JPMorgan bond chief Bob Michele sees worrying echoes of 2008 in market calm

[ad_1] Bob Michele, Managing Director, is the Chief Investment Officer and Head of the Global Fixed Income, Currency & Commodities (GFICC) group at JPMorgan. CNBC To at least one market…

Jamie Dimon, America’s top banker, has ‘no plans’ to run for office

[ad_1] JPMorgan Chase CEO Jamie Dimon talks to reporters as he leaves the U.S. Capitol after an unannounced meeting with U.S. Senate Majority Leader Schumer that was reportedly about the…

The market is looking for the next ‘domino’ to fall, keeping banks under pressure

[ad_1] Traders work on the floor of the New York Stock Exchange. Brendan McDermid | Reuters After an intense few days in which the fate of ailing lender First Republic…

Wall Street is cutting more jobs as Morgan Stanley plans 3,000 layoffs

[ad_1] The logo of Morgan Stanley is seen in New York  Shannon Stapleton | Reuters As Wall Street’s slump in IPOs and mergers deepens this year, top advisory firms including…

Jamie Dimon: ‘This part of the crisis is over’ after JPMorgan Chase acquires First Republic

[ad_1] Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview at the JPMorgan Global High Yield and Leveraged Finance Conference in Miami,…

JPMorgan Chase takes over First Republic after it’s seized by regulators

[ad_1] A view of the First Republic Bank logo at the Park Avenue location, in New York City, March 10, 2023. David Dee Delgado | Reuters Regulators took possession of…

Bankers’ pitch to save First Republic: Help us now, or pay more later when it fails

[ad_1] Jakub Porzycki | Nurphoto | Getty Images The best hope for avoiding a collapse of ailing lender First Republic hinges on how persuasive one group of bankers can be…

Why regulators seized Signature Bank in third-biggest bank failure in U.S. history

[ad_1] The Signature Bank headquarters at 565 Fifth Avenue in New York, US, on Sunday, March 12, 2023. Lokman Vural Elibol | Anadolu Agency | Getty Images On Friday, Signature…

Here’s how the second-biggest bank collapse in U.S. history happened in just 48 hours

[ad_1] A Brinks armored truck sits parked in front of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California. Justin Sullivan | Getty Images…

JPMorgan shutters website it paid $175 million for, accuses founder of inventing millions of accounts

[ad_1] Jamie Dimon said in June that he was preparing the bank for an economic “hurricane” caused by the Federal Reserve and Russia’s war in Ukraine. Al Drago | Bloomberg…