Hints and tips:
...Citigroup cut 5,000 jobs, Morgan Stanley shed 4,800, Bank of America 4,000, Goldman Sachs 3,200 and JPMorgan Chase 1,000. Collectively, the big Wall Street banks cut at least 30,000 staff in 2023....
...JPMorgan Chase recently estimated the size of that market at $3.1tn....
...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...
...JPMorgan itself has previously trumpeted the fact that Dimon had “not sold a single share of JPMorgan Chase common stock”....
...That’s what we missed: how the policy response to the regional banking crisis stabilised the banking system, which allowed a pretty sharp V-shaped recovery....
...Read the full FT analysis, including the biggest cutters, from Wells Fargo to JPMorgan Chase. Five more top stories 1....
...The latest bank looking to crack into private credit is Citigroup. It follows the likes of JPMorgan Chase, Barclays, Rabobank, Wells Fargo, Société Générale and Deutsche Bank....
...With apologies for the especially hairy use of the double negative below: We hold that the District Court had jurisdiction under the Edge Act because defendant-appellee JPMorgan Chase Bank, N.A. engaged...
...JPMorgan Chase chief executive Jamie Dimon this month estimated that banks across Wall Street were on the hook for less than $100bn of financing packages, roughly a fifth of the level seen in 2007 on the...
...“I talked at length with President Sassou N’Guesso, including about the above new mine. Exploration, he told me, has been undertaken by a consortium of investors backed by JPMorgan....
...The emails have been made public as part of a lawsuit against Staley’s former employer, JPMorgan Chase....
...Nicolas Aguzin, the Argentine former JPMorgan Chase banker who runs Hong Kong’s stock exchange operator HKEX, has certainly been trying....
...Street bank seeking to navigate a difficult economic environment for lenders....
...(JPMorgan Chase’s Jamie Dimon couldn’t make it because he’ll be in Paris with the bank’s International Council, a group chaired by former UK prime minister Tony Blair.)...
...JPMorgan Chase came under renewed pressure yesterday to release communications from chief executive Jamie Dimon in litigation accusing the bank of keeping the late sex offender Jeffrey Epstein as a customer...
...What JPMorgan learns there can be used to modernise its core Chase US retail bank and be the foundation of a string of digital-only offerings elsewhere....
...Neukirchen added that JPMorgan’s established payments business gives it a strong starting position....
...Late last month it walked away at the eleventh hour from a planned $300mn share sale being arranged by JPMorgan Chase (one of vanishingly few such deals in a market that until very recently had been lucrative...
...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, Citigroup and other large financial institutions are speeding up the normal “onboarding” process in what executives say is the biggest movement in deposits in more than a decade....
...BlackRock and JPMorgan Chase are helping Ukraine set up a reconstruction bank for rebuilding projects that hope to attract hundreds of billions of dollars in private investment....
...Jamie Dimon at JPMorgan Chase may be able to get people working like they did pre-pandemic, but from my reporting, I’d say very few others can....
...The Epstein effect Newly public allegations about Jeffrey Epstein’s relationship to Jes Staley have dragged Barclays and JPMorgan Chase further into the scandal....
...In August, Musk subpoenaed Goldman Sachs and JPMorgan Chase for details about how the Wall Street banks advised Twitter on the contentious deal....
...Other banks have been doing this for a while, like JPMorgan and Citigroup and European banks too. Owen explains why Goldman is getting into this now....
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