Hints and tips:
...JPMorgan Chase chief executive Jamie Dimon had a one-on-one lunch at the White House last week with vice-president Kamala Harris, according to people familiar with the matter....
...Shares of US regional banks have come under heavy selling pressure this week after the regulator-brokered takeover of First Republic by JPMorgan Chase failed to restore confidence in the sector....
...In August of this year, however, she was charged alongside Trump and 18 other co-defendants in a sweeping criminal chase that relied on Georgia’s expansive racketeering laws....
...JPMorgan Chase captured almost a fifth of all US bank profits in the first nine months of 2023, capitalising on a year of turmoil for the country’s financial sector....
...The real game will be parsing Chair Jay Powell’s words with obsessive precision, for hints about rate cuts to come....
...Triple-B [the lowest rung of IG] spreads are at about 120bp, whereas double-B high-yield is at 200bp. So you pick up 80bp from going from triple-B to double-B....
...We’re wondering to what degree Jay Powell will acknowledge slowing pace of disinflation, and what he will attribute it to. Send me your thoughts: robert.armstrong@ft.com....
...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....
...Several executives have recently signalled they will no longer chase contracts that are at risk of cost overruns....
...Zelenskyy met government and business leaders in the Swiss resort, including JPMorgan Chase chief executive Jamie Dimon, Blackstone Group chair Stephen Schwarzman and Lakshmi Mittal, founder of steel giant...
...BlackRock, Citigroup, JPMorgan Chase, Wells Fargo, BNY Mellon and Bank of America will all report fourth-quarter figures on Friday....
...Powell on Thursday suggested that an increased focus on the US debt burden may also be playing a role....
...Jamie Dimon, chief executive of JPMorgan Chase, gave a more wary reaction in a Bloomberg interview....
...One very senior banker noted that rival JPMorgan Chase has two female executives just below longtime leader Jamie Dimon, saying: “It’s possible that there will be a female CEO at JPMorgan, before there is...
...Fed chair Jay Powell supported the proposals....
...Jay Powell in Spain: The US Federal Reserve chair speaks at the Bank of Spain Conference on Financial Stability in Madrid....
...“They’re clinging to that idea, even if [Chair Jay Powell] didn’t give a clear message that they’re done”....
...company is so big now — 6 per cent of the S&P 500’s total shareholders’ equity — that there are no companies in the US or abroad that are (a) big enough to make a meaningful impact on Berkshire’s earnings, (b)...
...Over multiple phone calls on Tuesday, US Treasury secretary Janet Yellen, Federal Reserve chair Jay Powell and JPMorgan Chase’s Dimon discussed the idea of bringing the nation’s biggest lenders together...
...Sunak said he would not “take the easy way out, chase the headlines”....
...Jay Powell has warned the US central bank against the risk of being “misled” by good data on prices, saying the mission to return inflation to its 2 per cent target had a “long way to go”....
...But they have got the ultimate knowhow that makes me want to be closer to them because I am not chasing brands in my clothing; I chase quality and look.”...
...debates on whether 2% target is the right target or not, policymakers cannot neglect the practical implications of moving the goalposts because of a) credibility issues (as you discuss in your column), and b)...
...Fed chair Jay Powell said last month that the central bank would decide on further rate increases on a meeting-by-meeting basis....
...Bullard and Kashkari are generally considered the most hawkish, Cook is the dove and Barr stays in the middle of the pack next to Powell....
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