GO
Loading...

JPMorgan Chase and Co

More

  • Final Glance: Banks companies Tuesday, 31 Mar 2015 | 5:58 PM ET

    Bank of America Corp. fell$. 13 or. 8 percent, to $15.39. Citigroup Inc. fell$. 12 or. 2 percent, to $51.52. US Bank fell$. 12 or. 3 percent, to $43.67.

  • His testimony came as the defense sought to show that any losses Fannie Mae and Freddie Mac suffered on the $2 billion in securities at issue were caused not by any false statements the banks made but by the collapse in the housing market. Mudd, who left Fannie Mae in 2008 following its government takeover, told a lawyer for Nomura that macroeconomic factors,...

  • Midday Glance: Banks companies Tuesday, 31 Mar 2015 | 2:47 PM ET

    Bank of America Corp. fell$. 06 or. 4 percent, to $15.46. Citigroup Inc. fell$. 05 or. 1 percent, to $51.59. US Bank fell$. 06 or. 1 percent, to $43.73.

  • *Shore Capital's equity capital markets profit up 60 pct. LONDON, March 30- In the land of the investment banking giants that stalk Europe's equity markets, a group of lesser-known advisory firms are treading on the toes of the big boys. Coming in at No.9 in terms of money raised, Cenkos has climbed above Barclays and tucked itself just behind Citigroup.

  • The first quarter is typically the strongest period of the year for investment bank income, and revenues for the top firms in the three months is likely to be up 7 percent from a year ago, analysts at JPMorgan said this week. FX volatility is up 30 percent in G7 currencies and volumes with it, and higher rates volatility is leading to higher trading volumes and...

  • Early Glance: Banks companies Tuesday, 31 Mar 2015 | 10:29 AM ET

    Bank of America Corp. fell$. 07 or. 4 percent, to $15.46. Citigroup Inc. fell$. 28 or. 5 percent, to $51.36. Goldman Sachs fell $1.03 or. 5 percent, to $189.99.

  • BEIJING— China announced plans on Tuesday to roll out its first deposit insurance in May as part of steps to make the state-owned banking industry more flexible and competitive. It said that would cover more than 99.6 percent of depositors but would exclude branches of foreign banks in China. "The introduction of deposit insurance is an important step in...

  • LONDON, March 31- After three months dominated by a rising dollar, interest rate cuts by 26 central banks and hefty equity gains, the big winner was the Chinese stock market. Investors who bought Shanghai- listed A shares at the start of the year have registered gains of 17 percent on a total return basis in dollar terms. Federal Reserve and the European Central Bank,...

  • Argentina's MSCI country index has soared by almost 30 percent, making it the star performer of the MSCI Frontier Market country indexes. Eastern Europe produced the best performers across emerging markets' MSCI country indexes, with Russia rising more than 18 percent and Hungary up more than 17 percent, as this graphic shows:. "Central Europe has benefited from...

  • NEW YORK/ LONDON, March 30- Mergers and acquisitions this year reached their highest first-quarter level since 2007, as companies defied headwinds such as currency and oil price volatility and sought growth-boosting deals amid favorable financing conditions. "The deal activity in the first quarter was driven by continuing cash accumulation at companies,...

  • LONDON/ HONG KONG, March 31- Global equity issuance rose by a fifth to $231.5 billion in the three months through March, a record high for a first quarter, as a sharp rise in secondary share sales outweighed a drop in company flotations, Thomson Reuters data showed on Tuesday. Money raised from flotations, or initial public offerings, fell a fifth to $37.2 billion,...

  • Final Glance: Banks companies Monday, 30 Mar 2015 | 5:56 PM ET

    Bank of America Corp. rose$. 21 or 1.4 percent, to $15.52. Citigroup Inc. rose$. 64 or 1.3 percent, to $51.64. Goldman Sachs rose $2.96 or 1.6 percent, to $191.02.

  • Midday Glance: Banks companies Monday, 30 Mar 2015 | 1:16 PM ET

    Bank of America Corp. rose$. 25 or 1.6 percent, to $15.56. Citigroup Inc. rose$. 78 or 1.5 percent, to $51.78. Goldman Sachs rose $3.48 or 1.9 percent, to $191.54.

  • Most active New York Stock Exchange-traded stocks Monday, 30 Mar 2015 | 1:16 PM ET

    NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. rose. 7 percent to $32.97 with 18,380,100 shares traded. Bank of America Corp. rose 1.4 percent to $15.52 with 69,493,200 shares traded.

  • *Yoox and Richemont's Net-a-Porter confirm merger talks. *Yoox shares up nearly 10 percent. PARIS/ MILAN, March 30- Italian online fashion retailers Yoox and Richemont's Net-a-Porter confirmed merger talks were under way to create a leader in the fast-growing online luxury market.

  • Early Glance: Banks companies Monday, 30 Mar 2015 | 10:56 AM ET

    Bank of America Corp. rose$. 21 or 1.4 percent, to $15.52. Citigroup Inc. rose$. 75 or 1.5 percent, to $51.75. Goldman Sachs rose $2.94 or 1.6 percent, to $191.00.

  • SHANGHAI/ BEIJING, March 30- China on Monday courted home buyers with a bigger tax break as it cut downpayment requirements for the second time in six months, stepping up a fight against sliding house prices that is imperiling the world's second-biggest economy. The People's Bank of China said on its website that commercial banks can now lower their minimum...

  • *Feb output +3.55 pct y/y, first increase since March 2013. BANGKOK, March 30- A 22- month streak of declining Thai factory output has ended, lifting hopes for an economic recovery, but a member of the country's monetary policy committee warned that the traditional growth drivers are "not really working anymore". The Industry Ministry said factory output in...

  • *FTSE 100 up 0.6 pct. ARM rose 2.4 percent, the top FTSE 100 riser, recovering after dropping 10 percent in two days last week. The broader FTSE 100 also recovered from a weekly fall, up 55.98 points, or 0.6 percent, at 6,911.00 by 0813 GMT, after dropping 2.4 percent last week.

  • BEIJING, March 30- Activity in China's factory sector likely contracted for a third straight month in March, a Reuters poll showed, reinforcing expectations that Beijing will have to step up policy easing to support economic growth that may be on the verge of dipping below 7 percent. The flash HSBC/ Markit PMI released last week showed factory activity...