Citigroup tops profit estimates as bank benefits from rising interest rates, shares pop 8%
cnbc.com/2022/07/15/citigroup-c-2q-2022-earnings.html
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| Last Updated | Jul 15 22 |
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JPMorgan CEO Dimon says US economy is booming: JPMorgan Chase CEO Jamie Dimon expressed confidence on Tuesday in a robust U.S. economy backed by strong ...
reuters.com/markets/us/jpmorgan-ceo-dimon-says-us-economy-is-booming-2024-04-23/
Quick Glance: JPMorgan CEO Dimon Praises US Economy
- Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co., speaks to the Economic Club of New York.
- Dimon expressed confidence in a robust U.S. economy with strong employment and healthy consumer finances.
- However, he warned about the potential economic effects of rising national debt, inflation, and geopolitical conflicts.
- Dimon also discussed the need for a more harmonious relationship between lenders and regulators, as well as praised U.S. leadership and economic power.
JPMorgan’s Kolanovic Says ‘Correction’ in US Stocks Isn’t Over: The slide in US equities over the past three weeks was the start of a selloff that is likely to ...
bloomberg.com/news/articles/2024-04-22/jpmorgan-s-kolanovic-says-correction-in-us-stocks-isn-t-over
Quick Glance: JPMorgan’s Kolanovic on US Stock Correction
- JPMorgan Chase & Co.'s Marko Kolanovic warns of a deeper correction in US stocks due to rising macroeconomic risks.
- Despite temporary market stabilization from corporate results, it doesn't mean stocks are in the clear.
- Kolanovic highlights risks from high market concentration, inflation, lack of Fed rate cuts, and overly optimistic profit outlooks.
- Recommends defensive positions in his portfolio with long volatility and commodity exposure, excluding gold.
JPMorgan Is Considering Two Synthetic Risk Transfers as Market Heats Up: JPMorgan Chase & Co. is sounding out investors about a pair of large synthetic risk ...
bloomberg.com/news/articles/2024-04-24/jpmorgan-is-considering-two-synthetic-risk-transfers-as-market-heats-up
Russian Court Freezes JPMorgan Assets Under $440 Million Claim: A St. Petersburg court froze the Russian assets of JPMorgan Chase & Co ...
bloomberg.com/news/articles/2024-04-24/russian-court-freezes-jpmorgan-assets-under-440-million-claim
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Goldman Talks With Private Credit for Beyond Meat Capital (BYND): Goldman Sachs Group Inc. has held conversations with private credit lenders to help shore up ...
bloomberg.com/news/articles/2024-04-23/goldman-talks-with-private-credit-firms-for-beyond-meat-capital
JPMorgan (JPM) Trading Desk Model Flashes ‘Buy’ Signal for US Stocks: A JPMorgan Chase & Co. indicator is flashing a resounding buy signal in US stocks ...
bloomberg.com/news/articles/2024-04-24/jpmorgan-s-trading-desk-says-s-p-500-is-ripe-for-further-gains
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JPMorgan warns of need for ‘reality check’ on phasing out fossil fuels: US bank says higher interest rates, inflation and global conflict have dented outlook for ...
ft.com/content/352b38a7-f298-4b54-adc2-f4cc1b17444b
Quick Glance: JPMorgan warns of Need for 'Reality Check' on Phasing out Fossil Fuels
- JPMorgan warns of setbacks in transitioning to renewable energy due to higher interest rates, inflation, and global conflicts.
- Investment in renewable energy currently offers subpar returns, potentially leading to social unrest.
- JPMorgan forecasts increasing demand for oil and gas until 2030, highlighting challenges in transitioning to renewable energy.
- Wood Mackenzie warns of the impact of higher interest rates on transitioning to a global net-zero economy, especially for renewables and nuclear power.
