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....
...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....
...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....
...Analysts at JPMorgan Chase warned that coco markets had become a “conduit for channelling bank equity stress into the broader credit market”....
...(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...
...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...
...(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%....
...Mae and $470 million to Freddie Mac to resolve claims related to securities sold to the companies between 2004 and 2007. ” (Reuters) Meanwhile Bank of America, JPMorgan Chase and RBS are being pressed for...
...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....
...Bank of America climbed 2.9 per cent over the week to top $8 for the first time since September. Shares ended the week at $8.07. But JPMorgan fell 1.8 per cent to $37.61....
...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...
...Genworth Financial was the biggest faller in the S&P 500, down 8.2 per cent to $5.75. The US insurer sells a consumer debt insurance product in the eurozone....
...Under FSA rules, banks, brokers and insurance companies are required to ringfence client money and keep it in separate accounts with trust status....
...Diverging trends have emerged between gold exchange-traded funds and speculative positioning in the futures market....
...“Any enthusiasm for a near-term recovery in exports should be tempered,” wrote Jing Ulrich, chairman of China equities at JPMorgan, in a report....
...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....
...In Hong Kong, HSBC surged 5.2 per cent to HK$127.00 while ICBC jumped 8.6 per cent to HK$5.20 and China Construction Bank soared 9 per cent to HK$5.58. Japan’s banking stocks were broadly lower....
...… So, to cut to the chase: how much money does the Church of England make? The figures are elusive since the Church does not file any centralised accounts....
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