A JP Morgan-owned bulker has suffered hull damage after grounding off Brazil. The 208,000-dwt True Conrad (built 2017) got stuck in Ilha Grande Bay on 10 May, Super Radio Tupi reported, citing the state institute for the environment, Inea. Cursed…
An analyst from Jefferies maintained JPMorgan (NYSE: JPM) at ‘hold’ with a price target of $149.00 from a prior price target of %currency%%price%. Prior to this rating, JPMorgan had 18 buy ratings, 8 hold ratings, and 0 sell rating JPMorgan’s stock…
Macau’s casino gross gaming revenue (GGR) stood at MOP8.0 billion (US$990.9 million) in the first 14 days of May, estimated JP Morgan Securities (Asia Pacific) Ltd, citing its own checks. That would imply a daily run-rate of MOP570 million, stated…
The city of Lismore in NSW’s Northern Rivers region is often celebrated as the “rainbow” region, a moniker that sums up its colourful arts and music scene, and its friendly locals. But in 2022, Lismore took a huge hit. Catastrophic…
When was the first female crash test dummy used to accurately gauge the impact of car accidents on women’s bodies? Was it 30 years ago? Twenty years? Ten? Shockingly, it was only in November 2022 — a fact that drew…
Commonwealth Bank of Australia’s Chief Economist Stephen Halmarick has provided an initial reaction to today’s 2023/24 Commonwealth Budget, ahead of the publication of a detailed report on its key spending commitments: “The 2022/23 budget is now estimated to be in surplus…
The CommBank Household Spending Intentions (HSI) Index fell 4.3 per cent in April as a result of fewer trading days in the month with the Easter and Anzac Day public holidays, while the lagged effect of recent Reserve Bank of Australia (RBA)…
Commonwealth Bank has reported an unaudited cash net profit after tax (NPAT) of $2.6 billion for the third quarter of its current financial year, up 1% on 1H23 quarterly average (up 3% after adjusting for day-count) and 10% higher than the…
RBC Global Asset Management Inc. (“RBC GAM Inc.”) today announced April mutual fund net redemptions of $833 million. Long-term funds had net redemptions of $1.1 billion and money market funds had net sales of $225 million. Mutual fund assets under management increased by 1.1…
Wells Fargo & Company (NYSE: WFC) (“Wells Fargo”) and certain of its consolidated subsidiaries have issued debt securities, certificates of deposit, trust preferred securities and preferred stock and related depositary shares that reference the London Interbank Offered Rate (LIBOR) for…
Wells Fargo & Company (NYSE: WFC) today announced that Jeff Hogan has joined the Corporate & Investment Bank (CIB) as co‑head of Global Mergers & Acquisitions (M&A) within the Banking division. He will co‑lead the M&A team with David DeNunzio, who has led…
Bank of America Corporation announced today that it will redeem on May 19, 2023 all $1,000,000,000 principal amount outstanding of its 1.486% Fixed/Floating Rate Senior Notes, due May 2024 (CUSIP No. 06051GJC4) (the “Notes”), at a redemption price equal to 100%…
