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...
...JPMorgan Chase, Bank of America, Citi and Wells Fargo together generated interest income for the final quarter of 2022 of almost $60bn, up 30 per cent from a year earlier....
...Data on Thursday from the Investment Company Institute showed money market funds, which can now yield upwards of 5 per cent for investors, took in $64.1bn for the week ending October 4, bringing the industry...
...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....
...JPMorgan Chase has made more than 30 acquisitions in 2021, putting America’s biggest bank by assets on track for its largest buying spree in years....
...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....
...Hedge fund allocations by US pension schemes rose from 1.5 per cent in 1998 to a peak of 8.4 per cent in 2014 before dipping to 6.6 per cent in 2017, according to CEM Benchmarking....
...And even with European public debt markets seized up, EQT was able to bring the auction process to an early end with the help of HPS Investment Partners, the private credit group spun out of JPMorgan Chase...
...This week analysts at JPMorgan Chase and Bank of America Merrill Lynch turned bullish on equities....
...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....
...Cameroon is to prioritise infrastructure projects from domestic and donor resources, and boost non-oil revenue through land taxes and ending exemptions....
...Jamie Dimon of JPMorgan Chase defeated proposals to strip him of one of the roles in the wake of the “London whale” trading fiasco....
...As much as $8.7bn of this could be at risk of a forced sale, JPMorgan Chase analysts predicted in August....
...At the World Economic Forum in Davos in January 2016, Jack dined with Leonardo DiCaprio, Kevin Spacey, and Bono, along with the CEOs of the CocaCola Company, DHL, and JPMorgan Chase....
...Analysts at JPMorgan Chase warned that coco markets had become a “conduit for channelling bank equity stress into the broader credit market”....
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