JPMorganโs Turkey Securities Unit Plans to Cease Operations
JPMorgan Chase & Co.โs securities unit in Turkey said it planned to cease operating in the country.
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JPMorgan Chase & Co.โs securities unit in Turkey said it planned to cease operating in the country.
Investor concerns over CoreWeave Inc.โs mounting debt and rapid cash burn are likely overdone, analysts at JPMorgan Chase & Co. said, given that rapid expansion is driving its financing needs rather than weak project economics.
Priya Misra, Core Plus Bond ETF portfolio manager at JPMorgan Asset Management, says moves in the bond market are โoverdone,โ pricing in three interest-rate hikes by the Federal Reserve. Misra also says fixed income is a โreally attractive asset classโ to hedge the AI trade. (Source: Bloomberg)
JPMorgan Chase Chairman and CEO Jamie Dimon discusses the impact of the federal debt on the bond market during an event at the Economic Club of Chicago. (Source: Bloomberg)
JPMorgan Chase & Co. reported the first decline in more than two years in fixed income, currency, and commodities sales and trading revenue for the third quarter, falling short of the average analyst estimate at $5.37 billion. Equity trading was the standout for the bank, notching $4.95 billion in the quarter. Kristine Aquino reports on Bloomberg Television. (Source: Bloomberg)
JPMorgan Chase & Co. and Goldman Sachs Group Inc. have taken a rare move to limit their exposure on a $5 billion loan sale for AI startup Volta Infrastructure Holdings Ltd. as investors demand higher yields for risky debt tied to the artificial intelligence boom.
Brij Khurana, senior managing director and fixed income portfolio manager at Wellington, and Kelsey Berro, fixed income portfolio manager at JPMorgan Asset Management, join Scarlet Fu on "Bloomberg Real Yield." A rally in oil prices rippled through global markets, sending stocks lower and whipsawing bonds on worries that higher energy costs will fuel inflation and force the Federal Reserve to boost rates. (Source: Bloomberg)
The deeply distressed tail of the leveraged loan universe has grown to levels not seen since the beginning of the pandemic, with technology the single biggest sector under pressure.
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimonย says investors should get used to the fact that markets go up and down. He says if you try to game the market, you are guaranteed to lose money. He speaks exclusively with Tom Mackenzie at JPMorganโs Tech Stars Conference in London. (Source: Bloomberg)
JPMorgan Chase & Co. is pitching a yield of about 11% on a $5 billion leveraged-loan sale on behalf of Volta Infrastructure Holdings Ltd., one of the highest borrowing costs seen in the market for risky debt thatโs become popular for financing the AI boom.
JPMorgan Chase & Co. strategists see US investment-grade corporate bonds outperforming Treasuries in the fourth quarter, citing factors including slowing sales from big tech companies and strong corporate earnings.
Sajjid Chinoy, chief India economist for JPMorgan Chase & Co expects the RBI to take an appropriately cautious or hawkish tone to signal to markets that more maybe in the pipeline. He said this in an conversation with Bloomberg Television's Paul Allen. (Source: Bloomberg)
Kristin Kallergis Rowland, global head of alternative investments at JPMorgan Private Bank, joins Dani Burger on "Bloomberg Deals." Kristin Kallergis Rowland explains how an investor ends up being on both the bull and bear side of AI. (Source: Bloomberg)
JPMorgan Chase & Co. and Ford Motor Co. are helping launch a new program to bolster production in the state of Michigan. The bank and automaker will help suppliers in the program. JPMorgan CEO Jamie Dimon, Ford CEO Jim Farley and Michigan Governor Gretchen Whitmer speak exclusively to Bloomberg's David Westin in Detroit. (Source: Bloomberg)
Jamie Dimonโs recent whirlwind visit to Hong Kong followed a similar script: a schedule packed with meetings involving the entrepreneurs and business leaders connecting China with global markets. But it was his increasingly visible stance on global issues that appeared to extend his career beyond market strategy and financial industry leadership as CEO of JPMorgan Chase. His preoccupation with economic growth and world affairs drew particular attention in Hong Kong last week, shortly before...
The trading desk at JPMorgan Chase & Co. flipped its view on US equities to bullish from tactically neutral, saying economic data and earnings will underpin a persistent market boom.
Bob Michele, global head of fixed income at JPMorgan Asset Management, expects the bond market to settle down after this week's US economic data and says, โif we see some stabilization here, we have our next buy level, weโve got plenty of buying left to do.โ He speaks on โBloomberg Surveillance.โ (Source: Bloomberg)
Technology stocks are set to regain some of the momentum theyโve lost since the end of the first half as reduced crowding, strong earnings and more realistic valuations pull investors back toward them, according to JPMorgan Chase & Co. strategists.