JPMorgan Chase & Co.’s Peter Scher, the longtime executive who helped Chief Executive Officer Jamie Dimon build the biggest US bank into a public-policy force in Washington and beyond, will retire next year https://t.co/FI6yhg9kKt ...

Charlie Javice was sentenced to 7 years in prison for defrauding JPMorgan Chase. The bank was billed $115 million bill for her defense https://t.co/ahYV0mHXCV ...

(Bloomberg) -- JPMorgan Chase & Co. was hit with $115 million in lawyers’ bills for Charlie Javice and a second executive convicted of defrauding the bank, yet another twist in a years-long legal saga that’s captivated Wall Street. The defense tab, revealed last week when Javice was sentenced to seven years in prison, is roughly two-thirds of the $175 million the bank paid for Javice’s student-finance company, Frank. A Delaware court previously ruled that the terms of that deal required the bank to cover ...

The commercial and industrial The IPO will comprise as much as 15 billion rupees of new shares and a secondary offering of 37 billion rupees from existing investors, including US-based Augment Infrastructure Partners, according to the IPO prospectus filed in August.Discussions are ongoing and details such as the size and timing of the offering may change, the people said. A spokesperson for Clean Max didn’t respond to a request for comments. Live EventsBrookfield owned a 42.9% stake in the company, while A ...

JPMorgan Chase & Co. (NYSE:JPM) is set to release its quarterly earnings with an anticipated EPS of $4.79 and revenue of $45.27 billion.The company has a history of outperforming earnings estimates, with an average earnings surprise of 9.86% over the past two quarters.Despite a negative enterprise value to operating cash flow ratio of -6.16, JPMorgan's financial metrics such as a P/E ratio of 15.25 indicate strong investor confidence.JPMorgan Chase & Co. (NYSE:JPM) is a leading global financial institution, ...

Group 1 - LG Electronics Inc.'s Indian unit is launching a $1.3 billion initial public offering (IPO), joining Tata Capital in a potentially record month for new listings in India [1][3] - The IPO will offer up to 101.8 million shares priced between ₹1,080 and ₹1,140, valuing LG Electronics India Ltd. at approximately ₹77,400 crore ($8.7 billion), making it the largest home-appliance maker listed in India [2][6] - The share sale indicates growing investor confidence, with Indian IPO proceeds expected to exceed $5 billion in October [3][4] Group 2 - The surge in new listings is driven by significant liquidity from domestic institutional and retail investors, with recurring investment plans attracting over $3 billion monthly in 2025 [4][5] - LG India is set to become the fourth billion-dollar IPO in India this year, following HDB Financial Services Ltd., Hexaware Technologies Ltd., and Tata Capital [6] - The offering values LG India's shares at 38 times its trailing 12-month earnings, compared to its parent company at about 14 times and local peers trading at over 50 times [8]

Core Insights - Swift, a Belgium-based network, is collaborating with over 30 major banks to develop a blockchain-based infrastructure aimed at making international payments instantaneous and integrating traditional banking with digital currencies [1][2]. Group 1: Initiative Overview - The initiative focuses on creating a shared digital ledger for real-time, 24/7 cross-border payments, enhancing compatibility with stablecoins, tokenized bank deposits, and central bank digital currencies [2]. - The current international money transfer process is slow and costly, with wire transfers taking days and incurring multiple fees [3]. Group 2: Technological Advancements - The blockchain overhaul aims to enable instant cross-border payments, which is expected to reduce costs associated with the current multi-day settlement process [4]. - The consortium includes major banks such as JPMorgan Chase, HSBC, Deutsche Bank, and others from the Middle East and Africa [5]. Group 3: Market Context - The announcement coincides with the rising significance of stablecoins, which are projected to reach up to $4 trillion in circulation by 2030, facilitating $100 trillion in trade annually [5].

JPMorgan Chase on Monday named Conor Hillery and Matthieu Wiltz as co-chief executive officers for Europe, the Middle East and Africa, according to an internal memo seen by Reuters. ...

来源：环球市场播报 美股周一早盘，道指成份股摩根大通（JPM）上涨0.4%。美国银行全球研究部周一将摩根大通目标价从 340美元上调至350美元。 ...

Group 1: Market Cap Insights - The exclusive $1 trillion market cap club includes notable companies like Berkshire Hathaway, the Magnificent Seven, and Broadcom [1] - Oracle and JPMorgan Chase are approaching the $1 trillion market cap, with Oracle at $787 billion and JPMorgan Chase at approximately $862 billion [2] Group 2: JPMorgan Chase Overview - JPMorgan Chase is recognized as a leading bank in the U.S., investing heavily in technology, particularly artificial intelligence, while maintaining a reputation as a stable institution [3] - The bank has a strong investment banking unit, consumer and commercial lending divisions, and a growing payments business, with its U.S. deposit market share increasing from over 7% in mid-2008 to nearly 11.8% as of June this year [4] - JPMorgan Chase is investing $18 billion annually in technology to enhance its banking services, targeting a 17% return on tangible common equity (ROTCE) through economic cycles [5] Group 3: Stock Performance - JPMorgan Chase's stock has appreciated over 48% in the past year and approximately 220% over the last five years, trading at a peer-leading three times tangible book value per share [6] Group 4: Oracle Overview - Oracle, a late entrant in the cloud business, is emerging as a significant player in the artificial intelligence cloud sector, leveraging its cloud infrastructure for AI advancements [9]