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Investment banking surge at Morgan Stanley solidifies Wall Street revival

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An investment banking surge at Morgan Stanley (MS) solidified a dealmaking revival across Wall Street, as the firm's profits in the third quarter exceeded...
Bussiness

‘Signature bites’ and free umbrellas: Inside JPMorgan’s plan to lure more rich people to its branches

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"Signature bites." Free umbrellas. Library rooms instead of teller windows.These are among the features of a new "financial center" branch concept JPMorgan Chase (JPM)...
Bussiness

Exclusive-Jamie Dimon charts JPMorgan expansion plan into Africa

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By Nupur AnandNEW YORK (Reuters) - JPMorgan Chase, the largest U.S. lender, plans to enter Kenya and Ivory Coast this year and grow its...
Bussiness

Citigroup profit drops on bigger stockpiles for potential loan losses

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By Tatiana Bautzer and Manya Saini(Reuters) - Citigroup's profit fell 9% in the third quarter as it set aside more money to cover the...
Bussiness

JPMorgan’s profits fall 2% despite strong Wall Street performance

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Profits at JPMorgan Chase (JPM) fell in the third quarter as it set aside more money to cover future loan losses, but its Wall...
Bussiness

The big question hanging over banks as earnings season starts

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Investors have questions about how a new Federal Reserve rate-cutting cycle will affect the biggest US banks, and they will be looking for some...
Bussiness

The Harris and Trump campaigns are both taking advice from one Wall Street titan: Jamie Dimon

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JPMorgan Chase (JPM) CEO Jamie Dimon has been talking regularly to both presidential campaigns in the final stretch of the 2024 contest.The growing question...
Bussiness

TPG Taps JPMorgan Veteran Sohn to Lead Equity Capital Markets

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(Bloomberg) -- TPG Inc. has hired JPMorgan Chase & Co.’s co-head of technology equity capital markets Eugene Sohn, according to people with knowledge of...
Bussiness

Wall Street just got another sign that dealmaking is on its way back

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Wall Street just got a new sign that dealmaking is making a comeback.Jefferies Financial Group (JEF) reported third-quarter results Wednesday afternoon that showed investment...
Bussiness

Geopolitics emerges as Jamie Dimon’s chief concern for economy: It’s ‘getting worse’

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JPMorgan Chase (JPM) CEO Jamie Dimon once again cited global instability as his chief concern and named it as one of the reasons why...
Bussiness

BofA becomes the latest big bank to bet on new branches

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Bank of America (BAC) said Monday it will open 165 branches by the end of 2026, the latest big US lender to announce more...
Bussiness

JPMorgan names heads for healthcare, tech investment banking

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(Reuters) - JPMorgan Chase announced on Thursday leadership changes in a push to strengthen its healthcare and technology investment banking, according to an internal...
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