Hints and tips:
...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....
...About three-quarters of US homeowners have mortgages charging less than 4 per cent interest, according to JPMorgan Chase research....
...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....
...Others, including the banks JPMorgan Chase and Citigroup, as well as technology groups Facebook and Microsoft suspended all political donations....
...(FT) NRA v San Francisco The National Rifle Association sued San Francisco on Monday over the city’s recent declaration that the gun-rights lobby was a “domestic terrorist organisation.”...
...advocate groups such as the National Rifle Association....
...Chase precious metals trader has pleaded guilty to spoofing charges in an action that could implicate other employees at the bank....
...Statistical studies (see for example Gadea et al) confirm that there has been no significant break in the behaviour of volatility in the five year period since 2008, compared to that experienced during GM...
...But, as Neil notes, things could have been worse without all that warehousing shenanigans from Goldman et al....
...Masterpieces of Chinese Painting: 700-1900, edited by Zhang Hongxing, V&A Publishing, RRP£40/$60 The world’s oldest painting tradition explored in the glorious catalogue to the V&A’s current, once-in-a-lifetime...
...So it’s not surprising that the first response from Buchheit et al is to answer back with bits of the bond contract that suggest sneaky loopholes instead....
...Bank of America climbed 3.3 per cent to $5.46 and JPMorgan Chase was up 2.4 per cent to $33.42, although bank stocks were recovering from a poor day on Wednesday, when they had significantly underperformed...
...While I have little time for Cameron et al, I have to admit that Osborne has done a brilliant job of (just about) keeping the markets onside....
...Shares in JPMorgan Chase and Wells Fargo were also down more than 4 per cent....
...What really happened at Northern Rock, Royal Bank of Scotland et al? This gives you a clearer idea....
...Jamie Dimon of JPMorgan Chase is King of the Street, for now; but do not count out the resourceful Lloyd Blankfein of Goldman Sachs or Michel Pébereau, cerebral head of BNP Paribas....
...However, the group has now – grudgingly – given its backing, and big banks such as Goldman Sachs, Deutsche and JPMorgan hope to launch one such platform by the end of the year....
...“Banks have the greatest downside risk,” Ms Whitney said. Shares in JPMorgan soared 10.3 per cent to $40.31....
...She graduated from Cairo University in economics and political science and worked for Chase National bank for 12 years, taking the credit route and rising up through the ranks before taking a break from...
...al?...
...al v....
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