Wall Street slumped on Thursday after two of the largest banks, JPMorgan Chase and Citigroup, reported that trading had fallen during the third quarter. JPMorgan, the largest US bank, saw a huge 27-percent drop in bond trading revenue, to $3.1 billion, compared to the same period last year. That’s even worse than a slump of...
Similar Stories to Jpmorgan’s Trading Slump Is Even Worse Than Dimon Warned on Bing News
Kevin Dugan, New York Post: Business
Thu, 10/12/2017 - 8:24am
BING NEWS:
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He warned that if stagflation occurs, it could cause significant stress across various sectors, including banks, leveraged companies, and real estate.
05/30/2024 - 10:50 pm | View Link - JPMorgan’s Jamie Dimon says he could step down as CEO in as little as 2.5 years
JPMorgan Chase Chief Executive Jamie Dimon said Wednesday he and the bank’s board will “do the right thing” on succession, and warned of the dangers, particularly to small businesses ...
05/29/2024 - 6:48 am | View Link - Jamie Dimon's Retirement Timeline "Isn't 5 Years Anymore." Is JPMorgan Chase Stock a Buy?
Jamie Dimon led JPMorgan Chase across multiple recessions since becoming CEO in 2006. A disciplined approach to capital management allowed JPMorgan to make significant acquisitions during ...
05/28/2024 - 6:19 pm | View Link - JPMorgan CEO Jamie Dimon on 'Hard Landing' and 'Stagflation' Fears as Inflation Worries US Fed
JPMorgan CEO Jamie Dimon thinks the odds of a recession are higher than people think despite markets reaching record highs and the consensus rooting for a sustained bull run.
05/27/2024 - 3:40 am | View Link - Is JPMorgan Chase Stock a Buy? Maybe Not to Jamie Dimon: "We're Not Going to Buy Back a Lot of Stock at These Prices."
The bank wisely repurchased billions' worth of company stock at discounted prices. What's on Dimon's mind these days? Inflated asset prices. And in his view, right now, the category of assets that ...
05/25/2024 - 8:29 pm | View Link - More
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