JPMorgan amasses deposits as customers move money to largest U.S. bank
By Mehnaz Yasmin and Niket Nishant (Reuters) – JPMorgan Chase & Co on Friday reported a surge in deposits in the first quarter, as the sudden collapse of two U.S.…
By Mehnaz Yasmin and Niket Nishant (Reuters) – JPMorgan Chase & Co on Friday reported a surge in deposits in the first quarter, as the sudden collapse of two U.S.…
By Marc Jones LONDON (Reuters) – Turkey’s lira is likely to drop sharply and could near 30 to the dollar following next month’s elections, bankers at JPMorgan have predicted, if…
ZURICH (Reuters) – UBS has hired JPMorgan to explore a possible IPO of Credit Suisse’s domestic business, Zurich based finance blog Inside Paradeplatz reported on Thursday. Last month UBS agreed…
JPMorgan Boss Warns That Banking Crisis Will Have Consequences ‘For Years To Come’ Jason Cohen on April 4, 2023 JPMorgan Chase CEO Jamie Dimon said in his annual shareholder letter…
By Marc Jones LONDON (Reuters) – Europe’s banks face less threat from some of the problems now showing in the commercial real estate markets than their U.S. counterparts, analysts at…
By Nupur Anand New YORK (Reuters) – JPMorgan Chase & Co analysts estimate that the “most vulnerable” U.S. banks are likely to have lost a total of about $1 trillion…
LONDON (Reuters) – JPMorgan’s strategists ratcheted up the investment bank’s “underweight” recommendation on equities on Wednesday and urged switching into cash following the market rout caused by Silicon Valley Bank’s…
(Reuters) – U.S. private bank First Republic Bank said on Sunday it had secured additional financing through JPMorgan Chase & Co, giving it access to a total of $70 billion…
By Niket Nishant (Reuters) – JPMorgan Chase & Co is cutting ties with Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, according to a source familiar with the…
(Reuters) – JPMorgan Chase & Co has named Keith Canton as the new head of Americas Equities Capital Markets (ECM) group, an internal memo seen by Reuters showed on Wednesday.…
(Reuters) – Trading in new near-dated U.S. options contracts can supercharge volatility in U.S. stocks, potentially leading to tremendous intraday declines, analysts at JPMorgan said. The U.S. equity options market…
By Jonathan Stempel NEW YORK (Reuters) – JPMorgan Chase & Co should disclose more about Chief Executive Jamie Dimon’s role in business decisions related to Jeffrey Epstein, the U.S. Virgin…
(Reuters) – JPMorgan Chase & Co, the largest U.S. bank by assets, is expecting a nearly 20% drop in banking revenue in the first quarter, Chief Financial Officer Jeremy Barnum…
NEW YORK (Reuters) – Ukrainian President Volodymyr Zelenskiy met with bankers from JPMorgan Chase & Co last week to get their advice on rebuilding the country and weathering the financial…
(Reuters) – JPMorgan Chase & Co has cut hundreds of mortgage employees, a source familiar with the matter told Reuters on Wednesday, hours after the company announced plans to hire…
SINGAPORE (Reuters) -India’s Adani group of companies, which in recent weeks has seen a brutal selloff in its bonds and shares after being targetted by a U.S. short-seller, is still…
By Naomi Rovnick LONDON (Reuters) – Most traders believe global inflation has peaked, while potential recession has emerged as the main risk to markets this year, according to a survey…
(Reuters) – J.P.Morgan said the UK economy was expected to contract by 0.1% this year, revising it from the previously forecast 0.3% decline in the gross domestic product (GDP), buoyed…
(Reuters) -JPMorgan Chase & Co Chief Executive Officer Jamie Dimon’s total compensation for 2022 was unchanged at $34.5 million, the bank said on Thursday. Dimon’s total compensation will include an…
(Reuters) – JPMorgan Chase & Co has set aside at least $10 billion to back its foray into the world of direct lending, a person with knowledge of the matter…
(Reuters) – JPMorgan Chase & Co Chief Executive Officer Jamie Dimon expects interest rates to go beyond 5% as inflation remains high, he said in an interview with CNBC on…
LONDON (Reuters) – Investment bank JPMorgan ramped up its forecast on Thursday for how high euro zone interest rates will go to 3.25% from 2.50%, after the European Central Bank…
By Andres Gonzalez LONDON (Reuters) – A group of five banks including JPMorgan, Citi and BNP Paribas are among the investors who backed an overall $24 million fundraising for risk…
JPMorgan Strategists Predict Stock Plunge, Recession As Early As First Half Of 2023 John Hugh DeMastri on December 1, 2022 Strategists at JPMorgan Chase predicted a recession as soon as…
(Reuters) – JPMorgan Chase & Co, Bank of America Corp and Citigroup Inc are all weighing plans to cut bonus pools for their investment bankers by as much as 30%,…