Hints and tips:
...To us, the macro factors that caused the CEO of competitor JPM to call banks “uninvestable” in 2023 seem to have softened, including recently proposed regulation (likely eased) and interest rates (worst...
...But so does JPM. Using technology to do business does not make a company into a tech business. Tech businesses mainly sell technology....
...The Wall Street Journal first reported that JPM and PNC had been asked to bid....
...“JPM’s conduct between August 2018 and 2021 was entirely self-serving and intended to gain JPM the improper benefit of a discount on the price of Tesla shares that were gaining rapidly in value,” Tesla claimed...
...Investors have already expressed concerns over the US banking giant’s spending plans, but JPM’s “fortress” balance sheet and $48bn in annual profits give a longer leash than its fintech challengers....
...Kirshlen Moodley, who held a similar role for Europe, Middle East and Africa, has also departed from JPM, to join BNP Paribas to work on its UK advisory business....
...A top M&A lawyer, who first joined Linklaters in 1990, Jacobs will make his investment banking debut as JPM’s new co-head of investment banking in the UK, DD’s Arash Massoudi and the FT’s Kate Beioley report...
...The JPM Global Healthcare fund came second in terms of net inflows, with €372m in the second quarter and a return of 14.4 per cent across all share classes....
...It is higher, at 28.9 per cent for JPM’s GBI-EM GD index of local currency EM government debt, and even more so for the CEMBI BD measure for hard currency corporate debt, at 39.1 per cent, but still not...
...JPM went into the year with more than $367bn — about 13 per cent of its $2.7tn balance sheet....
...Both Vanguard and JPM AM have said voting is just one element in how they address climate issues....
...“Steve Frank and his JPM team in healthcare are a force of nature and have worked for years with Allergan on the strategic combinations that helped make the company what it is....
...Shell ranks top quartile on our JPM framework: the company combines premium upstream cash intensity with a strong project pipeline to 2025....
...Over one year, the JPM fund has lost 3 per cent, and the wider list of top-performing funds looks very different....
...JPM official view is that GBP will be stronger from here. Market expectations for BoE rate rises have reduced, but we do not think hikes are off the table for 2H....
...Since April 1, JPM Russia is down 11.3 per cent, Baring Russia is down 12.2 per cent and European funds, including Invesco Perpetual Emerging European, are down more than 10 per cent....
...The Amazon-JPM-Berkshire group is not, presumably, going into the business of training additional doctors or building new hospitals....
...We’d love to hear your thoughts on DD and on deals: Due.Diligence@ft.com Messy deal: JPM vs Good investors The fun part of writing deal engagement letters for bankers: setting the fees clients will owe...
...Neil Gregson, fund manager of the JPM Natural Resources fund, said that following a “long bear market”, the mining, oil and mineral sectors experienced a “cyclical turnround” in 2016....
...But probably more important than the speed is that JPM is placing OnDeck’s underwriting front and centre in its relationship with its customers....
...For reference, and via JPM, “Zomato raised US$60mn in the latest round of funding in Sep15 (from Vy Capital and Temasek) at a postmoney valuation of US$1bn.”...
...Staley isn’t the only JPM alumnus who is in the market for a big investment banking job....
...And here, for context, is a longer term picture of the CSI-300, via Google Finance: Related links: How big is your bailout – FT Alphaville Chinese percentages that will melt your mind, from JPM – FT Alphaville...
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