Tag: JPMorgan Chase & Co
Market looking for next domino to fall
Traders work on the floor of the New York Stock Exchange.Brendan McDermid | ReutersAfter an intense few days in which the fate of ailing lender First [...]
Congress reacts to bank failure
Chairman Sherrod Brown, D-Ohio, left, and ranking member Sen. Tim Scott, R-S.C., arrive for the Senate Banking, Housing, and Urban Affairs Committee h [...]
‘This part of the crisis is over’
Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview at the JPMorgan Global High Yie [...]
First Republic Bank fails, taken over by JPMorgan
A view of the First Republic Bank logo at the Park Avenue location, in New York City, March 10, 2023.David Dee Delgado | ReutersRegulators took posses [...]
Subway reports double-digit quarterly sales growth as sandwich chain seeks buyer
In this photo illustration, a Subway sandwich is seen on a table at a Subway restaurant on January 12, 2023 in Austin, Texas.Brandon Bell | Getty Imag [...]
Bed Bath & Beyond files for bankruptcy protection
A "Store Closing" banner on a Bed Bath & Beyond store in Farmingdale, New York, on Friday, Jan. 6, 2023.Johnny Milano | Bloomberg | Getty ImagesBe [...]
This portfolio manager’s eye for income protected her fund from 2022’s tumult
Ramona PersaudSource: FidelityThe broader market suffered in 2022 as the Federal Reserve embarked on its rate-hiking campaign. Amid the tumult, the Fi [...]
Frank founder charged with fraud over $175 million JPMorgan deal
Charlie Javice, Founder/CEO of Frank, which is a college financial aid start-up.Source: JP MorganThe Justice Department on Tuesday criminally charged [...]
Solar tech company Nextracker prices above range at $24 a share in good sign for IPO market
choja | E+ | Getty ImagesThe solar technology company Nextracker priced its initial public offering just above its stated $20 to $23 per share range, [...]
Jim Cramer says not to fear bearish economic talk from bank CEOs
CNBC's Jim Cramer on Wednesday told investors that they should take gloomy economic commentary from bank executives with a grain of salt. "Don't panic [...]
Walmart, JPMorgan, GM CEOs talk about possible slowdown
General Motors CEO Mary Barra speaks during a visit of the US president to the General Motors Factory ZERO electric vehicle assembly plant in Detroit, [...]
Jamie Dimon says Ukraine war shows we still need cheap, secure energy from oil and gas
Dimon said in June that he was preparing the bank for an economic "hurricane" caused by the Federal Reserve and Russia's war in Ukraine.Al Drago | Blo [...]
Goldman Sachs warns traders of shrinking bonus pool as Wall Street hunkers down
David Solomon, chief executive officer of Goldman Sachs, speaks during the Milken Institute Global Conference in Beverly Hills, April 29, 2019.Patrick [...]
Fintech banking app Dave wants to dispel doubts after 97% stock plunge
Mobile banking app provider Dave has enough cash to survive the current downturn for fintech firms and reach profitability a year from now, according [...]
Visa says Ryan McInerney will replace Al Kelly as its next CEO
Visa named Ryan McInerney as its next chief executive on Thursday, replacing Alfred Kelly who will step down from the role, effective Feb. 1, 2023.McI [...]