Tags: JPMorgan
Finance sector set to overtake tech industry as JPMorgan beats Microsoft
The financial industry is close to overtaking the tech industry according to the latest quarter reports, analysts said.
Analysis: Wall Street Refiners takes the spotlight as JPMorgan exits physical commodities
As JPMorgan Chase & Co. prepared its physical commodities trading exit, the "Wall Street Refiners" were set to be in the spotlight.
Google Shopper app is shutting down
Google planned to shut down its Google Shopper app. Google announced its plan to shut down Google Shopper app on August 30. Earlier, Google+ Local app was also shut down by the company a few weeks ahead of schedule.
No more physical commodities for JPMorgan
JPMorgan announced that it will no longer be trading in physical commodities. JPMorgan Chase & Co announced that it will no longer be trading in physical commodities.
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Apollo Global Management announced that it is exiting its real estate unit, Realogy. Apollo Global Management announced that is exiting Realogy. The private-equity firm revealed an offering to offer its remaining 25 million shares in Realogy, a real-estate company.
After conducting reviews, JPMorgan found out that it had made about 9% mistakes in more than 1000 lawsuits filed against non-payment of its credit card holders.
Ally Financial, preparing for its IPO, has dropped JPMorgan from its list of underwriters. The removal of JPMorgan Chase & Co. , from the list of underwriters for its planned initial public offering of Ally Financial Inc.
A JPMorgan report made Credicorp a top pick amid continued Peruvian economic growth. According to a JPMorgan Chase & Co. report, Credicorp Ltd. , the Lima-based parent company of Banco de Credito del Peru, may gain up to 32% by the end of this year as the Peru's economy continue to grow.
JPMorgan have started buying South Korean Equities due to their current valuations. JPMorgan Asset Management and Charlemagne Capital Ltd. have started to buy South Korean equities after they are said to be at their lowest valuations since 2009.
According to J.P. Morgan, Dubai Holding could earn about US$1 billion by selling its minority shares in two telecom firms.
The CFTC would be conducting a formal meeting to discuss its new rule on swaps. The US Commodity Futures Trading Commission (CFTC) announced for a formal meeting on July 12 to discuss how new rules apply abroad.
JPMorgan Asset Management Inc. said that Africa is experiencing a strong growth over its sovereign wealth funds worldwide.
JPMorgan amended its offer to shareholders of Technicolor. JPMorgan amended its offer to shareholders of Technicolor, the troubled French digital video specialist, to outpace a rival bid by private equity investor Vector Capital.
A planned cash injection into French set-top box maker Technicolor SA (TCH.PA) hit a snag on Monday as the group said it had rejected a higher offer from an investment fund.