Citigroup Selling Maple Bonds in First Sizable Deal Since 2015: Citigroup Inc. sold a large debt offering in the Canadian-dollar bond market for the first time ...
bloomberg.com/news/articles/2024-04-22/citigroup-selling-maple-bonds-in-first-sizable-deal-since-2015
Paid articlePaid Goldman Sachs (GS) Stock Climbs to First Record High Since 2021: Goldman Sachs Group Inc. shares rose to a record on Tuesday, eclipsing their previous closing ...
bloomberg.com/news/articles/2024-04-23/goldman-sachs-gs-shares-rise-to-notch-first-record-high-since-2021
Bond-Market ‘Washout’ Near, Setting Up a Moment to Buy, JPMorgan’s Michele Says: ‘I’m trying to hang onto all my fingers and toes and keep my discipline ...
bloomberg.com/news/newsletters/2024-04-22/bond-market-washout-near-setting-up-a-moment-to-buy-jpmorgan-s-michele-says
Dimon Meets With Development Bank Leaders Seeking Private Money: JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon met with executives from the World ...
bloomberg.com/news/articles/2024-04-21/dimon-meets-with-development-bank-leaders-seeking-private-money
Paid articlePaid Hedge Funds Turned Stock Buyers in Volatile Week, Goldman Says: Hedge funds are getting back to buying global equities, shrugging off broader market volatility ...
bloomberg.com/news/articles/2024-04-22/hedge-funds-turned-stock-buyers-in-volatile-week-goldman-says
Paid articlePaid Pullback in US Stocks Is Not Over Yet, Goldman’s Rubner Says: Brace for more declines in stock markets, warns Goldman Sachs Group Inc.’s tactical specialist ...
bloomberg.com/news/articles/2024-04-23/goldman-s-rubner-says-the-pullback-in-us-stocks-is-not-over-yet
Paid articlePaid JPMorgan's Jamie Dimon Has a Tech Rival: Silicon Valley Bank: JPMorgan and HSBC are among banks trying to capture the startup market, but the California ...
bloomberg.com/opinion/articles/2024-04-24/jpmorgan-s-jamie-dimon-has-a-tech-rival-silicon-valley-bank
Citigroup Preferred Offers 10% Yield—and Plenty of Risk
barrons.com/articles/citigroup-stock-preferred-yield-77173e19
Paid articlePaid Fed May Not Cut Interest Rates at All This Year, JPMorgan's Daniel Pinto Says
bloomberg.com/news/articles/2024-04-18/relatively-high-chance-of-no-rate-cuts-this-year-jpmorgan-s-pinto-says
Paid articlePaid 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
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Bitcoin passes $65,000 on the big 'halving' day: The top cryptocurrency is back in action, sending the whole crypto market into the green
qz.com/bitcoin-bitcoin-halving-cryptocurrency-1851421828
Paid articlePaidQuick Glance: Bitcoin 'Halving' Completed, CoinGecko Reports
- Bitcoin, the world's largest cryptocurrency, completed its 'halving' on Friday, a phenomenon that occurs roughly every four years according to CoinGecko.
- Following the 'halving', Bitcoin remained relatively stable, dropping by 0.47% to $63,747.
- The 'halving' was integrated into Bitcoin's code at its inception to reduce the rate of new Bitcoins being created.
- Experts are divided on whether the upcoming 'halving' will boost Bitcoin's price, with some viewing it as already factored in, while others remain skeptical.
DraftKings Stock Has 37% Upside, Goldman Says. It’s a Buy.: Goldman Sachs analysts initiated coverage of the online sports betting company at Buy with a price ...
on.barrons.com/3vVkanS
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
Citi (C) CEO Jane Fraser Sees Risks Poised by Insurers in Private Credit: Citigroup Inc. Chief Executive Officer Jane Fraser warned that there’s a risk to the ...
bloomberg.com/news/articles/2024-04-24/citi-s-fraser-wary-of-insurance-giants-role-in-private-credit
Paid articlePaid Former Goldman Trader Is Joining Hedge Fund SPX Capital in Singapore: Predee Anuvatnujotikul, a former trader at Goldman Sachs Group Inc. in Asia ...
