News on this topic
Wells Fargo Stock Slumps On Q2 Earnings Miss, $580 Million Bad Loan Provisions: Wells Fargo posted weaker-than-expected second quarter earnings Friday ...
thestreet.com/markets/wells-fargo-stock-slumps-on-q2-earnings-miss-bad-loan-provisions
JPMorgan on Thursday temporarily suspended share repurchases as profit slumped. So, what are stock buybacks? https://cnb.cx/3ICqBOF
More news on this subject
Previous
Citigroup Stock Leaps After Q2 Earnings Beat, Smaller Bad Loan Provision: Citigroup posted better-than-expected second quarter earnings Friday ...
thestreet.com/markets/citigroup-stock-leaps-on-q2-profit-beat-smaller-bad-loan-provision
Wells Fargo Stock Slumps On Q2 Earnings Miss, $580 Million Bad Loan Provisions: Wells Fargo posted weaker-than-expected second quarter earnings Friday ...
thestreet.com/markets/wells-fargo-stock-slumps-on-q2-earnings-miss-bad-loan-provisions
Gold Seen Hitting $3,000 at Citi on Investor Inflows and Fed Expectations: Gold is set to reach $3,000 an ounce over the next six to 18 months on increasing ...
bloomberg.com/news/articles/2024-04-16/gold-seen-hitting-3-000-at-citi-as-investor-inflows-juice-rally
Paid articlePaid
Citi (C) Holds Call for 125 Basis Points of Fed Rate-Cuts in 2024: Economists at Citigroup Inc. are going out on a limb by wagering that virtually everyone on ...
bloomberg.com/news/articles/2024-04-17/citigroup-says-wall-street-is-wrong-to-slash-fed-rate-cut-bets
Morgan Stanley Joins Bank Bond Bonanza with Four-Part Deal: Morgan Stanley sold $8 billion of bonds Wednesday, following its release of higher-than-expected ...
bloomberg.com/news/articles/2024-04-17/morgan-stanley-joins-bank-bond-bonanza-with-four-part-deal
Paid articlePaid
Citi Says Stretched Positioning Set to Fuel US Stock Pullback: Exposure to stocks is now so high that any weakness is likely to set off a bigger slump once ...
bloomberg.com/news/articles/2024-04-16/citi-says-stretched-positioning-set-to-fuel-us-stock-pullback
Paid articlePaid
Jamie Dimon Says 8% Rates Could Lie Ahead: J.P. Morgan CEO Jamie Dimon wrote in a letter to investors that “we are prepared for a very broad range of interest ...
barrons.com/articles/jamie-dimon-rates-inflation-jpmorgan-39ff8b86
Paid articlePaid
Quick Glance: Jamie Dimon warns of potentially prolonged high rates
- JPMorgan chief Jamie Dimon warns in his annual letter to investors of potentially prolonged higher inflation and interest rates due to high government spending.
- Dimon mentioned that the economy is being fueled by government deficit spending and past stimuli, which could lead to potentially stickier inflation and higher rates.
- Financial markets have significantly reduced their expectations for the number of expected rate cuts by the US Federal Reserve, with only two quarter-point cuts planned in 2024.
- Dimon also warns of the risks of the private credit market boom and emphasizes that regulations may increasingly focus on this market, warning of geopolitical risks due to events like Russia's invasion of Ukraine.
Wells Fargo (WFC) Sees NII Drop as Pressure from Depositors Mounts: Wells Fargo & Co. missed estimates for net interest income in the first quarter ...
bloomberg.com/news/articles/2024-04-12/wells-fargo-sees-nii-drop-as-pressure-from-depositors-mounts
Paid articlePaid
JPMorgan Opens Spigot Big Bank Bond Sales After Earnings: JPMorgan Chase & Co. and Wells Fargo & Co. sold $13.25 billion of new debt in the US high-grade ...
bloomberg.com/news/articles/2024-04-15/jpmorgan-opens-spigot-big-bank-bond-sales-after-earnings
Paid articlePaid
Goldman, Citi, JPMorgan Earnings Get Boost From Debt Issuance (GS, C, JPM): Banks are getting an earnings boost from underwriting fees as companies sell debt in ...
