Hints and tips:
...Chase has redefined its climate goals to move away from that benchmark....
...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....
...Neither the monster national players (JPMorgan Chase, Bank of America, Wells Fargo, Citigroup) nor the regionals (PNC, M&T, et al) have had much to say about the economy’s effect on credit quality....
...JPMorgan itself has previously touted the fact that Dimon had “not sold a single share of JPMorgan Chase common stock”. The idea was to do what was best for shareholders....
...It’s from JPMorgan analysts Tien-tsin Huang et al, who cover IT services at the bank....
...Earnings at JPMorgan Chase, Bank of America, Wells Fargo and Citigroup were up 23 per cent. By contrast profits at all other institutions dropped by an average 19 per cent in the quarter....
...JPMorgan Chase chief executive Jamie Dimon boasted last year that 10 per cent of the bank’s hires in 2021 had criminal records, and that (in contrast with Cowley’s experience so far) “retention rates for...
...Excel hell also contributed to JPMorgan Chase’s $6.2bn “London Whale” trading loss in 2012. Category errors involve pigeonholing dissimilar things together....
...JPMorgan chief executive Jamie Dimon warned that new US capital requirements posed “significant economic risks” for large banks, making it harder to meet customer needs just as “storm clouds” were gathering...
...Chase....
...In the second quarter of this year, growth in card loans at JPMorgan Chase, Citigroup and Bank of America were 0 per cent, -5 per cent, and -10 per cent, respectively....
...TPG appoints bankers to work on IPO The private equity group, which has $96bn in assets under management, has appointed Goldman Sachs and JPMorgan Chase to work on an initial public offering....
...She previously worked as a managing director in the banking division of JPMorgan Chase....
...Job moves Gordon Smith, a top lieutenant of JPMorgan Chase boss Jamie Dimon, is to step down from his role at the end of the year....
...Banks such as Citigroup and JPMorgan Chase are expected to do well thanks to record fees driven by debt sales from crisis-hit companies....
...“Bankers can work from home, we’ve demonstrated we can do that,” said Carlos Hernandez, executive chair of investment and corporate banking at JPMorgan Chase....
...Earlier this year, when Congressman Al Green asked seven CEOs of major US banks — including JPMorgan Chase’s Jamie Dimon and Citigroup’s Michael Corbat — to raise their hand if they thought they would be...
...In the news JPMorgan posts record profit JPMorgan Chase kicked off Wall Street’s earnings season with its highest-ever annual profit and a vigorous trading revenue rebound in the final quarter of last...
...By the time of Lehman Brothers’ collapse, there remained two US tri-party agents: JPMorgan Chase and Bank of New York Mellon....
...If the We Company were to shelve the listing, it would also lose access to a $6bn loan from a group of banks, including JPMorgan Chase and Goldman Sachs, that was contingent on the IPO raising at least $3bn...
...Skarbek has spent 25 years at the bank while Truscott joined last year from JPMorgan Chase....
...Over at JPMorgan Chase, its analysts concede that the latest leg of the rally in MSCI Asia ex-Japan means: “Valuations are no longer outright attractive (at 12.5x forward P/E v long-term average of 12.0x...
...Addison Lee, the mini cab company that was bought by Carlyle just months before Uber et al made it on to the scene....
...Chase precious metals trader has pleaded guilty to spoofing charges in an action that could implicate other employees at the bank....
...(DD’s choice) Comparisons are often drawn with Philip Green, the boss of Topshop owner Arcadia. There are some similarities beyond the rotund physiques....
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