Hints and tips:
...The sanctions in effect froze all assets held by NSD on behalf of investors which were deposited with European banks, including the €720mn it held in a JPMorgan Chase account in Frankfurt....
...To compete better with Morgan Stanley and JPMorgan Chase, Goldman would benefit from having access to the cheap capital that more deposits provide....
...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...
...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....
...JPMorgan Chase reported a 57 per cent surge in investment banking fees while Goldman Sachs recorded its highest return on equity since 2009....
...Hedge funds were pulling their balances from Morgan Stanley at an alarming rate, funding markets seized up and the value of the bank’s trading assets plummeted....
...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....
...Climate protesters unmoved by JPMorgan’s sustainability pledges JPMorgan Chase used its annual investor meeting on Tuesday to announce that it was banning new lending to oil-and-gas development in the Arctic...
...The Aviva Investors’ fund recorded a loss of 7.58 per cent last year, while the JPMorgan fund, which has the same flexible approach as an absolute return fund but takes more risk, was down 1.34 per cent....
...By 2007 chief executive pay was 345.9 times that of the average worker, up from a ratio of 29.7 in 1978 — and labour’s share in the overall economic output in America (ie wages) had fallen steadily over...
...Mr Abouhossein of JPMorgan wrote in a report: “The majority of cost savings will have to come from infrastructure and back office staffing.”...
...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....
...The remaining $100bn is held in cash or equivalents. Mr Buffett also gave some insight into the move by Berkshire to strike a health insurance partnership with Amazon and JPMorgan Chase....
...The revelations have cost the San Francisco-based lender the title of most valuable US bank by market capitalisation, which it has since ceded to JPMorgan Chase....
...Jamie Dimon of JPMorgan Chase defeated proposals to strip him of one of the roles in the wake of the “London whale” trading fiasco....
...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....
...Mortgage servicers such as Ocwen, Nationstar and Walter Investment have been buying hundreds of billions of dollars worth of “mortgage servicing rights”, from big banks including JPMorgan Chase and Bank...
...(Wall Street Journal) “JPMorgan Chase is in talks to pay at least $800m to settle with securities and bank regulators over the $6bn “London whale” trading loss, but faces additional fines from US derivatives...
...This year, the heat on Goldman has reduced, in large part because it shifted to its competitors. JPMorgan Chase has been hurt by the $6bn “London Whale” trading loss....
...I interviewed Daley at his offices at JPMorgan Chase in Chicago....
...rejected a €10bn EU-led bailout that requires €5.8bn to be seized from Cypriot bank accounts....
...Regulator reviews JPMorgan’s disclosures: The US bank regulator overseeing JPMorgan Chase is reviewing whether the company provided bank examiners with adequate information on trading positions that have...
...Computer Sciences Corp soared 15.7 per cent to $32.47 after the IT outsourcing company wrote down losses from a UK government contract....
...Late positive news also included reports that almost $700m in funds missing from customer accounts at MF Global had been tracked down at JPMorgan Chase, which seized many of MF’s accounts as collateral when...
...In morning trading Mr Orlando allocated more funds to a US ETF tracking the German Dax index, and bought S&P 500 futures to profit from any rise in the benchmark index....
International Edition