bloomberg.com/news/articles/2024-04-15/record-bond-sale-spree-fuels-profits-for-goldman-citi-jpmorgan
Paid articlePaid
NYC Return-to-Office Rate Nears 80%, Driven by Wall Street Banks: Wall Street firms including Goldman Sachs Group Inc. and JPMorgan Chase & Co ...
bloomberg.com/news/articles/2024-04-10/nyc-return-to-office-rate-nears-80-driven-by-wall-street-banks
Paid articlePaid
Jamie Dimon made $183 million selling JPMorgan stock. Here's how much others have made
qz.com/jamie-dimon-jpmorgan-chase-stock-jeff-bezos-leon-black-1851413941
Citi’s Muni Exit Creates Liquidity Test If Downturn Hits Market: The recent departure of Citigroup Inc., a perennial top-10 underwriter of municipal debt ...
bloomberg.com/news/articles/2024-04-16/citi-s-muni-exit-creates-liquidity-test-if-downturn-hits-market
Paid articlePaid
Citi Profit Beats as Companies, Consumers Go on Borrowing Binge: Citigroup Inc.’s profit topped analysts’ estimates as corporations tapped markets for financing ...
bloomberg.com/news/articles/2024-04-12/citi-profit-beats-as-companies-consumers-go-on-borrowing-binge
Paid articlePaid
Americans Sick of 0.01% Yields Create New Dilemma on Wall Street: Across JPMorgan Chase & Co.’s broad suite of consumer accounts, one number is just about ...
bloomberg.com/news/articles/2024-04-17/americans-sick-of-0-01-yields-create-new-dilemma-on-wall-street
JPMorgan Analysts Say Cautious Call on European Banks Was Wrong: JPMorgan Chase & Co analysts said they were wrong to be cautious on European bank stocks ...
bloomberg.com/news/articles/2024-04-16/jpmorgan-analysts-say-cautious-call-on-european-banks-was-wrong
Paid articlePaid
US Yields at 2024 Highs Lure Some Buyers Even as Shorts Dominate: The highest US yields since November are beginning to attract some opportunistic buyers ...
bloomberg.com/news/articles/2024-04-16/us-yields-at-2024-highs-lure-some-buyers-even-as-shorts-dominate
Paid articlePaid
Jamie Dimon says don't be surprised if the economy hits a wall: “We don’t really know what’s going to happen,” the JPMorgan Chase CEO said after his bank ...
qz.com/jamie-dimon-jpmorgan-chase-economy-inflation-warnings-1851405942
JPMorgan Stock Was Down After Earnings. What It Says About Banks and the Economy.
barrons.com/articles/jpmorgan-stock-down-earnings-dimon-1864648d
Paid articlePaid
JPMorgan's Kelly Hears ‘Door Slamming' on Hopes for a Fed Cut in June: CPI print delivers Fed an outcome that doesn’t fit with its guidance, he says
bloomberg.com/news/newsletters/2024-04-10/jpmorgan-s-kelly-hears-door-slamming-on-hopes-for-a-fed-cut-in-june
JPMorgan: Why Being Cautious Was Right And Still Is Right: Investors of JPMorgan who chased its recent upside were likely flabbergasted by last week's sharp ...
seekingalpha.com/article/4683801-jpmorgan-why-being-cautious-was-right-and-still-right
Paid articlePaid
BLS Economist’s Emails Show JPMorgan, BlackRock Among CPI ‘Super Users’: An economist from the Bureau of Labor Statistics corresponded on data related to a key ...
bloomberg.com/news/articles/2024-04-09/jpmorgan-blackrock-among-bls-economist-s-cpi-super-users
Paid articlePaid
JPMorgan’s Matejka Says Earnings Unlikely to Boost Lofty Stocks: Don’t bank on an upbeat corporate earnings season to drive equities higher as much of the ...
bloomberg.com/news/articles/2024-04-15/jpmorgan-s-matejka-says-earnings-unlikely-to-boost-lofty-stocks
Paid articlePaid
FOMO Is Dead. Welcome to the ‘OMO’ Stock Market.: FOMO was driving the stock market higher. Now it might be better letting the market do its thing without you.
