31.80 -0.07 (-0.22%)
After hours: 7:58PM EST
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||31.77 - 32.37|
|52 Week Range||22.07 - 32.67|
|PE Ratio (TTM)||20.43|
|Earnings Date||Apr 16, 2018|
|Forward Dividend & Yield||0.48 (1.50%)|
|1y Target Est||34.34|
J.P. Morgan's expansion into new markets will spark a war with other big banks it doesn't plan on losing, according to Morgan Stanley.
Bank of America Corp. is the latest overseas bank to commit its long-term future to the U.K. even as the country prepares for Brexit.
The nation’s largest banks — such as JPMorgan Chase & Co. (JPM), Bank of America Corp. (BAC), Wells Fargo & Co. (WFC), Citigroup Inc. (NYSE: C), Goldman Sachs Group Inc. and Morgan Stanley (MS) — have operations around the country. JPMorgan Chase & Co.’s failure to properly inform some rich clients about conflicts of interest has resulted in a record $30 million whistle-blower award by U.S. futures regulators. The Commodity Futures Trading Commission will pay out that amount for tips received in the case, in which the bank didn’t properly disclose that it was steering asset-management customers into investments that would be profitable for the bank, according to a person familiar with the matter.
Bitcoin’s performance has been very volatile. Some believe its future is not looking stable with government intervention in countries such as India, China, and South Korea. Goldman Sachs’s (GS) CEO (chief executive officer) Lloyd Blankfein said, “We’re a prime broker and so if our clients are going to do it, we’re going to do it.
Amazon.com’s (AMZN) 4Q17 has been reported as one of its best fourth quarters ever. The company reported 4Q17 results that met the highest end of its internal guidance and blew away consensus estimates. Its overall revenues of $60.5 billion represented an increase of 38% YoY (year-over-year) and came in at the highest end of Amazon’s internal guidance of $56 billion–60.5 billion for 4Q17.
With interest rates rising, net interest margins for commercial banks (IYF) are increasing, which leads to an increase in ROE (return on equity). Due to expectations of more interest rate hikes by the Fed, the overall markets are expected to have a weaker performance. Goldman Sachs rewards its shareholders with share buybacks.