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....
...Here’s an unusual thing, a sellside note on generative AI that does more than swallow and regurgitate the hype. It’s from JPMorgan analysts Tien-tsin Huang et al, who cover IT services at the bank....
...One scoop to start: Longtime JPMorgan Chase boss Jamie Dimon will be interviewed under oath over his bank’s decision to retain the late sex offender Jeffrey Epstein as a client, said people familiar with...
...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....
...Or look at the action of banks. This week JPMorgan Chase, Wells Fargo and Citi set aside a record $28bn for bad loans, more than expected....
...Both got the money from JPMorgan Chase....
...And, as lockdown measures are softened, the return of the likes of Gregg's, Starbucks et al to the UK FtG market will increase competition....
...By the time of Lehman Brothers’ collapse, there remained two US tri-party agents: JPMorgan Chase and Bank of New York Mellon....
...If the We Company were to shelve the listing, it would also lose access to a $6bn loan from a group of banks, including JPMorgan Chase and Goldman Sachs, that was contingent on the IPO raising at least $3bn...
...Addison Lee, the mini cab company that was bought by Carlyle just months before Uber et al made it on to the scene....
...Banking bother A former JPMorgan Chase precious metals trader has pleaded guilty to spoofing charges in an action that could implicate other employees at the bank....
...That changed in 2016 when the former owner, JPMorgan Chase, sold the business to its senior staff....
...(FT) Brexit in the balance JPMorgan Chase’s chief executive has issued a bleak warning that Brexit will create a significant economic downturn, a day after two senior cabinet ministers resigned in protest...
...(FT) Banking with Amazon Amazon is discussing a potential partnership to offer its customers bank accounts through JPMorgan Chase, in a deal that could unite America’s largest bank with its biggest ecommerce...
...After that, he served as co-head of US M&A at JPMorgan Chase before leaving to become deputy chairman at Cadwalader, Wickersham & Taft....
...Who ultimately wins the stand-off — Mr Dimon et al or the market — will hang in part on how duty-bound JP feels to stand by its pledge....
...Fine… he runs JPMorgan Chase, it’s a big bank. What’s so interesting about him getting on a plane?...
...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...
...(Reuters) - The escalating role of central banks in EM currency. (Wall Street Journal) - Goldman et al should be forced to incur losses on mistaken trades, says Myron Scholes....
...But, as Neil notes, things could have been worse without all that warehousing shenanigans from Goldman et al....
...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....
...country, Norway – until murderous Balkan villains and a cross-country chase change his life....
...In May, LinkedIn, the business social networking site, was priced at $45 a share by Morgan Stanley, Bank of America Merrill Lynch and JPMorgan Chase, but the stock leapt by more than 100 per cent on its...
...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....
...Mr Blair, who oversaw a thawing of relations between Britain and Libya and has since travelled to Tripoli on business for JPMorgan Chase, the investment bank, is repeatedly cited in US cables as a potential...
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