US Banks Quarterly: Goldman, JP Morgan, Citi, Blackrock, Wells Fargo Beat Expectations with Profit Showers
Major US banks officially open earnings season with record numbers that beat analysts' expectations. Stocks rise sharply
US Banks, Wall Street Bigs Sue Fed: “Non-Transparent Stress Tests”
From Goldman Sachs to JPMorgan and Citigroup, Wall Street bigwigs are blaming the Federal Reserve for its lack of transparency in the stress test process. What role will the Trump administration play?
US Banks Quarterly Results: Here's Who's Going to Have the Lowest Profits Since 2022 Due to the Fed Rate Effect. Starting with Jp Morgan and Wells Fargo
For US banks that are more closely tied to the Fed's official rate trend, the next quarterly results will show a sharp decline in profits. On the other hand, those that have played the investment banking card will show an opposite sign
China, Jp Morgan also changes course on the Dragon's stock markets: disappointing economic situation. Doubts on the GDP target
After UBS and Nomura, now also JP Morgan has decided to abandon the buy recommendation on Chinese stocks and moves from "overweight" to "neutral"
US quarterly reports, results beyond expectations but the high rates reveal the first cracks and the market notices it
The first three banks to show data for the second quarter confirmed the good resilience, already demonstrated by the Fed's stress tests. However, traces of an uncertain climate generated by the combination of high interest rates and slowdown…
US banks, the Fed could change some coefficients for the big ones which would save billions of dollars in capital
According to sources heard by Reuters, the Fed is finally, after years of waiting and pressure, considering changing the capital ratios for systemically important banks (the GSIBs) introduced in 2015. Jp Morgan, Bofa, Goldman Sachs, Morgan Stanley among…
IEA, conclusions of the Paris summit: "The green transition does not cause social dramas"
A summit with hundreds of participants to avoid the negative impact of the green transition on employment. Let no one be left behind says the International Energy Agency
JP Morgan, Citigroup, Wells Fargo and BlackRock: the US quarterly reporting season begins. Here are all the results
The three big banks and the largest asset manager in the world inaugurate the season of US quarterly reports and have an impact on the performance of the stock market: Wall Street opened weakly
Dimon (JP Morgan) raises the alarm on rates: “Possible flare-up”
According to the number one of JP Morgan Chaise, the world economy is at a crucial moment and the wars in Ukraine and the Middle East increase uncertainty. On Artificial Intelligence: "It will change society like printing, electricity and the internet"
Bankers: Ermotti (Ubs) is the richest in Europe. How much do they earn in the USA and Italy?
The banker of the Swiss giant is on track to reach the very rich salaries of his American colleagues. And in Italy, who are the Scrooges among the banks?
Fineco loses almost 5% on the stock market after JP Morgan's estimates
JP analysts put the company on "Negative Catalyst Watch" and lowered their earnings per share estimates for 2024 and 2025 by 9%.
US banks, two-speed accounts: Citigroup, worst quarter in 15 years, cuts 20 thousand jobs
The American quarterly season begins with the big banks: the accounts of JP Morgan, Bank of America, BlackRock and Citigroup
JP Morgan, Dimon: “Most dangerous period in decades”. The quarterly reports of the large US banks that start on Wall Street
In the press conference on the third quarter accounts Dimon did not hide his concerns about the global geopolitical situation - The quarterly reports of JP Morgan, Citigroup, BlackRock and Wells Fargo
First Republic Bank rescued by JP Morgan: US avoids third bank failure
JP Morgan to take on all of First Republic's $103,9 billion in deposits and buy the majority of its $229,1 billion in assets
Banco Bpm: JP Morgan leaves the capital, placed 750 million green bonds
According to the latest Consob communications, JP Morgan has sold its 5,198% stake - Who will the stake go to now? For the Senior Green Bond, 1,4 billion orders from 120 institutional investors
Goldman Sachs moves from London to Milan. JP Morgan and City do the same. Brexit effect and taxation
It's not just the fact of being in a country that is no longer the EU. There is also the fact that if you have been abroad for at least 2 years you can have a 70% reduction on your annual earned income for five years. AND…
Pernigotti: JP Morgan acquires 100%, Illimity finances it with 10 million and production remains in Piedmont
After a difficult management by the Turkish group Toksöz, the historic confectionery company breathes a sigh of relief. The production of gianduja and chocolate will remain in Italy. Synergies with the Cremonese Walcor (Easter eggs)
Banco BPM: JP Morgan buys 5% by surprise but is it backing up French Credit Agricole or not?
