Tag: JPMorgan Chase

Massive Wall Street Layoffs Imminent As Banking Profits Plummet

Massive Wall Street Layoffs Of Junior Bankers Is Imminent As Banking Giants See Profits Plummet Wall Street spent the past year acting like the financial bulimics they are. They spent the past year binging on bankers and now they are leaning over the world toilet ready to puke it all out. Junior bankers are predicting…

By Musashi
2 min read

Mortgage Originations Continue To Free Fall At JPMorgan Chase

JP Morgan Chase Executives Panic As Mortgage Originations Continue to Free Fall JPMorgan Chase leaders continue to panic as mortgage originations continue their free fall.   It’s not pretty for JPMorgan Chase as mortgage originations continue to free fall. This is after the bank laid off hundreds of mortgage employees. Chase reported double digit declines in…

By Musashi
2 min read

JPMorgan Chase Fired Hundreds Of Mortgage Employees

JPMorgan Chase Fired Hundreds Of Mortgage Employees As Interest Rates Skyrocket And Demand Drops JPMorgan Chase fired hundreds employees from its mortgage lending business this week. The company says rising interest rates and a looming recession have lowered demand. JPMorgan Chase did not confirm how many employees were let go or moved to different divisions….

By Musashi
2 min read