Tag: Jamie Dimon
More interest, more bankruptcies – banks are preparing for difficult times
New York, Frankfurt For months, the mix of energy crisis, high inflation, impending recession and fears of war left the balance sheets of European banks almost untouched. Now the major…
US banks earn significantly less
JP Morgan Chase & Co. The largest US bank made 43 percent less revenue in the investment banking business than in the previous year. (Photo: Reuters) New York, Frankfurt At…
US banks earn significantly less
JP Morgan Chase & Co. The largest US bank made 43 percent less revenue in the investment banking business than in the previous year. (Photo: Reuters) New York, Frankfurt At…
Why bankers in the US expect fewer bonuses
JP Morgan employees on Wall Street Experts expect job cuts in the coming months if the situation on the markets does not improve significantly. (Photo: Reuters) New York, Frankfurt Not…
Why bankers in the US expect fewer bonuses
JP Morgan employees on Wall Street Experts expect job cuts in the coming months if the situation on the markets does not improve significantly. (Photo: Reuters) New York, Frankfurt Not…
JP Morgan profits shrink by almost 28 percent – Morgan Stanley is also suffering a slump in business
JP Morgan, America’s largest bank, on Thursday reported a 28 percent fall in profits to $8.6 billion in the second quarter. The institute also temporarily suspended its $30 billion share…
German companies are back to the USA
new York Only two weeks ago, Bonnie Tully, the US President of the Essen-based specialty chemicals group Evonik, announced her next investment: Evonik will build a new production facility for…
US bank makes less profit in the first quarter
new York Jamie Dimon is preparing his investors for difficult times. JP Morgan on Wednesday reported a 42 percent slump in profit for the first quarter on a yearly basis…
Disempower the emperors – controllers are in demand
JP Morgan Jamie Dimon has stepped down as CEO. Investors would like to have him on board as President. (Photo: Reuters) Shareholders of US financial giant JP Morgan seem really…
US bank makes less profit in the first quarter
new York Jamie Dimon is preparing his investors for difficult times. JP Morgan on Wednesday reported a 42 percent slump in profit for the first quarter on a yearly basis…
Peter Thiel berates Buffett, Dimon and Fink: Damage to Bitcoin
Peter Thiel The German-born investor speaks at the “Bitcoin 2022” in Miami. (Photo: Bloomberg) new York Billionaire tech investor Peter Thiel is known for his controversial opinions. At the “Bitcoin…
Peter Thiel berates Buffett, Dimon and Fink: Damage to Bitcoin
Peter Thiel The German-born investor speaks at the “Bitcoin 2022” in Miami. (Photo: Bloomberg) new York Billionaire tech investor Peter Thiel is known for his controversial opinions. At the “Bitcoin…
Investment bankers drive strong results at JP Morgan & Citi
new York The investment bankers are once again the stars of Wall Street. In particular, the boom in mergers and acquisitions (M&A) has supported the quarterly profits of the big…
JP Morgan makes less profit – Wells Fargo with profit growth
JP Morgan headquarters in New York The big money houses in the USA benefited from many important factors in 2021. (Photo: Reuters) new York The US bank leader JP Morgan…
US banks threaten unvaccinated employees with dismissal
new York Most bankers in New York are currently working from home again, because the highly contagious Omikron variant still has the city under control. But more and more banks…
Alternative to gold? After the crash in the crypto markets, a new discussion about the role of bitcoin has arisen
Bitcoin coins A dispute is raging among investors about whether Bitcoin is a suitable replacement for gold. (Photo: Reuters) Denver, Düsseldorf When times are good, it’s easy to advocate investing…
JP Morgan boss regrets joke about China
Jamie Dimon at a Boston College event The JP Morgan boss is the first CEO of a major Wall Street bank to travel to Chinese territory since the pandemic began.…
JP Morgan boss regrets joke about China
Jamie Dimon at a Boston College event The JP Morgan boss is the first CEO of a major Wall Street bank to travel to Chinese territory since the pandemic began.…
The vaccination sayings of Jens Spahn – Handelsblatt Morning Briefing
once the reputation has been ruined, it is quite uninhibited. Health Minister Jens Spahn still acts according to this motto. His “track record” in office is now partially a “dirt…
“We want to grow organically in Germany”
Jamie Dimon The 65-year-old head of the major US bank JP Morgan wants to expand business in Germany, but does not plan any takeovers in Europe. (Photo: Tobias Everke for…