Showing 1-10 of 74 results
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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.
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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.
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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.
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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.
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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.
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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.
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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".
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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.
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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.
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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.
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