News & Events:JPM

A nearly $17 billion JP Morgan fund is expected to reset its options positions on Thursday, potentially adding to equity volatility at the end of a dismal first half for stocks. Analysts say the JPMorgan Hedged Equity Fund's reset roiled markets in the closing hours of the last quarter and has the potential to move markets again this time around.

A nearly $17 billion JP Morgan fund is expected to reset its options positions on Thursday, potentially adding to equity volatility at the end of a dismal first half for stocks. Analysts say the JPMorgan Hedged Equity Fund's reset roiled markets in the closing hours of the last quarter and has the potential to move markets again this time around.

Morgan Stanley (MS) , Goldman Sachs (GS), Bank of America (BAC) and Wells Fargo hiked their dividends on Monday after the U.S.

Morgan Stanley (MS), Goldman Sachs, Bank of America (BAC) and Wells Fargo hiked their dividends on Monday after the U.S. banks cleared their annual stress test exercise last week. The U.S. Federal Reserve said on Thursday the country's largest lenders could easily weather a severe economic downturn, giving them a clean bill of health and paving the way for them to redistribute excess capital to shareholders.

JPMorgan Chase & Co (JPM): * JPMORGAN CHASE REGULATORY CAPITAL UPDATE. * JPMORGAN (JPM) - COMPLETED THE FEDERAL RESERVE'S 2022 COMPREHENSIVE CAPITAL ANALYSIS AND REVIEW STRESS TEST PROCESS.

Morgan Stanley (MS) and Bank of America (BAC) said on Monday they are hiking their dividends, while JPMorgan & Chase (JPM) will keep theirs flat, after the U.S. Federal Reserve gave them a clean bill of health following their annual stress tests last week.

JPMorgan Chase & Co. (JPM) announced today that it has completed the 2022 Comprehensive Capital Analysis and Review stress test process. The Firm also announced today that it has released the results of its company-run 2022 Dodd-Frank Act Stress Test for JPMorgan Chase & Co. (JPM) and JPMorgan Chase Bank, National Association.

Private equity firms Blackstone Inc (BX) and Carlyle Group Inc (CG) will reimburse U.S. employees' expenses for traveling out of state to access abortion reproduction care services.

Citigroup (C) has snapped up one of Deutsche Bank's most seasoned investment bankers to bolster its leadership team in charge of banking, capital markets and advisory in Europe, the Middle East and Africa. Patrick Frowein, a 26-year veteran who previously worked at UBS, is taking on a new role in London as Citi's vice chairman for EMEA BCMA, according to a memo seen by Reuters.

Citigroup (C) has snapped up one of Deutsche Bank's most seasoned investment bankers to bolster its leadership team in charge of banking, capital markets and advisory (BCMA) in ...

JPMorgan (JPM). * J.P. MORGAN ASSET MANAGEMENT - ANNOUNCED HIRE OF DANIEL YEM AS A SENIOR INVESTMENT SPECIALIST TO SUPPORT FIRM'S RETIREMENT SOLUTIONS TEAM Source text for Eikon: Further company coverage:

-Mr. Yem joins J.P. Morgan from BlackRock to support Defined Contribution business- NEW YORK, June 27, 2022 /PRNewswire/ -- J.P. Morgan Asset Management today announced the hire of Daniel Yem as a Senior Investment Specialist to support the firm's Retirement Solutions team.

South African internet firm Naspers Ltd  and its Prosus NV  unit look to trim down their stake in Tencent Holding Ltd  to fund a share buyback. Naspers reported FY22 revenue growth of 24% year-on-year to $36.7 billion. Core Headline Earnings declined 16% Y/Y to $2.1 billion, reflecting a lower contribution from Tencent after selling 2% of its holdings in Tencent.

Most still expect a boost in revenue even as they navigate inflation and labor shortages As the U.S. economy faces decades-high inflation, soaring interest rates and continued supply chain and labor shortages, midsize business leaders across the country are increasingly cautious in their economic outlooks, according to JPMorgan Chase’s 2022 Business Leaders Outlook Pulse survey released today.

A growing number of large U.S. companies have said they will cover travel costs for employees who must leave their home states to get abortions, but these new policies could expose businesses to lawsuits and even potential criminal liability, legal experts said.

In a recent note, JPMorgan Chase & Co said that Bitcoin's fair price is 28% higher than its current level. What Happened: JPMorgan's strategist Nikolaos Panigirtzoglou said in a note, "The past month's crypto market correction looks more like capitulation relative to last January/February, and going forward, we see upside for Bitcoin and crypto markets more generally."

A growing number of large U.S. companies have said they will cover travel costs for employees who must leave their home states to get abortions, but these new policies could expose businesses to lawsuits and even potential criminal liability, legal experts said.

U.S. companies including Walt Disney Co and Facebook parent Meta Platforms Inc said on Friday they will cover employees' expenses if they have to travel for abortion services after the U.S. Supreme Court overturned Roe v Wade.

U.S. companies including Walt Disney Co (DIS) and Facebook parent Meta Platforms Inc (META) said on Friday they will cover employees' expenses if they have to travel for abortion services after the U.S. Supreme Court overturned Roe v Wade.

The overturning of Roe v. Wade Friday -- and resulting end to a half-century of federal abortion rights in the U.S. -- is expected to lead to the procedure becoming illegal or restricted in about half of states. Major American corporations are responding by covering travel expenses for women who would need to travel out-of-state for an abortion.