The surprise entry of JP Morgan into the capital of Banco Bpm raises questions about the real purpose of the American bank and the market wonders if its move will back up its client Credit Agricole
JP Morgan freezes the markets: CEO Dimon predicts "an economic hurricane" and inflation is scary
According to Jamie Dimon, the iconic banker who leads JP Morgan, the Fed tightening on rates and the war will cause economic disasters: the markets are shaking - Saudi, however, lends a hand on oil
US quarterly: JP Morgan's profit collapses, BlackRock's goes up
The US quarterly season starts with two big names: BlackRock and JP Morgan. "Significant risks from the war in Ukraine"
US banks overpay talent: $110 to a junior analyst
JP Morgan has decided to increase the salaries of its employees for the second time in a year. A first time analyst will earn 110 thousand dollars - It is the consequence of the war of talents that has been unleashed in Wall…
JP Morgan, Citi and Wells Fargo: quarterly above expectations
American banks at the center of the financial scene - In the whole of 2021, JP Morgan's net profit reached a record high of 48,3 billion dollars - Meanwhile, BlackRock becomes the first listed asset manager to reach 10 trillion…
Tim, Takeover Nearest: JP Morgan Ready to Finance
The takeover bid project imagined by the American fund KKR is making progress, but the pronouncements of the Committee of independent advisers of Tim and the Draghi government will be decisive
Tesla: JP Morgan sues it for 162 million
The dispute revolves around a sale of warrants dating back to 2014 - According to the Wall Street giant, Musk's company avoided paying and should be considered in default
Wall Street, the quarterly season opens with JP Morgan and Blackrock
Earnings up double digits for the two giants that officially opened the earnings season - JP Morgan down on Wall Street, Blackrock soars
JP Morgan buys 75% of Volkswagen Payments
The agreement will allow the US banking giant to expand into digital payments and enter the automotive sector for the first time
US quarterly reports, JP Morgan and Goldman Sachs beat expectations
The two investment banks posted record profits, but JP Morgan's revenues fall (less than expected) - Stocks in the red
JP Morgan: historic earnings record. Well Citi, Wells Fargo collapses
The season of US quarterly reports begins with the three big banks - Profits up 15% for Citigroup, profits for Wells Fargo fall by 53%
Youth and work, the initiative of JP Morgan and the Et Labora Foundation
The We Build Job project, carried out by the Bergamo foundation with the support of the JPMorgan Chase Foundation, has placed over 400 young people into the world of work, involving 690 companies.
JP, Goldman, Wells Fargo: positive quarter for the 3 sisters
The three Wall Street giants end the April-June period with numbers higher than market expectations - JP Morgan above all doing well (profits +16%), but Wall Street's reaction is cold
EU fines 6 banks for 1,07 billion: cartel on currencies
Barclays, Royal Bank of Scotland, Citigroup, JPMorgan and Mufg Bank have been fined by the European Antitrust for building a cartel in the spot foreign exchange market. Ubs collaborates and avoids the fine
JP Morgan, earnings below expectations: it is the first time in 4 years
The American banking giant closes the October-December period with profits up 67% on an annual basis, but the result is not enough to meet market expectations
Digital payments, Poste Italiane wants almost 50% of Sia
Poste Italiane has given an exploratory mandate to JP Morgan to evaluate the acquisition of a further 34,5% of Sia, the European leader in the design, construction and management of infrastructures and technological services in the digital payments sector
Wall Street, earnings festival for the big banks
Profits and revenues on the rise for three of the main US banks: JP Morgan, Citigroup and Wells Fargo, which, however, are weighed down by open issues with the national authorities and a possible maxi fine on the way
Buffett-Amazon-JP Morgan revolution: alliance for US healthcare
The three giants of the US economy will create an independent and non-profit insurance with the aim of reducing welfare costs and improving services - Buffett: "The enormous growth in healthcare costs is a hungry tapeworm inside …
JP Morgan: CEO Jamie Dimon confirmed for another 5 years
Appointed CEO of the main American Big Four for the first time in 2005, he will remain in office for another five years. The American financial giant continues in the transition process by appointing two new managers who will report to Dimon
JP Morgan, tax reform and the Jobs Act cause profits to collapse
Net of extraordinary items, net income would have amounted to 6,7 billion dollars, 1,76 dollars per share, still down but only by 1%.
