Submitted by Simon Black via Sovereign Man blog, Yesterday over coffee, a friend of mine leaked the news that JP Morgan’s private banking division here in Singapore is going to start charging negative interest rates. I almost fell out of my chair. Show More Summary
HSBC and JP Morgan are currently in discussions to relocate parts of their businesses from Great Britain to Luxembourg, reportedly in response to the hefty taxes they must pay related to their London-based operations. Is it just a threat, or will big tax burdens really spur multinationals to uproot their regional headquarters for more favorable tax treatment?
Spin revolving door, spin. Recently “retired” Dallas Fed chief Richard Fisher — who really, really believed that talk of falling oil prices negatively affecting the Texas economy amounted to “bull droppings” until a JP Morgan analyst...Show More Summary
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. JP Morgan is suing brokers who left for Morgan Stanley (Investment News) JP Morgan is suing a $2 billion brokerage team who left for Morgan Stanley. Show More Summary
Last week, we unexpectedly said goodbye to one of the greatest minds business has ever known. A legendary dealmaker who was without peer. Jimmy Lee, Vice Chairman of JP Morgan, tragically passed away June 17 after suffering a heart attack while running on a treadmill at his home. Show More Summary
``... no one could achieve a perfect short term trading record in a free market; that would only be possible if the market was rigged.''
What the legendary JP Morgan banker Jimmy Lee taught me
Would you ever guess that one of the VPs at JP Morgan Chase has also authored children’s books? Or that the same man is also a Grammy award-winning jazz album producer, and has written a book that is slated to be one of the top 15 business...Show More Summary
Sweatpants are often associated with sloppy style. Public Rec is a clothing startup aiming to change that with a dressed-up men's sweatpant, which the company calls the "All Day Every Day Pant." Founder Zach Goldstein told Business Insider...Show More Summary
Tesla Motors is getting a cash injection in the form a of a loan worth up to $750 million from a series banks including Bank of America, JP Morgan Chase, and Deutsche Bank. According to Tesla's SEC 8-K filing, the loan has an initial...Show More Summary
Good morning! Here's what you need to know in markets today. HSBC and JP Morgan may relocate parts of their operations to Luxembourg. HSBC and JPMorgan are in talks to relocate parts of their businesses to Luxembourg from the UK as they...Show More Summary
Earlier this week, JP Morgan CEO Jamie Dimon said that he’s not sure Elizabeth Warren — U.S. Senator, long-time corporate law professor at Harvard, chair of the panel that oversaw the 2008 bank bailouts — “fully understands the global banking system.” Warren’s response was perfect: The problem is not that I don’t understand the global […]
Jamie Dimon, the billionaire CEO of JP Morgan Chase, is concerned about Elizabeth Warren. He worries that the former Harvard Law bankruptcy professor and the senate's loudest Wall Street critic might not grasp the complexities of high...Show More Summary
When all else fails, patronize your enemy. Jamie Dimon, the billionaire CEO of JP Morgan Chase and face of Wall Street bankers, doesn’t think Senator Elizabeth Warren “fully understands the global banking system” but he’s reportedly offered to meet with her and explain a few things. Show More Summary
The JP Morgan chief is worried the senator is missing some key points.
We have been in a profit and cash flow bubble now since 2010. Free money, low wages, high margins, humongous conglomerates etc. Goldman Sachs and JP Morgan took their time […] The post The Profit Bubble…Late is the New Early appeared first on Trends... Find them, ride them and get off..
Last year I penned "Who Are The Three Biggest Data Companies In the World? 1) Google 2) the Fed 3) JP Morgan/ECB" in an attempt to illustrate what many C-suite professionals seem to be missing. That is banks are essentially in direct competition with GAFA (Google, Apple, Facebook and Amazon - the pre-eminent data companies of our time). Show More Summary