Express News | The CNI Xiangmi Lake Fintech Index valuation of Walmart-supported fintech companies reaches 2.5 billion USD, traditional banking industry faces threats.
Bank of America Projects Q4 NII, IB & Wealth Management Fees to Rise
JPMorgan plans to hire 1,500 employees in Argentina to expand its Business.
Globe Market on December 12 | According to Bloomberg, JPMorgan plans to expand its corporate center in Buenos Aires, Argentina, by adding 1,500 employees over the next five years. The center currently employs 3,500 people. Alfonso Eyzaguirre, CEO of JPMorgan Latin America and Canada, stated that Argentina's skilled workforce, English proficiency, and alignment with the USA time zone are factors supporting the expansion. The bank also plans to develop a longer-term Real Estate strategy to accommodate the growing team.
Market Chatter: JPMorgan Chase Plans Too Hire 1,500 Employees in Buenos Aires Over Five Years
RBC Raises Price Target on JPMorgan Chase to $248 From $230, Keeps Outperform Rating
Consumer Finance Watchdog Caps Bank Overdraft Fees
Express News | The survey shows that the European Central Bank is expected to cut interest rates for the fourth time this year to support the economy.
Express News | After the incident of the healthcare giant executive being shot, executives from major companies like Goldman Sachs and Bank of America are also being "targeted," and the New York police are posting related posters.
Wall Street commodity traders' performance this year is expected to be the worst since before the pandemic
As market volatility weakens, the commodity trading business of the world's major investment banks may experience the worst year since before the outbreak of the pandemic. According to data compiled by Coalition Greenwich, the combined net revenue of more than 250 companies, including Goldman Sachs, Citigroup, and J.P. Morgan Chase, will reach 10.6 billion US dollars this year, which is nearly one-fifth less than last year's total revenue. Angad Chhatwal, head of global macro markets at Coalition Greenwich, said, “The trading boom is fading away, and revenue will drop a further 3% in 2025.” Chinese flag, tall
Citigroup & JPMorgan Expect Q4 IB and Market Revenues to Rise
Piper Sandler Maintains JPMorgan(JPM.US) With Buy Rating, Maintains Target Price $275
A Quick Look at Today's Ratings for JPMorgan(JPM.US), With a Forecast Between $254 to $275
Here's Why JPMorgan Chase (NYSE:JPM) Has Caught The Eye Of Investors
Why JPMorgan Chase (JPM) Is the Best Bank Stock to Invest in for the Long Term?
Express News | A former trader who was allegedly deceived is suing JPMorgan, claiming to have been wrongfully terminated.
Express News | JPMorgan's Liu Mingdi: With expectations of interest rate cuts from the Federal Reserve weakening, Bullish on the value of the Chinese stock market to outperform growth style in 2025.
Express News | JPMorgan economist Allan Monks: The signals from the Bank of England regarding gradual interest rate cuts have been very strong recently, indicating that the possibility of a rate cut next week is very low. However, if signs of a weakening labor market co
JPMorgan (JPM.US): Net interest income in 2025 will be better than expected.
JPMorgan stated that the net interest income for next year is expected to exceed expectations.
Trump is trending towards financial deregulation, Goldman Sachs (GS.US) cheers as the merger and acquisition market welcomes Bullish news.
During the Trump era, merger and acquisition Trades are expected to increase, and Wall Street Banks are likely to benefit.
JPMorgan: The business performance in the fourth quarter is good, and investment banking income may increase by 45% year-on-year.
On December 11, Gelonghui reported that Marianne Lake, the CEO of JPMorgan's Consumer and Community Banking division, stated that net interest income in the fourth quarter is expected to perform better, with investment banking revenue potentially recording a 45% year-on-year increase. Lake mentioned at the event that due to the strong performance of the USA economy, the group's business is active this season, with trade revenue expected to rise by a middle level of 10% to 20% year-on-year range. Lake estimated that the strong economic momentum may continue into next year, with the group's net interest income potentially exceeding current estimates by 2 billion USD next year.