Pir, JP Morgan enters the Italian market
The new product for the Italian market has an aggressive risk profile, classified with a level 5 - Lorenzo Alfieri, Country Head for Italy: "With this new product we intend to make available to investors our excellent and proven…
Wall Street: banks earnings beyond estimates
JP Morgan, Citigroup and Wells Fargo have published their accounts for the second quarter: in all three cases the operating result is higher than analysts' expectations.
Enel GP: tax equity agreement with Merrill Lynch and JP Morgan
The company signed a tax equity agreement worth approximately $365 million with the two US banks to finance the Rock Creek plant, a 300 MW wind farm.
Yoox down, rain of downgrades
After the preliminary results of 2016, Equita, Bryan Garnier, JP Morgan, Mediobanca and Goldman Sachs have reduced the target price on the Yoox share.
Bocconi: a scientific degree no longer guarantees a job
According to the research "Employment, Skills and Productivity in Italy" conducted by Bocconi and JP Morgan, age represents the greatest factor of inequality in the world of work in Italy - Graduates in scientific subjects struggle to find suitable jobs for…
Mps: forward with the plan, but the Passera proposal will be studied
The board of directors of the Sienese bank closed in the evening, after today the stock gained almost 13% on the stock market - The board has established that it will go ahead with the plan established in July by JP Morgan and…
JP Morgan, Citigroup and Wells: earnings down
The two Wall Street giants have communicated the data for the third quarter - In both cases there is a decline in earnings on an annual basis (respectively -7,6% and -11%), but the earnings per share exceed forecasts
Mps is worth less than 500 million and owes 400 to Santander
The fall of the Bank continues, which is now worth less than 500 million compared to the 400 that it has to repay to Santander next week - JP Morgan and Atlante are arguing over the bridging loan for the sale of non-performing loans while the…
Bankers salaries: the highest paid is Dimon of JP Morgan (27 million)
With a gross of $27 million (€24,8 million), JP Morgan Chase's powerful number one Jamie Dimon is the world's highest-paid banker - In second place is the head of Goldman Sachs and in third …
JP Morgan: CEO Dimon buys shares for 26 million dollars
The manager wanted to send a signal of confidence to the markets, given that the last trading sessions were characterized by a shower of sales on bank stocks
JP Morgan: record net profit in 2015 at 24,4 billion euros
Net income up 12,4% over 2014, earnings per share $1,32 in fourth quarter, common equity tier 1 up 11,6% - JP Morgan's record numbers surprise market, stock positive in opening of Wall…
Telecom Italia: JP Morgan rises to 10,134%
The stake in Telecom Italia attributable to the US banking giant is divided into an effective stake equal to 4,515% of the capital, a potential stake amounting to 2,461% of the capital and other long positions equal to 3,158% of the capital.
Telecom Italia, another surprise: JP Morgan holds 5,1% and becomes the second largest shareholder
Another surprise in Telecom Italia: Consob announces that, after the launch of the savings conversion, JP Morgan holds 5,1% and is now the company's second largest shareholder, after Vivendi which holds 20,031% and ahead of…
US banks, accounts in chiaroscuro
The three main American banks that published their accounts between yesterday and today are all in profit, but the only one that is convincing is Bank of America. Jp Morgan disappoints expectations and Wells Fargo is penalized by rates.
