Hints and tips:
...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....
...Chase has redefined its climate goals to move away from that benchmark....
...According to the SEC, in June 2018 Morgan Stanley was invited along with other banks to bid for a block of Medpace shares to be sold by private equity firm Cinven (“Selling Shareholder A” in its report,...
...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...
...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....
...Here’s an unusual thing, a sellside note on generative AI that does more than swallow and regurgitate the hype. It’s from JPMorgan analysts Tien-tsin Huang et al, who cover IT services at the bank....
...The story behind Citi’s China expansion At Davos this month, JPMorgan Chase chief executive Jamie Dimon struck a cautious note on China....
...Likewise, Indonesia’s Bank Central Asia and Saudi Arabia’s largest bank, Al Rajhi, have market capitalisations only a little less than BNP....
...help narrow the gap with the likes of Morgan Stanley and Bank of America....
...Isn’t it high time the regulators increased oversight on Blackstone and Apollo, et al, as this relatively new and powerful group of financial titans continue their march to the top of the heap on Wall Street...
...JPMorgan Chase is reviewing its own ties....
...Job moves Morgan Stanley’s global chair of M&A Rob Kindler is returning to law after 17 years at the US bank....
...One thing to start: JPMorgan Chase is resisting attempts by lawyers to question Jamie Dimon under oath in litigation over the US bank’s decision to retain Jeffrey Epstein as a client for 15 years, although...
...Less noted is the fact that it has outperformed Bank of America, JPMorgan Chase and the S&P 500. An activist might make money in Goldman, but I have to think there must be softer targets out there....
...“Considering all the things that have happened the world is a lot better than you would have expected,” JPMorgan Chase’s chief operating officer Daniel Pinto....
...The Epstein effect Newly public allegations about Jeffrey Epstein’s relationship to Jes Staley have dragged Barclays and JPMorgan Chase further into the scandal....
...It brought together some of the most powerful players on Wall Street — with JPMorgan Chase and Goldman Sachs advising Twitter under the code name Project Tundra, and Morgan Stanley and Barclays in Musk’s...
...Cloud banking fintech Thought Machine doubles valuation London-based Thought Machine, whose clients include Morgan Stanley, JPMorgan Chase and Lloyds Banking Group reached a valuation of $2.7bn in a $160mn...
...There is for sure a debate to be had about when the Federal Reserve et al should have pivoted their stance more forcefully to tackle inflationary pressures, and what they should and shouldn’t do now....
...The transaction is the latest in a series of regional US banking mergers as midsized lenders face pressure to consolidate to compete against the likes of JPMorgan Chase and Bank of America....
...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....
...The stark message from Morgan Stanley chief James Gorman this week echoes that of rival Jamie Dimon at JPMorgan Chase, who last month famously cancelled all Zoom meetings because he was “done with it”....
...JPMorgan Chase resumes donations The bank will restart political donations but not to candidates who voted against certifying Joe Biden’s election victory, after pausing contributions in January following...
...Business A huge rise in US government spending will boost the world’s largest economy over at least the next two years, the chief executive of JPMorgan Chase forecast....
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