Hints and tips:
...JPMorgan Chase, the nation’s largest bank by assets, had the highest profit of any lender, earning $11.7bn in the quarter from activities including lending and payment processing, up from $6.4bn in the same...
...The investment bank’s Marcus saving accounts are still around despite the general unwind of Goldman’s retail thrust. They pay interest at an annual rate of 4.50 per cent....
...Campaign clips: the latest election headlines JPMorgan Chase chief Jamie Dimon had a one-on-one White House lunch with vice-president Kamala Harris last week, according to people familiar with the matter...
...Aside from the year ending May 2021 — when a bunch of pricier actively-managed ETFs were briefly red-hot (hello Cathie!)...
...The latest alarm bells come days after the Federal Deposit Insurance Corporation seized California lender First Republic and sold its deposits and assets to JPMorgan Chase....
...and sold to JPMorgan Chase....
...The next day, regulators stepped in and seized control of SVB....
...The day ahead Bank earnings Thanks to interest rate rises, analysts estimate JPMorgan Chase, Bank of America, Citigroup and Wells Fargo will report collective net interest income for the final three months...
...JPMorgan Chase, Citigroup and Bank of America are all contemplating cutting their investment banking bonus pools by 30 per cent, the Financial Times has previously reported....
...The market expects the Federal Funds rate to peak at 4.9 per cent in the first half of 2023 and then fall to 4.7 per cent in September and 4.4 per cent in December....
...“Man am I happy about it ending and, from a shareholder [point of view], ending well,” said one of Twitter’s largest shareholders....
...News clip 4 US authorities have seized control of Silicon Valley Bank . . . Michela Tindera And it is serious....
...Just two months ago, JPMorgan Chase analysts said some Chinese tech stocks were “uninvestable”....
...Its accounts for the financial year ending in March 2021, which finally emerged last month, showed ballooning losses and flat revenues....
...UK fintechs are coming of age, with Wise today announcing it will go public in London and Nutmeg being snapped up by JPMorgan Chase. The IPO journey for Wise has taken 10 years....
...The pricings for both share offerings value Ant at about $313bn, roughly on equal footing with Wall Street bank JPMorgan Chase....
...Those stories with happy endings are in the minority. JPMorgan Chase said it had “hundreds of thousands” of clients who were still hoping for PPP loans....
...Since then, UBS and JPMorgan Chase have increased existing stakes to 51 per cent....
...JPMorgan Chase, Goldman Sachs, Citigroup and Wells Fargo kicked off earnings season on Tuesday....
...Bank of America is expected to show a 37 per cent rise in pre-tax earnings year-on-year while JPMorgan Chase is predicted to be up 21 per cent on the same basis....
...BBVA has also upped its stake in the UK’s Atom Bank to 40 per cent from the 29.4 per cent it has held since November 2015....
...The FT’s Ben McLannahan and Anna Nicolaou report that Amazon is considering offering its users some kind of bank account via a possible partnership with JPMorgan Chase....
...Firms currently hold cash equal to 37 per cent of GDP on their balance sheets, up from 34 per cent since 2016....
...Cameroon is to prioritise infrastructure projects from domestic and donor resources, and boost non-oil revenue through land taxes and ending exemptions....
...The SEC awarded $111m to 34 whistleblowers in the five years to 2016, of which the largest payment was more than $30m. —————- 4....
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