Weather New York, NY +68°F

JP Morgan

US Investment Banking Returns To Spotlight

US Investment Banking Returns To Spotlight

The banking investments in U.S. have made a come back. Their patience is now rewarded. JP Morgan and Citi standout this third-quarter.

Read Full Article

Financial Sector Led Rally in Wall Street as Global Stocks Peaked to Highest Level

Wall Streel indexes continued to stay in positive territory as financial sector was catching up. Global stock market responded and climbing to the highest level in 2016.

Read Full Article
U.S. Banks Post Near-Record Profits In Second Quarter Of 2014

JP Morgan Predicted a Fall in Profits for Investment Banks This Year

A research conducted by JP Morgan analysts revealed that global investment banks would suffer a fall in profits this year. The fall could differ between regions, but average earnings are estimated to be down by 20 percent and revenues by 21 percent. Challenging economic environment is believed to negatively affect the global investment markets.

Read Full Article
Fortune Global Forum - Day 3

JP Morgan's CEO purchase $26 million worth of his own company's shares

Jamie Dimon, chairman and chief executive officer of JP Morgan Chase & Co, spent $26 millions to buy shares of his bank on Thursday. The share purchase is translated as good sign by other investors as the shares climbed by 2 percent after the news broke out to the public.

Read Full Article
Nestle Seeks Acquisition Of Dreyer's Ice Cream

Nestle to acquire food-maker Osem Investments for $840 million

Nestle has decided to acquire the remaining stake of 36.3% in Osem and take the Israeli food company fully private. An offer of $840 million has been made to buy out the shares, and a shareholder meeting has been scheduled in March which should reveal the final decision arrived at by the company.

Read Full Article
U.S. Treasury Department And USAID Host Financial Inclusion Forum

JP Morgan CEO gets increase of 35% to $27M

JP Morgan’s CEO James Dimon received $27 million in total compensation, of which the majority was in performance-based restricted stock and the rest as cash bonus and salary. This structure has been mainly designed to appease the shareholders who had frowned upon the fact that the CEO’s pay does not depend on his performance.

Read Full Article
Mike McCue

Flipboard raises new $50M fund for expansion - reports

Popular news-reading app Flipboard has raised $50 million from a sole investor to boost manpower and infrastructure, reports say.

Read Full Article
The Elderly

Charterhouse eyes possible $1.1 billion sale of UK medical company Tunstall

British private equity firm Charterhouse [CHCAP.UL] is working with JP Morgan (JPM.N) on options for healthcare company Tunstall, in a deal which could value the company at up to 700 million pounds ($1.1 billion), a source familiar with the matter said on Tuesday.

Read Full Article
U.S. Federal Reserve

Fed meeting seen as chance to nudge markets on rate hike timing

As the Federal Reserve's policy-setting committee wraps up its third meeting of the year, a critical task awaits the U.S. central bank: narrowing the wide gap between how it and the markets view the path of interest rates.

Read Full Article
Deutche Post

Deutsche faces tough task paring back retail, investment banking

If running a global bank is complicated, cutting one back is even more difficult. Deutsche Bank (DBKGn.DE) faces a long and costly battle, analysts say, to sell Postbank (DPBGn.DE) and pare investment banking, the new strategic goals it outlined late on Friday.

Read Full Article
Goldman Sachs

Goldman climbs to top commodity bank ranking over JP Morgan LONDON

Goldman Sachs became the top commodities bank last year, overtaking rival JP Morgan, a consultancy said on Friday.

Read Full Article
Tidjane Thiam

Credit Suisse replaces CEO Dougan with Prudential's Thiam

Credit Suisse (CSGN.VX) is bringing in Tidjane Thiam, the head of British insurer Prudential (PRU.L), as its new chief executive to help drive the Swiss bank's push into wealth management in emerging markets.

Read Full Article
Greece

Greek bank deposit outflows rose to 3 billion euros last week: JP Morgan

Deposit outflows from Greece's banks rose last week to around 3 billion euros, according to JP Morgan estimates, ahead of Friday's last-minute aid extension agreement with the country's euro zone creditors.

Read Full Article
BNP Paribas

BNP asks other banks for help as dollar clearing ban nears

BNP Paribas has asked at least three banks to help it clear certain energy transactions in U.S. dollars next year to make sure it can keep its energy trade finance division operating after a ban imposed for violating U.S. sanctions, sources said.

Read Full Article
BNP Paribas

Global banks join hands to set up one-stop bond shop: WSJ

A group of 12 global banks are working together to set up a one-stop bond shop for buyers and sellers of corporate bonds, the Wall Street Journal reported, citing people familiar with the matter.

Read Full Article
1 2 3 4

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics