Rebalancing can fetch $230-billion inflows into world stocks this month
US consumer price data due to be released later on Thursday is expected to show the pace of annual price increases jumped to 7.9% last month from 7.5% in January
The S&P 500 fell 44.39 points, or 1.01%, to 4,340.26, the Nasdaq Composite slipped 81.87 points, or 0.60%, to 13,612.75
(Reuters) -JPMorgan Chase & Co reported a 14% fall in fourth-quarter earnings on Friday but sailed past analysts' estimates, helped by a stellar performance at its investment banking unit that offset a slowdown in its trading arm.
JPMorgan has been operating in China since 1921, the same year the Communist Party was founded there
JPMorgan cuts its fourth quarter growth forecast for China to 4.0% quarter-on-quarter from 5.0% on Friday, citing the impact of power shortages and the recurrence of COVID-19
The brokerage trimmed its iPhone revenue estimate to $63 billion for the first quarter of fiscal 2022, which would be a yearly fall of nearly 4%
(Reuters) -JPMorgan Chase & Co beat analysts' profit estimates on Wednesday, thanks to record revenue in some investment banking businesses and a sunnier economic outlook that allowed the largest U.S. bank to release money it had set aside for potential loan losses during the coronavirus pandemic.
LONDON (Reuters) - JPMorgan is challenging British rivals on their home turf with the launch on Tuesday of its long-awaited digital retail bank, Chase, as part of what the U.S. lender hopes will be a global expansion.
10 investment banks to divide fee pool; opt to go out-of-pocket
Goldman, JPMorgan cut GDP growth forecasts amid virus cases
The Indian measure is trading at 20.8 times its forward earnings estimates for the next 12 months, during which member profits are expected to grow about 44%, according to data compiled by Bloomberg
French President Emmanuel Macron inaugurated the trading hub
Morgan Stanley, JPMorgan, Bank of America, Goldman Sachs and Wells Fargo said they were hiking their capital payouts after the US Federal Reserve gave them a clean bill of health
The court proceedings mark Malaysia's continuing efforts to recover billions of dollars allegedly siphoned from 1MDB
The bank also had its corporate sustainability rating downgraded by Standard Ethics
The clubs have signed a binding agreement to commit to remaining part of the Super League for a set number of years
Goldman Sachs Group Inc., Citigroup and Bank of America have all set net-zero greenhouse-gas emissions targets in their financing activities.
(Reuters) - JPMorgan Chase & Co reported a surge in first-quarter earnings on Wednesday, as the largest U.S. bank released more reserves and was aided by a blowout quarter from its trading desks and soaring investment banking fees.
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