barrons.com/articles/stock-market-earnings-boost-ok-missing-out-3494e412
Paid articlePaid
JPMorgan Hires Health-Care Banker Dass from Deutsche Bank: JPMorgan Chase & Co. has hired health-care banker Christopher Dass from Deutsche Bank AG as a ...
bloomberg.com/news/articles/2024-04-15/jpmorgan-hires-health-care-banker-dass-from-deutsche-bank
Paid articlePaid
Yen Intervention Risk Puts Focus on Fed’s Cash Pile (JPY/USD): Japanese authorities will probably need to sell Treasuries in the event they step in to support ...
bloomberg.com/news/articles/2024-04-08/fx-intervention-risk-puts-focus-on-swelling-cash-pile-at-the-fed
Paid articlePaid
JPMorgan Q1 results: Profit rises on interest income strength to $13.42 bn: The biggest US lender's profit was $13.42 billion, or $4.44 per share ...
business-standard.com/world-news/jpmorgan-q1-results-profit-rises-on-interest-income-strength-to-13-42-bn-124041200724_1.html
Vedanta Group Asks JPMorgan to Arrange $300 Million India Bond: Vedanta Ltd. has mandated JPMorgan Chase & Co. to help it raise 25 billion rupees ($300 ...
bloomberg.com/news/articles/2024-04-15/vedanta-group-asks-jpmorgan-to-arrange-300-million-india-bond
Paid articlePaid
JPMorgan Tests Limits of Whether Higher-for-Longer Rates Are Good for Banks: NII disappoints, but there is reason to expect better times later this year
bloomberg.com/news/newsletters/2024-04-12/jpmorgan-tests-limits-of-whether-higher-for-longer-rates-are-good-for-banks
The 10 best U.S. companies to work for in 2024, according to LinkedIn—Amazon is No. 2
cnbc.com/2024/04/16/the-best-us-companies-to-work-for-in-2024-according-to-linkedin.html
US Inflation Is Actually Being Driven by Higher Interest Rates, JPMorgan Says: Costlier mortgages are spilling into rent, and the Fed needs to ease up ...
bloomberg.com/news/newsletters/2024-04-08/us-inflation-is-actually-being-driven-by-higher-interest-rates-jpmorgan-says
US CPI: JPMorgan, Goldman Stock Traders Map Out a Plan for Inflation Day: Wall Street traders are rolling out their scenario analysis for how markets could react ...
bloomberg.com/news/articles/2024-04-10/jpmorgan-goldman-stock-traders-map-out-a-plan-for-inflation-day
Bank Earnings Are Here Again. Keep Your Eyes on This Metric.: Bank investors will soon get updates on how the largest U.S. lenders—JPMorgan, Bank of America ...
barrons.com/articles/jpmorgan-chase-wells-fargo-citi-bank-earnings-stock-03173241
Paid articlePaid
These Stocks Are Moving the Most Today: JPMorgan, Wells Fargo, Citigroup, Amazon, Apple, Rivian, and More
barrons.com/articles/stock-market-movers-93aaffdb
Paid articlePaid
Staples Refinancing Taking Shape as Banks Sound Out Investors: Banks including JPMorgan Chase & Co. and Morgan Stanley are gauging investor investor in a ...
bloomberg.com/news/articles/2024-04-10/staples-refinancing-taking-shape-as-banks-sound-out-investors
Paid articlePaid
Bull Case Fizzles for Big US Banks to Earn Ever-More on Lending: Investors who plowed into shares of the largest US banks in recent months ...
bloomberg.com/news/articles/2024-04-12/bull-case-fizzles-for-big-us-banks-to-earn-ever-more-on-lending
Paid articlePaid
Wells Fargo Has Highest Target for S&P 500 Index on Stock Rally Expectations: Wells Fargo Securities’ Christopher Harvey just put Wall Street’s highest target on ...
bloomberg.com/news/articles/2024-04-08/wells-fargo-is-wall-street-s-biggest-believer-in-s-p-500-rally
Paid articlePaid
JPMorgan Private Bank Taps Goldman’s Florence Kui as Head of China Market: JPMorgan Chase & Co. named Florence Kui as head of China market for its private bank ...
