Showing 1 - 10 of 74
Bill Gates meets Xi Jinping in Beijing
AFP, Published on 16/06/2023
» BEIJING - Microsoft co-founder and philanthropist Bill Gates met President Xi Jinping in Beijing on Friday, after his foundation pledged $50 million to help Chinese efforts to battle disease.
JPMorgan buys First Republic after regulators seize control
AFP, Published on 01/05/2023
» NEW YORK - US financial authorities seized California's troubled First Republic Bank on Monday and sold it to JPMorgan Chase, hoping to bring to a close a two-month banking crisis that has spooked the financial system.
As in 2008, JPMorgan chief plays key role in bank rescue
AFP, Published on 18/03/2023
» NEW YORK: Consulted by policymakers and able to nudge his peers into action, JPMorgan Chase CEO Jamie Dimon played a key role in a bank rescue effort this week -- a situation sparking reminders of 2008.
JPMorgan sues former exec over Jeffrey Epstein links
AFP, Published on 10/03/2023
» NEW YORK - JPMorgan Chase is suing former high-level executive Jes Staley over his ties to Jeffrey Epstein, naming him as the official involved in a sexual assault case against the firm, court filings showed.
US takes 'extraordinary' steps to avoid looming default
AFP, Published on 19/01/2023
» WASHINGTON - The US Treasury began taking measures Thursday to prevent a default on government debt, as Congress heads towards a high-stakes clash between Democrats and Republicans over raising the borrowing limit.
JPMorgan Chase says US economy still solid, but risks rising
AFP, Published on 14/04/2022
» NEW YORK: JPMorgan Chase said the US economy remains on solid footing in the short term, but warned of heightened longer-term risks due to inflation and the Ukraine war as it reported lower quarterly profits.
Hong Kong leader defends US bank head quarantine exemption
AFP, Published on 16/11/2021
» HONG KONG - Hong Kong's leader on Tuesday defended allowing the head of JP Morgan Chase to skip a three-week Covid quarantine imposed on most other visitors, saying he worked for "a very big bank".
Republican leader offers temporary fix to US debt crisis
AFP, Published on 07/10/2021
» WASHINGTON - The top Republican Senate leader on Wednesday proposed a truce to squabbling in Congress that risks pushing the United States into what the White House and industry leaders warn would be "catastrophic" debt default.
Better economy, merger boom boosts US bank earnings
AFP, Published on 14/07/2021
» NEW YORK: Profits at Goldman Sachs jumped amid a merger boom, while JPMorgan Chase's results were boosted by the impact of the recovering economy on loan quality, according to results released Tuesday.
Big US companies pushed to tally progress on racial justice
AFP, Published on 23/05/2021
» NEW YORK - The killing of George Floyd prompted a wave of promises from corporate America to advance racial equity. Nearly a year later, large US companies are under pressure to show progress on fulfilling those promises.