Hints and tips:
...All 14 food stocks in the S&P 500 have underperformed the broader index by at least 8 percentage points....
...But they punch above their weight: as of 2022, Goldman estimated multi-managers account for 27 per cent of the total hedge fund industry’s holdings in US equities, up from 14 per cent since 2014....
...While its bank deposits declined, the size of Schwab’s money market funds increased 150 per cent to $358bn from $143bn in the first quarter of 2022, and is up almost 30 per cent from the end of last year...
...The next day, regulators stepped in and seized control of SVB....
...He also objects to Universa’s claim that, “an investor with 98 per cent in the S&P 500 and 2 per cent in Universa would have seen their money grow an average 11.8 per cent annually in the firm’s 15-year...
...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....
...China is facing a bleak ending to 2022; the opening from its “zero-Covid” policy will sadly claim many more lives yet and is overwhelming hospitals, as the pandemic did elsewhere in 2020-21....
...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....
...JPMorgan Chase, Goldman Sachs, Citigroup and Wells Fargo kicked off earnings season on Tuesday....
...Mr Abouhossein of JPMorgan wrote in a report: “The majority of cost savings will have to come from infrastructure and back office staffing.”...
...For the past four quarters it has lost its crown as Wall Street’s most profitable listed bank — a title that now belongs to JPMorgan Chase....
...In a filing on Thursday, JPMorgan Chase, the biggest US bank by assets, said that its board had approved a $1m raise for its long-serving chairman and chief executive, taking his total pay from $27m in 2015...
...back in oil prices (we see consumer price inflation averaging 1.8 per cent in 2019, down from 2.5 per cent in 2018)....
...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”....
...of $8 USD a month and a few supplemental items from what is left of the “libreta”, or ration book....
...banks – from JPMorgan Chase to Goldman Sachs – forcing them to hold at least $68bn in additional capital....
...JPMorgan settles with US watchdog for record $13bn JPMorgan Chase this week struck a $13bn deal with US authorities to resolve claims that it misled investors in mortgage-backed securities putting behind...
...The seven-day bond repurchase rate, a key gauge of short-term liquidity in China, opened at 5 per cent, a four-month high and up 150 basis points from the end of last week....
...(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) Funds set up for victims of Bernard Madoff should recover almost three-quarters of the Ponzi scheme’s $17.5bn losses after a new contribution from JPMorgan Chase of about $2.5bn — paid...
...(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...
...Currencies from Malaysia to Thailand declined and the Jakarta Composite fell 4.8%. The Nikkei fell 1.4% and the Hang Seng was down 1.5%....
...2014, down from its April estimate of 7.8 percent and 7.6 percent, respectively [and] expects the Chinese economy to expand by 7.5 percent this year, down from its April forecast of 8.3 percent and below...
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