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...
...Despite most markets chundering last year, the overall assets in ETFs globally has continued to climb: hitting $10.1tn at the end of May, up from $9.6tn a year ago....
...The next day, regulators stepped in and seized control of SVB....
...“Everyone has a choice: some want to live out their days in a seized mansion with their frozen accounts . . . but it’s time to realise that these people have and will always be second-class outsiders in...
...as Morgan Stanley and JPMorgan Chase....
...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....
...Job moves JPMorgan Chase has named J&J former chief executive Alex Gorsky as director to its board....
...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...
...We think the unemployment rate will rise from 4.9 per cent to a peak of 7.0 per cent in mid-2021. Clearly that’s not great....
...- Average basket size +0.3% at £110.24. -Reiterated guidance for Retail Revenue growth in FY20 of +10-15% - vs GSe +9.6%....
...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....
...In Sydney the benchmark S&P/ASX 200 index was up 0.7 per cent, while energy stocks sank 0.9 per cent....
...Savers in New York with $1,000 will get 0.03 per cent in interest from Bank of America and 0.01 per cent from Chase and Citibank, according to Bankrate.com....
...Jamie Dimon of JPMorgan Chase defeated proposals to strip him of one of the roles in the wake of the “London whale” trading fiasco....
...The Financial Conduct Authority is in negotiations with banks including Barclays, Citigroup, JPMorgan Chase & Co. and UBS, said the people, who asked not to be identified because the discussions are private...
...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...
...(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...
...(Financial Times) JPMorgan agrees to shoulder WaMu bill: “JPMorgan Chase has conceded it will take responsibility for the past misdeeds of Washington Mutual, according to people familiar with the matter...
...Federal Reserve was pressing JPMorgan Chase to distance itself from its metals warehousing business more than a year ago… A series of letters between JPMorgan’s lawyers and the Fed, released to Reuters through...
...Period,” the JPMorgan chief executive said at an industry conference on Tuesday. ” (Financial Times) Apple bonds lose 9% in six weeks: “Investors are nursing losses of up to 9 per cent on Apple’s record-breaking...
...(Financial Times) - Former analyst’s account of how Moody’s changed in the mid-2000s. (Guardian) - Adopting out children and fearing the future in austerity Greece....
...rejected a €10bn EU-led bailout that requires €5.8bn to be seized from Cypriot bank accounts....
International Edition