Straits Times Index
3,295.93 +23.21 (+0.71%) Nikkei
38,334.24 +782.08 (+2.08%) Hang Seng
17,054.69 +225.76 (+1.34%) FTSE 100
8,044.81 +20.94 (+0.26%) Bitcoin USD
66,538.54 -330.36 (-0.49%) CMC Crypto 200
1,435.80 +21.04 (+1.49%)
JPMorgan Chase & Co. (JPM-PM)
After hours:
- Yahoo Finance
Jamie Dimon is worried the US economy is headed back to the 1970s
JPMorgan's CEO is concerned the US economy could be in for a repeat of the stagflation that hampered the country during the 1970s.
- Reuters
UPDATE 1-Big banks face probe over NDAs in swaps, clearing businesses, Bloomberg reports
The Commodity Futures Trading Commission (CFTC) has reached out to a number of banks, including JPMorgan Chase, Bank of America and Citigroup to see if they have been preventing would-be whistleblowers from speaking out, Bloomberg News reported on Wednesday. CFTC is asking banks for non-disclosure agreements in their swaps and clearing businesses, and has also sought employment and customer agreements in those businesses, the report added, citing people familiar with the matter.
- Barrons.com
JPMorgan’s ‘Bloody Friday’: Why Several Top Financial Advisors Jumped Ship the Same Day
Six teams managing nearly $15 billion in total assets quit JPMorgan Chase’s brokerage unit to join competitors last Friday. Here’s what may have triggered their departures.
