According to Charlie Gasparino, the banks may or may not see cuts next year.
Shares of Yahoo! (YHOO) are up 17 cents, or 0.4%, at $45.90, after the company this morning said it came to an agreement with Microsoft (MSFT) to amend their six-year-old agreement in which Microsoft provides the technology for Web search results and shares ad revenue wit Yahoo!. Terms of the new deal include allowing Yahoo! to [...]
By James Saft (Reuters) – If shedding its financing arm did wonders for General Electric’s stock price, maybe too-big-to-fail bank peers like Citibank and JP Morgan should consider similar moves. Not that banks will become industrials, but rather the biggest banks might get a better valuation on their earnings by becoming smaller, simpler, easier to […]
Some of the world's biggest banks, including JP Morgan, Bank of America and US Bancorp, are withdrawing from the student loan market. That's according to a series of reports over the past couple years. It couldn't come at a worse time. That...Show More Summary
JP Morgan earnings; Wells Fargo earnings; Blythe Masters is hiring; 'Nam vet denied 69 license plate; and more.
Largest US banks post rise in revenue, amid low interest-rate environment.
JP Morgan, the largest US bank, is set to report earnings for the first quarter of 2015 on Tuesday morning. Analysts polled by Thomson Reuters estimate we'll see a print of $1.38 in earnings per share (EPS) on $24.4 billion in revenue for the bank. Show More Summary
...did pretty well for themselves this last go around, particularly compared to their counterparts at JP Morgan, Morgan Stanley, BofA, and Citigroup.
The man who runs America's biggest bank can't stop worrying about tech startups. In his annual letter to shareholders this week, JP Morgan CEO Jamie Dimon warned investors and those in the banking industry that "Silicon Valley is coming." See...Show More Summary
JPM CEO warns of growing competition for Wall St. in the form of Silicon Valley start-ups.
By James Saft (Reuters) – Jamie Dimon wants credit for being smart but also wants you to believe he’s living in a banking universe populated with unicorns. The JP Morgan chairman and chief executive in his most recent letter to investors, which was also clearly meant to be read by regulators, complains that the Fed’s […]
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. JP Morgan is monitoring its employees (Bloomberg) JP Morgan has built an algorithm to keep track of rogue employees. Show More Summary
Earlier today we noted that Gregg Berman, the SEC’s HFT “investigator” whose algo investigating hilariously involved the use of a platform created by an HFT firm, will be leaving the regulator later this month. Perhaps he can give Jamie...Show More Summary
The first thing you see when opening JPMorgan Chase's annual shareholder letter is a photo of CEO Jamie Dimon looking like a regular guy (dad jeans, button down gingham-print shirt, and an oversized blazer). You've got to love Dimon's style, though. Show More Summary
JP Morgan CEO Jamie Dimon just published his annual letter to shareholders. He offers a lot of perspective on the state JP Morgan, its past, and its future. Regarding its future he offered some global context based on 10-year projections. Show More Summary
Jamie's eyes are watching you, they see your every move...and even the ones you haven't made yet.
JP Morgan is watching you; Kyle Bass targeting patents; Insider trading; "'Mrs. Doubtfire' Bank Robber Sought By Santa Cruz Police"; and more.
JPMorgan is developing a new employee surveillance program that will track whether traders are attending their compliance classes and how well they adhere to "personal trading rules" and risk limits, Bloomberg's Hugh Son reports. The...Show More Summary
By Guillermo Parra-Bernal RIO DE JANEIRO (Reuters) - Petróleo Brasileiro SA, struggling with fallout from a corruption scandal and a decline in oil prices, could release audited financial information this month despite facing "a perfect storm," analysts at JPMorgan Securities said on Tuesday. Show More Summary
Legendary Entertainment has a $600 million credit facility with JP Morgan Chase and Bank of America that matures next year, and could use cash to help fund its films. That’s why Thomas Tull’s studio is talking to the two financial services...Show More Summary