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JPMORGAN BANK TAKEOVER
Citi’s Indian-born banker Raghavan rises as CEO dark horseVis Raghavan, an Indian-born banker, has dramatically revitalised Citigroup's investment banking division since joining in 2023. His intens...
JPMorgan Q2 Results: Profit jumps 25% to record, fuelled by investment bankingA surge in debt and equity offerings, alongside increased takeover deals, fueled by growing confidence in the U.S. economy, has significant...
JPMorgan to open more than 500 new bank branches over next three yearsJPMorgan Chase announces aggressive bank expansion, adding over 500 new U.S. branch locations by 2027. The expansion aims to broaden JPMorg...
Will 'sell in May and go away' be a good idea for investors this year?Investors are questioning whether the "Sell in May and Go Away" adage will hold true after the recent 6% surge in the Nifty. The US Federal...
First Republic's $30 billion rescue fails to soothe investor fearThe San Francisco-based company will still need to move quickly to find a way to remain independent, or strike a deal for a takeover. The d...
JPMorgan's Aiyengar becomes the only woman to head M&A on Wall StreetAiyengar has been with the firm for more than 20 years and was named co-head of global M&A in 2020. As somewhat of an M&A generalist, the I...
- JPMorgan to hire more I-bankers to match Morgan Stanley, Citigroup
The US bank will stay a wholesale bank in India in line with its view of not getting into retail in non-US markets.
- Wall Street bravehearts have a lot to think about
Just hours before the bailout went down, Pandit’s Citigroup, also with the help of the FDIC, agreed to buy Wachovia’s bad loans and bank br...
- Dimon rises as Wall Street flounders
With the acquisition of Washington Mutual, JPMorgan Chase chief executive Jamie Dimon is starting to look a little more like this century’s...
- JPMorgan to take over Washington Mutual deposits: report
US bank JPMorgan Chase is to take over the deposits and the bulk of the operations of its struggling competitor Washington Mutual at the re...
- JPMorgan profit dives 52%
JPMorgan Chase & Co, the largest US bank by market value,announced that its profit fell 52%.
- US Fed approves JPMorgan's 'emergency' bid for Bear Stearns
US Federal Reserve has approved JPMorgan Chase's proposed takeover of Bear Stearns, two weeks after it was announced, explaining the except...
- S&P cuts Goldman, Lehman rating outlook to negative
Goldman Sachs Group and smaller rival Lehman Brothers Holdings had their credit-rating outlook cut to negative by Standard & Poor’s, which ...
- Fortis to raise e2.5 bn for ABN takeover
Fortis plans to raise $3.7 billion by selling bonds convertible into shares to help finance the takeover.
- The slip's showing
Citigroup and JPMorgan Chase & Co trail the earnings growth of Goldman Sachs Group and Morgan Stanley.
- Investment banker is now getting paid less for service
In the world of mergers and acquisitions, where strategic advice increasingly is just another commodity to go with corporate loans, Goldman...
- Goldman, Merrill lead in $200-m Mittal fee bonanza
Goldman Sachs Group and Merrill Lynch are leading 13 banks set to share more than $200m in fees from Mittal Steel’s five-month battle to ac...