Hints and tips:
...Citigroup cut 5,000 jobs, Morgan Stanley shed 4,800, Bank of America 4,000, Goldman Sachs 3,200 and JPMorgan Chase 1,000. Collectively, the big Wall Street banks cut at least 30,000 staff in 2023....
...Despite this, in recent days executives from the country’s four largest banks — JPMorgan Chase, Bank of America, Citigroup and Wells Fargo — said during earnings calls that consumers were resilient....
...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...
...That’s what we missed: how the policy response to the regional banking crisis stabilised the banking system, which allowed a pretty sharp V-shaped recovery....
...With apologies for the especially hairy use of the double negative below: We hold that the District Court had jurisdiction under the Edge Act because defendant-appellee JPMorgan Chase Bank, N.A. engaged...
...“I talked at length with President Sassou N’Guesso, including about the above new mine. Exploration, he told me, has been undertaken by a consortium of investors backed by JPMorgan....
...JPMorgan Chase, the largest US bank by assets with sprawling retail, investment banking and trading operations, is the one big bank bucking the trend....
...Street bank seeking to navigate a difficult economic environment for lenders....
...At the end of the first quarter, the five large banks that dominate Wall Street — JPMorgan Chase, Bank of America, Morgan Stanley, Goldman and Citi — collectively employed a record 882,000 globally, virtually...
...Job moves JPMorgan Chase has named technology mergers and acquisitions co-head Jay Hofmann and healthcare dealmaking co-head Ben Carpenter as co-heads of M&A for North America, according to an internal...
...Apple’s Tim Cook, Tesla chief Elon Musk and JPMorgan Chase chief executive Jamie Dimon have all recently visited China....
...Jeffrey Epstein: JPMorgan Chase approved a bank account for a teenager from Slovakia with no birth date or passport number at the disgraced financier’s request, highlighting the extent of their ties....
...What JPMorgan learns there can be used to modernise its core Chase US retail bank and be the foundation of a string of digital-only offerings elsewhere....
...Neukirchen added that JPMorgan’s established payments business gives it a strong starting position....
...Top executives at Goldman Sachs, Bank of America and JPMorgan Chase offered their views at an industry conference on Tuesday. “When I talk to clients, they sound extremely cautious....
...This is about people working on things they value,” said Huw Richards, JPMorgan Chase’s global head of digital investment banking, an initiative the bank formed in 2018....
...Analysts estimate JPMorgan Chase, Bank of America, Citigroup and Wells Fargo to report collective net interest income for the final three months of 2022 of almost $60bn, up 30 per cent year on year, according...
...JPMorgan Chase cut its 2022 growth forecast for the country from 4.3 per cent to 3.7 per cent on Monday, with the US investment bank predicting a deeper contraction in the second quarter over “high-pressure...
...A few have decided to crack the whip. Last week, Elon Musk, Twitter’s new owner, banned staff from working from home. Jamie Dimon, CEO of US bank JPMorgan Chase, would like to....
...JPMorgan Chase, UBS, Julius Baer, Jefferies, Cantor Fitzgerald and (most recently) Deutsche Bank have turned to Movius to keep track of calls, text messages and WhatsApp conversations....
...Sanjiv Somani, UK chief executive of Chase, JPMorgan’s digital bank, told the FT earlier this month that he wanted to integrate the retail bank with digital wealth management arm Nutmeg, which it bought...
...Big banks such as JPMorgan Chase, Citigroup and Wells Fargo braced for turbulence by collectively increasing their loan loss reserves by more than $1bn last quarter....
...UBS has poached a top executive from JPMorgan Chase to be its chief financial officer, completing an overhaul of the senior management at Switzerland’s biggest bank since Ralph Hamers started as chief executive...
...JPMorgan Chase has hired Aaron Iovine, a former executive at now-bankrupt crypto lender Celsius Network, as head of digital assets regulatory policy....
...JPMorgan chases growth While fintechs like Klarna are tightening their belts, JPMorgan told investors last week that it expects to lose up to $1bn over the next few years on its new digital consumer bank...
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