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...JPMorgan Chase spent about a year discussing a possible deal with Discover Financial before Capital One agreed a $35bn bid for the credit card company, as the largest US bank pursued ways to get control...
...Since its founding in 2000, Viva has grown to become one of the biggest fintechs in southern Europe, offering payment services in 24 countries....
...A Russian court has ordered the seizure of JPMorgan Chase funds totalling $439.5mn a week after Kremlin-run lender VTB launched legal action against the largest US bank to recoup money stuck under Washington...
...This may be one of those set-ups.”...
...Listening to a recent FT Behind the Money podcast about JPMorgan Chase, however, made me wonder if banks might not be the most interesting and perhaps even the most extreme example of that dynamic....
...Banks complain that local, politically driven measures are not assessed in terms of their competitive effects. One illustration is how the market perceives Europe’s banks: not well....
...Chase cardholders will see offers when they log on to their app and can choose to activate the ones they like. Advertisers will not have direct access to Chase customer data....
...But the bank’s guidance for net interest income disappointed investors, and its shares closed down 6.5 per cent, their biggest one-day drop since June 2020....
...JPMorgan Chase, Bank of America, Wells Fargo and Citigroup collectively made $253bn in net interest income (NII) for the whole of 2023 — a 19 per cent jump from 2022’s total....
...But banks led by JPMorgan Chase lobbied hard to underwrite a financing over the past four months....
...A Russian court has ordered the seizure of JPMorgan Chase funds totalling $439.5mn after state-owned lender VTB filed a lawsuit to “recover losses” from the largest US bank....
...Revenue from the bank’s huge bond and commodities trading unit, one of its biggest money generators, fell 10 per cent in the quarter....
...Shares in JPMorgan Chase — the biggest bank in the US by assets — fell 3.7 per cent after its latest earnings underwhelmed investors, even as profits surpassed analysts’ forecasts....
...The 12 large cap banks followed by Morgan Stanley analysts, including PNC, JPMorgan Chase, Bank of America and Wells Fargo, now have more than $180bn of excess common equity tier one capital — a record high...
...Despite being the number six US bank by size, it only has a sixth of JPMs assets. It is still basically a regional bank, albeit a big one....
...Other top banks Citigroup, JPMorgan Chase and Wells Fargo also recorded drops in lending in the first three months of the year as they revealed results late last week....
...Thuy is one of thousands of Vietnamese people who have lost money they put in SCB....
...Over the past two years, big banks such as JPMorgan Chase, Bank of America, Citigroup and Wells Fargo charged more for loans in lockstep with the Fed lifting interest rates, without passing on the increase...
...He also gets the title of executive vice-chair of the bank — the only one of the five business heads to do so — underlining his higher profile within Citi....
...JPMorgan Chase chief executive Jamie Dimon has warned that US inflation and interest rates could remain higher than markets expect because of high government spending....
...So one obvious solution to the problems of SMBs is bank licences....
...Raghavan, 57, is a 23-year veteran of JPMorgan Chase, the largest investment bank globally, and had been promoted to sole head of investment banking last month....
...It’s been a year since Silicon Valley Bank’s collapse left everyone worried that the US’s banking sector sat on shaky ground. Despite that turmoil, one bank stands out: JPMorgan Chase....
...JPMorgan Chase chief executive Jamie Dimon hit out again at a variety of proposed new US bank regulations, telling lawmakers that the rules risked hurting low-income customers and would add more risks to...
...The Silicon Valley Bank ski trip to Deer Valley was one of the biggest annual networking events for technology start-ups before the bank failed last March, the largest bank to collapse since the global financial...
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