bloomberg.com/news/articles/2024-04-19/former-goldman-trader-is-joining-hedge-fund-spx-capital-in-singapore
Paid articlePaid Gildan Taps Ex-Goldman Exec as Chair in Last Stand Against Activist Investor: Canadian clothing manufacturer Gildan Activewear Inc. said several directors will ...
bloomberg.com/news/articles/2024-04-22/gildan-taps-ex-goldman-exec-as-chair-in-last-stand-against-activist-investor
JPMorgan Rehires India ECM Head Abhinav Bharti in Management To and Fro: JPMorgan Chase & Co.’s India head of equity capital markets, Abhinav Bharti ...
bloomberg.com/news/articles/2024-04-24/jpmorgan-rehires-india-ecm-head-abhinav-bharti-in-management-to-and-fro
Paid articlePaid JPMorgan China names new heads of China securities unit: JPMorgan Chase & Co appoints Lu Fang to chair the board of its China securities arm ...
reuters.com/business/finance/jpmorgan-china-names-new-heads-china-investment-banking-arm-2024-04-23/
Goldman Markets New Bonds After Perpetual Notes Deal This Week: Goldman Sachs Group Inc. is marketing investment-grade bonds, just two days after issuing ...
bloomberg.com/news/articles/2024-04-18/goldman-markets-new-bonds-after-perpetual-notes-deal-this-week
Goldman Sachs, BofA shareholders reject proposals for CEO-chair split: Goldman Sachs and Bank of America shareholders voted against proposals to divide the CEO ...
reuters.com/business/finance/goldman-ceos-leadership-criticized-by-ethics-group-annual-meeting-2024-04-24/
Citigroup, Wall Street’s biggest loser, is at last on the up: Jane Fraser’s unexpected success
economist.com/finance-and-economics/2024/04/18/citigroup-wall-streets-biggest-loser-is-at-last-on-the-up
US Debt Risks Jolting Markets, Goldman Sachs President John Waldron Warns: Goldman Sachs Group Inc. President John Waldron warned that out-of-control spending ...
bloomberg.com/news/articles/2024-04-18/goldman-s-waldron-sounds-alarm-over-us-debt-jolt-to-markets
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 Morgan Stanley Hires Dealmaker Andy Lipsky From JPMorgan: Morgan Stanley has hired Andy Lipsky, JPMorgan Chase & Co.’s vice chair of investment banking ...
bloomberg.com/news/articles/2024-04-19/morgan-stanley-hiring-industrials-banker-lipsky-from-jpmorgan
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The Goldman Sachs Group, Inc. (GS) Q1 2024 Earnings Call Transcript: The Goldman Sachs Group, Inc. (NYSE:NYSE:GS) Q1 2024 Earnings Conference Call April 15 ...
seekingalpha.com/article/4683840-goldman-sachs-group-inc-gs-q1-2024-earnings-call-transcript
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 articlePaidQuick 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.
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 How JPMorgan’s Cash Call Beat Bank of America: Jamie Dimon’s bank kept much of the pandemic-era gusher of cash in money markets or at the Fed ...
bloomberg.com/opinion/articles/2024-04-22/how-jpmorgan-s-cash-call-beat-bank-of-america
Paid articlePaid Caputo Speech At JPMorgan Event Helps Propel Argentine Bonds: Argentina’s Economy Minister Luis Caputo told investors that President Javier Milei is committed to ...
bloomberg.com/news/articles/2024-04-18/caputo-speech-at-jpmorgan-event-helps-propel-argentine-bonds
Paid articlePaid Goldman’s Australia Equities Head Said to Quit to Join Jefferies: Goldman Sachs Group Inc.’s head of equities in Australia is leaving to join Jefferies Financial ...
