The JPMorgan Chase & Co. headquarters in New York, US, on Friday, July 7, 2023. Michael Nagle | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like … Read more
Jamie Dimon, Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co., gestures as he speaks during an interview with Reuters in Miami, Florida, U.S., February 8, 2023. Marco Bello | Reuters American banks are closing out another quarter in which interest rates surged, reviving concerns about shrinking margins and rising loan … Read more
People walk outside of the New York Stock Exchange (NYSE) on September 05, 2023 in New York City. Spencer Platt | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more
JPMorgan Chase on Friday topped analysts’ expectations for third-quarter profit and revenue as the bank generated more interest income than expected, while credit costs were lower than expected. Here’s what the company reported: Earnings: $4.33 a shareRevenue: $40.69 billion, vs. $39.63 billion LSEG estimate The bank said profit surged 35% to $13.15 billion, or $4.33 a … Read more
Folks strolling subsequent to a Turkish nationwide flag on the historic grand bazaar in Istanbul. Ozan Kose | AFP | Getty Photos The Turkish lira slumped to yet one more all-time low Tuesday, extending its slide after the re-election of incumbent President Recep Tayyip Erdogan. The forex was final buying and selling at 20.29 towards the dollar at round … Read more
A person holding a Turkish flag. Uriel Sinai | Getty Photographs The Turkish lira sank Monday as incumbent Recep Tayyip Erdogan secured his victory within the 2023 presidential election, extending his rule into a 3rd decade in energy. The forex was buying and selling at 19.97 towards the buck as of Monday 4 a.m. London … Read more