Citi's New Leadership Leap
This week, Viswas Raghavan became Citigroup's head of banking in New York. Formerly with JPMorgan, his hiring earlier this year reflects Citi's strategy to strengthen its leadership. Citi CEO ...
CEO Succession Secrets
JPMorgan's board is actively prioritizing an orderly CEO transition, marking a significant moment as Jamie Dimon concludes his 18-year tenure at the helm of the largest U.S. bank by assets.
Since 2006, Dimon's leadership has ...
Unleashing AI Potential
In a strategic move reflecting the AI computing trend, SoftBank's Arm is gearing up for a substantial US initial public offering (IPO).
Leading financial institutions, including Barclays, Goldman Sac...
Early Trading and Analysts Optimistic
CAVA Group (NYSE: CAVA) has garnered attention in early trading on Monday following the expiration of the IPO lockup period. Analyst initiations on the restaurant stock have poured in, indicating a positive outl...
Earnings season outlook
As the U.S. banking industry braces for its upcoming earnings season, investors are gearing up for a challenging outlook.
According to experts, a tough quarter is expected due to the fallout of the regional banking crisis an...
After the close of trading
On Friday, the US stock market experienced a fall, with negative dynamics from the financial, industrial, and commodity sectors.
The Dow Jones dropped by 1.07% to reach a three-month low, while the S&P 500 and NASDAQ ...
Twitter failed to pay rent
The landlord of one of Twitter's offices in San Francisco has filed a lawsuit against it over the corporation's failure to pay $136,26,000 in rent, The Wall Street Journal reported.
The landlord is see...
Trading on Monday
The US stock market rallied strongly in early trading on Monday following the release of quarterly reports from Wall Street's biggest banks.
The Dow Jones Industrial Average had added 5...
Last day of trading this week
The US stock market ended Friday's trading lower on the back of negative dynamics from the oil and gas, commodities and technology sectors.
At closing time on the New York Stock Exchange, the Dow Jones fell 1.34%, the ...
Global equities
Analysts at U.S. bank Goldman Sachs Group Inc. (NYSE: GS) downgraded its recommendation for global equities for the next three months to "below market" and maintained an "above market" recommendation for cash amid recessionary risks,...
Funding from JPMorgan Chase and Co
JPMorgan Chase and Co (NYSE: JPM) CEO James Dimon has told US lawmakers emphatically that his bank has no intention of cutting off oil and gas financing. This was revealed by The Wall Street Journal. US House ...
Company stocks in trading on Monday
US stock indices have been in the green zone since the start of Monday's session and changed little in the course of trading. As a result, the main indicators added 1.6-2.0%.
On the New York Stock Exchange, the D...
Trading on Tuesday
US stock indices closed on Tuesday in the positive, reacting positively to Fed Chairman Jerome Powell's words that a "soft landing" for the economy is still possible.
At the close of trading on the New York Stock Exchange (NYSE),...
New York Stock Exchange on Tuesday
The US stock market ended Tuesday's trading with gains in the oil and gas, telecoms and commodities sectors.
At the close on the New York Stock Exchange, the Dow Jones was up 0.20 per cent, the S&P 500 was up ...
Schedule for the week
The Dow Jones rose 0.40 per cent on Friday on the New York Stock Exchange, the S&P 500 fell 0.27 per cent and the Nasdaq Composite fell 1.34 per cent.
The US stock market ended Friday's trading multidirectional due to stre...
Vacancies in New York City
The new law requires most of the city's hiring companies to list expected salaries as of May 15.
New York City will require employers to include minimum and maximum salaries in job listings starting this spring, a require...
Top banks
JPMorgan Chase (JPM), Goldman Sachs (GS), Bank of America (BAC) and Citigroup (C) are on the list of banks that made the most money from IPOs, initial public offerings, in 2021. Market analysts say that will change in 2022.
The latest fin...
The report and the bank's shares
Goldman Sachs (GS) shares are falling following a fourth-quarter earnings report worse than forecast by Wall Street analysts. Goldman Sachs, like JPMorgan earlier, reported a drop in financia...
JPMorgan after report
JPMorgan Chase (JPM) shares fell sharply on Friday, even though the biggest US bank posted earnings per share and final quarter 2021 earnings above Wall Street forecas...
Stock futures rise
US stock index futures rose on Thursday after weaker-than-expected producer price data eased fears of a faster interest rate hike by the Federal Reserve while Delta Air Lines led gains among...
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