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....
...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....
...The story behind Citi’s China expansion At Davos this month, JPMorgan Chase chief executive Jamie Dimon struck a cautious note on China....
...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....
...Smart reads Bad investments After Peter Doelger’s $50mn fortune fell to a fraction of that amount under JPMorgan Chase’s management, the bank claimed it was acting on his wishes to take risks....
...Plus if you really miss Brian Cox et al, you can slowly flick through the archive photographs while humming a haunting piano theme....
...Behind the bank merger Who would be behind another bank rescue but JPMorgan Chase boss Jamie Dimon, who helped orchestrate the deal between Banc of California and PacWest at his private beach club, Bloomberg...
...While JPMorgan Chase and Goldman Sachs led the rankings for M&A advisers, Centerview Partners took the third spot in the best showing for a boutique operation in decades....
...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....
...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....
...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...
...Excel hell also contributed to JPMorgan Chase’s $6.2bn “London Whale” trading loss in 2012. Category errors involve pigeonholing dissimilar things together....
...JPMorgan Chase has hired Aaron Iovine, a former executive at now-bankrupt crypto lender Celsius Network, as head of digital assets regulatory policy....
...Goldman Sachs, JPMorgan Chase and Japan’s Mizuho Financial Group are poised to have leading roles in the offering, these people said....
...such as Goldman Sachs, Bank of America and JPMorgan Chase had a good thing going during a decade-long surge in private equity takeovers....
...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....
...They include banks such as JPMorgan Chase, Citigroup and Goldman Sachs....
...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”....
...Or look at the action of banks. This week JPMorgan Chase, Wells Fargo and Citi set aside a record $28bn for bad loans, more than expected....
...We revealed recently that Gorman beat JPMorgan Chase to the Eaton Vance deal....
...(FT) JPMorgan Chase to steer away from fossil fuels The bank says it is shifting its financing portfolio away from fossil fuels after years of pressure from shareholders and environmental activists....
...JPMorgan Chase recently said it would ban fintechs from using its customers’ passwords to access their accounts....
...Since then, UBS and JPMorgan Chase have increased existing stakes to 51 per cent....
...of the number of jobs destroyed and the increase in unemployment,” said Michael Feroli, chief US economist at JPMorgan Chase....
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