MOVES-JPMorgan promotes Darahem to lead Brazil business

HONG KONG, June 19 (Reuters) – Investment bank JPMorgan has appointed its Asia-Pacific equity capital markets head, Daniel Darahem, to lead its Brazil business, a memo from the bank showed. Darahem will become senior country officer for his home country after spending the past four years in Hong Kong. In the memo, seen by Reuters, the U.S. investment bank said […]

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JPMorgan fills senior leadership roles after February makeover

LONDON (Reuters) – JPMorgan (JPM.N) has made a number of changes in senior positions in its investment bank in the Europe, Middle East and Africa (EMEA) region to support a February reshuffle of the top roles, according to an internal memo seen by Reuters. Head of EMEA investment banking industries coverage Guillermo Baygual will expand his responsibilities to become co-head […]

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Wells Fargo, JPMorgan Among Banks Sued Over SBA Virus Loan Aid

Wells Fargo & Co., Bank of America Corp., JPMorgan Chase & Co. and US Bancorp were sued by small businesses that accused the lenders of prioritizing large loans distributed as part of the virus rescue package, shutting out the smallest firms that sought money. The four banks processed applications for the largest loan amounts because they generated the highest fees, […]

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JPMorgan hires senior tech executive from Goldman Sachs: memo

NEW YORK (Reuters) – JPMorgan Chase & Co (JPM.N) has hired senior banking technology executive Gavin Leo-Rhynie as head of engineering and architecture for the corporate and investment bank (CIB), according to a memo seen by Reuters. Leo-Rhynie, who will be based in New York, will join the bank on Monday after more than two decades at Goldman Sachs Group […]

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JPMorgan says 'oui' to Paris expansion post-Brexit

PARIS (Reuters) – JPMorgan Chase & Co (JPM.N) is the latest investment bank to significantly expand its Paris hub as part of plans to relocate some services from London after Britain’s exit from the European Union, snapping up new premises in the French capital. JPMorgan would have said “No” to a Paris move back in 2016, its French executive told […]

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JPMorgan is hiring women who left careers to have kids

New York (CNN Business)JPMorgan wants to give people with criminal records a second chance at a good job. The United States is boasting its lowest unemployment rate in nearly 50 years, but that doesn’t hold true for people with prior convictions. Enter the largest bank in the country, which said on Monday it wants to level the playing field. “When […]

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JPMorgan delivers record revenue

JPMorgan Chase CEO Jamie Dimon doesn’t see a recession coming FoxNews.com columnist Liz Peek, former investment banker Carol Roth, former Pennsylvania governor Ed Rendell (D) and Kaltbaum Capital Management President Gary Kaltbaum on JPMorgan Chase CEO Jamie Dimon’s claim that the U.S. won’t see a recession for the next few years. JPMorgan Chase reported better than expected third-quarter results, sending […]

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JPMorgan eyeing buyers for FreshDirect: Report

Delivery ‘a win and lose’ for restaurants: ‘Bar Rescue’ host Jon Taffer ‘Bar Rescue’ host Jon Taffer argues ‘in today’s world [restaurants] just have to be in that delivery marketplace.’ JPMorgan is reportedly eyeing buyers for FreshDirect, indicating they want out of their investment into the online food retailer recently plagued by delivery problems, according to a new report. Continue Reading Below […]

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Investors' bullishness on U.S. bonds highest since late July -survey

Sept 17 (Reuters) – Bond investors are now the most bullish they’ve been on U.S. longer-dated government debt since late July following the biggest weekly sell-off in the Treasuries market in over three years, a J.P. Morgan survey released on Tuesday showed. Last week, benchmark 10-year Treasury yields reached a six-week peak at 1.908% prompted by optimism over a possible […]

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