Jamie Dimon
Disney wins proxy fight with Nelson Peltz’s Trian Partners, as shareholders reelect full board
Bob Iger poses with Mickey Mouse attends Mickey’s 90th Spectacular at The Shrine Auditorium on October 6, 2018 in Los Angeles. Valerie Macon | AFP | Getty Images Disney shareholders on Wednesday reelected the media conglomerate’s full board, preliminary results show, handing a stinging defeat to activist Nelson Peltz and former Marvel CEO Ike Perlmutter, […]
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Disney's largest shareholder Vanguard reportedly backing management over Peltz in board fight
Bob Iger, CEO of The Walt Disney Company, speaks during the grand opening ceremony of Shanghai Disney Resort’s Zootopia-themed attraction at Shanghai Disney Resort on December 19, 2023 in Shanghai, China. Visual China Group | Getty Images Disney’s largest shareholder, index-fund manager Vanguard, plans to support management over Nelson Peltz’s Trian Partners in Wednesday’s board […]
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Adam Neumann’s bid to acquire back WeWork faces uphill battle owing to funding troubles
Israeli-American businessman Adam Neumann speaks throughout The Israeli American Council (IAC) 8th Yearly National Summit on January 19, 2023 in Austin, Texas. Shahar Azran | Getty Images Adam Neumann has despatched a preliminary present to buy WeWork out of personal bankruptcy for far more than $500 million, five many years soon after he was ousted […]
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Banks are in limbo without a crucial lifeline. Here's where cracks may appear next
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 7, 2024. Brendan Mcdermid | Reuters The forces that consumed three regional lenders in March 2023 have left hundreds of smaller banks wounded, as merger activity — a key potential lifeline — has slowed to a trickle. […]
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CNBC Day by day Open: Fed level meet in target
Jerome Powell, chairman of the US Federal Reserve, through a Senate Banking, Housing, and City Affairs Committee hearing in Washington, DC, US, on Thursday, March 7, 2024. Al Drago | Bloomberg | Getty Images This report is from present day CNBC Day by day Open up, our worldwide marketplaces newsletter. CNBC Every day Open up […]
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CNBC Day-to-day Open: Wall Avenue concentrate turns to the Fed
A trader works, as a display shows a information convention by Federal Reserve Board Chair Jerome Powell subsequent the Fed level announcement, on the ground of the New York Stock Trade on Dec. 13, 2023. Brendan Mcdermid | Reuters This report is from modern CNBC Day-to-day Open up, our worldwide markets newsletter. CNBC Each day […]
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JPMorgan CEO Jamie Dimon suggests AI is not just buzz — 'This is authentic'
The burgeoning synthetic intelligence equipment from businesses these types of as OpenAI still have their share of skeptics, but really don’t count JPMorgan Chase CEO Jamie Dimon between them. The Wall Avenue titan informed CNBC’s Leslie Picker on Monday that AI is not just a passing trend and is larger than just the large language […]
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Jamie Dimon on Capital One's $35.3 billion Discover acquisition: 'Let them compete’
Jamie Dimon, President & CEO,Chairman & CEO JPMorgan Chase, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBC JPMorgan Chase CEO Jamie Dimon isn’t worried about the added competition from a bulked-up Capital One if its $35.3 billion takeover of Discover […]
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Big banks have drastically cut overdraft fees, but customers still paid $2.2 billion last year
Pedestrians pass a JPMorgan Chase bank branch in New York. Michael Nagle | Bloomberg | Getty Images The three biggest American retail banks collected 25% less overdraft revenue last year as the companies, under pressure from regulators to cap the fees, created new ways for customers to avoid the penalties. JPMorgan Chase, Wells Fargo and […]
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JPMorgan Chase shuffles top leaders as race to succeed Jamie Dimon drags on
Jamie Dimon, President & CEO,Chairman & CEO JPMorgan Chase, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBC JPMorgan Chase on Thursday said several executives considered frontrunners to one day take over for CEO Jamie Dimon had new or expanded roles. […]
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