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Middle Eastern fund manager is latest private equity group to chase succession-related acquisitions
...Sumitomo Mitsui Banking Corporation is planning to triple its stake in US investment bank Jefferies Financial Group, deepening ties between the Wall Street and Tokyo banks in an effort to compete with larger...
...Junya Tanase, an analyst at JPMorgan Chase, said even unilateral moves into the market were rare as all G7 members had a free-floating currency....
...Earlier this month, JPMorgan Chase chief executive Jamie Dimon threw his weight behind Iger, calling him “a first-class executive and outstanding leader”....
...leo.lewis@ft.com...
...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...
...The move we’ve seen today is a fraction of what we’ve seen in the past when there has been an intervention,” said Alan Ruskin, chief international strategist at Deutsche Bank....
...A Russian court ordered the seizure of $440mn from JPMorgan Chase after state-owned lender VTB filed a lawsuit to “recover losses” from the largest US bank....
...Birkenstock and its advisers — including Goldman, JPMorgan Chase, and Morgan Stanley — have lined up anchor investors to support the deal....
...JPMorgan Chase spent about a year discussing a possible deal with Discover Financial before Capital One agreed a $35bn bid for the credit card company....
...Elsewhere, Goldman’s gender pay gap in its UK operations widened in 2023, underscoring how the Wall Street bank has struggled to promote more women into top positions....
...-The DD team In today’s newsletter: Banks chase after private credit Japanese financial titans square off This Thanksgiving, banks were thankful for private credit Find someone who loves you like banks...
...The lines are already drawn: JPMorgan Chase’s Jamie Dimon and proxy adviser Glass Lewis have backed Iger, while ISS, the other main proxy adviser, has thrown its weight behind Peltz....
...Goldman Sachs, Barclays, JPMorgan Chase and Mizuho are lead advisers on the offering, alongside a further 24 banks....
...Proxy shareholder adviser Glass Lewis has urged investors to vote against pay proposals for Barclays’ top executives following a year of scandals that has cost the bank hundreds of millions in fines and...
...Goldman, Bank of America, JPMorgan Chase, Morgan Stanley, Citi and UBS are on the deal....
...Jamie Dimon’s JPMorgan Chase has its eyes on this lucrative clientele and earlier this year poached a star in Citi’s wealth management team....
...Barclays and JPMorgan Chase were the lead advisers on the IPO while UK brokers Canaccord Genuity, Liberum Capital and Peel Hunt were joint bookrunners....
...The influential proxy adviser Institutional Shareholder Services has performed a rare U-turn and is recommending JPMorgan Chase shareholders support the bank’s pay plan for top executives including Jamie...
...They are being advised by Jefferies, while Banc of California and PacWest are being advised by JPMorgan Chase and Piper Sandler, respectively....
...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....
...People familiar with the bank disputed this account, saying Better itself had cancelled the facility....
...JPMorgan Chase led the pack with $37bn in new deposits in the first quarter, bringing total deposits to $2.38tn....
...JPMorgan Chase posted similarly average results in investment banking fees, while Bank of America beat expectations. Not everyone inspired the same amount of hope, however....
...(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.)...
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