Events & Presentations.
  • JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6trillion and operations worldwide.
  • A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of customers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.

Quad/Graphics Amends Senior Credit Facility to Support Financing for Acquisition of LSC Communications

Retrieved on: 
Friday, February 1, 2019

Quad/Graphics expects to use the net proceeds from the DD-TLA and TLB to complete the pending acquisition of LSC Communications, Inc. (LSC).

Key Points: 
  • Quad/Graphics expects to use the net proceeds from the DD-TLA and TLB to complete the pending acquisition of LSC Communications, Inc. (LSC).
  • JPMorgan Chase Bank, N.A., U.S. Bank National Association, PNC Capital Markets LLC, Fifth Third Bank and BMO Capital Markets Corp. were the Lead Arrangers of the credit facilities.
  • In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements.
  • These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond the control of the Company.

JPMorgan Chase Announcement Concerning Preferred Stock

Retrieved on: 
Wednesday, January 30, 2019

JPMorgan Chase & Co. (NYSE: JPM) (JPMorgan Chase or the Firm) has made an announcement concerning its preferred stock.

Key Points: 
  • JPMorgan Chase & Co. (NYSE: JPM) (JPMorgan Chase or the Firm) has made an announcement concerning its preferred stock.
  • JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6trillion and operations worldwide.
  • A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of customers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.
  • Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com .

Union Bank Releases Fourth Quarter Earnings Today

Retrieved on: 
Wednesday, January 30, 2019

Union Bank (OTCQX: UBNC) reports earnings results for the quarter and twelve months ended December 31, 2018.

Key Points: 
  • Union Bank (OTCQX: UBNC) reports earnings results for the quarter and twelve months ended December 31, 2018.
  • Union Bank (the Bank) is pleased to report earnings results for the quarter and twelve months ended December 31, 2018.
  • The significant increase in earnings was related to the acquisition of Union Banc Corp. and its subsidiary Union Bank and Trust in July 2017.
  • The Bank experienced excellent loan growth late in the fourth quarter and the loan pipeline is solid as we enter into 2019.