Telecom: JP Morgan second shareholder with 6,997%
The stake was declared on 24 June and is the result of a portage with Telefonica, which "parked" the shares at the US bank to service the loan convertible into Telecom shares issued on 24 July 2014
Technogym chooses Mediobanca, JP Morgan and Goldman Sachs for the IPO
The banker Claudio Costamagna is on track for the role of advisor to the Alessandri family - The company would aim for a valuation of at least 10 times the Ebitda - The three global coordinators are ready.
US banks: JP Morgan flies, Wells Fargo slows down
The round of quarterly numbers from the Wall Street giants opens with lights and shadows - JP Morgan beats analysts' estimates on the earnings front and raises its dividend - First drop of the year for Wells Fargo…
Takeover bid Pirelli, possible role of Intesa
Messina CEO: "We could have financial support roles during the takeover bid" - To date, JP Morgan is the leader of the over 7 billion euro loan.
Usa, investigation of 10 banks for violations of precious metals
The case concerns the process of fixing the prices of gold, silver, platinum and palladium in London - Involved Deutsche Bank, JP Morgan, Goldman Sachs, Barclays, Credit Suisse, Société Générale, Standard Bank Group, UBS, HSBC and Bank of …
US banks: JP Morgan disappoints, Wells Fargo does well
JP Morgan closed the fourth quarter of 2014 with a net profit of 4,93 billion dollars, a decrease of 6,6% compared to the same period of 2013 - Revenue and profit growing for Wells Fargo.
JP Morgan risks 22 billion hole with new Fed rules
It would be the only one among the 8 major US institutions not to be able to comply with the new rules proposed by the Federal Reserve.
Banks, fines again: Citibank, JP Morgan, HSBC, RBS and UBS punished
This time the sanctions come from both sides of the Atlantic, for a total of over 2,5 billion euros which will have to be paid to five of the world's major banks for a foreign exchange manipulation affair - In addition to the two American…
Gtech obtains financing of 2,6 billion from 20 banks
The contract has a duration of five years - The pool of banks is led by JP Morgan Limited - The title does not celebrate on the Stock Exchange.
US, JP Morgan under investigation for currency manipulation
The US banking giant has come under criminal investigation: the accusation is of having manipulated the foreign exchange market - Possible an out-of-court settlement with a fine of between 500 million and a billion dollars.
Maxi-EU fine to JP Morgan, Ubs and Credit Suisse
Overall, the fine is 115 million dollars (approximately 94 million euros). It concerns the manipulation of the Libor rate in Swiss francs
JP Morgan: Hackers hack into 80 million accounts, but don't steal a dollar
The piracy action that took place last summer was much more serious than expected - As many as 60 servers were compromised, but the motive was not theft: nothing was taken from the accounts - A sophisticated action is thought…
Banks contrasted despite G. Sachs and JP Morgan, Stock markets in trouble after Yellen
Negative closure for European stock exchanges, with Piazza Affari losing 1,33% - Several reasons: from the German Zew index down to tensions in Portugal and Bulgaria, up to Yellen's declarations - The banking sector is breathing only partially …
The ranking of the 10 banks that have disbursed the most to the US
Which banks have disbursed the most money to the US authorities? Reuters is thinking of answering this question with a graph that clarifies who paid, why, how much, when and how many times. At the top of the list is JP…
Goldman Sachs, earnings and turnover beat forecasts
Goldman Sachs' second quarter reports profit growth to $2,04 billion, with a 6% increase in revenue. Shares Also Grow With $4,10 Each - Beating All Analysts' Predictions That Were Seeing…
JP Morgan: turnover and profits down, but less than expected
The US bank saw profits drop 8% from the same period last year, but still beat analysts' forecasts - Revenue fell 2% to $25,3 billion.
MEDIOBANCA R&D SURVEY: less credit losses and more profits for Italian banks in 2014
MEDIOBANCA R&D SURVEY ON INTERNATIONAL BANKS - US banks do better than European ones and their profitability is five times that of Europe - The largest world bank is JP Morgan Chase: 17th Unicredit and 21st Intesa -…
The books for eight-year Fiat bonds open: fixed rate in the 4,75% area
The Fiat group has announced the opening of the books for benchmark bonds (senior unsecured) - The title will be listed on the Dublin stock exchange and the guaranteed annual dry coupon is 4,75% for a duration of eight years.
