Tag: jpmorgan
Bank Shares Fall as SVB Shut By Regulators
Shares in U.S. banks broadly declined on Friday with the failure of SVB Financial Group hitting the industry as a whole. The California banking regulator closed Silicon Valley Bank, with the company's stock being halted on Friday.
The closure of SVB Financial Group has become...
JPMorgan Reportedly Ending Banking Relationship With Crypto Exchange Gemini
Crypto exchanges and other cryptocurrency companies are finding it increasingly hard to find partners among established financial institutions. According to Reuters, JPMorgan Chase & Co is in the process of cutting ties with crypto exchange Gemini and intends to end the banking relationship between...
S&P 500 and Nasdaq End at Highest in Month as Bank Stocks Rise
Both the S&P 500 and the Nasdaq Composite Index ended at their highest levels in a month on Friday after banking shares led by JPMorgan Chase & Co rose following the release of their quarterly results.
After rising 0.4% on Friday, the S&P 500...
JPMorgan Sets 2030 Emissions Targets For Partners
JPMorgan announced on Thursday that it has set targets to cut emissions by 2030 that are tied to its financing activities in the aviation, cement, iron, and steel sectors. This comes after the investment bank released similar emissions reduction targets for its activities linked...
Corporate Opinion Currently Low On U.S. Economy
If you were wondering how Corporate America currently feels about the U.S. economy, you're in for a real treat. In recent days, we've seen evidence of major corporation leaders casting a downtrodden perspective on the American economy as a whole.
Tesla mogul Elon Musk, for...