JPMorgan Chase reported a better-than-expected quarterly profit on Friday as gains from higher interest rates and growth in loans helped the bank offset weakness in bond trading revenue. The largest US bank by assets, whose results are often seen as a barometer of the economy, has benefited from a tax windfall and a strong economy...

BING NEWS:
  • Bank Of America, Fifth Third Bancorp To Gain From 'Higher For Longer' Interest Rates: JPMorgan's Top Picks
    JPMorgan analyst Vivek Juneja's recent insights suggest a positive outlook for banks like Bank of America Corp and Fifth Third Bancorp.
    05/1/2024 - 7:26 am | View Link
  • Hedge Fund Garda Hires JPMorgan’s Takemura for Yen Rates Trading
    US hedge fund firm Garda Capital Partners has hired JPMorgan Chase & Co. managing director Yoichi Takemura to expand yen rates trading as the return of inflation to Japan creates opportunities after a ...
    04/29/2024 - 3:49 pm | View Link
  • Wales obesity rates higher than any other UK nation, charity says
    Credit: Nesta, Charity Obesity rates are also increasing among children, with the chief medical officer for Wales, Sir Frank Atherton, reporting in 2023 that nearly one in three children are ...
    04/24/2024 - 8:56 am | View Link
  • Jamie Dimon, Larry Fink, other market giants warn of 'higher-for-longer' interest rates amid hot US inflation
    Market experts are predicting 'higher-for-longer' interest ... rates without significantly exacerbating an already unsustainable debt servicing obligation, Fink added. 5. Jamie Dimon, CEO of ...
    04/16/2024 - 6:28 am | View Link
  • Recent Data Support Rates Staying Higher for Longer: Fed Vice Chair
    Recent economic strength and hot inflation readings may justify holding interest rates steady for longer, said Philip Jefferson, vice chair of the Federal Reserve’s Board of Governors.
    04/16/2024 - 2:15 am | View Link
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