Amazon.com Inc., Buffetts Berkshire Hathaway Inc. and JPMorgan Chase & Co. say they plan to collaborate on a way to offer health-care services to their U.S. employees more transparently and at a lower cost.
The Department of Labors fiduciary rule, which requires advisers handling retirement accounts to charge reasonable fees and commit to giving advice in a clients best interest, may be killed under Trump, but that's not stopping industry from complying.
Goldman Sachs is pushing back against the Trump administration immigration ban. It's significant because the administration is stocked with Goldman Sachs veterans.
JPMorgan Chase & Co. is eliminating voice mail for consumer-bank employees as part of a push by the biggest U.S. lender to trim $2 billion in annual expenses.
The bank's settlement, which includes $9.65 billion in cash and $7 billion in consumer relief, resolves civil investigations by government prosecutors.
A former Bank of America Corp. and Citigroup Inc. executive says women havent climbed Wall Streets corporate ranks after the 2008 credit crunch because men tend to hire people like themselves when facing a crisis.
While board members boosted Dimons pay from 2012, they kept it below levels from prior years after JPMorgan was beset by regulatory and criminal probes, agreeing to more than $23 billion in settlements in 2013.
DebugScreen: mobile
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"articles": [
{
"uri": "/2018/01/30/amazon-berkshire-jpmorgan-team-up-on-health-care/",
"title": "Amazon, Berkshire, JPMorgan team up on health care",
"byline": "Zachary Tracer, Hugh Son",
"kicker": "",
"prettyDate": "January 30, 2018",
"timeToRead": "5 minute",
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"authors": [
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"webUrl": "/author/profile/zachary-tracer-hugh-son/",
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"summary": "Amazon.com Inc., Buffetts Berkshire Hathaway Inc. and JPMorgan Chase & Co. say they plan to collaborate on a way to offer health-care services to their U.S. employees more transparently and at a lower cost.",
"body": null
},
{
"uri": "/2017/10/18/upbeat-bankers-privately-fret-about-automation-gut/",
"title": "Upbeat bankers privately fret about automation gutting their staffs",
"byline": " Sarah Ponczek, Hugh Son, Saijel Kishan, Bloomberg ",
"kicker": "",
"prettyDate": "October 18, 2017",
"timeToRead": "5 minute",
"image": {
"uri": "",
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"authors": [
{
"webUrl": "/author/profile/sarah-ponczek-hugh-son-saijel-kishan-bloomberg/",
"name": "Sarah Ponczek, Hugh Son, Saijel Kishan, Bloomberg"
}
],
"kickerNode": [],
"summary": "Executives tend to downplay any negative effects of AI and automation on their employees -- but what they say in private is different.",
"body": null
},
{
"uri": "/2017/02/01/bofas-merrill-to-tell-clients-how-theyre-paying-th/",
"title": "BofA’s Merrill to tell clients how they’re paying their brokers",
"byline": "Laura J. Keller, Hugh Son",
"kicker": "",
"prettyDate": "February 01, 2017",
"timeToRead": "2 minute",
"image": {
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},
"authors": [
{
"webUrl": "/author/profile/laura-j-keller-hugh-son/",
"name": "Laura J. Keller, Hugh Son"
}
],
"kickerNode": [],
"summary": "The Department of Labors fiduciary rule, which requires advisers handling retirement accounts to charge reasonable fees and commit to giving advice in a clients best interest, may be killed under Trump, but that's not stopping industry from complying.",
"body": null
},
{
"uri": "/2017/01/30/goldman-sachs-breaks-with-government-sachs-on-immi/",
"title": "Goldman Sachs breaks with Government Sachs on immigrant ban",
