Today: November 14, 2024
Today: November 14, 2024

Latest From Nupur Anand

Africa|Business|Finance|US

JPMorgan CEO Jamie Dimon to visit Africa in growth push

JPMorgan Chase CEO Jamie Dimon plans to travel to Africa in mid-October in a push by the biggest U.S. lender to expand on the

JPMorgan CEO Jamie Dimon to visit Africa in growth push
Business|Economy|Finance|News|US

US borrowers get quick relief as Fed cuts rates

U.S. consumers got an immediate reprieve on borrowing costs from banks after the Federal Reserve cut interest rates on Wednesday for the first time

US borrowers get quick relief as Fed cuts rates
Business|Economy|Europe|Finance|News|US

Inside Macron's pitch meeting with Wall Street as budget woes mount

French President Emmanuel Macron has given top U.S. financiers a candid assessment of his country's financial woes, flagging the potential for

Inside Macron's pitch meeting with Wall Street as budget woes mount
Business|Economy|Finance

JPMorgan profit beats estimates on investment banking strength, higher interest income

JPMorgan Chase's third-quarter profit beat expectations as strong investment banking performance and rising interest payments offset a hit from bigger loan

JPMorgan profit beats estimates on investment banking strength, higher interest income
Business|Economy|Finance|Stock Markets|US

BofA profit beats estimates on investment banking, trading strength

Bank of America's third-quarter profit dropped as it paid more to customers to hold their deposits, but its earnings beat estimates, driven by

BofA profit beats estimates on investment banking, trading strength
Business|Finance|Stock Markets|US

Huntington Bancshares beats profit estimates on capital markets strength

Huntington Bancshares' third-quarter profit beat expectations on Thursday, as higher underwriting and wealth management fees offset a hit from bigger

Huntington Bancshares beats profit estimates on capital markets strength
Business|Economy|Finance|MidEast|Stock Markets

Bankers see tepid investments due to uncertainty over US elections, geopolitics

Questions about the direction of the United States and wars in Ukraine and the Middle East are making investors cautious, bank executives

Bankers see tepid investments due to uncertainty over US elections, geopolitics
Business|Finance

JPMorgan CEO Jamie Dimon says 'it's time to fight back' on regulation

JPMorgan Chase CEO Jamie Dimon blasted several major U.S. financial regulatory initiatives on Monday and vowed to oppose those he said would not

JPMorgan CEO Jamie Dimon says 'it's time to fight back' on regulation
Business|Election|Finance|US

US banks to gain from looser capital, merger policies under Trump

The banking industry is expected to win big as former President Donald Trump returns to the White House, ushering in Republican regulators who

US banks to gain from looser capital, merger policies under Trump
Business|Finance|Stock Markets|US

Wall Street cheers Trump's return, with some trepidation

Wall Street executives cheered the prospect of business-friendly regulations and a burst of deals as they analyzed the implications of

Wall Street cheers Trump's return, with some trepidation
Business|Election|Finance|US

JPMorgan CEO Dimon to remain at bank and has no plans to join Trump administration, source says

JPMorgan Chase CEO Jamie Dimon will remain at the bank and has no plans to join Donald Trump's administration despite questions about whether he would take a senior

JPMorgan CEO Dimon to remain at bank and has no plans to join Trump administration, source says
Business|Election|Finance|US

US banks encourage workers to vote, carving out paid time off

JPMorgan Chase, Bank of America and Citigroup reminded employees that they can take paid time off to vote in Tuesday's U.S.

US banks encourage workers to vote, carving out paid time off
Economy|Finance|US

IMF chief says higher prices are here to stay

Higher prices are here to stay, which adds to economic pain also stemming from slow growth and high debt, the International Monetary Fund's managing director,

IMF chief says higher prices are here to stay
Africa|Americas|Business|Economy|Finance|US

Jamie Dimon charts JPMorgan expansion plan into Africa

JPMorgan Chase, the largest U.S. lender, plans to enter Kenya and Ivory Coast this year and grow its footprint in Africa, CEO Jamie Dimon told

Jamie Dimon charts JPMorgan expansion plan into Africa
Finance|US

Wells Fargo branch workers in California vote against union

Wells Fargo employees at a small bank branch in Atwater, California, voted against forming a union on Thursday, making it the first Wells site to reject burgeoning

Wells Fargo branch workers in California vote against union
Business|Finance|Stock Markets|US

US bank profits to shrink on interest income, focus shifts to Fed cuts

JPMorgan Chase and Wells Fargo kick off earnings for the sector on Friday, and investors are expected to focus on the big banks' forecasts for net interest income

US bank profits to shrink on interest income, focus shifts to Fed cuts
Business|Finance|Stock Markets|US

JPMorgan's 'Jamie premium' to be tested as CEO succession looms

Questions hang over who will succeed JPMorgan Chase CEO Jamie Dimon and when, but analysts and investors say one thing is almost certain: the bank's stock will

JPMorgan's 'Jamie premium' to be tested as CEO succession looms
Business|Election|Finance|US

JPMorgan CEO Jamie Dimon opines on next US president without endorsing anyone

JPMorgan Chase CEO Jamie Dimon has outlined his wish list of leadership skills that the next U.S. president should possess, but stopped short of endorsing a

JPMorgan CEO Jamie Dimon opines on next US president without endorsing anyone
Business|Finance

JPMorgan payments chief Georgakopoulos to leave, according to memo

JPMorgan Chase's global head of payments, Takis Georgakopoulos, is leaving to pursue other opportunities, prompting the bank to install new leaders atop one of its

JPMorgan payments chief Georgakopoulos to leave, according to memo
Business|Finance|US

Wells Fargo CEO says corporate business, trading held back by asset cap

Wells Fargo CEO Charlie Scharf said on Wednesday that the asset cap imposed on the bank by regulators is curtailing its ability to take in more corporate deposits

Wells Fargo CEO says corporate business, trading held back by asset cap
Business|Finance|US

JPMorgan CEO Dimon says he'll 'do the right thing' on succession

JPMorgan Chase Chief Executive Jamie Dimon said on Wednesday he and the bank's board will "do the right thing" on succession, and warned of the dangers, particularly

JPMorgan CEO Dimon says he'll 'do the right thing' on succession
Business|Finance|Stock Markets|US

The rise and fall of Bill Hwang's Archegos Capital Management

Sung Kook “Bill” Hwang, founder of the $36 billion private investment firm Archegos Capital Management which collapsed spectacularly in 2021, arrived in court on

The rise and fall of Bill Hwang's Archegos Capital Management
Business|Finance|US

Wells Fargo investors approve executive pay, CEO underscores risk controls

Wells Fargo shareholders on Tuesday approved its plans for executive compensation with a majority vote, including hiking CEO Charlie Scharf's 2023 package to $29

Wells Fargo investors approve executive pay, CEO underscores risk controls
Business|Finance|US

Factbox-New York Community Bank's path to $100 billion club and share slide

Nearly a year ago, New York Community Bank waded into the regional bank crisis, buying up assets in failed Signature Bank, helping secure a spot in the list of

Factbox-New York Community Bank's path to $100 billion club and share slide
Business|Finance|US

Exclusive-JPMorgan begins First Republic makeover as it opens more branches

JPMorgan Chase is preparing to overhaul branches it acquired from failed First Republic Bank as the lender expands its formidable national footprint.

Exclusive-JPMorgan begins First Republic makeover as it opens more branches

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