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Tag: JPMorgan Chase

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 3, 2024. REUTERS/Brendan McDermid/File Photo

S&P 500, Nasdaq notch record highs with inflation data, earnings in focus

The Nasdaq and the S&P 500 hit record highs on Monday, while the Dow scaled a more than one-month high as investors awaited a key inflation report.

Read More S&P 500, Nasdaq notch record highs with inflation data, earnings in focus
The Nasdaq Market site is seen in New York City, U.S., March 26, 2024. REUTERS/Brendan McDermid/File Photo

Wall St mixed as tech stocks attempt recovery, financials drag

Wall Street’s main indexes were mixed on Wednesday, with technology stocks attempting to find a floor after recent selloff.

Read More Wall St mixed as tech stocks attempt recovery, financials drag
The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger

Big US banks expected to be cautious on shareholder payouts

Big U.S. lenders are expected to show they have ample capital to weather any renewed turmoil during this week’s Federal Reserve health checks.

Read More Big US banks expected to be cautious on shareholder payouts
The logo for Morgan Stanley is seen on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 3, 2021. REUTERS/Andrew Kelly/File Photo

Morgan Stanley profit beats estimates as investment banking rebounds, wealth grows

Morgan Stanley’s first-quarter profit beat estimates, fueled by a resurgence in investment banking and growth in wealth management.

Read More Morgan Stanley profit beats estimates as investment banking rebounds, wealth grows
The logo and ticker for Capital One are displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 21, 2018. REUTERS/Brendan McDermid/File Photo

Capital One to buy Discover Financial in $35.3 billion all-stock deal

Capital One plans to acquire Discover Financial Services to create a global payments giant.

Read More Capital One to buy Discover Financial in $35.3 billion all-stock deal
JPMorgan Chase chief executive Jamie Dimon is set to be deposed under oath for two civil lawsuits that claim that the bank ignored warnings that Jeffrey Epstein was trafficking teenage girls for sex while profiting from his relationship with him. (Photo by Michael M. Santiago/Getty Images)

JPMorgan Chase to pay $290m to settle with victims of Jeffrey Epstein

JPMorgan Chase has revealed that the company will pay around $290 million to settle a class action lawsuit with a woman who claims that the bank knowingly benefited from sexual abuse that she and others suffered from at the hands of Jeffrey Epstein. 

Read More JPMorgan Chase to pay $290m to settle with victims of Jeffrey Epstein

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