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JPMorgan Cut Buybacks by 84%, Steering Capital Into New Loans

JPMorgan spent $1.06B on its own stock in the third quarter instead of $6.70B, and Jamie Dimon tied the cut to loan demand. At Goldman Sachs, revenue from financing hedge funds rose 96%, and both banks' capital ratios fell.

Read the PieceTuesday, October 136 Min Read4 Companies

Companies in This PieceSince The EventOct 27 Close

JPMJPMorgan Chase & Co+ 0.45%
GSGoldman Sachs Group Inc+ 1.99%
WFCWells Fargo & Company− 0.79%

+1 More Company

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September 2026

2 Pieces

Sept. 22 Close: Financials Fell, Nasdaq Rose

Allstate-5.40%
Schwab-4.86%
JPMorgan-2.85%

Tuesday, September 226 Min Read

Meta's Muse Agent Sank Schwab and Allstate 5% as Nasdaq Hit a Record

The prospect of Muse moving users' cash and switching their policies and memberships hit Schwab, Allstate, Planet Fitness, Expedia and Booking. What they share is revenue earned from customers who never look.

What Gets Covered: events still worth reading six months laterHow It Is Written: verified numbers, sources listedHow Often: not daily, only when something happens

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JPMorgan Cut Buybacks by 84%, Steering Capital Into New Loans

Earlier Pieces

September 2026

Meta's Muse Agent Sank Schwab and Allstate 5% as Nasdaq Hit a Record

JPMorgan Cut Buybacks by 84%, Steering Capital Into New Loans

Earlier Pieces

September 2026

Meta's Muse Agent Sank Schwab and Allstate 5% as Nasdaq Hit a Record

Bank of America Sees Q3 Banking Fees Falling; JPMorgan Sees a Rise

August 2026

Jane Street Lost $15 Billion in a Month, Its First Loss in a Decade