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....
...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....
...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....
...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...
...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....
...Monzo’s losses more than quadrupled in its first full year to February 2018, despite fast growth in customer accounts....
...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....
...JPMorgan Chase is due to publish its response to the proposal in a proxy statement in the next few days. Travelers also urged shareholders to reject the proposal for the publication of a report....
...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....
...(Financial Times) JPMorgan Chase is closing the accounts of current and former foreign government officials because of increased compliance costs, sparking an angry reaction to its drive to avoid penalties...
...(Financial Times) JPMorgan to pay $1.7bn to settle Madoff case: JPMorgan Chase bankers had concerns about Bernard Madoff for more than a decade but failed to inform US authorities, according to a damning...
...(Financial Times) Banks including JPMorgan Chase are considering banning traders from electronic chat rooms in the wake of the international foreign exchange investigation, according to people familiar...
...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....
...Glenn Dubin, Paul Tudor Jones and a group of commodity market luminaries will buy the business from Louis Dreyfus and Highbridge Capital, the hedge fund owned by JPMorgan Chase....
...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...
...US-listed shares in BP fell 3.1 per cent to $28.74 as the company resumed collecting oil from the Gulf spill, ending a temporary setback when a cap placed on the well was damaged....
...Since November, retail investors have withdrawn more than $26bn from mutual funds that invest in munis, or about 7 per cent of assets, in the biggest selling rout ever....
...Its B shares gained 5.1 per cent to $78.23....
...Investors would write cheques or sometimes wire their money directly into his JPMorgan Chase (previously Chase Manhattan) bank account, number 140081703....
...Ending this vicious cycle is critical to preventing the economic recession that we think is already under way from turning into something more severe.” By late spring, fear appeared to be subsiding....
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