Tag: JP Morgan Chase

• Monday, October 30th 2017 - 07:00 UTC

  Venezuela makes last minute major bond payment, but 2018 service will demand US$ 10bn

  

  Venezuelan state oil company PDVSA began making a major bond payment, easing short-term worries about default but leaving the populist government with less cash to attend to food shortages and economic depression.

• Friday, October 13th 2017 - 12:52 UTC

  HSBC names John Flint as next CEO; JP Morgan Chase and Citigroup profits up

  

  Banking giant HSBC has named John Flint, current head of retail banking and wealth management, as its new boss. Mr Flint, who takes over from outgoing chief executive Stuart Gulliver, will start his new role next February.

• Saturday, July 15th 2017 - 08:31 UTC

  US top banker blasts “political gridlock” and says it is “almost embarrassment” to be a US citizen

  

  JP Morgan Chase boss Jamie Dimon condemned the state of US politics on Friday, saying political gridlock is hurting the US economy, and called Americans must “get our act together” or risk limiting themselves to 1.5% to 2% growth.

• Tuesday, May 16th 2017 - 07:32 UTC

  JP Morgan buys new office building in Dublin which can accommodate 1.000 staff

  

  JP Morgan, the US investment bank, has bought a new office building in Dublin that can accommodate up to 1,000 staff. The bank said the purchase reflected its thriving existing business in Dublin, where it employs 500 staff, however the new office may provide space for hundreds of JP Morgan workers that it plans to relocate from London following the Brexit decision.

• Friday, May 5th 2017 - 10:32 UTC

  Goldman Sachs warns Brexit could stall London's dominant financial position

  

  The chief executive of Goldman Sachs has warned that Brexit could see international banks reducing their footprint in Britain, and signaled the US firm has contingency plans in place to move staff out of the UK and into the EU.

• Tuesday, December 29th 2015 - 08:23 UTC

  JPMorgan-Chase describes Macri's Argentina as “a ray of sunshine” in the region

  

  A growing number of foreign investors are signaling interest in Argentina following the pro-market turn that newly-inaugurated President Mauricio Macri started showing since taking office. The latest financial player to endorse the country as a promising investment destination was JP Morgan Chase, the largest bank in the United States, where current Finance Minister Alfonso Prat-Gay worked in the past.