independent.co.uk - 9/21/2009
—
Senior management at Cazenove and JP Morgan are thought to be close to agreeing a price for the blue-blooded City firm, which could see the American bank buy out the joint venture before the end of the year. Cazenove, the Queen's stockbroker, which is enjoying a bumper 2009, joined forces with ...
market-ticker.denninger.net - 9/23/2009
—
market-ticker.denninger.net —
I guess the threats from Congress got a
small response: Sept. 22 (Bloomberg) -- Bank of America...
Corp. and JPMorgan Chase & Co., the two biggest U.S. banks by deposits, are cutting overdraft fees amid criticism from lawmakers over the way the lenders charge customers. The ...
(more)
One TINY Piece Of Bezzle Dies
Comments
Blog Reactions
Cazenove, JPMorgan, close to deal
FT Alphaville —
Top executives at Cazenove and JPMorgan are thought to be close to agreeing a price for Cazenove’s share of their JPMorgan Cazenove UK joint venture before the year’s end, reports the Independent on Sunday. Cazenove and JPMorgan Chase & Co created the JV in 2005 and under the terms of the deal, JPMorgan has options to buy, or Cazenove to sell, its interest in the JV in February 2010. Both sides want to agree a deal ahead of the February deadline.
Cazenove and JPMorgan Close to Buyout Terms, Report Says
DealBook —
... venture.“Neither party has expressed its intentions as to whether or not it will exercise its call or put option,” the statement said. “Any decisions about the future will be made in the best interests of shareholders, clients and staff.” The newspaper said Cazenove’s chairman, David Mayhew, and Chief Executive Naguib Kheraj were holding talks with senior JPMorgan executives and it cited unnamed sources as saying that plans for the company could be unveiled as early as next month. Go to Article from The Independent » ...
Related Content
The King Report: Looking at JP Morgan Earnings
ritholtz.com 10/17/2009 —
>
JP Morgan reported better than expected earnings due to fixed income revenue jumping to a record $5B (vs. -$3.6B). Earnings are $3.59B. Once again the usual suspects hailed JPM’s “fortess-like balance sheet”. Few on The Street or in ...
Interview With the Ghost of JP Morgan
thereformedbroker.com 2/24/2009 — Last night, I was working late in my office in the Helmsley Building, blocks away from the old JP Morgan Library on Madison Ave. A stiff wind blew through the window and before I knew it, I was face to face with the Ghost of J. Pierpont ...
JPMorgan Conference Call
calculatedriskblog.com 10/14/2009 — Update: see bottom of post for Q&A.; "While we seeing some initial signs of consumer credit stability, we are not certain that this trend will continue." JPMorgan CEO Jamie Dimon, Oct 14, 2009 A few excerpts (ht Brian): CEO Jamie Dimon: “We continue ...
FT.com / Weekend / Reportage - Genesis of the debt disaster
ft.com 5/2/2009 — illustration of dominoes depicting the role of JP Morgan in the financial crisis In the 1990s, a young team at Wall Street investment bank JP Morgan pioneered a new way of making money – credit derivatives. Within a decade, the market for these exotic ...
JP Morgan Says Losses on WaMu Credit Cards Could Reach 24%
nakedcapitalism.com 5/28/2009 —
Folks, 24% is a simply breathtaking number for credit card losses, and JP Morgan is saying that is what it may see on its WaMu portfolio. Even keeling-over-and-dying Advanta is up to only 20% losses. Jamie Dimon, JPMorgan Chase chief executive, ...
JP Morgan Private Bank sees hedge funds comeback
hf-implode.com 10/7/2009 — " Wealthy clients believe the worst of the crisis is probably over and have started to come back to higher-risk assets such as hedge funds, a top banker at JP Morgan Private Bank (JPM.N: Quote, Profile, Research, Stock Buzz) said on Wednesday."
Two Ways: JP Morgan Keeps Up Earnings Momentum
minyanville.com 10/14/2009 — JP Morgan Chase Adds to Earnings Beats Earnings season is off to a good start with Intel (INTC) beating the “numbah” last night.Now JP Morgan Chase’s (JPM) results are also adding to the positive sentiment.The second largest bank in the US by assets reported profits of $0.82 a ...
JP Morgan: "High Frequency Predator Traders Feast Upon The Signals Of Others"
hf-implode.com 7/12/2009 — " hen JP Morgan discusses high frequency trading, people listen. When the head of JP Morgan's algorithmic product desk Carl Carries says that high frequency trading is merely a form of parastic market making, people should run for the hills (not in the least due to JP Morgan's proficiency in ...
$100K Hedged Portfolio Update
philstockworld.com 5/6/2009 — Well, there was no reason to adjust the portfolio this weekend but now I’m a little concerned (as I went short-term bearish yesterday morning) and it’s a good time to review our positions.
Monday gave us a lot if cushion but that doesn’t mean we have to squander ...