Hints and tips:
Related Special Reports
...Nuctech was created in the late 1990s as a spin-off from China’s elite Tsinghua University to manufacture large security scanners for shipping containers and railway cars, as well as luggage scanners and...
...A senior manager at an SK Hynix factory in China said it was “well aware that permission to ship equipment to China can be withdrawn by the US”, making it reluctant to sell off second-hand stock....
..., and obtaining human data through equipment and services without informed consent....
...JPMorgan Chase, Bank of America, Wells Fargo and Citigroup collectively made $253bn in net interest income (NII) for the whole of 2023 — a 19 per cent jump from 2022’s total....
...It has a new chief executive in the form of the well-respected Ken Gilmartin. But investors have long memories, argues Jefferies analyst Mark Wilson....
...Rather than booming, trade ties between Russia and China may well be catching up from an abnormally low base....
...Organisers say that workers at several of Wells Fargo’s corporate offices are also interested in forming unions. The votes cover a very small fraction of Wells Fargo’s overall workforce....
...Bank of America, Barclays, Citigroup, Jump Trading, JPMorgan Chase, Morgan Stanley, Tower Research Capital and Wells Fargo are also investing in FMX....
...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...
...Its price to book value of nearly 3 times trumps that for mortgage-heavy Wall Street banks like JPMorgan, Bank of America and Wells Fargo. But Rocket doesn’t have appreciably higher return on equity....
...A version of this article was first published by Nikkei Asia on April 19 2024. ©2024 Nikkei Inc. All rights reserved....
...Several banks, including Barclays and Wells Fargo, have partnered with asset managers to establish a toehold in private credit....
...Meta founder Mark Zuckerberg made considerable efforts a decade ago to reverse a Chinese ban on Facebook, learning Mandarin to speak to President Xi Jinping and taking his team on a well-publicised jog through...
...Despite this, in recent days executives from the country’s four largest banks — JPMorgan Chase, Bank of America, Citigroup and Wells Fargo — said during earnings calls that consumers were resilient....
...Last week, Wells announced that it had hired Thomas Nides, a former top executive at Morgan Stanley, to be its new head of public affairs. Related and Wells Fargo declined to comment....
...Fargo and JPMorgan....
...Wells Fargo has partnered with asset manager Centerbridge to launch a $5bn private credit fund that will lend to midsized US companies, as banks race to find a toehold in the rapidly growing private credit...
...Trading on a total enterprise value 7.7 times forward ebitda on capital IQ data, the chain comes in at a sharp discount to the branded sportswear stablemates as well as US peer Planet Fitness....
...Wells Fargo alone said it spent more than $1bn on unexpected job cuts in the fourth quarter....
...Rising delinquencies as well as faltering retail sales growth will add to the pressure....
...A version of this article was first published by Nikkei Asia on March 6. ©2024 Nikkei Inc. All rights reserved....
...The group said the payments covered “appropriate home security systems”, as well as security consultancy and other services.JPMorgan chief executive Jamie Dimon received $150,645 “for the cost of residential...
...Either way, the resultant pops may well leave UK shareholders feeling a little peeved: stock splits are few and far between in Britain....
...But Citi’s profit rise still trailed gains at rivals JPMorgan Chase and Wells Fargo, and executives warned of a weakening consumer economy....
...The company said major layout changes would not be necessary, but some extra equipment such as cleaning machinery and for mask production would be needed....
International Edition