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JPMorgan Chase and Co

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  • *Nordea, Deutsche Bank lead with results this week. LONDON, Jan 26- The euro zone's attempt to kick-start its stagnant economy should provide a bright spot for European bank bosses in a results' season that will be grim for investment bank revenues, sluggish for returns and where cost-cutting is key. Deutsche Bank's co-CEO Anshu Jain said QE could cause "real...

  • Greek leftist leader claims victory over austerity Monday, 26 Jan 2015 | 1:56 AM ET
    Supporters of the opposition radical leftist Syriza party cheer at exit poll results which indicate that Syriza have a clear lead in Athens, Greece.

    Greek leftist leader Alexis Tsipras promised on Sunday that five years of austerity, "humiliation and suffering" were over.

  • ATHENS, Jan 25- Greece's leftwing Syriza appeared on course to trounce the ruling conservatives in Sunday's snap election and could win the absolute majority it wants to fight international creditors' insistence on painful austerity measures. While a final result may not come for hours, 40- year-old Syriza leader Alexis Tsipras was set to become prime...

  • FRANKFURT, Jan 25- Deutsche Bank will remember Thursday, Jan. 8 as the start of "Duesselgate," a nickname born not of wrongdoing, but from the shockwaves sent by a speech given in Germany's former industrial heart. "Deutsche Bank is pretty much alone in Europe with this claim," he said only weeks after the group decided to examine its business model from head to toe.

  • The atmosphere will already be tense as the fallout from Sunday's snap election in Greece settles and concern has grown in some quarters that central banks, which played such a big part in guiding economies through the financial crisis, are becoming less predictable. The shock of the Swiss National Bank abandoning its cornerstone currency cap had yet to fully...

  • LONDON, Jan 25- The growing ranks of the super rich and their increased appetite for risk have caught the eye of investment bankers. Traditionally focused on companies and institutions, investment banks are hiring staff and reorganising teams to cater to wealthy clans, from Chinese multi-millionaires to old world dynasties in Europe and the United States.

  • Porn moving into the mainstream? Not quite Saturday, 24 Jan 2015 | 2:00 PM ET
    Adult film actress Chanel Preston, who is concerned that performers don't have enough control over health issues.

    Parts of mainstream society are embracing adult entertainment, but other segments are still resistant to the industry's cultural import.

  • Final Glance: Banks companies Friday, 23 Jan 2015 | 6:04 PM ET

    Bank of America Corp. fell$. 36 or 2.2 percent, to $15.73. Citigroup Inc. fell$. 95 or 1.9 percent, to $48.62. Goldman Sachs fell $1.55 or. 9 percent, to $180.49.

  • Midday Glance: Banks companies Friday, 23 Jan 2015 | 1:31 PM ET

    Bank of America Corp. fell$. 16 or 1.0 percent, to $15.93. Citigroup Inc. fell$. 48 or 1.0 percent, to $49.09. Wells Fargo fell$. 16 or. 3 percent, to $53.61.

  • NEW YORK, Jan 23- Issuance of green bonds for companies working on battling climate change are booming, but investors say the label needs safeguards against bogus proposals that could sour retail buyers and wealth advisers just starting to tune into the securities. "The market is at a critical juncture, and it is important that certain standards and certain...

  • Jan 23- Shares of online data storage provider Box Inc rose as much as 77 percent in their market debut as investors bet on the company's ability to turn profitable in a highly competitive market, boding well for another big year for IPOs. Box's shares, which priced at $14, hit a high of $24.72 in morning trading on the New York Stock Exchange on Friday, valuing the...

  • WASHINGTON, Jan 23- U.S. home resales rebounded in December, but continued low participation by first-time buyers in the market suggested the housing recovery would remain gradual for now. The National Association of Realtors said on Friday existing home sales increased 2.4 percent to an annual rate of 5.04 million units last month. "The still-tight mortgage...

  • Early Glance: Banks companies Friday, 23 Jan 2015 | 11:24 AM ET

    Bank of America Corp. fell$. 09 or. 6 percent, to $16.00. Citigroup Inc. fell$. 28 or. 6 percent, to $49.30. Goldman Sachs rose$. 19 or. 1 percent, to $182.23.

  • Jan 23- Online data storage provider Box Inc's shares rose as much as 77 percent in their debut on Friday as investors shrugged off concerns about the company's ability to turn profitable in a highly competitive market. Box's shares opened at $20.20 and hit a high of $24.72 in early trading on Friday on the New York Stock Exchange, valuing the company at nearly $3...

  • US banks resign themselves to lower yields Friday, 23 Jan 2015 | 7:32 AM ET
    A Wells Fargo bank branch in New York City.

    U.S. banks are now resigning themselves to at least another few quarters of low rates, executives and analysts said.

  • *Interest rate cuts seen in China, India, South Korea. BENGALURU, Jan 23- Emerging Asian economies will grow at a lackluster pace this year and next, held back by a slowdown in China and weak global demand, while cooling inflation will probably throw open the door for monetary policy easing, a Reuters poll showed. China's growth rate will probably slow further to 7.0...

  • Banks including Wells Fargo& Co and PNC Financial Services Group are contemplating steps like investing their extra cash at current low yields or using derivatives that pay off if rates stay low. Positioning for higher rates has cost the 20 largest U.S. banks somewhere between $2.5 billion and $3 billion of income each quarter, roughly 6 percent of their...

  • *JPMorgan CEO gets first cash bonus in three years. Jan 22- JPMorgan Chase& Co paid Chief Executive Jamie Dimon a first cash bonus in three years, part of a total 2014 pay package of $20 million that was unchanged from the year before. Dimon received a $7.4 million cash incentive bonus, JPMorgan said in a regulatory filing, atop a base salary of $1.5 million and $11.1...

  • Final Glance: Banks companies Thursday, 22 Jan 2015 | 6:05 PM ET

    Bank of America Corp. rose$. 68 or 4.4 percent, to $16.09. Citigroup Inc. rose $1.83 or 3.8 percent, to $49.57. Goldman Sachs rose $4.89 or 2.8 percent, to $182.04.

  • Jan 22- JPMorgan Chase& Co's Jamie Dimon's compensation in 2014 stayed unchanged at $20 million, but the chief executive officer got a cash bonus, something he was not awarded in 2013.. JPMorgan is the biggest U.S. bank, with $2.6 trillion in assets. Two year ago, Dimon's pay was cut in half to $11.5 million for 2012, which was the year JPMorgan traders handling company...