|Day's range||0.9200 - 0.9800|
LONDON (Reuters) -JPMorgan and Morgan Stanley are reviewing their prime broking relationships with Odey Asset Management after allegations of sexual misconduct and bullying by Crispin Odey reported by the Financial Times and Tortoise Media on Thursday, sources familiar with the matter said. "This is a rehash of an old article and none of the allegations have been stood up in a courtroom or an investigation," Crispin Odey told Reuters by phone. Referring to Morgan Stanley's plans to cut back its prime broking relationship with Odey Asset Management, he said: "That is a massively quick reaction to an allegation by the FT."
Molson Coors, JP Morgan Chase and Murphy USA are part of the Zacks Investment Ideas article.
(Bloomberg) -- A lawyer representing Charlie Javice accused the US of deploying “hide-the-ball” legal tactics in an effort to gain an advantage in its criminal prosecution of the Frank founder.Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarBonds Everywhere Suffer as Rate-Hike Fears Swamp TradersMystery Bet Before SEC Crypto Crackdown May Mint Trader MillionsRay Dalio Says US at Beginning of ‘Late, Big-Cycle Debt Crisis’Messi Spurns $400 Million Saudi Offer
(Bloomberg) -- The Goliaths of US banking are getting even bigger after a series of regional lender failures funneled assets into giants such as JPMorgan Chase & Co., according to an analysis by S&P Global Market Intelligence.Most Read from BloombergMystery Bet Before SEC Crypto Crackdown May Mint Trader MillionsThese Are the World’s 20 Most Expensive Cities for Expats in 2023Messi Spurns $400 Million Saudi Offer to Join Beckham’s MiamiFlights to LaGuardia Airport Grounded as Smoke Blankets NYCT
Higher rates, decent loan demand, inorganic growth efforts and a solid balance sheet are expected to keep aiding JPMorgan's (JPM) profits.
A group of banks including the Wall Street behemoths Goldman Sachs and JP Morgan are vying for the prized mandate to sell The Daily Telegraph and its sister Sunday newspaper. Sky News understands that the investment banks are on a shortlist to be picked by Lloyds Banking Group in the coming days to handle the sale of the titles, along with the current affairs magazine, The Spectator. Lloyds is understood to believe the titles are worth in the region of £600m.
Large-caps are well-established, have more analyst coverage, and frequently pay dividends, all undeniably significant benefits that make them so popular among investors.
Interactive Brokers' (IBKR) efforts to develop proprietary software will keep aiding profits. High costs may hurt the bottom line.
Here is how Credicorp (BAP) and JPMorgan Chase & Co. (JPM) have performed compared to their sector so far this year.
NEW YORK, June 06, 2023--Chase debuts updated offerings for homebuyers during National Homeownership Month
Former Vice President Mike Pence files paperwork to enter the 2024 presidential race, while JPMorgan CEO Jamie Dimon says he is not running for political office this year. Yahoo Finance senior columnist Rick Newman breaks down the latest
JPMorgan Chase clarified the thinking of its boss after Dimon said last week that the thought of running for public office had crossed his mind.
The comment comes after billionaire hedge fund manager Bill Ackman said last week Dimon should run for president in the next US elections.
JPMorgan's (JPM) president, Daniel Pinto, believes that loan demand is declining, and the firm's IB and markets revenues will be down 15% in the first half of 2023.
NEW YORK, June 05, 2023--J.P. Morgan Wealth Management’s Wealth Plan was recognized as Best Digital Initiative and Best Use of Technology in Wealth Management in the 2023 Banking Tech USA Awards. Since launching in December 2022, Wealth Plan has helped millions of customers make smart money decisions and plan for their goals.
The growing adoption of actively managed ETFs came as major active mutual fund providers entered the ETF fray by converting or cloning existing mutual fund strategies or adding new strategies.
JPMorgan Chase & Co. (JPM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
JPMorgan, Bank of America, Citigroup and Wells Fargo are part of the Zacks top Analyst Blog.
The aim of the project is to settle dollar trades in real time around the clock as opposed to over a matter of days and only during the working week.
It feels like we have emerged from the banking crisis of 2023, but investors are still fearful of owning bank stocks -- except for the biggest, often considered the safest. In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down two of the biggest, Bank of America (NYSE: BAC) and JPMorgan Chase (NYSE: JPM), to see which looks like the best bank stock to buy now.
The industry's top banker knows he can't be the boss "forever." How much longer will he stay, and who would replace him?
It's been quite a few months for the banking sector. Here are three top bank stocks to buy in June. Then look no further than JPMorgan Chase (NYSE: JPM), the largest bank by assets in the U.S. The bank and its fortress balance sheet can operate in just about any environment, which makes it a rarity in a cyclical sector.
(Bloomberg) -- Frank founder Charlie Javice is seeking access to JPMorgan Chase & Co. documents she says will exonerate her in the bank’s fraud suit against her, as well as in the criminal and SEC cases she’s facing.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutOil Rises After Saudis Pledge Million-Barrel Cut at OPEC+ MeetUS-China Handshake Fails to Stem Asia’s Fear of Another UkraineQatar Airways Plans for Future Without First Class on Long-HaulAmazon Is in Talks
Two of the banking industry's top executives discussed the slowdown they expect to see this year on Wall Street.