Search Results for: JP Morgan Chase
Top news of the day
May 12th, 2015
1. Greece made a repayment of 750 million euro to IMF. Progress is made but work needs to be done. The move came after a what seemed a rare good news day in terms of talks between Greece and its lenders ...
Bank parents or main units seen pleading guilty over FX: sources
May 12th, 2015
The parent companies or main banking units of as many as five major banks, rather than their smaller subsidiaries, are expected to plead guilty to U.S. criminal charges over manipulation of foreign exchange rates, people familiar with the matter ...
Fifth Annual Impact Investor Survey Reflects on Industry Growth, Past and Projected
May 5th, 2015
146 of the world’s largest impact investors, including fund managers, banks, development finance institutions, foundations, and pension funds report having committed $10.6 billion to impact investments in 2014, with plans to commit 16% more in 2015. The surveyed sample, ...
BofA Investors Say Settlement Reached in Forex Class Action
April 17th, 2015
Bank of America Corp. investors say they’ve settled a lawsuit accusing the company of rigging prices in the foreign-exchange market. The investors, several pension and hedge funds, didn’t reveal how much the bank would pay in a statement Thursday ...
Japan Overtakes China as Largest U.S. Bondholder
April 16th, 2015
Japanese become biggest funders of American government for first time since 2008 financial crisis Japan dethroned China as the top foreign holder of U.S. Treasurys for the first time since the financial crisis, following a wave of purchases by ...
Citibank Seen as Target for Plea in U.S. Currency Case
April 3rd, 2015
The U.S. Department of Justice is pressing for Citigroup Inc.’s main banking subsidiary to plead guilty to a felony tied to the rigging of foreign-exchange markets, according to two people briefed on the matter. Citigroup has countered with an ...
Banks Are Poised to Profit From Forex Tumult
April 2nd, 2015
Swiss central bank’s surprise January move led to volatility that can help Wall Street The big currency swings of the past three months have whipsawed many investors. Wall Street may end up loving the action. As U.S. banks closed ...
We’re All Hedge Funds Now, Part 2: Tech Startups and Nigerian Bonds
March 27th, 2015
Watching formerly risk-averse investors adapt to a negative interest rate world is almost as much fun as watching Europe try to keep Greece and Germany in the same financial family. In each case, success depends on all the parties ...
Asian shares wobble as China PMI weighs
March 24th, 2015
An index of Asian shares wobbled between positive and negative territory on Tuesday after a measure of Chinese factory activity unexpectedly skidded to an 11-month low, pointing up weakness in the economy. The flash HSBC/Markit Purchasing Managers’ Index (PMI) ...
Standard Chartered Shares Jump as New CEO Winters Draws Upgrades
March 18th, 2015
Standard Chartered Plc rose the most in two weeks as analysts at Barclays Plc and Sanford C. Bernstein Ltd. upgraded the bank, citing Bill Winters’s hiring as chief executive officer and a diminishing need to raise capital. “We expect ...
