Banks
JPMorgan Chase is set to report third-quarter earnings – here’s what the Street expects
JPMorgan Chase & Co CEO Jamie Dimon arrives for a Senate Banking, Housing, and Urban Affairs Committee hearing on Capitol Hill September 22, 2022 in Washington, DC. Drew Angerer | Getty Images JPMorgan Chase is scheduled to report third-quarter earnings before the opening bell Tuesday. Here’s what Wall Street expects: Earnings per share: $4.84, according […]
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Goldman Sachs reports third-quarter earnings before the bell
Key Points Goldman Sachs reports third-quarter earnings before the market opens Tuesday. Wall Street analysts expect earnings per share of $11 on revenue of $14.1 billion, according to LSEG. Goldman executives will hold a call with analysts at 9:30 a.m. ET. Source
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Goldman Sachs agrees to acquire $7 billion VC firm Industry Ventures
David Solomon, chief executive officer of Goldman Sachs Group Inc., during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations” in New York, US, on Tuesday, Aug. 6, 2024. Jeenah Moon | Bloomberg | Getty Images Goldman Sachs has agreed to acquire Industry Ventures, a venture capital firm with $7 billion in […]
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JPMorgan Chase says it will invest $10 billion into industries critical for national security
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview at the JPMorgan Chase & Co. Capital Markets conference in Paris, France, on Thursday, May 15, 2025. Cyril Marcilhacy | Bloomberg | Getty Images JPMorgan Chase on Monday said it is launching a decade-long plan to help finance and take […]
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First Brands’ implosion is ripping through private credit – and lenders are scrambling to contain the fallout
The collapse of U.S. auto parts maker First Brands Group is reverberating across the banking sector on both sides of the Atlantic. The company’s rapid demise – which is now unravelling a maze of complex debt agreements held with a range of lenders and investment funds globally – highlights the risks associated with private credit’s […]
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Morgan Stanley drops restrictions on which wealth clients can own crypto funds
Key Points Morgan Stanley on Friday told its financial advisors that the firm was broadening access to crypto investments to all clients and allowing such investments in any type of account, including retirement accounts, CNBC has learned. Starting Oct. 15, advisors will be able to pitch crypto funds to any client. Previously, the option was […]
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‘Bitcoin is not an asset class’: UK’s biggest investment platform has a stark warning for investors
Key Points The U.K.’s biggest retail investment platform, Hargreaves Lansdowne, has urged traders to exercise caution on cryptocurrencies. “The HL Investment view is that bitcoin is not an asset class, and we do not think cryptocurrency has characteristics that mean it should be included in portfolios for growth or income,” the firm said. A longstanding […]
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Top House Democrat seeks Jeffrey Epstein financial records from Dimon, other bank CEOs
Jeffrey Epstein in 2004. Rick Friedman | Corbis News | Getty Images A top House Democrat asked four major bank CEOs to share a slew of financial records related to Jeffrey Epstein, pushing forward an investigation into the notorious sex predator, after the lawmaker’s effort to subpoena the banks for the documents was blocked by […]
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Hang Seng Bank shares jump 30% on parent HSBC’s privatization bid, valuing it at over $37 billion
Two HSBC bank logos are displayed on an office building in Mexico City, Mexico, July 25, 2025. Henry Romero | Reuters Hang Seng Bank shares jumped 29.5% Thursday after parent HSBC announced plans to take it private, valuing the lender at more than 290 billion Hong Kong dollars (over $37 billion). HSBC, Europe’s largest lender, […]
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