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The Latest Breaking News from JP Morgan

Pound hits two-week high as chancellor ‘brings forward debt plan and forecast’

Kwasi Kwarteng promises to release the highly anticipated financial statement ‘shortly’

The Independent UK

Benzinga's Top Ratings Upgrades, Downgrades For October 3, 2022

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Benzinga

Keir Starmer calls for emergency Parliament recoil amid turmoil in UK financial markets

‘What the Government needs to do now is recall Parliament and abandon this budget’

Evening Standard

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Russian oligarch’s seized superyacht sold for $37.5m

Axioma, which had been owned by Dmitry Pumpyansky, auctioned after being impounded in Gibraltar

The Guardian - UK

Superyacht linked to sanctioned Russian sold for $37.5m in Gibraltar - court

A superyacht linked to a sanctioned Russian businessman fetched $37.5 million at auction in Gibraltar last month after it was sold at the behest of creditor JP Morgan, a court has confirmed, in the first sale of its kind since Russia invaded Ukraine.

Reuters

Kwasi Kwarteng vows to stick with tax cut plan despite calls to ‘reverse course’

Chancellor insists strategy ‘will work’ and promises ‘credible plan’ to address debt next month

The Independent UK

Benzinga's Top Ratings Upgrades, Downgrades For September 21, 2022

Upgrades For Berkshire Hathaway Inc (NYSE:BRK), Edward Jones upgraded the previous rating of Hold to Buy. Berkshire Hathaway earned $6312.49 in the second quarter, compared to $4399.91 in the year-ago quarter.

Benzinga

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U.S. bank CEOs back Fed hikes during congressional grilling on economy, China ties

The country's top bank chiefs endorsed U.S. Federal Reserve rate hikes as a means to tame soaring inflation, while acknowledging there will be pain ahead, when appearing before Congress during a wide-ranging and mostly sedate hearing on Wednesday.

Reuters

Benzinga's Top Ratings Upgrades, Downgrades For September 20, 2022

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Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For September 15, 2022

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Benzinga

JP Morgan buys Renovite amid fight to keep top spot in payment processing

The deal is the latest in a string of acquisitions by the firm in a bid to enhance its technology offering

Evening Standard

Benzinga's Top Ratings Upgrades, Downgrades For September 9, 2022

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Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For September 6, 2022

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Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For September 2, 2022

Benzinga

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Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For September 1, 2022

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Benzinga

Sam Bankman-Fried Welcomes Comparisons To J.P. Morgan For Crypto Bailouts: 'I Thought Was The Right Thing For The Industry'

FTX CEO Sam Bankman-Fried shared key takeaways from the recent crypto bear market and the bailing out of companies during the time. The CEO also shares what went into what companies to support and being labeled the J.P. Morgan of cryptocurrency.

Benzinga

These 4 Energy Stocks Are Rising As Russia Cuts Off German Gas Supply

The United States Oil ETF (NYSE: USO) dropped 1% but the Energy Select Sector SPDR Fund (NYSE: XLE) gained 0.5% on Wednesday as investors digest mixed data on the strength of the global economy and the outlook for energy dema

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For August 30, 2022

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Kiplinger

Best Online Brokers and Trading Platforms

Find the best online brokers using our survey that compares investment offerings, tools, apps, advice and more.

Benzinga

Salesforce Faces Price Target Cuts On Guidance Cut, Shares Slide

Salesforce Inc (NYSE: CRM) reported upbeat results for its second quarter, but lowered its annual projections.

The Texas Tribune

Texas bans local, state government entities from doing business with firms that “boycott” fossil fuels

Texas Comptroller Glenn Hegar singled out financial firms under a 2021 state law that prohibits most state entities from contracting with companies that have reduced or cut investments in the oil and gas industry.

The Guardian - UK

$75m superyacht linked to Russian steel billionaire auctioned off in Gibraltar

The vessel was seized in March under sanctions imposed on Moscow over the war in Ukraine

The Independent UK

Seized Russian superyacht to be sold at first auction of Ukraine war

Potential buyers eye ‘opportunity for a real bargain’ over vessel seized from ‘major oligarch’

The Guardian - UK

Gibraltar prepares for first auction of a Russian oligarch’s detained superyacht

Proceeds of the sale of the Axioma, valued at £65m, will benefit JP Morgan rather than the Ukrainian people

The Guardian - UK

Prince William charity uses bank that is one of world’s biggest fossil fuel backers

Royal Foundation also places investments in trust that owns shares in firms that buy palm oil, investigation reveals

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