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)