bloomberg.com/news/articles/2024-04-22/goldman-s-australia-equities-head-said-to-quit-to-join-jefferies
Goldman’s Windfall: The Bloomberg Close, Americas Edition: Good afternoon. Here’s what you need to know to end your day.
bloomberg.com/news/newsletters/2024-04-15/goldman-s-windfall-the-bloomberg-close-americas-edition
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 Citi managing director details 'pervasive' sexual harassment in lawsuit: A Citigroup managing director said the bank failed to protect her from a supervisor's ...
reuters.com/sustainability/citi-managing-director-details-pervasive-sexual-harassment-lawsuit-2024-04-22/
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
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Goldman Sachs CIO Says Coders Should Take Philosophy Classes — Here's Why: Goldman Sachs Chief Information Officer Marco Argenti said that engineers should ...
entrepreneur.com/business-news/goldman-sachs-cio-tells-engineers-to-study-philosophy/472991
China Real Estate Crisis: Private Builders Face $553 Billion Gap to Finish Homes: Chinese private developers face a 4 trillion yuan ($553 billion) funding gap to ...
bloomberg.com/news/articles/2024-04-15/china-real-estate-crisis-private-builders-face-553-billion-gap-to-finish-homes
Paid articlePaid Golden Age For EM Bonds: Sharply rising precious metals prices and strong fiscal and monetary stances in EM bonds may provide opportunities for emerging markets ...
seekingalpha.com/article/4685594-golden-age-for-em-bonds
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 AI boom can even work on your taxes: Tax preparer Intuit’s market valuation bigger than Goldman Sachs after becoming unexpected beneficiary of AI enthusiasm
ft.com/content/76fbe701-b6ae-4b97-960b-181576b52728
JPMorgan Says Buy the Dip if India Election Volatility Hits Stocks: Investors should use any swings in Indian stocks during the weekslong election as an ...
bloomberg.com/news/articles/2024-04-18/jpmorgan-says-buy-the-dip-if-india-poll-volatility-hits-stocks
Paid articlePaid Goldman Says Trump’s China Tariff Plan Would Slow US Economy, Push Inflation Up: A steep increase in US tariffs on Chinese imports — which presidential candidate ...
bloomberg.com/news/articles/2024-04-08/goldman-says-trump-s-new-china-tariff-plan-would-slow-us-growth
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
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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
Goldman Sachs moves senior banker to Paris in post-Brexit revamp: Head of financial institutions group for Europe relocates at sensitive time for its operations ...
ft.com/content/515654f1-c3a6-496f-bdf0-b4e5cb312a74
Goldman Sachs: Continues To Offer Enormous Valuation Opportunity: Goldman Sachs' earnings surpassed expectations, whilst being undervalued. Read an analysis of ...
seekingalpha.com/article/4684873-goldman-sachs-continues-to-offer-enormous-valuation-opportunity
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
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Ex-JP Morgan exec now runs company supporting basic income programs: Wole Coaxum left his high-level job at JP Morgan to start a B Corporation that distributes ...
businessinsider.com/basic-income-payments-financial-services-jp-morgan-director-mocafi-2024-4
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
Goldman Sachs BDC: High Interest Rates Causing Increased Non-Accruals: Goldman Sachs BDC (GSBD) underperforms peers in total return, with worsened credit quality ...
seekingalpha.com/article/4685298-goldman-sachs-bdc-high-interest-rates-causing-increased-non-accruals
Paid articlePaid Goldman Sachs taps BofA bankers for India dealmaking roles, sources say: Goldman Sachs has hired two senior bankers in India to cash in on growing dealmaking and ...
reuters.com/business/finance/goldman-sachs-taps-bofa-bankers-india-dealmaking-roles-sources-say-2024-04-24/
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
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Black and Indigenous Climate Leaders Organize Against Citigroup’s Funding of Fossil Fuels
democracynow.org/2024/4/23/headlines/black_and_indigenous_climate_leaders_organize_against_citigroups_funding_of_fossil_fuels
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
Goldman to Add Dealmakers in Paris as Financial M&A Heats Up: Goldman Sachs Group Inc.’s head of dealmaking for financial institutions in Europe ...
