The Latest Breaking News from JP Morgan

Evaluating the China effect

One-third of the world economy may slide into a recession this year, but the outlook for China remains more murky.

Bangkok Post · Jan 15, 2023

UK may avoid 2022 recession after growing 0.1% in November – as it happened

UK economy beat forecasts with 0.1% growth in November, as food and drink businesses benefited from the FIFA World Cup

The Guardian - UK · Jan 13, 2023

JP Morgan investment bankers suffer 30% bonus cut as takeover deals slump

Wall Street’s largest lender reports 22% fall in full-year profits including 58% drop in fees from dealmaking

The Guardian - UK · Jan 13, 2023

Why did no one short FTX? It’s complicated

One Wall Street short-seller says crypto was “the world’s best party”—and wishes he had made a “Big Short”–type bet.

Fortune · Jan 3, 2023

Epstein's sex trafficking was aided by JPMorgan, a U.S. Virgin Islands lawsuit says

The U.S.V.I. says JPMorgan Chase didn't report Jeffrey Epstein's suspicious financial activities and provided him banking services after his 2008 conviction for soliciting a minor.

WEKU · Dec 30, 2022

US Virgin Islands district attorney fired days after suing JP Morgan Chase over Jeffrey Epstein ties

Virgin Islands Governor Albert Bryan said he had ‘relieved’ Denise George of her duties amid reports he was unaware of a lawsuit filed against JP Morgan Chase

The Independent UK · Dec 29, 2022

Interest-Rate Paths for U.S. and Europe Set to Diverge

The Federal Reserve's aggressive campaign against high inflation dominated global financial markets this year. Starting this week, the action shifts to Europe, where inflation could prove stickier and harder to tame. That shift is likely to reverse some of the key market dynamics of 2022, most significantly a superstrong dollar.

Bangkok Post · Dec 13, 2022

Analysts see Fed rate hike of 0.5%

Analysts expect the Federal Reserve to raise interest rates by 0.5% in the middle of this month, putting pressure on stocks, gold and oil to continue their freefall.

Bangkok Post · Dec 8, 2022

'Zombie' wage deals have hurt Australians for years. Here's how new industrial relations law could finally end your wage pain

If you wanted to hold back Australian wages you would design a system pretty much like the one we have today. But how did that come about and can new IR laws make a difference? Peter Martin explains.

ABC News · Nov 29, 2022

'Zombie' wage deals have hurt Australians for years. Here's how new industrial relations laws could finally end your wage pain

Imagine you were trying to design a system that would hold back wages. You would design one pretty much like the one we’ve got today.

The Conversation · Nov 29, 2022