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Tag: JPMorgan
Morgan Stanley reports better-than-expected comeback with 61.7% rise
Morgan Stanley’s quarterly profit rose 61.7% to $1.52 billion from $939 million for the quarter ended September 30, while earnings…
Read MoreJPMorgan’s Mick Wiedrick to join BNP Paribas as head of ABS Syndicate
The French multinational bank and financial services company BNP Paribas (EPA:BNP) has recruited Mick Wiedrick from JPMorgan (NYSE:JPM) to join…
Read MoreJPMorgan is giving 18,000 US employees a raise over the next 3 years
JPMorgan Chase & Co. (NYSE:JPM)’s CEO Jamie Dimon is giving his employees a big raise. And don’t think that he’s…
Read MoreMarkit introduces centralised FX trade confirmation service
Citi and J.P. Morgan were the first to confirm FX options trades through the new service, which is part of the MarkitSERV trade processing platform.
Read MoreGlobal law firm Hausfeld, counsel against banks in the US, lifts the lid on FX rigging outcomes
The rights of customers cannot be subordinated to the self-interest of trader profit. The duties of financial institutions to those who entrust them with their investments must be respected. Where there is a failure of this responsibility, it must be clear that there will be accountability” – Michael D. Hausfeld
Read MoreJP Morgan reports 12% increase in first quarter profits, with FX volatility a major factor
JPMorgan’s 12% increase in profits for the first quarter of 2015 was driven by currency market volatility and emerging markets
Read MoreJPMorgan makes gain of $250 million amid turmoil for FX brokers and banks following Swiss franc’s rapid appreciation
A report by the Wall Street Journal states that JPMorgan, by contrast to many interbank FX dealers and market participants, recorded a gain of between $250 million and $300 million following the sharp appreciation of the Swiss franc on January 15 this year
Read MoreJPMorgan Singapore unit receives Chinese market boost with renminbi investor license
JPMorgan Asset Management will look to expand on the US $6.9 billion in assets under management it currently has in Singapore
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