The Tell: Jamie Dimon says JPMorgan is sitting on about $500 billion in cash, waiting to invest in higher rates


Banking giant JPMorgan is sitting on a near half-trillion-dollar stockpile of cash, waiting to invest in higher rates in the coming months, instead of buying Treasurys or other securities, Chief Executive Jamie Dimon said Monday at a virtual banking conference.

The Wall Street Journal: Banks and other employers nudge workers to get vaccinated and disclose their vaccine statuses

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