Hints and tips:
...This could force refiners to chase the lowest-cost raw materials, often produced in China....
...“That was the impetus for banks to be more cautious with construction lending,” said Calixto Garcia-Velez, chief executive of Banesco USA, a Miami-based lender....
...“Citi has a number of very good businesses,” said Noor Menai, who spent more than a decade as an emerging markets banker at Citi and is now the chief executive of CTBC Bank USA....
...Jerry Rizzieri, head of Mizuho Securities USA, told the Financial Times the acquisition would contribute to Mizuho’s goal “to be solidly inside the top 10 corporate investment banks within three years”,...
...JPMorgan Chase, the largest US bank with a vast network of bricks-and-mortar branches, had just over $1tn in deposits within its consumer and community banking unit at the end of the second quarter....
...News round-up Leon Black sues law firm behind abuse accusers’ cases (FT) US imposes sanctions on four Russian tycoons connected to Alfa-Bank (FT) FCA begins probe into banks and ‘politically exposed persons...
...Adding all that up for JPMorgan comes to 12 per cent — less than Credit Suisse Holdings USA (13.5 per cent), Goldman Sachs (13.3 per cent), DWS USA Corporation (13.2 per cent) and Morgan Stanley (13.3 per...
...In addition to a $200mn settlement reached with JPMorgan Chase in December, the Securities and Exchange Commission and Commodity Futures Trading Commission said on Tuesday that Bank of America, Citigroup...
...In 2018 and 2019, as JPMorgan Chase bankers chased lucrative mandates from an aggressively expanding WeWork, they fired off messages to one of their most high-profile clients at a frenetic pace....
...Bank deregulation helped fuel the 2008 financial crisis, spurring the Dodd-Frank reform law, which further empowered the agencies conservatives detest. Markets are already enduring a painful downturn....
...anticipated because FTX is seeking permission to use computers to perform functions in the futures markets now entrusted to brokers, called futures commission merchants, the largest of which are arms of JPMorgan Chase...
...They’re all made in the USA. Bankers told DD’s Ortenca Aliaj and James Fontanella-Khan that the US economy and consumer have remained robust....
...The company had been part of a shuttered effort to reimagine healthcare that it undertook with JPMorgan Chase and Berkshire Hathaway....
...The days ahead US bank earnings Investors’ hopes are high as JPMorgan Chase, Citigroup and Wells Fargo kick off fourth-quarter results season for banks....
...Other banks involved in creating the world’s second-largest media group include JPMorgan Chase, which earned $15m for advising Discovery and a further $140m for financing services....
...And that we do not intend to change,” said Jamie Dimon, chief executive of JPMorgan Chase, this week. Five more stories in the news 1....
...It is an uncommon union of two normally conflicting market “factors” that could send billions of dollars that typically chase trends towards once-shunned value shares....
...The combined PNC-BBVA USA will be the fifth-largest retail bank in the US behind JPMorgan Chase, Bank of America, Wells Fargo and Citigroup, which each have assets of at least $2tn....
...Members included delegates of banks such as Citigroup and JPMorgan Chase, fund managers such as Allianz Global Investors and Vanguard, commodities and energy companies such as Cargill and ConocoPhillips,...
...Benjamin Wilson, head of shareholder activism in North America at JPMorgan Chase, has left the US bank to take a senior role in the M&A department of Guggenheim Partners, Reuters reported and DD confirmed...
...The climbing yields sent the KBW index of bank stocks 3.7 per cent higher, the benchmark’s best day since July. JPMorgan Chase and Bank of America both gained more than 3 per cent....
...“This is the closest to reality I’ve seen,” Bilal Hafeez, a former research analyst at JPMorgan Chase, Deutsche Bank and Nomura told the FT’s Henry Mance. Catch up with the full interview here....
...Since 2008, the main imbalances in offshore dollar markets have migrated from the eurozone to Japan, as Japanese savers, banks and life assurance companies dived into dollar markets to chase higher yields...
...It also compels investors to chase markets and for all the scepticism over asset prices, the latest survey of fund managers from Bank of America highlights a nascent shift in tone: True, four out of five...
...Even in investment banking, where Goldman wears the crown, the bank will chase smaller deals that its elite M&A bankers would have once turned their noses up at....
International Edition