trib.al/hOrFiMx
Goldman Boosts China Growth Forecast After Strong Manufacturing Data: Goldman Sachs Group Inc. raised its outlook for China’s economic growth this year as ...
bloomberg.com/news/articles/2024-04-10/goldman-boosts-china-growth-forecast-after-strong-manufacturing-data
Paid articlePaid Goldman Says It’s Time to Take Tech Profits and Invest Elsewhere: Goldman Sachs Asset Management is skimming off some of its profits from high-flying technology ...
bloomberg.com/news/articles/2024-04-10/goldman-says-it-s-time-to-take-tech-profits-and-invest-elsewhere
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Goldman Says South African Market ‘Tough’ Before Election: South African investors are holding off on big moves before the vote next month ...
bloomberg.com/news/articles/2024-04-18/goldman-says-south-african-market-tough-before-election
Goldman Sachs Prepares to Release Earnings After Rival Banks Set Sullen Tone: Investment bank Goldman Sachs is scheduled to release its first-quarter earnings on ...
barrons.com/articles/goldman-sachs-stock-gs-earnings-b1872d21
Paid articlePaid ‘Get Ready to Buy’ Case Emerges for Treasuries in Wake of Selloff: As yields approach 5%, income looks too tempting to pass up, Cameron Dawson says
bloomberg.com/news/newsletters/2024-04-15/-get-ready-to-buy-case-emerges-for-treasuries-in-wake-of-selloff
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 Norway wealth fund backs shareholder proposal to split Goldman CEO, chair roles: Norway's $1.6 trillion sovereign wealth fund, one of the world's largest ...
reuters.com/sustainability/boards-policy-regulation/norway-wealth-fund-backs-shareholder-proposal-split-goldman-ceo-chair-roles-2024-04-19/
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
Stock market outlook: Correction has further to go, JPMorgan says: The stock market is operating against a "problematic backdrop," and there are elevated risk ...
markets.businessinsider.com/news/stocks/stock-market-outlook-correction-sell-off-inflation-middle-east-oil-2024-4
Stock Markets Today: Europe PMIs, Goldman, Gucci, Gold: Get up to speed with what the markets are monitoring
bloomberg.com/news/newsletters/2024-04-23/stock-markets-today-europe-pmis-goldman-gucci-gold
Citi Eyes $2 Billion Debt Package for Berry, Glatfelter Deal: Citigroup Inc. and Wells Fargo & Co. are preparing a $2 billion debt package to support Berry ...
bloomberg.com/news/articles/2024-04-24/citi-eyes-2-billion-debt-package-for-berry-glatfelter-deal
JPMorgan's Jamie Dimon calls bitcoin a 'fraud' and 'Ponzi scheme' : JPMorgan CEO Jamie Dimon just launched another scathing attack on the biggest crypto and said ...
businessinsider.com/jamie-dimon-bitcoin-crypto-ponzi-scheme-fraud-currency-blockchain-jpmorgan-2024-4
Money Tree: The Bloomberg Open, Asia Edition: Good morning. Goldman jumps after a big earnings beat. Tesla plans major layoffs. And Meta wants to bring VR ...
bloomberg.com/news/newsletters/2024-04-15/money-tree-the-bloomberg-open-asia-edition
Paid articlePaid USD/NGN: Nigerian Naira Could Extend Rally to Below 1000/dollar: Goldman Sachs: Nigeria’s naira could extend gains that have already made it the best-performing ...
bloomberg.com/news/articles/2024-04-12/usd-ngn-nigerian-naira-could-extend-rally-to-below-1000-dollar-goldman-sachs
Paid articlePaid These Stocks Are Moving the Most Today: Tesla, Informatica, Salesforce, Apple, Goldman Sachs, Schwab, and More
barrons.com/articles/stock-market-movers-ec2b30c3
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