Steve Liesman, JPMorgan’s David Kelly, Wolfe’s Stephanie Roth and Morgan Stanley’s Jim Caron, join 'Power Lunch' to discuss the Fed's rate decision and the Federal rate outlook.
The CEO also said he is ‘bullish’ on the potential for stock sales, including initial public offerings in 2025.
Secure Asset Management LLC grew its stake in JPMorgan Chase & Co. (NYSE:JPM) by 0.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 15,
The 8.3% boost in compensation – after JPMorgan reported record profit – puts Dimon’s pay on par with that of Goldman Sachs CEO David Solomon.
JPMorgan Chase, Bank of America, Citi, Goldman Sachs, Morgan Stanley and BlackRock were all asked about how they plan to implement or have implemented hiring or supplier diversity goals.
Bank of America and Morgan Stanley are next up in a series of bank earnings reports due out this week. The firms report fourth-quarter results on Thursday morning. Their competitors—JPMorgan Chase, Wells Fargo,
Morgan Stanley raised the firm’s price target on JPMorgan (JPM) to $273 from $265 and keeps an Equal Weight rating on the shares. Q4 EPS beat
Betsy Graseck, an analyst from Morgan Stanley, maintained the Hold rating on JPMorgan Chase & Co. (JPM – Research Report). The associated
Endeavor Private Wealth Inc. purchased a new position in shares of JPMorgan Chase & Co. (NYSE:JPM) in the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 276 shares of the financial services provider’s stock,
But the grand machinery keeping Wall Street moving is just picking up steam. That's because, deterred by regulatory uncertainty and higher borrowing costs, U.S. corporations have mostly sat on the sidelines in recent years when it came to buying competitors or selling themselves.
Morgan Stanley’s investment banking revenues, which include fees from underwriting stock and debt offerings and advising on dealmaking, rose 25 per cent to $1.6bn. Equities trading revenues rose 51 per cent to $3.3bn, while fixed-income trading was up 35 per cent at $1.9bn.
There’s a lesson here for long-term leaders: When the time comes, let go. James Gorman at Morgan Stanley has definitely learned it; Jamie Dimon and the board of JPMorgan Chase & Co. should reflect on it over the next couple of years.