Dimon Tells Investors to 'Trust Me' on JPMorgan's Costs
By Hannah LevittThe bank faces higher expenses tied to incentive compensation for advisors and investments in AI.
January 13, 2026
Retail Channel Market Share Nears Parity With Institutional: CerulliWirehouses are managing $6.1 trillion in retail assets while independent RIAs manage $3.5 trillion, research finds.
January 13, 2026
Average Social Security Checks Top $2,000: ReportThe monthly milestone is reached after a 2026 cost-of-living adjustment of 2.8%.
January 13, 2026
Trump Seems Uncertain About Senate ACA Subsidy Extension BillHe told a reporter he "might" veto an extension bill.
January 13, 2026
Citi to Cut About 1,000 Jobs This WeekThe bank is culling its ranks as part of a plan announced two years ago to eliminate 20,000 jobs.
January 13, 2026
BlackRock Cuts Hundreds of Jobs, Trimming About 1% of StaffThe layoffs come as CEO Larry Fink reworks the world’s largest asset manager and pushes deeper into alternative investments.
January 13, 2026
UBS CEO Ermotti to Step Down in April 2027: Financial TimesWealth management co-heads Iqbal Khan and Robert Karofsky are among the executives who could succeed him.
January 13, 2026
Creative Planning Scoops Up Swiss Wealth FirmThe deal is the mega-RIA's first international acquisition.