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  • Home
  • About Us
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  • PPP Trade
  • Project Financing
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    • Project and Structured Finance
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Finance

JPMorgan leaders shaping its strategy as succession comes into focus

May 20 (Reuters) – At JPMorgan Chase’s (JPM.N), opens new tab investor day on Monday, shareholders will focus on the bank’s growth strategy and succession plans. CEO Jamie Dimon and President Daniel Pinto are among the key executives expected to be present. […]

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Wall Street bets on stellar quarterly results from Nvidia

May 20 (Reuters) – Wall Street is betting on a blowout quarterly report from Nvidia (NVDA.O), opens new tab on Wednesday, with its stock near record highs as investors look for evidence that the AI chipmaker can maintain its explosive growth and […]

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Alibaba Shares Rise as Investors Grow Confident in Long-Term Outlook

Alibaba 9988 7.53%increase; green up pointing triangle shares rose in Hong Kong, recouping losses from a day earlier as investors turned upbeat on its latest earnings release. Shares were 7.0% higher at HK$85.30 on Friday, after it dropped 3.6% on Thursday in the […]

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NYCB’s chief operating officer to step down

May 16 (Reuters) – Embattled lender New York Community Bancorp (NYCB.N), opens new tab said on Thursday that its Chief Operating Officer Julie-Ann Signorille-Browne has resigned from her role, effective May 24. Source: REUTER

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US Treasury seeks to close money-laundering loopholes

May 16 (Reuters) – The U.S. Treasury Department said on Thursday it is looking whether more regulations are needed to prevent money laundering and illicit finance. Closing legal and regulatory gaps is a top priority, the department said. WHY IT […]

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Johnson & Johnson to acquire Proteologix for $850 million

May 16 (Reuters) – Johnson & Johnson (JNJ.N), opens new tab said on Thursday it would acquire Proteologix for $850 million in cash, as it looks to gain access to the privately held company’s experimental atopic dermatitis treatments. Proteologix’s antibody PX128 is […]

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Exclusive: U.S. warned Raiffeisen access to dollar system could be curbed over Russia

FRANKFURT/VIENNA, May 15 (Reuters) – Raiffeisen Bank International (RBIV.VI), opens new tab was warned by the U.S. Treasury in writing that its access to the U.S. financial system could be curbed because of its Russia dealings, according to a person who has […]

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Deutsche Bank under fire from investors over Postbank problems

FRANKFURT, May 16 (Reuters) – Big investors in Deutsche Bank (DBKGn.DE), opens new tab vented their frustration at Germany’s top lender on Thursday, describing problems at its Postbank business as a trust-damaging embarrassment. The complaints at Deutsche’s annual general meeting follow the […]

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Digitalisation of banking creates new risks, says global watchdog

LONDON, May 16 (Reuters) – The digitalisation and entry of Big Tech into finance create new vulnerabilities and amplify existing risks in the banking system that may need new rules to mitigate, global banking regulators said in a report, opens new […]

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NYCB shares rise as $5 bln loan sale to JPMorgan bolsters liquidity

May 15 (Reuters) – New York Community Bancorp’s (NYCB.N), opens new tab shares rose about 3% before the bell on Wednesday after the lender agreed to sell a portfolio of about $5 billion in mortgage warehouse loans to JPMorgan Chase (JPM.N), opens new […]

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