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...
...through access to additional liquidity from the Federal Reserve Bank and JPMorgan Chase & Co....
...The next day, regulators stepped in and seized control of SVB....
...fund is taken into account....
...Obituary Julian Robertson, one of the most influential hedge fund managers ever, has died aged 90....
...Private equity firm Clayton, Dubilier & Rice has hired Gordon Smith, former co-president and chief operating officer of JPMorgan Chase, as an operating adviser....
...JPMorgan Chase shareholders have voted against the bank’s executive pay plan, delivering a stinging rebuke to chief executive Jamie Dimon and his management team....
...Seized by the idea that Mr Dimon might now make a tilt for Invesco instead, investors sent Invesco shares up 6.5 per cent on one day last week....
...Activist investor Harrington Investments, as we reported last month, filed a similar resolution at Bank of America and intends to file one next year with JPMorgan Chase....
...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....
...The January 2020 Fed funds futures contract implies an overnight rate of around 1.70 per cent by the end of the year versus the current mid-rate of 2.375 per cent....
...Instead, he believes it will mostly be new funds that adopt the JPMorgan index....
...In 2014, JPMorgan Chase, one of the world’s biggest banks, was hacked, compromising the data of 76 million households and seven million small businesses....
...The rise in the stock market was one of the main reasons the group returned almost $42bn to investors in its funds over the past 12 months....
...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...
...(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...
...banks – from JPMorgan Chase to Goldman Sachs – forcing them to hold at least $68bn in additional capital....
...Net income at the group rose 31 per cent to €759m on revenues up 6 per cent to €26.3bn. Commercial aircraft operations now account for 70 per cent of sales....
...rejected a €10bn EU-led bailout that requires €5.8bn to be seized from Cypriot bank accounts....
...Instead, within weeks he had seized control, controversially spending more than €160m of bank funds to persuade Central Hispano executives José Amusátegui and Angel Corcóstegui to go quietly....
...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...
...A flurry of positive economic data edged US stocks into positive territory on Tuesday, before traders seized on good news from Europe to give the rally momentum during the afternoon....
...Citigroup fell 4.7 per cent to $24.82, JPMorgan fell 3.7 per cent to $30.70, Morgan Stanley fell 5.5 per cent to $14.16 and Goldman Sachs was off 2.7 per cent to $87.70....
...“Tablets … are a delaying factor in notebook purchasing decisions in developed markets,” said analysts at JPMorgan Chase. Verizon , which provides WiFi to tablets, fell 1.5 per cent to $35.85....
...“This is incredibly important as consumer spending accounts for about 70 per cent of US economic activity.”...
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