JPMorgan
But Wang said this might not be the case in 2024 as the U.S. dollar is expected to benefit from forecasts shifting to a soft landing for the U.S. economy rather than a recession. “The dollar probably could remain somewhat resilient,” Wang told CNBC’s Squawk Box Asia on Wednesday. It will be the U.S. presidential […]
The dominance of the 10 biggest stocks in US equity markets is increasingly drawing similarities with the dot-com bubble, raising the risk of a selloff, according to JPMorgan Chase & Co. quantitative strategists. The share of the top ten stocks on the MSCI USA Index, including all of the so-called Magnificent Seven tech stocks, has […]
The nation’s largest banks are churning out profits as interest rates remain high, even though the lenders have had to set aside billions of dollars to replenish a deposit insurance fund that was heavily depleted by a crisis among midsize banks last spring. Profits for the fourth quarter of 2023 reported on Friday by JPMorgan […]
JPMorgan reported Epstein transactions as suspicious to the US Treasury Department, lawyer says. A lawyer for the US Virgin Islands has said that JPMorgan Chase told United States authorities it processed more than $1bn for Jeffrey Epstein over 16 years. JPMorgan reported the transactions as suspicious to the US Department of the Treasury following Epstein’s […]
JPMorgan Chase Bank is seen in New York City, U.S., March 21, 2023. REUTERS/Caitlin Ochs//File Photo Acquire Licensing Rights NEW YORK, Aug 31 (Reuters) – A lawyer for the U.S . . .
U.S. bank JPMorgan has stopped processing payments for the Russian Agricultural Bank, Russia’s Foreign Ministry said on Friday. The Russian Agricultural Bank, or Rosselkhozbank, was cut off from the SWIFT international payments system by the European Union last year following Russia’s invasion of Ukraine. According to Reuters, JPMorgan had been handling some Russian . . .
NEW YORK, May 24 (Reuters) – JPMorgan Chase & Co (JPM.N) may move forward with its lawsuit seeking to hold former executive Jes Staley liable for concealing what he knew about the disgraced financier Jeffrey Epstein, a U.S. judge ruled on Wednesday.
By William Watts and Steve Goldstein Federal Reserve is expected to deliver a quarter-point rate hike on Wednesday U.S. stocks were mostly higher Monday after the failed First Republic Bank was auctioned off to JPMorgan Chase & Co. and as investors kept their focus on this week’s Federal Reserve policy meeting.
Get Venture Ready (GVR), a program designed exclusively for African American women business owners in the Fintech or workforce development industries, recently announced a new partnership that will provide training and knowledge on the skills needed to gain access to capital. Fearless Fund, the first venture capital fund created by women of color, for women […]
NEW YORK, April 4 (Reuters) – The U.S. government on Tuesday filed criminal charges accusing Charlie Javice, the founder of the since-shuttered college financial planning platform Frank, of defrauding JPMorgan Chase & Co (JPM.N) into buying her startup for $175 million in 2021.