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....
...Oasis was founded in 2002 by Seth Fischer, a former portfolio manager in Asia for JPMorgan Chase’s Highbridge Capital, and makes the majority of its investments in Asia....
...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...
...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....
...That same year, JPMorgan Chase granted its chief executive Jamie Dimon a “special award” of 1.5mn share options that were at the time projected to be worth $49.5mn after 10 years....
...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...
...JPMorgan Chase boss Jamie Dimon warned that US inflation and interest rates could remain higher than markets expect because of high government spending....
...“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....
...Street bank seeking to navigate a difficult economic environment for lenders....
...The Federal Deposit Insurance Corporation, which is leading the government effort, received bids from banks including JPMorgan Chase, PNC and Citizens, according to three sources with knowledge of the situation...
...The decision to delay the results “is an early blow to the credibility of the new [fund] board, and casts further doubt over the credibility of the independent valuer, Citrin Cooperman”, JPMorgan Chase analysts...
...JPMorgan Chase posted similarly average results in investment banking fees, while Bank of America beat expectations. Not everyone inspired the same amount of hope, however....
...In July 2021, in the middle of the pandemic, the board of directors of JPMorgan Chase gave its heralded chief executive, Jamie Dimon, a retention bonus then projected to be around $50mn, in the form of stock...
...Mentioned in this podcast: JPMorgan’s Jamie Dimon to be deposed in Epstein lawsuits Middle East on ‘radar’ of global investors as it enjoys IPO boom China grants bailouts as Belt and Road Initiative falters...
...Job moves Jennifer Zuccarelli, head of communications for JPMorgan Chase’s wealth management unit, has joined Goldman Sachs as global head of media relations, people familiar with the matter told DD....
...BlackRock and JPMorgan Chase are helping Ukraine’s government draw up plans for a reconstruction bank to steer public seed capital into rebuilding projects, which Hoyer said could work in tandem with the...
...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....
...Oasis was founded in 2002 by Seth Fischer, a former portfolio manager in Asia for JPMorgan Chase’s Highbridge Capital....
...Part of the allure for clubs of the ESL was a €3.25bn infrastructure grant, underwritten by JPMorgan Chase, that would have been available to spend on their stadiums and training grounds....
...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 shareholders have voted against the bank’s executive pay plan, delivering a stinging rebuke to chief Jamie Dimon and his management team....
...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....
International Edition