bloomberg.com/news/articles/2024-04-12/jpmorgan-private-bank-taps-goldman-s-kui-as-head-of-china-market
Paid articlePaid
World Economic Outlook: Why High US Rates Aren’t Tempering Growth: I’m Chris Anstey, a senior editor in Boston, and today we’re looking at why high rates aren’t ...
bloomberg.com/news/newsletters/2024-04-10/world-economic-outlook-why-high-us-rates-aren-t-tempering-growth
Big banks led by Citi continue to trim staff to cut costs: U.S. banking giants continued to shed employees in the first quarter, with Citigroup seeing the ...
reuters.com/markets/us/big-banks-led-by-citi-continue-layoffs-amid-pressure-cut-costs-2024-04-16/
Net interest income may have peaked for Wall Street banks: The flipside to higher rates is people want more for their savings, too
ft.com/content/f03585c9-b445-4299-996d-79832beef242
Disabled Wells Fargo worker says he was fired after needing to work from home: A former Wells Fargo employee is suing bank, claims he was fired after making a ...
charlotteobserver.com/news/business/article287587440.html
Why are gold bar sales surging at Costco?: Buying gold becomes more common in times of economic turmoil. With improved economic outlook in the U.S. ...
nytimes.com/2024/04/11/business/costco-gold-bars.html
JPMorgan Analysts Say Buy M&S Shares For First Time Since 2015: JPMorgan Chase & Co. analysts turned bullish on Marks & Spencer Group Plc for the first ...
bloomberg.com/news/articles/2024-04-11/jpmorgan-analysts-say-buy-m-s-shares-for-first-time-since-2015
Paid articlePaid
Wells Fargo Q1 results: Profit declines by 7%, beats market estimates: The bank's net interest income (NII) -- the difference between what it earns on loans and ...
business-standard.com/world-news/wells-fargo-q1-results-profit-declines-by-7-beats-market-estimates-124041201119_1.html
US Retirement Worries Subside as Wealth Rises: I’m Michael Sasso, an economy reporter in Atlanta, and today we’re looking at implications from flush US ...
bloomberg.com/news/newsletters/2024-04-03/us-retirement-worries-subside-as-wealth-rises
JPMorgan profits rise 6% despite $725mn regulatory charge: Bank sets aside less than expected to cover loan losses
ft.com/content/9270b202-a92d-438d-920d-31c1273c0b2a
Paid articlePaid
Stock Market Today: Dow Sinks 475 Points After JPMorgan Earnings: Stocks sold off sharply Friday on disappointing bank forecasts and speculation that Iran is ...
kiplinger.com/investing/stocks/stock-market-today-dow-sinks-475-points-after-jpmorgan-earnings
Muhammad Aurangzeb: From JPMorgan to Pakistan’s Finance Minister With No Pay: Pakistan’s new finance minister is on a mission to fix his country. To many ...
bloomberg.com/news/articles/2024-04-09/muhammad-aurangzeb-from-jpmorgan-to-pakistan-s-finance-minister-with-no-pay
Paid articlePaid
JPMorgan CEO warns interest rates could rise to 8 percent ‘or even more’: JPMorgan Chase CEO Jamie Dimon warned that interest rates could rise to 8 percent or ...
thehill.com/business/4585341-jpmorgan-ceo-dimon-warns-interest-rates-8-percent/
Wells Fargo Hires Deutsche Bank’s Barth for Leveraged Finance: Wells Fargo & Co. hired Alexandra Barth, co-head of leveraged finance at Deutsche Bank AG ...
bloomberg.com/news/articles/2024-04-09/wells-fargo-hires-deutsche-bank-s-barth-for-leveraged-finance
Paid articlePaid
Citigroup profits beat forecasts amid major overhaul: Fourth-largest US lender reports quarterly net income of $3.4bn
on.ft.com/4aJjbGk
Inflation Data, Delta, Wells Fargo, Citi, and More to Watch: Earnings reports from JPMorgan, Citi, Delta, Fastenal, and more. Plus, March inflation data ...
