JPM
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Dow climbs 600 points, S&P 500 pulls away from bear-market territory on relief rally
U.S. stocks were up sharply and not far from session highs Monday afternoon, bouncing back from the longest stretch of…
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JPMorgan chief Jamie Dimon has $50m bonus rejected by shareholders
JPMorgan Chase shareholders objected to a roughly $50m retention bonus for chief executive Jamie Dimon and voted against the bank’s compensation…
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Citigroup names Tom Anderson as chief compliance officer
Citigroup has named Tom Anderson as its new chief compliance officer. Anderson, who currently serves as compliance chief of Citi’s…
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Bank of America hires JPMorgan’s Rahul Bhandari for private markets push
Bank of America has poached JPMorgan’s head of private capital markets in Europe, as banks in the region battle for…
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Trading Places: JPMorgan poaches Aviva’s Singh, FCA hires ex-Goldman MD, BofA nabs Ansorg
Big hires continued apace this week, starting with Jefferies, which hiredMorgan Stanley dealmaker Richard Gostling to head up its coverage of…
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JPMorgan just promoted 45 dealmakers to MD — here are the names
JPMorgan has promoted 10 dealmakers in the City to the coveted rank of managing director, part of its annual round…
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Apollo snaps up JPMorgan’s Christine Moy in digital assets push
Private equity firm Apollo has hired former JPMorgan metaverse head Christine Moy to steer a push into the digital asset…
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JPMorgan sued by Ray-Ban for failing to catch $272m theft
The eyewear company that owns Ray-Ban and LensCrafters has sued JPMorgan, accusing it of failing to notice that thieves had…
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Plaid Co-Founder Takes Aim at Rickety Banking Tech
Lots of tech entrepreneurs who strike gold splurge on trophy homes. William Hockey bought a bank. Northern California National Bank…
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JPMorgan AM’s Kristian West: Differences between us and tech giants ‘less than you’d imagine’
JPMorgan Asset Management has for several years been placing greater emphasis on data science and analytics to give its portfolio…
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What the crypto selloff means for Coinbase, Silvergate and Riot Blockchain
The picks and shovels of the cryptocurrency world have been a worse bet lately than cryptocurrencies themselves. The cryptocurrency market…
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JPMorgan’s Jamie Dimon: ‘Is a recession possible? Absolutely’
JPMorgan’s pandemic boom ended with a 42% drop in profits and a warning: Rising inflation and the war in Ukraine pose big…
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JPMorgan Boosts Credit Reserves As Profits Tank, Jamie Dimon Warns About ‘Significant Challenges Ahead’
Topline Shares of JPMorgan Chase, the biggest U.S. bank by assets, fell on Wednesday after the firm reported earnings which…
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Stocks finish near session highs as bond yields slip and Fed’s Waller says inflation may have peaked
U.S. stocks closed near session highs Wednesday, led by the Nasdaq Composite as bond yields slipped on hopes inflation may…
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Profit down 42% at JPMorgan as Wall Street braces for pandemic reversion
JPMorgan Chase’s first-quarter profit dropped 42%, weighed down by lower Wall Street fees and higher expenses. The nation’s biggest bank…
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Citigroup rebuilds presence in Saudi Arabia
RIYADH, Saudi Arabia — When Citigroup shut down operations in Saudi Arabia after 11 September 2001, government officials here felt…
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Trading Places: All change at Credit Suisse, JPMorgan bets on private markets
Credit Suisse vice chair Severin Schwanwon’t stand for re-election at the firm’s upcoming shareholder meeting, the Swiss bank announced. Schwan, who is…
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JPMorgan CEO Jamie Dimon pockets $56m windfall as historic incentives jump
An incentive programme for JPMorgan’s Jamie Dimon has more than doubled in value over the past three years, as the chief…
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Citi, JPMorgan snap up Europe activism experts to brace for shareholder ‘Trojan Horse’
Banks in the City are bolstering their expertise advising companies on the threat of activist investors, predicting that a surge…
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XTX Markets’ Zar Amrolia steps down as co-CEO, JPMorgan’s Buehler named deputy chief
Zar Amrolia, who co-headed Deutsche Bank’s fixed income unit and led its hulking FX trading division, will leave XTX Markets next…
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Jamie Dimon says just 50% of JPMorgan’s employees will work in the office full-time
Only around half of JPMorgan’s 270,000 staff will work from the office full-time, as the US banking giant has overhauled…
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Investment advisers ‘extremely skeptical’ about first U.S. bitcoin ETF: ‘It’s a hard thing for RIAs to recommend an inferior’ crypto product
Happy Sunday! Welcome to the penultimate installment of Need to Know Crypto Edition, ahead of the launch of a new…
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American Airlines and Southwest to defy Texas ban on COVID-19 vaccine mandates as lines harden, while Minnesota becomes latest hot spot
Two of the biggest employers in Texas, American Airlines Group AAL, -3.28% and Southwest Airlines Co. LUV, -2.09%, have said…
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This development may fully reopen the global economy — and the stock market has mostly ignored it
The buzz surrounding the potential for the antiviral drug from Merck & Co. MRK, -0.43% and Ridgeback Biotherapeutics is hot…
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