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Commercial real estate foreclosures jumped 117% in March as trouble looms: A new report from ATTOM shows there were 625 U.S. commercial real estate foreclosures ...
foxbusiness.com/economy/commercial-real-estate-foreclosures-jumped-march-trouble-looms
Commercial real estate foreclosures jumped 117% in March as trouble looms
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Citizens reports fast progress in building its private bank: The Providence, Rhode Island, company is having discussions with private wealth management teams ...
americanbanker.com/news/citizens-reports-fast-progress-in-building-its-private-bank
Citizens reports fast progress in building its private bank
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AI could be as consequential to the economy as electricity, says Jamie Dimon: Jamie Dimon believes artificial intelligence will have a huge impact on global ...
cnn.com/2024/04/08/investing/jamie-dimon-shareholder-letter-ai-future/
AI could be as consequential to the economy as electricity ...
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.
Profile picture of Quartz
'Net interest income' has Wall Street worried right now. Here's what it is and why it matters
qz.com/net-interest-income-nii-bank-earnings-fed-interest-rate-1851416810
'Net interest income' has Wall Street worried right now. Here's what it is ...
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What to expect from bank earnings as high interest rates pressure smaller players
cnbc.com/2024/04/11/bank-earnings-high-interest-rates-set-to-pressure-small-players.html
What to expect from bank earnings as high interest rates pressure smaller ...
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A Century-Old Lending Lifeline for Troubled Banks Has a Major Flaw. The Fed Wants to Fix It.
on.wsj.com/49Om1J0
A Century-Old Lending Lifeline for Troubled Banks Has a Major Flaw ...
Profile picture of Ostsee-Zeitung
Mystery about Bayer Leverkusen: Why do the fans sing SVB?: During Bayer Leverkusen's championship, the abbreviation SVB could be read again and again ...
rnd.de/sport/raetsel-um-bayer-leverkusen-warum-singen-die-fans-svb-UYOJKDSV4JHD5PBYE7SH24FFWA.html
Mystery about Bayer Leverkusen: Why do the fans sing SVB?
Profile picture of The Advocate
This Louisiana index fell short of Wall Street. Here's why.: A slide in Louisiana bank stocks caused the companies that make up the Pelican State Portfolio to ...
theadvocate.com/baton_rouge/news/business/dip-in-bank-stocks-causes-louisiana-index-to-fall-short/article_00516b7c-f8f1-11ee-86b9-0b8120722b20.html
This Louisiana index fell short of Wall Street. Here's why.
Profile picture of El País
The payment of more interest on deposits hurts the bottom line of large US banks: The profit of the six main entities falls 3% in the first quarter despite the ...
english.elpais.com/economy-and-business/2024-04-17/the-payment-of-more-interest-on-deposits-hurts-the-bottom-line-of-large-us-banks.html
The payment of more interest on deposits hurts the bottom line of large US ...
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Table tennis women of SV Böblingen - A worthy conclusion after 25 years of the Bundesliga
szbz.de/nachrichten/artikel/wuerdiger-abschluss-nach-25-jahren-bundesliga
Table tennis women of SV Böblingen - A worthy conclusion after 25 years of ...