Hints and tips:
Related Special Reports
...By contrast, Bed Bath & Beyond — another retail investor darling — has warned of possible bankruptcy and on Thursday disclosed receiving a notice of default from the bank JPMorgan Chase....
...Two scoops to start, first: JPMorgan Chase spent more than a year discussing a possible deal with Discover Financial before Capital One agreed a $35bn bid for the credit card company, as the largest US bank...
...for £2.5bn (FT) Woodside and Santos call off merger talks to create Australian LNG giant (FT) Carlyle sets new profit and growth targets as private equity firm woos investors (FT) Decline of the star...
...For up-to-the-minute news updates, visit our live blog Good evening....
...Citi is a lesser player in small business lending compared with rivals such as JPMorgan Chase and Wells Fargo....
...Goldman’s earnings were hit during the quarter by a loss on the sale of home improvement lending platform GreenSky to a private equity-led consortium, and the sale of what the bank called “substantially...
...The internal JPMorgan report from 2019, filed to a New York court on Tuesday, found that “Jeffrey Epstein appears to maintain a particularly close relationship with Prince Andrew the Duke of York and Lord...
...JPMorgan Chase posted similarly average results in investment banking fees, while Bank of America beat expectations. Not everyone inspired the same amount of hope, however....
...Investors will have a clearer view of Schwab’s prospects when it pays off $31.8bn owed to the Federal Home Loan Bank. Clearing the debt will hold back earnings for a while....
...“Our view is that there’s more upside for the sector,” he added. About three-quarters of US homeowners have mortgages charging less than 4 per cent interest, according to JPMorgan Chase research....
...Goldman was among a group of banks including Citigroup and Deutsche Bank that lent $1.7bn to Columbia Property, a real estate investment trust, against seven office buildings in San Francisco and New York...
...Goldman’s return on equity, a critical measure of profitability, is forecast to be about 5 per cent for the quarter, below the 10 per cent hurdle seen as earning back the cost of capital, and well off the...
...On Monday, New York court filings from the USVI laid out the most detailed account of JPMorgan’s dealings with Epstein, including allegations that JPMorgan reimbursed former executive Jes Staley for trips...
...Rumours of her plans for the paper have been flying accordingly, New York Magazine writes....
...to sell LA Times to Jay Penske (The Intersect) Indian banks: home loan trend will help HDFC forge ahead (Lex)...
...They have struggled to compete with big Main Street lenders such as JPMorgan Chase, Bank of America and Wells Fargo. Over the past two years, BBVA of Spain sold its US retail business to PNC....
...The rescue of First Republic this week has failed to arrest a sell-off in regional bank shares, which plunged on Tuesday as investors digested JPMorgan’s takeover of the troubled Californian lender....
...The cash went towards precious inventory for the holiday shopping season, which was supposed to fuel a turnround for the home goods chain. It didn’t go as planned....
...News round-up JPMorgan plans ‘unmatched’ $15.7bn spending spree on new initiatives (FT) US bank PacWest to sell $2.6bn of loans as it slims down to core business (FT) Credit Suisse privately challenged...
...Ganieva’s monthly bank statements showed a payment from “E Trust”, with no further identification of the sender....
...Fargo, Goldman Sachs, Morgan Stanley, Bank of New York Mellon, PNC Bank, State Street, Truist and US Bank....
...Looking across loans originated for apartment assets in New York City in 2022, Signature was the second-largest lender....
...Loans from the Federal Home Loan Bank system, regarded as the lender of second-to-last resort, charges similarly elevated market rates....
...Eighteen months later, Thoma sold the business to Intercontinental Exchange, owner of the New York Stock Exchange, for over $11bn....
...Thousands of small and medium-sized banks that make up the bulk of US lenders account for about 70 per cent of so-called CRE loans, according to JPMorgan analysts....
International Edition