JPMorgan Chase and Co


  • SAO PAULO, June 4- Brazilian retailer Grupo Pao de Acucar said Wednesday its board, along with other subsidiaries of the French retailer Casino, approved a plan to merge their e-commerce units, which would have combined annual sales of $4.9 billion.

  • *Euro pinned at $1.3600 awaiting outcome of ECB meeting. SYDNEY, June 5- Asian share markets mostly tracked sideways on Thursday while the euro flatlined at $1.3600, all hostage to great expectations the European Central Bank will finally end months of dithering by easing policy further.

  • NEW YORK/ WASHINGTON, June 4- A federal appeals court on Wednesday handed the U.S. Securities and Exchange Commission a big victory by voiding a judge's pathbreaking decision to reject the regulator's $285 million fraud settlement with Citigroup Inc..

  • SEC-Citi deal wrongly rejected by judge Wednesday, 4 Jun 2014 | 1:15 PM ET

    The court said Judge Jed Rakoff was wrong to require the SEC to establish the "truth" as a condition of approving the deal.

  • NEW YORK/ WASHINGTON, June 4- The Federal Reserve may scrap elements of international measures aimed at assessing bank health in favor of imposing its own rules, frustrating bankers who have spent billions of dollars retooling their books to meet global standards.

  • Global business activity accelerated in May - PMI Wednesday, 4 Jun 2014 | 11:00 AM ET

    JPMorgan's Global All-Industry Output Index, produced with Markit, rose to 54.3 from April's 52.8, holding above the 50 mark that divides growth from contraction for the 20th month running.

  • Moscow investment bankers begin to feel the pinch Wednesday, 4 Jun 2014 | 8:56 AM ET

    "Some people primarily or solely focused on Russia are now not on Russia any more. Some people have moved back to London and don't do Russia any more or do Russia as part of a broad scope, "he said.

  • Under Basel, banks can determine how much debt they can take on by using their own models and computer systems to calculate how risky their assets are, among other methods. In other words, the Basel rules give banks a chance to monkey with their risk models to boost profit.

  • SYDNEY, June 3- Australia boasted its fastest growth in two years last quarter as exports surged by the most since 1999, though the long-awaited revival may have already been endangered by a government crusade for fiscal rectitude.

  • SYDNEY, June 3- Australia boasted its fastest growth in two years last quarter as exports surged by the most since 1999, though the long-awaited revival may have already been endangered by a government crusade for fiscal rectitude.

  • Australia’s economy on fire in first quarter Tuesday, 3 Jun 2014 | 9:59 PM ET
    Pedestrians cross an intersection at Collins Street and Swanston Street in central Melbourne, Australia.

    Australia's economy grew 3.5 percent in the first quarter on-year, above market expectations, data on Wednesday showed.

  • June 3- The former co-head of Morgan Stanley's investment bank, Paul Taubman, who has been behind some of the biggest U.S. deals this year, is launching his own advisory boutique, the Financial Times reported.

  • Global manufacturing activity edged up in May -PMI Tuesday, 3 Jun 2014 | 11:18 AM ET

    LONDON, June 3- Global manufacturing activity accelerated slightly last month as output picked up to meet a growing order book, a survey showed on Tuesday. JPMorgan's Global Manufacturing Purchasing Managers' Index rose to 52.2 in May from April's 51.9, above the 50 mark that indicates growth for the 18th month in a row.

  • Euro gets a respite after euro zone inflation data Tuesday, 3 Jun 2014 | 9:07 AM ET

    Subdued euro zone inflation data kept expectations of aggressive European Central Bank monetary stimulus alive, much of which is priced in.

  • Why Icahn won't get busted for insider trading Tuesday, 3 Jun 2014 | 8:53 AM ET
    Phil Mickelson and Carl Icahn.

    Here's why Carl Icahn won’t likely be joining the Mount Rushmore of insider trading, says ex-Galleon trader Turney Duff.

  • Goldman creates new role in growth push Tuesday, 3 Jun 2014 | 7:27 AM ET

    Goldman Sachs is planning to increase the size of its commercial bank and wealth management division as part of a quest for growth.

  • *Eyes on EZ inflation reading at 0900 GMT. LONDON, June 3- The euro struggled near recent lows on Tuesday, before euro zone inflation numbers that are expected to highlight declining price pressures in the region and bolster the case for aggressive monetary stimulus from the European Central Bank.

  • Pay for senior bankers is up HOW MUCH?! Tuesday, 3 Jun 2014 | 2:50 AM ET
    Lloyd Blankfein, chief executive officer of Goldman Sachs Group Inc. and Brian Moynihan, president and chief executive officer of Bank of America Corp., speak to the media after a meeting with U.S. President Barack Obama at the White House in Washington, D.C.

    Banking CEOs received an average pay rise of 10 percent last year as U.S. banks paid their heads more than their European rivals, the FT reports.

  • What will Chinese buy the most in next 10 years? Monday, 2 Jun 2014 | 7:29 PM ET

    With Chinese consumption on the rise, which sector do you think will see the greatest demand over the next decade?

  • WASHINGTON, June 2- About 77,000 foreign and U.S. banks and financial institutions, including some in Russia, have registered with the United States to comply with a new law meant to fight tax dodging by Americans, the U.S. Treasury Department said on Monday.