Showing 51 - 60 of 97
With huge London footprint, US banks gird for Brexit vote
AFP, Published on 21/06/2016
» NEW YORK - Two days before Britain's referendum on breaking with the European Union, the largest US banks are preparing for a catastrophic scenario that could cost them billions of dollars.
Oil, low interest rates weigh on BofA, Wells Fargo
AFP, Published on 15/04/2016
» NEW YORK - Earnings reports from Bank of America and Wells Fargo on Thursday underscored anew the challenges facing big banks as they contend with the oil bust and persistently low interest rates.
JPMorgan earnings dip as trading slumps
AFP, Published on 13/04/2016
» NEW YORK - JPMorgan Chase reported a dip in first-quarter earnings Wednesday as revenues in key trading categories fell and it set aside additional reserves for loans in the slumping energy sector.
Wall Street tries to reset debate on activism
AFP, Published on 13/02/2016
» NEW YORK - Wall Street is hoping to reset the debate on US corporate governance following a wave of shareholder activism that has challenged many of the biggest companies.
JPMorgan chief Dimon gets 35% raise
AFP, Published on 22/01/2016
» NEW YORK - Wall Street's most prominent banker, JPMorgan Chase's chief executive Jamie Dimon, is getting a 35 percent raise this year.
Stocks battered globally, oil below $27
AFP, Published on 21/01/2016
» Global stocks suffered another rout Wednesday as US oil prices slid to fresh 12-year lows, heaping further pressure on financial markets from London and Paris to Moscow and New York.
JPMorgan Chase profits up, upbeat on US economy
AFP, Published on 15/01/2016
» NEW YORK - Bolstered by lower costs and a strong performance in consumer lending, JPMorgan Chase reported higher earnings Thursday and offered a generally upbeat appraisal of the US economy.
Bitcoin's 'blockchain' tech may transform banking
AFP, Published on 19/12/2015
» NEW YORK - The technology that drives the shadowy cryptocurrency bitcoin is drawing interest from the established banking industry, which sees a potential to revolutionize the sector.
JPMorgan earnings lifted by lower expenses
AFP, Published on 14/07/2015
» NEW YORK - JPMorgan Chase earnings edged higher Tuesday, with lower expenses making up for a mixed performance in its various lending operations.
JPMorgan earnings jump on trading and investment banking results
AFP, Published on 14/04/2015
» NEW YORK - JPMorgan Chase's quarterly earnings rose Tuesday on better investment banking and trading results and higher overall revenues.