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| | | JPMorgan Chase chief executive and chairman Jamie Dimon has said that the group is taking reasonable risk and have built in an appropriate margin for error in the proposed acquisition of Bear Stearns. Local banking stocks are down today after news of ... |
| | | | ... its lending rate to financial institutions on Sunday to increase the cash available to the banking system, and JPMorgan Chase said it would buy rival bank Bear Stearns, which needed funding assistance last week to avert collapse. At 1200 AEDT, the benchmark ... |
| | | | ... negative but the S&P 500 index traded up marginally as a decline in bank stocks, including Bank of America Corp and JPMorgan Chase & Co, punctured an earlier rally. Traders said there was disappointment with aspects of bond insurer Ambac Financial Group ... |
| | | | JPMorgan Chase has developed IPO Target Redemption Strategic Asset Securities (IPO STRATAS), a structured product based on an index that returned seven times more than the S&P 500 in the past five years. IPO STRATAS was created with Citibank and is ... |
| | | | How the mighty have fallen. From Merrill Lynch to JPMorgan Chase, the world's investment banking stalwarts have all shed blood from the US sub-prime scalping - but Australian fund managers are weathering the storm. Last week, Merrill Lynch reported ... |
| | | | ... the world's largest computer chip maker, posted earnings and a profit forecast that disappointed investors. But JPMorgan Chase & Co, the number three US bank, provided comparative relief from the gloom cast by Citigroup's record quarterly loss on Tuesday ... |
| | | | Former British prime minister Tony Blair has joined JPMorgan Chase in a senior advisory role and as a member of its International Council. Blair will work with JPMorgan Chase' senior management team on a part time basis. "We operate our business all ... |
| | | | ... and the wider economy. In a sign of growing unease about the credit squeeze and fallout from the housing slump, JPMorgan Chase slashed its earnings outlook for four major Wall Street banks, fuelling another sell-off in financial shares. Shares of credit ... |
| | | | ... on shares of energy companies, including Exxon Mobil Corp. In a sign of growing unease about the credit squeeze, JPMorgan Chase slashed its earnings outlook for Wall Street banks. Investors turned cautious as the focus shifts to the Federal Reserve's ... |
| | | | ... lifted retail stocks, while progress in a plan to relieve the credit market's crisis aided bank shares. Shares of JPMorgan Chase, Bank of America and Citigroup all rose more than two per cent. The three banks, spearheading an effort to establish a superfund ... |
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