Bank of America’s Awful Handling of Payroll Protection Loans — My Case Study [Forbes]
JP Morgan Chase & Co. (JPM)
Last jp morgan chase & co. earnings: 4/14 06:43 am
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Source: Forbes
AFP via Getty ImagesThe Bank of America,my small company’ssuedreportedWhat stinks here is that they received priority treatment. How? By having, as the Washington Post reports, inside access to top officials at their banks who put them first in line when it came to processing their loan applications. To quote the Post,JP Morgan explained that larger companies may have been served more quickly because its commercial banking unit, which serves larger clients, was able to complete “most of the applications it received” while many more applications poured in from traditional small businesses.Today In:This is a beyond lame excuse. Jaime Diamond, the head of JP Morgan, could have assigned the commercial banking unit credit agents to work on the loans of small businesses. The bank chose to put its top clients ahead of those who really needed help because it wanted to keep them happy.JP Morgan (JPM) claims that 80 percent of the PPP loans it has processed have been made to small businesses wi
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News
- JPMorgan Chase & Co. (JPM): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- JPMorgan Announces Cash Distributions for the JPMorgan ETFsGlobeNewswire
- US Bank Regulators Ease Post-Crisis Curbs on Leveraged Loans [Yahoo! Finance Canada]Yahoo! Finance Canada
- European stocks close soft as global investors look ahead to Fed meeting [MSNBC.com]MSNBC.com
- JPMorgan's Phil Camporeale on 2026 market outlook [CNBC]CNBC
JPM
Earnings
- 10/14/25 - Beat
JPM
Sec Filings
- 12/5/25 - Form 424B2
- 12/5/25 - Form 424B2
- 12/5/25 - Form 424B2
- JPM's page on the SEC website