on.barrons.com/3vJkJB6
JPMorgan’s pivot to advertising means all companies are adtechs now: New venture has the potential to become a lucrative side hustle
ft.com/content/75a19ce5-53f2-4cd1-a509-d13db10e1fbc
Quick Glance: JPMorgan’s Advertising Pivot Turns All Companies into Adtechs
- JPMorgan enters the advertising business with Chase Media Solutions
- Google and Meta dominate the US digital advertising market
- First-party data from JPMorgan becomes a valuable asset
- JPMorgan offers advertisers targeted deals through the Chase Offers program
Costco gold bars seeing at least $100 million in monthly sales: "It only reinforces its value position," Wells Fargo said.
axios.com/2024/04/10/costco-gold-bar-sales-wells-fargo-report
JPMorgan drops first half recession call, sees 55% odds of soft landing: "The larger shift in our recent thinking, however, is about the relationship between ...
businessinsider.com/us-recession-odds-economy-outlook-soft-landing-inflation-fed-jpmorgan-2024-4
🔊 JPMorgan has identified potential replacements for CEO Jamie Dimon, paving the way for a leadership transition at the largest US bank @LananhTNguyen talks us ...
reut.rs/3VRwsbr
JPMorgan, Citi, and Wells Fargo kicked off bank earnings. Here are the highlights
qz.com/jpmorgan-chase-citigroup-wells-fargo-earnings-q1-2024-1851406317
JPMorgan May Have Found Its Footing; How To Trade It With Options: JPMorgan stock option trade can be placed for a credit of around $15, which means there is no ...
investors.com/research/options/jpmorgan-jpm-stock-option-trading/
Five Things You Need to Know to Start Your Day: Asia: Good morning. Wells Fargo becomes Wall Street’s biggest equity bull. Yellen offers China a blunt warning ...
bloomberg.com/news/newsletters/2024-04-08/five-things-you-need-to-know-to-start-your-day-asia
As US bank profits drop, focus shifts to interest income outlook: As U.S. banking giants prepare to report slightly lower first-quarter profits ...
reuters.com/business/finance/us-bank-profits-drop-focus-shifts-interest-income-outlook-2024-04-10/
Hermes Can Surpass Vuitton as Luxury’s Biggest Brand, Citi Says: Hermes has potential to surpass LVMH’s flagship Louis Vuitton in the coming years as the luxury ...
bloomberg.com/news/articles/2024-04-15/hermes-can-surpass-vuitton-as-luxury-s-biggest-brand-citi-says
Paid articlePaid
Stock market outlook: Don't bet on strong earnings to spark a rally: "The risks of interest rates spiking for the 'wrong reasons', the Fed pivot getting fully ...
markets.businessinsider.com/news/stocks/stock-market-outlook-1q-earnings-preview-interest-rate-cuts-jpmorgan-2024-4
Wall Street Takes New Role as Matchmaker to Private Credit: Banks have found another way to fight back after private lenders have grabbed ever larger pieces of ...
bloomberg.com/news/articles/2024-04-17/wall-street-takes-new-role-as-matchmaker-in-private-credit-boom
Goldman Sachs reports earnings before market open — here's what the Street expects
cnbc.com/2024/04/15/goldman-sachs-gs-earnings-q1-2024.html
Video: Jamie Dimon Has a New Vision for Money in an AI Banking World: In this episode of The Circuit with Emily Chang , the JPMorgan CEO says the tech will ...
bloomberg.com/news/articles/2024-04-17/video-jamie-dimon-has-a-new-vision-for-money-in-an-ai-banking-world
Paid articlePaid
JPMorgan, Citigroup Preferreds at 7% Offer Appeal in Rich Market
barrons.com/articles/preferred-stocks-prices-yields-cb698cf9
Paid articlePaid
Bank Stocks Mixed As JPMorgan, Wells Fargo Report: Wells Fargo, JPMorgan diverge after their quarterly reports early Friday. Citi, BlackRock ...
investors.com/news/bank-stocks-wells-fargo-blackrock-jpmorgan-earnings/
Citigroup Sees ‘Exciting Market’ for Japan Bonds After BOJ Ends Negative Rates: Citigroup Inc. is betting that Japan’s bond market revival will gather steam ...
bloomberg.com/news/articles/2024-04-03/citigroup-sees-exciting-market-for-japan-bonds-after-boj-move
Paid articlePaid
🔊 Today on Reuters World News daily podcast:
- Eclipse celebrations across North America
- JPMorgan outlines Dimon succession plan
- Trump says states ...
reut.rs/43VQkft
Is it going to crash soon? Why Tesla shares could slide by double digits according to analyst
boerse-online.de/nachrichten/aktien/kracht-es-jetzt-bald-gewaltig-darum-koennte-die-tesla-aktie-laut-analyst-zweistellig-abrutschen-20354162.html
Quick Glance: Comparing Tesla and Its Chinese Rival
- BYD surpassed Tesla in global electric vehicle sales in the last quarter of 2023, but they remain neck and neck.
