The Downfall of India’s Hot Startup Is Wiping Out US Debtholders
The most valuable startup in India’s history, a tech company with Silicon Valley cachet, a charismatic founder and visions of ...
JPMorgan Chase's Jamie Dimon praises 'resilient economy' but he's wary about inflation and geopolitics
JPMorgan Chase & Co.'s Chief Executive Jamie Dimon said the U.S. economy remains "resilient" but he remains wary of inflation ...
JPMorgan issues conservative outlook on 2025 net interest income
JPMorgan Chase & Co. said it expects its 2025 net interest income to fall to about $90 billion excluding markets from its reported 2024 level of $92.4 billion. The bank said lower interest rates ...
Exclusive: Apple in talks with Barclays, Synchrony to replace Goldman in credit card deal, sources say
Apple is in talks with Barclays to replace Goldman Sachs as the tech giant's credit card partner, said two sources familiar ...
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Stock markets get boost from bank earnings, inflation data
Stock markets surged on Wednesday, buoyed by robust US bank earnings and encouraging inflation data from the United States ...
JPMorgan Chase and Goldman Sachs Post Surging Profits
Activity on Wall Street helped buoy the bank’s fourth-quarter earnings.
Why S&P 500's financials sector just booked its best day since early November
The U.S. stock market broadly climbed Wednesday, after the CPI inflation report spurred a drop in Treasury yields. The S&P 500 SPX closed 1.8% higher, while the Dow Jones Industrial Average DJIA ...
Big Banks Kick Off Earnings. Wall Street Braces for Profit Surge.
The biggest banks in the U.S. are expected to report this week that they drove far higher profits in the fourth quarter than ...
JPMorgan Chase posts record profit as the bank's massive scale pays off
The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest expenses fell 7% from a year earlier.
Jamie Dimon addresses a fresh round of CEO succession questions in an earnings call
Jamie Dimon said there is a running list of executives who could replace him as CEO of JPMorgan. The comments follow the ...
How Labor Market Tensions Are Shifting the Advantage to Employers
After commanding better salaries, benefits, and work arrangements for most of the post-pandemic period, employees see the ...
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JPMorgan Traders Notch Record Fourth Quarter On Volatility
JPMorgan Chase & Co.’s traders scored their biggest fourth-quarter haul ever, boosted by volatility tied to the U.S. elections in November. Trading revenue at the firm rose 21% from a year earlier, ...