Hints and tips:
...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...
...In reality, “a lot of them ended up at the V&A”....
...Results: BlackRock, Citigroup, JPMorgan Chase, PNC Financial Services, UnitedHealth and Wells Fargo all report today. One more thing: Our new Central Banks newsletter launches next Tuesday....
...Jeffrey Epstein: JPMorgan Chase approved a bank account for a teenager from Slovakia with no birth date or passport number at the disgraced financier’s request, highlighting the extent of their ties....
...The FT’s HTSI delves into the growing Tracksmith Amateur Mile, a one-mile race....
...JPMorgan Chase paid longtime chief executive Jamie Dimon $36mn in 2023, up about 4 per cent from the previous year....
...spending has stacked up over recent years, according to JPM’s proxy filings (these refer to the prior year, so eg the 2021 edition covers 2020’s flying): Putting aside the climate impact of all those air miles...
...Job moves Deutsche Bank has named Vathany Vijayaratna, most recently head of non-financial risk for its investment bank, as chief executive of its UK and Ireland business....
...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....
...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....
...“The last car I bought, just to put things in perspective, was a Mercedes V-Class, to put all the kids and the dog in it.” Our main course gone, Collardi asks if we can see the dessert menu....
...Though, in another sense, I had seen the fog some days before — hundreds of miles downstream where the Elbe meets the North Sea....
...JPMorgan Chase reported a better than expected 35 per cent jump in third-quarter profits to $13.2bn, as the biggest US bank reaps the benefits from higher interest rates and lower than normal loan losses...
...The Lord Mayor is accompanied by 150 floats and 200 horses on a three-mile parade. November 9; further information here Christmas at Kew The annual festive light show for all the family....
...In total, JPMorgan Chase analysts estimate the whole Signa Group to owe more than €13bn....
...Robert ArmstrongThe very biggest banks in America are JPMorgan Chase, Bank of America, Citibank, and Wells Fargo....
...Marcus, the consumer-finance platform of fellow Wall Street Category-V bank Goldman Sachs, launched a similarly competitive interest rate, back when claiming to have been paid any kind of interest was in...
...JPMorgan Chase is aiming to recover millions of dollars from an insurance policy that protected the US bank against fraud after its botched $175mn acquisition of financial aid start-up Frank in 2021, according...
...As a trainee at Chase Manhattan bank, he got a wake-up call that remained an inspiration....
...Lutyens’ Midland Bank was one of the first to go....
...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...
...Claer Barrett There’s also a link in today’s show notes if you want to read the FT magazine interview that Gary did with my colleague Miles Ellingham....
...You can’t chuck anything down a hill and expect people to chase it....
...But I found myself almost spellbound as the slanting evening sun picked out the tower in relief against a grey bank of cloud. A cuckoo sang somewhere far off....
...Lex wonders whether central banks are right to relent in their quest to quell inflationary pressures just in case more banks follow the collapse of Silicon Valley Bank....
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