Tag Archives: JPMorgan

JPMorgan agrees to pay Malaysia $330 million to settle 1MDB claims  Reuters JPMorgan pays $330M to settle Malaysian 1MDB fund scandal claims  New York Post JPMorgan to Pay $330 Million Over 1MDB Transactions  Yahoo Finance JPMorgan to pay $330mn to Malaysia to settle 1MDB claims  Financial Times JPMorgan to Pay $330 Million to Malaysia to Settle 1MDB Case  Bloomberg Source link

Investors should remain watchful as the summer comes to a close, according to JPMorgan. The stock market continues to price in a “Goldilocks scenario,” even after last week’s data, the firm said. The major averages finished last week on a high note , after the latest inflation data suggested higher pricing pressures in some parts of the economy that nevertheless …

The Federal Reserve could be getting more than another dovish vote with the appointment of Stephen Miran as governor. It could signal an intention to amend the Federal Reserve Act and diminish policymakers’ independence, according to analysts at JPMorgan. On Thursday, President Donald Trump named Miran, the chair of the White House’s Council of Economic Advisers, to fill a vacancy …

JPMorgan says it now sees four Fed rate cuts on the horizon as Trump nominates Miran to Fed  MarketWatch J.P.Morgan brings forward Fed rate cut forecast to September  Reuters Bank of America sees stagflation, not recession—and no rate cut this year. It’s because of 2 specific Trump policies  Fortune Scaramucci: 50-basis-point cut from Fed possible next month  The Hill JPMorgan predicts Fed will cut …

Trump says JPMorgan, Bank of America rejected his deposits  Politico Trumps Claims Discrimination by Banks Ahead of ‘Debanking’ Crackdown  The New York Times Trump says JPMorgan Chase, Bank of America rejected him as a customer  CNBC Trump says banks discriminate against his supporters while White House prepares order  Reuters Trump claims banks discriminate against conservatives through debanking. Here’s what that means.  CBS News Source link

Trump Says JPMorgan and Bank of America Refused His Business  Bloomberg.com Trump says JPMorgan Chase, Bank of America rejected him as a customer  CNBC Trumps Claims Discrimination by Banks Ahead of ‘Debanking’ Crackdown  The New York Times Trump says banks discriminate against his supporters  Reuters Trump says big banks have turned him away, revives discrimination allegations  The Hill Source link

JPMorgan drops 3-word verdict on Amazon stock post-earnings  TheStreet Earnings live: Amazon stock slides, with results from Palantir, McDonald’s, Disney, and Uber up ahead  Yahoo Finance Watch These Amazon Stock Price Levels After Post-Earnings Tumble  Investopedia Amazon tumbles after cloud computing growth disappoints investors  Reuters Amazon Earnings: Good Results, With AWS Still a Winner; Fear on Profitability Guidance Is Overblown  Morningstar Source link

JPMorgan Chase CEO Jamie Dimon promised employees lots of goodies at its new 270 Park Avenue headquarters to ease their pain at having to return to the office five days a week. Amenities at the $3 billion skyscraper, opening this month, include a food hall with 19 cafes, displays of art from former bank chairman David Rockefeller’s collection, and even an Irish pub. But some spoiled …

The jobs report that delivered a stunning wake-up call to Wall Street on Friday also contained a recession signal and more indications that AI is weighing on employment. Payrolls grew by just 73,000 last month, well below forecasts for about 100,000. Meanwhile, May’s tally was cut from 144,000 to 19,000, and June’s total was slashed from 147,000 to just 14,000, …

A new JPMorgan Chase branch in Charlotte, North Carolina. Courtesy: JPMorgan Chase JPMorgan Chase has built 1,000 new branches in seven years. That’s more locations than most of its competitors operate in total.  The bank is marking the milestone opening in Charlotte, North Carolina, on Thursday where Chairman and CEO Jamie Dimon is attending a ribbon-cutting ceremony. The firm has …