Hints and tips:
...Listening to a recent FT Behind the Money podcast about JPMorgan Chase, however, made me wonder if banks might not be the most interesting and perhaps even the most extreme example of that dynamic....
...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...
...JPMorgan Chase chief executive Jamie Dimon yesterday shuffled his leadership team and consolidated some of the bank’s businesses as he grooms potential candidates for an eventual take over from him....
...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....
...Earnings at JPMorgan Chase, Bank of America, Wells Fargo and Citigroup were up 23 per cent. By contrast profits at all other institutions dropped by an average 19 per cent in the quarter....
...The Marlin Luanda is owned by a group of international investors through a company which, because the investors were advised by US investment bank JPMorgan Chase, is registered at one of the bank’s London...
...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....
...EXCLUSIVE: JPMorgan Chase’s recent flurry of acquisitions is being scrutinised by US regulators in a review that includes a $175mn deal with a founder of a start-up who was criminally charged this week with...
...Reports that the auction house’s private equity owner, Epiris, has hired JPMorgan Chase bank to gauge buyer interest remain unconfirmed, despite enquiries....
...One thing to start: JPMorgan Chase is resisting attempts by lawyers to question Jamie Dimon under oath in litigation over the US bank’s decision to retain Jeffrey Epstein as a client for 15 years, although...
...JPMorgan Chase, Citigroup and Bank of America are all contemplating cutting their investment banking bonus pools by 30 per cent, the Financial Times has previously reported....
...JPMorgan Chase rake in their fees, according to people familiar with the figures....
...The Epstein effect Newly public allegations about Jeffrey Epstein’s relationship to Jes Staley have dragged Barclays and JPMorgan Chase further into the scandal....
...He convened a virtual gathering of business leaders yesterday, including Jamie Dimon of JPMorgan Chase, Jane Fraser of Citigroup and Brian Moynihan of Bank of America, as well as Greg Hayes from Raytheon...
...TPG appoints bankers to work on IPO The private equity group, which has $96bn in assets under management, has appointed Goldman Sachs and JPMorgan Chase to work on an initial public offering....
...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....
...JPMorgan funds invested in US private prison operator’s debt Two years after JPMorgan Chase announced it would no longer finance the private prison industry in the US, the bank’s asset management arm has...
...(FT) Coronavirus digest A huge rise in US government spending will boost the world’s largest economy over at least the next two years, said Jamie Dimon, chief executive of JPMorgan Chase, in his annual...
...Others, including the banks JPMorgan Chase and Citigroup, as well as technology groups Facebook and Microsoft suspended all political donations....
...(BBG) Bracing for the buyback bonanza As put by JPMorgan boss Jamie Dimon, corporate America’s cup has “runneth over”. A record wave of share repurchase plans is on the horizon....
...Job moves Gordon Smith, a top lieutenant of JPMorgan Chase boss Jamie Dimon, is to step down from his role at the end of the year....
...JPMorgan Chase, which reports fourth-quarter earnings on Friday, is expected to lead the way with buybacks, spending about $3.2bn on its own shares by the end of March, based on analysts’ forecasts compiled...
...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....
...We revealed recently that Gorman beat JPMorgan Chase to the Eaton Vance deal....
...Banks such as PJT, Houlihan Lokey, Evercore, Lazard and Greenhill don’t have big trading and capital markets businesses like Wall Street rivals Goldman Sachs and JPMorgan Chase and were left exposed....
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