JP Morgan: "EU growth, more credit to businesses"
"European governments should adopt balanced policies to encourage banks to finance the economy and lend money, especially to SMEs": this is the recipe of Jamie Dimon, chairman and chief executive officer of JPMorgan Chase, interviewed by Il Sole 24 Ore.
EU: Crédit Agricole, HSBC and JP Morgan accused of manipulating the prices of euro derivatives
The Commission fears that the three banks may have participated in a collusive scheme that aimed to distort the normal course of the price components of European interest rate derivatives.
Vittorio Grilli hired by JP Morgan
Former Treasury Minister to be Chairman of Corporate and Investment Banking EMEA (Europe, Middle East and Africa)
Stock Exchange: disappointing accounts and the downgrade of JP Morgan sink Prysmian
More than the quarterly accounts according to which revenues are down by 5,4% to 1,579 billion and adjusted profit by 69% to 12 million, weighing on the stock are the forecasts on the adjusted Ebitda for 2014, which the management…
JP Morgan: investments, Europe is back in fashion
JP MORGAN'S MARKET OUTLOOK - Three-quarters of European investors surveyed say they have cash to invest in 2014 and believe Europe will grow 1% or more, establishing itself as the top performing equity market - The concerns are…
JP Morgan disappoints: profits and turnover fall
JP Morgan's Board of Directors has also given the green light to a quarterly dividend increase from 38 to 40 cents per share and a $6,5 billion stock buyback, to be continued…
Stock market: Mediaset soars after JPMorgan raises the target price from 4,3 to 5,9
Mediaset gains over 3% on the stock market after JP Morgan raised its target price from 4,3 to 5,9 euros, confirming the overweight recommendation - Improvements in advertising revenues are expected over the next three years.
Giallo Mps: Foundation "exonerated", Aleotti and JP Morgan enter the crosshairs
The Foundation denies its involvement: "No sales contract has been stipulated" - And so private shareholders enter the sights of gossip: the Aleotti family, 4% strong, or JP Morgan itself which is in charge…
JP Morgan to cut 6 jobs in 2014
The US banking giant said today it plans to cut up to 6 mortgage jobs by 2014 on the back of a drop in demand for loans for home purchases and the profitability of this…
JP Morgan: earnings down more than expected, -16% in 2013
The US investment bank closed 2013 with profits down 16% to 17,9 billion - In the fourth quarter JP Morgan recorded a 7% drop in profits.
Stock market, Atlantia bucking the trend on JP Morgan promotion
The share of the motorway concessionaire rises on the Stock Exchange, signaling itself as one of the best stocks on the Italian list, which is traveling in negative territory - Atlantia's shares are driven by the promotion by JP Morgan, which raised…
Subprime mortgages, for JP Morgan a record settlement of 13 billion
According to the "Wall Street Journal", the American Bank has closed negotiations with the US Justice Department by agreeing to pay 13 billion dollars to close the investigation - JP Morgan allegedly gave misleading information to the giants…
Moody's cuts ratings of JP Morgan, Goldman Sachs, Morgan Stanley and Bank of New York Mellon
The four banks downgraded by a notch are JP Morgan, Goldman Sachs, Morgan Stanley and Bank of New York Mellon, while the rating was confirmed for four other giants such as Bank of America, Citigroup, State Street and Wells Fargo.
JPMorgan expects 15 job cuts in 2013
15 fewer jobs in 2013. This is what the largest US bank by asset JPMorgan Chase predicts.
Stock market: Autogrill still shines, title promoted by JP Morgan
Supporting purchases on Autogrill today is the promotion of JP Morgan from "neutral" to "overweight" - The stock is the best of the entire Ftse Mib, which in the same minutes travels in the red.
