JPMorgan Pulls out of Share Sale by Chinese Firm ; Bank Is Subject of Inquiry for Hiring the Children of Government OfficialsAs the United States steps up an investigation into hiringpractices in China, the bank abandoned...Gough, Neil
In the summer of 2016, JPMorgan Chase & Co. CEO Jamie Dimon said his firm could give clients a free, automated investment service as part of a future bundle of digital-banking products. Well, he just revealed the bank is following through on that promise and building one. SEE ...
Today, JPMorgan (JPM) is using its capital and scale to build an entirely digital bank. This is in part because customers no longer need to rely on banks for financial services — 60% of US bank customers say they are willing to try a financial product from a tech firm they already us...
JPMorganChase works with non-profit organisations to support disadvantaged students from secondary school onwards. “We need to interact very early in their education long before they make crucial GCSE subject choices,” says Macpherson. “We need to spark an interest. They need to see role models...
Growing strength in the markets businesses also sustains the primary capital markets activities that are the traditional yardstick of investment banking success. And while the specialist advisory boutiques may still describe JPMorgan as a financing firm that doesn’t have many true M&A stars, that’s...
According to JPMorgan analyst Zach Parham, SM Energy is still at the beginning of good times for investors. Backing his view, he writes, “SM looks to keep its high-performing rigs and frac crews busy, which we think was viewed more favorably vs a raise driv...
In 1973, the investment firm Lipson and Roundtree created two total-return indexes focused on U.S. bonds: the US Government Index and the US Investment Grade Corporate Index.8These indexes were designed to provide a comprehensive measure of the performance of the US bond market, which was lack...
JPMorgan Chase must pay the legal fees for Frank founder Charlie Javice in her defence against a lawsuit from the US banking group, which has alleged she defrauded the company when it paid $175mn to acquire her financial aid start-up. A Delaware court on Monday ruled JPMorgan was obliged...
JP Morgan Chase Merrill Lynch Morgan Stanley TD Bank UBS Standard Chartered Bank3 Bullion Trading and Lending When a central bank lends gold to bullion banks, it receives the cash equivalent of the gold. The central bank lends this money on the market at a lease rate known as the Gold Forw...
Mr. Leung has extensive experience in financial services, including chairman of Greater China Region of Blackstone Group, chairman of Asia for JP Morgan Chase and head of Private Banking for Asia, Investment Banking, Treasury Department and Great China Region of Citi. Mr. Leung has also served ...