"byline": " Dakin Campbell, Hugh Son ",
"kicker": "",
"prettyDate": "January 30, 2017",
"timeToRead": "5 minute",
"image": {
"uri": "",
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},
"authors": [
{
"webUrl": "/author/profile/dakin-campbell-hugh-son/",
"name": "Dakin Campbell, Hugh Son"
}
],
"kickerNode": [],
"summary": "Goldman Sachs is pushing back against the Trump administration immigration ban. It's significant because the administration is stocked with Goldman Sachs veterans.",
"body": null
},
{
"uri": "/2016/06/08/weve-hit-peak-human-and-an-algorithm-wants-your-jo/",
"title": "We’ve hit peak human and an algorithm wants your job",
"byline": " Hugh Son ",
"kicker": "",
"prettyDate": "June 08, 2016",
"timeToRead": "7 minute",
"image": {
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},
"authors": [
{
"webUrl": "/author/profile/hugh-son/",
"name": "Hugh Son"
}
],
"kickerNode": [],
"summary": "Forget robo-advisors -- will aspiring financial professionals need to learn computer programming?",
"body": null
},
{
"uri": "/2015/06/02/jpmorgan-disconnects-voice-mail/",
"title": "JPMorgan disconnects voice mail",
"byline": "Hugh Son",
"kicker": "",
"prettyDate": "June 02, 2015",
"timeToRead": "1 minute",
"image": {
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},
"authors": [
{
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"kickerNode": [],
"summary": "JPMorgan Chase & Co. is eliminating voice mail for consumer-bank employees as part of a push by the biggest U.S. lender to trim $2 billion in annual expenses.",
"body": null
},
{
"uri": "/2014/08/21/bofa-to-pay-16-7-billion-to-end-mortgage-probes/",
"title": "BofA to pay $16.7 billion to end mortgage probes",
"byline": " Tom Schoenberg, Hugh Son, Bloomberg, and David McLaughlin ",
"kicker": "",
"prettyDate": "August 21, 2014",
"timeToRead": "5 minute",
"image": {
"uri": "",
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},
"authors": [
{
"webUrl": "/author/profile/tom-schoenberg-hugh-son-bloomberg/",
"name": "Tom Schoenberg, Hugh Son, Bloomberg,"
},
{
"webUrl": "/author/profile/david-mclaughlin/",
"name": "David McLaughlin"
}
],
"kickerNode": [],
"summary": "The bank's settlement, which includes $9.65 billion in cash and $7 billion in consumer relief, resolves civil investigations by government prosecutors.",
"body": null
},
{
"uri": "/2014/02/12/women-on-wall-street-have-gone-backwards/",
"title": "Women on Wall Street have ‘gone backwards’",
"byline": "Hugh Son, Bloomberg",
"kicker": "",
"prettyDate": "February 12, 2014",
"timeToRead": "2 minute",
"image": {
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},
"authors": [
{
"webUrl": "/author/profile/hugh-son-bloomberg/",
"name": "Hugh Son, Bloomberg"
}
],
"kickerNode": [],
"summary": "A former Bank of America Corp. and Citigroup Inc. executive says women havent climbed Wall Streets corporate ranks after the 2008 credit crunch because men tend to hire people like themselves when facing a crisis.",
"body": null
},
{
"uri": "/2014/01/24/jpmorgan-ceo-nets-huge-pay-raise/",
"title": "JPMorgan CEO nets huge pay raise",
"byline": "Michael J. Moore, Bloomberg, Hugh Son, Bloomberg",
"kicker": "",
"prettyDate": "January 24, 2014",
"timeToRead": "3 minute",
"image": {
"uri": "",
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"authors": [
{
"webUrl": "/author/profile/michael-j-moore-bloomberg-hugh-son-bloomberg/",
"name": "Michael J. Moore, Bloomberg, Hugh Son, Bloomberg"
}
],
"kickerNode": [],
"summary": "While board members boosted Dimons pay from 2012, they kept it below levels from prior years after JPMorgan was beset by regulatory and criminal probes, agreeing to more than $23 billion in settlements in 2013.",
"body": null
}
]
}
}
