JPMorgan Chase & Co
5 things to know before the stock market opens Monday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures are down to start the week People walk along Wall Street near the New York Stock Exchange on March 08, 2022 in New York City. Spencer Platt | Getty Images U.S. stock futures were slightly …
Goldman’s bet to break into a $32 billion industry serving the world’s biggest corporations
Hari Moorthy, Goldman Sachs global head of transaction banking. Source: Goldman Sachs Goldman Sachs wants to help any company in the world become a bank. The firm has just released software that allows clients to embed banking services into their own products as part of a push to break into the $32 billion a year …
JPMorgan drops terms ‘master’, ‘slave’ from internal technology code
Other companies like Twitter Inc (TWTR.K) and GitHub Inc adopted similar changes, prompted by the renewed spotlight on racism after the death of George Floyd, a Black man who died in police custody in Minneapolis in May Reuters | July 4, 2020 | Updated 15:10 IST JPMorgan Chase & Co is eliminating terms like “blacklist,” …
Goldman CEO Buys Two Jets for Bank in Break With Tradition
For years, there was an allergy inside Goldman Sachs to owning a private corporate jet. Top bankers had access to rides on planes shared with others, but didn’t want to erode their less-than-stellar image on Main Street with the unnecessary extravagance of having their own. Until David Solomon took over. The bank ordered a pair …
Coronavirus crisis widens as Trump stock market sinks
U.S. President Donald Trump reacts during a Coronavirus Task Force news conference in the briefing room of the White House in Washington, D.C., U.S., on Wednesday, March 18, 2020. Kevin Dietsch | Bloomberg | Getty Images Who’s signing now? President Donald Trump last Friday boastfully signed charts showing big gains on major U.S. stock market …
Charles Schwab to buy TD Ameritrade in a $26 billion all-stock deal
Charles Schwab on Monday announced plans to buy discount brokerage rival TD Ameritrade in an all-stock deal valued at $26 billion. As part of the agreement, Ameritrade stockholders will receive 1.0837 Schwab shares for every share held. The deal is expected to close in the second half of 2020. Shares of TD Ameritrade ticked 1% …
One Medical, backed by Alphabet, has hired banks ahead of an IPO
Amir Rubin, new CEO of One Medical One Medical One Medical, a chain of primary care clinics that’s backed by Google’s parent company Alphabet and tries to bring a modern feel to the typical doctor’s office, has hired banks including J.P. Morgan and Morgan Stanley for its IPO, according to people familiar with the matter. The …
Tech jobs now a fit for a liberal arts degree or no degree at all
scyther5 | iStock | Getty Images Hiring people for technology jobs is more important than ever — and also getting harder. More than half of the companies on the CNBC Technology Executive Council said it has become more difficult to fill open tech positions compared to a year ago, while fewer than 10% say it’s …