JPMorgan extends Venezuela’s ‘watch period’ in benchmark bond index
NEW YORK/LONDON (Reuters) – JPMorgan has delayed a key decision on whether to lift the weighting of Venezuela’s bonds in its widely-followed EMBI index series by a month, with the…
NEW YORK/LONDON (Reuters) – JPMorgan has delayed a key decision on whether to lift the weighting of Venezuela’s bonds in its widely-followed EMBI index series by a month, with the…
By Nupur Anand and Lananh Nguyen NEW YORK (Reuters) – JPMorgan Chase shuffled executives on Thursday to give them more experience running different businesses as Wall Street focuses on succession…
By Lewis Krauskopf NEW YORK (Reuters) – Assets in money market funds are rising to start the year, challenging some expectations that investors are set to pour cash on the…
By Nupur Anand NEW YORK (Reuters) – JPMorgan Chase’s integration of failed First Republic Bank is going according to the plan as it looks to retain customers and build on…
By Nell Mackenzie LONDON (Reuters) – Trend-following hedge funds began December in bullish mood, buying U.S., European and Japan stocks, a prime brokerage note from JPMorgan said. The S&P 500…
(Reuters) – JPMorgan bought a 10.6% stake in Spanish defence systems maker Indra, the stock market regulator said on Thursday. Following the transaction, JPMorgan has become the second-largest shareholder after…
By Lewis Krauskopf NEW YORK (Reuters) – J.P. Morgan equity strategists on Wednesday issued a dour outlook for U.S. stocks for the year ahead, pointing to weak expected earnings growth,…
By Nupur Anand NEW YORK (Reuters) – JPMorgan Chase President and Chief Operating Officer Daniel Pinto said he expects its Chase UK consumer bank to break even in the next…
By Nupur Anand NEW YORK (Reuters) – Mid-sized U.S. businesses owned by minorities have untapped revenue potential worth $1.3 trillion annually, JPMorgan Chase found in a study on a segment…
By Marc Jones LONDON (Reuters) -Israel’s war with Hamas in Gaza will lead to a larger-than- expected budget deficit next year, investment bank JPMorgan said on Wednesday, adding that the…
LONDON (Reuters) – Strategists at JPMorgan have advised opening a ‘short’ position in European banks, and moved the sector from ‘neutral’ to ‘underweight’, they said in a note published on…
By Jonathan Stempel NEW YORK (Reuters) – JPMorgan Chase’s $290 million class-action settlement with Jeffrey Epstein’s accusers has drawn an objection from many U.S. states, which say the accord could…
(Reuters) – The conflict in the Middle East will have “ripple effects that extend far beyond the region”, JPMorgan Chase’s CEO Jamie Dimon warned in an internal memo to employees…
SANTIAGO (Reuters) – Chile’s Codelco, the world’s largest copper producer, will meet its financial obligations despite headwinds from a series of operational problems and from high levels of debt and…
MUMBAI (Reuters) – India’s inclusion in the JPMorgan emerging market debt index shows their confidence in the Indian economy, the country’s economic affairs secretary Ajay Seth told reporters on Friday.…
NEW YORK (Reuters) – After big gains for the U.S. stock market this year, equity valuations could come under pressure from high interest rates, based on historical relationships, JPMorgan strategists…
LONDON (Reuters) – JPMorgan doubled its Turkish rate-hike forecasts for the coming months on Thursday, predicting that fiscal spending plans and higher inflation would see them go up by another…
LONDON (Reuters) – Higher-than-expected inflation data for August published on Monday prompted JPMorgan to revise its year-end inflation forecast to 65% from 62% with the annual rate now expected to…
By Tatiana Bautzer NEW YORK (Reuters) – JPMorgan Chase & Co has increased its stake in Brazilian digital bank C6 to 46% from 40%, the banks said in a statement…
LONDON (Reuters) – Japan’s threshold for currency market intervention on the yen is likely to be around 150 per dollar, investment bank JPMorgan’s analysts said on Monday. “We think that…
NEW YORK (Reuters) – JPMorgan Chase and the U.S. Virgin Islands traded new accusations this week in legal filings over their relationships with the late disgraced financier Jeffrey Epstein. The…
By Marc Jones LONDON (Reuters) -JPMorgan ramped up its 2023 global emerging market corporate high yield (HY) default rate forecast to 9.7% from 6% on Tuesday following the latest wave…
(Reuters) – An analyst at Fitch Ratings warned that U.S. banks, including JPMorgan Chase, could be downgraded if the agency further cuts its assessment of the operating environment for the…
(Reuters) – JPMorgan’s chief economist said on Friday the bank is no longer forecasting a U.S. recession this year and has raised its economic growth estimate as the economy expands…
LONDON (Reuters) – Wall Street bank JPMorgan revised both its growth and inflation outlooks for Turkey upwards after the central bank delivered a smaller-than-expected interest rate hike on Thursday. JPMorgan…