Subprime mortgages, Bank of America towards record fine
The 13 billion requested by the Justice Department from JP Morgan could soon be a thing of the past: according to calculations by the Financial Times, in fact, the bill that will be presented to Bank of America will be even more expensive, setting a new record…
Tapering USA moves away: momentum to the Stock Exchanges. Telecom in the spotlight. Caution this morning in Milan
Google goes to a thousand, JPMorgan is preparing to pay a huge fine - Piazza Affari starts cautious this morning: the spotlight is on the moves of Telecom Italia, which has become more contestable and which in the last week has been the best blue chips with…
JP Morgan, 400 million in the red: legal costs weigh in
In the third quarter of 2013, the American company recorded a net loss of 400 million dollars, 17 cents per share, against a turnover that stood at 23,9 billion - Legal expenses are around…
Telecom: Bernabè's resignation is near, the stock soars on the Stock Exchange
On a very negative morning for the Italian stock market, the telephone company's stock advanced in Piazza Affari, with increases of more than 2% - Thanks to the rumors about the imminent resignation of the president Franco Bernabè and the judgment of JP Morgan,…
JP Morgan, towards a maxi settlement of 11 billion in the USA
At issue in the investigations are a number of high-risk home loan-backed securities, which the bank allegedly characterized irregularly - It comes to a $7 billion cash penalty and reparations…
JP Morgan to pay $920 million fine over 'London Whale' scandal
JP Morgan will have to pay a maxi fine of 920 million dollars in relation to the scandal on the so-called 'London Whale', which led to trading losses of over six billion dollars. At the time of negotiation with…
Subprime, JP Morgan risks a maxi fine of 6 billion dollars
According to the Financial Times, the request by the American judicial authority would amount - The bank is accused of having sold securities backed by subprime mortgages to Fannie Mae and Freddie Mac, hiding the risks of the operation - JP Morgan,…
JP Morgan, arrested in Madrid accomplice of the London Whale
Martin-Artajo, of Spanish nationality, was the supervisor of Bruno Iksil, the former trader nicknamed "The London Whale", responsible for the errors committed by the Chief Investment Office, the London division of JP Morgan, costing the Bank over six billion dollars .
JPMorgan and the problem of traders' remuneration linked to the profitability of the CIO
The US Justice Department has indicted two JpMorgan employees - The trader Iksil has shown that he tried to warn his superiors but was not listened to - For the economist Kregel (Levy Institute) at the base of the hole…
NY Times: JP Morgan, the SEC investigates the hiring of children of Chinese fathers
The news was revealed by the New York Times: the American Consob is investigating the suspected hiring of relatives and above all young offspring of the powerful executives of Chinese state enterprises.
Mps: among the suspects also JP Morgan as well as former top managers
The investigation phase of the Siena prosecutor's office on Mps is closed: among the suspects, in addition to the former heads of the Sienese institute, the name of JP Morgan also appears - The disputed crimes are insider trading, obstacle to the supervisory bodies and…
JP Morgan: second quarter earnings +31%, beyond expectations
The group led by Jamie Dimon announces results that beat analysts' forecasts, mainly thanks to the decline in provisions for credit losses, reflecting the improvement in the economy.
Engineering, Pandozy: with the JP Morgan fund we will grow abroad
INTERVIEW WITH PAOLO PANDOZY, CEO OF ENGINEERING - "We expect our new shareholder to bring us greater visibility at an international level thanks to his important network of acquaintances and contacts in every corner of the world" - "After…
Engineering: 29,9% to JP Morgan, but no takeover bid
Agreement signed with One Equity Partners, a company that manages 10 billion dollars on behalf of the American banking giant - The price has been set at 32 euros per share, for a total value of approximately 116 million - A…
Stock market, Generali advances after the promotion of JP Morgan
The Lion's stock is reported as one of the most positive on the Ftse Mib basket, driven by a report by JP Morgan, which raised the recommendation on Generali shares to overweight, setting the target price at 17,40 euros.
JP Morgan: Dimon remains president and CEO
According to the New York Times, the preliminary result of the shareholders' vote confirmed confidence in Diamon - Record earnings and stock market performance prevailed over the "London Whale" scandal.