- Tesla is the world's most valuable car company with a market cap of $560 billion, while BYD ranks among the top 10 automakers.
- BYD's competitive pricing has propelled its rise in the EV market, while Tesla, although cutting prices in China, remains more expensive than BYD.
- Both companies are expanding beyond their home markets, with Tesla in China and BYD in the USA and abroad.
Citi’s Montagu Says Flows Signal US Stocks Have Room to Rally: Investors appear to be showing “persistent” demand for US stocks, according to Citigroup Inc ...
bloomberg.com/news/articles/2024-04-03/citi-s-montagu-says-flows-signal-us-stocks-have-room-to-rally
Paid articlePaid
US banks set for profits boost as expectations grow of fewer Fed rate cuts: Analysts say some lenders could lift their guidance when they report first-quarter ...
ft.com/content/7cc65126-7e6d-4af3-b9ed-5fbfbb825268
JPMorgan Client Who Lost $50 Million Fortune Faces Court Setback: The family of an elderly JPMorgan Chase & Co. client who lost tens of millions of dollars ...
bloomberg.com/news/articles/2024-04-03/jpmorgan-client-who-lost-50-million-fortune-faces-court-setback
Paid articlePaid
JPMorgan Chase is about to let advertisers target customers based on their spending
qz.com/chase-bank-retail-media-network-jpmorgan-advertising-1851383865
Paid articlePaid
Quick Glance: JPMorgan Chase Launches Digital Media Business
- JPMorgan Chase has launched a new digital media business called Chase Media Solutions, allowing advertisers to target the bank's 80 million customers based on their spending data.
- The platform combines the scale of a retail media network with Chase-owned transaction data to help brands precisely target customers.
- The launch of the media business comes two years after JPMorgan acquired the marketing platform Figg. Chase Media has already designed 30-day campaigns for pilot partners such as Blue Bottle Coffee, Whataburger, and Air Canada.
- As the largest U.S. bank by assets, JPMorgan Chase is set to report its first-quarter results on April 12.
United Natural Foods Pursues Refinancing After Moody’s Downgrade: JPMorgan Chase & Co is sounding out investors to refinance organic food provider United ...
bloomberg.com/news/articles/2024-04-12/united-natural-foods-pursues-refinancing-after-moody-s-downgrade
Paid articlePaid
JPMorgan Says April Tax Season to Shed Light on Fed’s QT Path: Drawdowns from financial markets to cover this year’s tax payments bear close scrutiny as they ...
bloomberg.com/news/articles/2024-03-25/jpmorgan-says-april-tax-season-to-shed-light-on-fed-s-qt-path
Quick Glance: JPMorgan Warns of Tax Season Impact on Fed's QT Path
- JPMorgan warns of effects of tax payments on financial markets.
- JPMorgan estimates that tax outflows could impact reserves.
- Overall reserves may decrease due to tax payments.
- JPMorgan expects Fed to announce quantitative tightening program.
Best companies for career growth, including Amazon, AT&T, and Deloitte: JPMorgan Chase & Co. was at the top of LinkedIn's new company list focused on career ...
businessinsider.com/amazon-pwc-wells-fargo-best-companies-career-growth-linkedin-ranking-2024-4
These Stocks Are Moving the Most Today: Tesla, Boeing, United Airlines, JPMorgan Chase, and More
barrons.com/articles/stock-market-movers-6d279de8
Paid articlePaid
JPMorgan’s New Normal: Jamie Dimon remains confident, and cautious. Plus: Inside a matzo factory.
trib.al/KpOvtJJ
Next
New to NewsWall?
Sign up now to get your own personalized news!
Trending topics