Hints and tips:
Related Special Reports
...in a note that it was dropping its corporate membership because it believes the phase 2 strategy, which takes effect in June, conflicted with US laws requiring money managers to act solely in clients’ long-term...
...JPMorgan Chase has stepped up the pace at which it is securitising billions of dollars of its loan portfolio in anticipation of proposed new US capital requirements for large banks, according to people familiar...
...Before answering that last question, though, I thought it might be good to be slightly more precise about the long-term growth rate of the industry, the biggest banks, and JPM....
...But he is not regarded as the long-term successor, and is relinquishing his other job running JPMorgan’s corporate and investment bank to Piepszak and Rohrbaugh....
...She added that the IMF was also concerned about the long-term risk of AI affecting the behaviour of financial markets....
...One of the really impressive accomplishments from them. Michela Tindera Keeping all of this in mind. Are there any looming threats to JPMorgan’s success long term?...
...This used an International Energy Agency scenario under which the long-term increase in global average temperatures is “well below” 2C....
...JPMorgan used to highlight the fact that Dimon had “not sold a single share of JPMorgan Chase common stock”....
...The case, Kirschner vs JPMorgan Chase, hinged on whether banks had broken securities rules after a drug-testing company with roughly $1.8bn of loans had filed for bankruptcy....
...JPMorgan Chase captured almost a fifth of all US bank profits in the first nine months of 2023, capitalising on a year of turmoil for the country’s financial sector....
...The plans set Biden apart from Trump, who is expected to propose making permanent the tax cuts introduced during his first term of office, which are set to expire in 2025, should he secure a second term...
...The biggest US banks — including JPMorgan Chase and Bank of America — have criticised the measure, arguing that higher capital requirements would increase borrowing costs and push lending outside the regulated...
...But for those in Miami for JPMorgan Chase’s annual credit conference this week, nothing was more enticing than a panel discussion on liability management exercises....
...The Wall Street lender has a long-standing relationship with Disney, which has generated tens of millions in fees for the bank. It is also representing the company in its fight against Peltz....
...They tend to stay with the bank for a good long time.”...
...Gatch said he can’t figure out a way to value these tokens as part of a long-term portfolio. “We don’t have one, so therefore we’re not launching a product of that type.”...
...Market acceptance of high-for-long, alongside a shift higher in term-premia, suggests that a new leg of monetary transmission is in the pipeline that supports the “boil the frog” scenario....
...The $37mn for Gorman, up from $31.5mn for 2022, was higher than the pay for longtime JPMorgan Chase chief executive Jamie Dimon, who earned $36mn for 2023, according to a filing on Thursday....
...HSBC’s push into fintech also follows a foray by US-based investment bank JPMorgan into the UK’s digital banking market with the launch of Chase UK in 2021, as the Wall Street bank sought to compete with...
...The bank said Quinn’s total pay package had jumped from £5.6mn to £10.6mn because of payouts from a long-term incentive plan....
...Although default rates have gone up a bit in triple-C bonds, in bank loans and in private credit, the reality is they’re still low in historical terms, and there’s still a tremendous amount of dry powder...
...“Evercore got a lot of things right including setting the right long and short-term incentives for its bankers.”...
...Capital One and Discover are two of the biggest credit card lenders, behind JPMorgan Chase and Citigroup....
...That means success in trading has done little to aid BofA’s ailing stock price, which has been weighed down by large unrealised losses in its long-term bond portfolio....
...JPMorgan Chase paid longtime chief Jamie Dimon a record $36mn last year, up about 4 per cent from the previous year....
International Edition