Page 3 - Jp Morgan Chase & Co's

Credit Suisse's shares need 'clarity' to halt slump, says JPMorgan

While the bank continues to get buffeted by negative newsflow on uncertainty over its strategy, clarity on its restructuring plans can help to restore stability, wrote expert in a note

US bank CEOs grilled by Congress over economy, consumer protections, Russia

JPMorgan Chase's Jamie Dimon said consumers continued to be in 'rather good shape', but there is a chance of a mild recession which could be worse depending on the course of Russia's war in Ukraine

Saudi sovereign wealth fund buys $7-bn US stocks amid recession fears

The $620 billion Public Investment Fund also added to positions it held in Facebook Inc. owner Meta Platforms Inc., PayPal Holdings Inc. and Electronic Arts Inc. in the second quarter

JPMorgan suspends buybacks, warns on global economy as Q2 profit slumps

JPMorgan Chase & Co reported a bigger-than-expected 28% fall in quarterly profit and suspended share buybacks on Thursday, as America's largest bank set aside more money to cover potential losses

We are a global bridge for India Inc: CEO JPMorgan Chase Bank (India)

'As India emerges from the pandemic, and with the robust rebound in gross domestic product, we are seeing Corporate India using this period to deleverage'

JPMorgan laying off hundreds in mortgage business after rate surge

The total affected will be more than 1,000 workers, with about half moved to different divisions within the biggest US bank, according to people familiar with the matter

Jamie Dimon says JPMorgan is bracing itself for economic 'hurricane'

Dimon said Wednesday that JPMorgan is preparing for that turbulence by being conservative with its balance sheet

Byju's in talks with lenders for $1 billion to fund acquisition plans

The Bangalore-based market leader is in talks with banks, including Morgan Stanley and JPMorgan Chase & Co., for the funding to acquire another edtech company, people familiar with the matter said

Nigeria files lawsuit against JP Morgan for disputed $1.7 billion oil deal

A London court will on Wednesday begin to hear a lawsuit launched by Nigeria against U.S. bank JP Morgan Chase, claiming more than $1.7 billion for its role in a disputed 2011 oilfield deal.

Goldman Sachs predicts Fed will raise rates five times this year

Bank of America Corp. now predicts seven rate hikes in 2022 and BNP Paribas SA forecasts six, while JPMorgan Chase & Co. and Deutsche Bank AG see five

JPMorgan's Dimon says he regrets his comment on China's Communist Party

JPMorgan's Jamie Dimon said he regretted his remarks that the Wall Street bank would last longer than China's Communist Party

JPMorgan sues Tesla over warrants, Elon Musk's 2018 tweets

JPMorgan claims the Aug 7, 2018 tweet amounted to a significant corporate transaction that allowed it to adjust the strike price

Hong Kong defends letting JPMorgan's CEO Jamie Dimon skip quarantine

Lam added that Dimon had limits placed on his itinerary, "and his entire trip was restricted. The risk is totally manageable."

Global banks' $170-billion haul marks most profitable year ever

As the dust settles over earnings season, a total profit of more than $170 billion from a dozen of the biggest firms in the past four quarters shows how far the industry has come from the frazzled ear

JPMorgan entices CEO Jamie Dimon to stick around with surprise stock award

At 65, Dimon is the only sitting bank CEO who led a major firm through the financial crisis

Record run in emerging-market currencies is now stirring worry

Meanwhile, implied volatility in developing currencies is rising for the first time in two weeks, according to a JPMorgan Chase & Co. gauge, raising hedging costs and denting the appeal of higher-yiel

Wall Street CEOs get heat from Congress over social justice, fees & wokeism

the Wall Street bosses frequently found themselves under fire from both sides of the aisle, Democrats and Republicans

Working from home 'doesn't work for those who want to hustle': JPMorgan CEO

NEW YORK (Reuters) - Working from home does not work for everyone, especially those who want "to hustle," JPMorgan Chase & Co's chief executive said on Tuesday at a conference in New York.

FTSE puts Indian govt bonds on watch for possible index inclusion

The FTSE announcement is an acknowledgment of India's efforts to liberalize its sovereign bond market

JPMorgan Chase pledges $30 billion to address racial wealth gap

(Reuters) - JPMorgan Chase & Co said on Thursday it would commit $30 billion to address racial inequality over the next 5 years, marking one of the largest corporate pledges related to race since the death of George Floyd.