Hints and tips:
...Morgan Stanley’s first female CFO, Ruth Porat, famously decamped to Google in 2015 to do the same role for much more money; more recently Thasunda Brown Duckett left JPMorgan Chase to head up investment...
...Chase as well as the benchmark S&P 500 index....
...JPMorgan itself has previously trumpeted the fact that Dimon had “not sold a single share of JPMorgan Chase common stock”....
...It’s no coincidence that the S&P 500 is also having a stellar run....
...Another, from Chase Bank, tells me I can “earn $600!” by signing up for a checking and a savings account....
...Kenvue, underwritten by Goldman Sachs, JPMorgan Chase and Bank of America, hit the public markets in May, at a valuation of $41bn....
...The story behind Citi’s China expansion At Davos this month, JPMorgan Chase chief executive Jamie Dimon struck a cautious note on China....
...The move will be a significant change for $58bn group Tiger, which was founded by Chase Coleman in 2001....
...are driving a sudden pessimistic turn from equity specialists at JPMorgan Chase and Morgan Stanley....
...One scoop to start: Activist investor Cevian Capital has taken a €1.2bn stake in UBS, betting that the Swiss bank can double its valuation over the next three to five years....
...Morgan Stanley’s earnings were a little disappointing — down 9 per cent — thanks to its unpredictable investment bank, bolted like a slightly wobbly sidecar to its sleek wealth management business....
...Yesterday the S&P 500 closed at its highest level for more than a year, powered by a rally in large tech stocks....
...Three Wall Street prime brokers that trade with hedge funds — JPMorgan Chase, Bank of America and Morgan Stanley — all ranked as top-10 Nvidia investors at the end of March....
...Morgan Stanley’s Mike Wilson, who had long predicted a reversal in the S&P 500, also wrote that “our more bearish views on the broader US equity market have been wrong this year”....
...JPMorgan shares also outperformed the benchmark S&P 500 index and the KBW Bank index, although the stock was still down 15.3 per cent for the year....
...JPMorgan Chase, Bank of America, Citigroup and Wells Fargo will each deposit $5bn into First Republic, a California-based lender....
...In the US, a strong start to the year for the S&P 500 had started to raise hopes that the US IPO market was close to reopening, until the collapse of Silicon Valley Bank in March prompted a fresh bout of...
...One banking analyst pointed to a caveat in comments made by JPMorgan Chase chief executive Jamie Dimon after the First Republic takeover....
...Upbeat first-quarter earnings from JPMorgan Chase, Citigroup and Wells Fargo on Friday underscored how a number of bank collapses in the US in March had benefited the biggest lenders as customers sought...
...It’s fourth-lowest on this list from Morgan Stanley: Zions Bancorporation, another one of the biggest decliners in the S&P 500 on Monday, had the eighth-lowest share of domestic insured deposits....
...Longtime JPMorgan Chase chief executive Jamie Dimon’s pay was unchanged at $34.5mn in 2022. Bank of America chief Brian Moynihan was paid $30mn in 2022, down from $32mn a year earlier....
...First and foremost, Goldman needs to bulk up its balance sheet, to better compete with its Wall Street rivals, such as JPMorgan Chase, Bank of America and of course Morgan Stanley....
...Still, broader equity markets were uneven, as the gains among banks were partially offset by a decline in tech stocks that left the blue-chip S&P 500 index up 0.2 per cent and the Nasdaq Composite down 0.5...
...The KBW Nasdaq Bank index ended up 0.8 per cent, with heavyweights such as JPMorgan Chase and Morgan Stanley rising 1.1 per cent and 1.8 per cent, respectively....
...JPMorgan Chase, the world’s largest bank by assets, ceded 4.7 per cent, while Citibank and Morgan Stanley both ended more than 5 per cent lower. The KBW Nasdaq Bank index was 3.6 per cent lower....
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