JPMorgan Chase & Co's M & A business recorded the best performance in the last quarter, but the loan department grew slowly.
JPMorgan Chase & Co's M & A trading division posted its best quarterly performance in history, but JPMorgan Chase & Co's shares fell as consumer and business loan growth continued to face challenges. Revenue from trading advisory services almost tripled in the third quarter, beating analysts' expectations and pushing JPMorgan Chase & Co's net profit to $11.7 billion. "despite the impact of the epidemic and supply chain disruptions, the economy continued to grow steadily and JPMorgan Chase & Co achieved strong performance," Chief Executive Jamie Dimon said in a statement on Wednesday. Driven by the "surge in M & An activity and the strong performance of IPO", investment banking
Rolls-Royce launches its first electric car. The founder's prediction came true 120 years ago.
Rolls-Royce on Thursday unveiled its first all-electric car, the Spectre, which will be road tested in December and delivered to customers for the first time in 2023. According to reports, this pure electric Rolls-Royce will conduct a road test around the world, with a cumulative mileage expected to reach 2.5 million km. The all-electric car will be the beginning of Rolls-Royce's full electrification, which Rolls-Royce CEO Toaston Muller says will be fully electrified by 2030. This is a milestone in the history of Rolls-Royce, and incredibly, one of the founders of the brand
Apple Inc and Amazon.Com Inc "banned" Parler
Apple Inc and Amazon.Com Inc suspended their cooperation with Parler in App Store and web hosting services. They said the social media did not do enough to prevent the spread of posts inciting violence. The move by Apple Inc and Amazon.Com Inc follows a similar move by Alphabet Inc-CL C on Friday. Parler is favored by many Trump supporters. Trump was permanently suspended from Twitter on Friday, and Parler is seen as a safe haven for those who have been expelled from Twitter. "We have suspended Parler's access to the app store unless they resolve these," Apple Inc said in a statement on Saturday.
The Senate meets on Saturday to discuss Barrett's nomination, which will be confirmed on Monday.
The procedural vote will be held on Sunday and the final confirmation will be held on Monday. On Saturday afternoon EDT, the Senate will meet in a rare session to debate Justice Amy Coney Barrett's entry to the Supreme Court. In a few days, voters will decide whether Republicans will continue to control the Senate and the White House. Democrats strongly opposed the confirmation of Barrett's appointment so close to the election, boycotting the Judiciary Committee's vote on Thursday. Senator Chuck Schumer (Chuck Schumer), Democrat of New York, adopted four kinds of procrastination wars at the Senate meeting on Friday.
11.1% of US federal student loans defaulted on the expansion of income-based repayment.
It is reported that of the $450 billion in student loans, 1/4 of student loans are being repaid through income-based repayment plans. In a popular federal student loan program, 1/4 of student loans are being repaid through looser repayment plans to help borrowers avoid default, according to Morningstar DBRS. With the support of the US government, income-based repayment plans accounted for 24.7% of the $452 billion in student loans in the fourth quarter of 2019, up from last year, Morningstar DBRS said in a report released on Friday.
Gold prices rise to their highest level since 2013 affected by geopolitical tensions
The price of gold rose to its highest level in more than six years as rising tensions in the Middle East triggered geopolitical uncertainty and demand for safe-haven assets. At one point, spot gold rose 2.3 per cent to $1588.13 an ounce, the highest level since April 2013. The price of gold rose by 18% in 2019.
US stock market premarket: Santa's rally continues, Dow futures rise 0.1%
Sina US Stock News, December 26. US stock index futures rose slightly before the market on Thursday. After the market was closed for the Christmas holidays yesterday, Wall Street resumed trading today. However, many Western markets are still on Christmas holidays, and stock markets in major countries such as Britain, France, Germany, and Italy continue to be closed. As of press release, Dow futures are up 0.1%, S&P 500 futures are up 0.1%, and NASDAQ futures are up 0.1%. As we approach the end of the year, market trading is light and liquidity is drastically reduced, and fluctuations are likely to be amplified. Due to a series of major factors such as heightened optimism about trade and the Fed's loose policy, this year
The value of LV's boss has soared by $39 billion this year, and the market capitalization of his company has soared by 82 billion.
According to data from Bloomberg, the market capitalization of French luxury giant LVMH has increased by $82 billion this year, the biggest gain of any stock in Europe, pushing the value of its chairman, Bernard Arnault (Bernard Arnault), up by $39 billion. The Swiss stock market has also had a strong year, represented by Nestl é and Roche Holding, while technology stocks are still hot, driving up the shares of industry giants ASML of the UK and SAP of Germany. According to Forbes
The new debt king Ganglak changed his view that a recession in the United States next year is unlikely.
Sina Mei News Beijing time 12 news, the CEO of two-line Capital (DoubleLine Capital), known as the "new debt king" Geoffrey-Ganglak (Jeffrey Gundlach) said that he now believes that the U. S. economy into recession next year is unlikely, the situation has changed a lot when he predicted in June that the rate of recession in the United States in the coming year was as high as 65%. The move comes after Gunrac's two-tier capital last month cut its forecast for the chances of a US recession in 2020 from 75 per cent to 40 per cent. Gunrak said on Wednesday: "We
Trump plans to attend the World Economic Forum in Davos
Sina, Dec. 9 (Xinhua)-- US President Donald Trump is planning to attend the World Economic Forum, according to Swiss daily Neue Zuercher Zeitung on Monday, citing people familiar with the matter. The news that Trump will attend the annual meeting in the Swiss town of Davos in January has not been officially confirmed.
51Talk's net loss in the third quarter narrowed to $0.01.8 million, a year-on-year decrease of 97.8%
On the evening of December 9, Beijing time, Sina Tech News (NYSE: COE) released its financial performance report for the third quarter of 2019. Financial reports show that 51Talk's third-quarter cash revenue was 547.3 million yuan. The company's overall net revenue was 409.2 million yuan. The gross margin was 71.7%, an increase of 7.9 percentage points over the previous year. Non-GAAP net loss narrowed to $01.8 million, down 97.8% year on year and 93.2% month on month. Operating cash flow of 123.2 million yuan reached a record high, an increase of 124.9 million yuan over the same period last year. 2019
iPhone11系列立功 今年第四季度苹果或重返全球第二
ECB Lien: The Eurozone economy is expected to recover within the next one to two years
Sina US Stock News reported on the 20th, Beijing time. ECB chief economist Philip Lane (Philip Lane) said in an interview on Wednesday that although the growth rate of the Eurozone economy is lower than expected, it will not fall into recession, and it is expected that there will be some recovery within the next one to two years. Lien Eun said, “The economy is not growing as fast as we expected. This dynamic is disappointing, but not negative. We expect the economy to recover within the next year or two.” Lien said that the current inflation rate of 1% in the Eurozone economy is “unsatisfactory.” Eurozone countries should take advantage of the current low interest rates to reduce, he added