Bitcoin JPMorgan mulls crypto-backed loans amid regulatory shift Aya El Sayed Jul 22, 2025 0 JPMorgan Chase is considering offering loans backed by cryptocurrency holdings such as bitcoin and ethereum as…
News Goldman Sachs raises US recession risk to 45% Aya Anwar Apr 7, 2025 0 Goldman Sachs has increased the likelihood of a US recession within the next 12 months to 45 per cent, citing…
Money Singapore c.bank fines JPMorgan $2.4m for misconduct by relationship managers Yomna Yasser Dec 2, 2024 0 The Monetary Authority of Singapore (MAS) announced on Monday that it had levied a $2.4 million civil penalty on…
International News Philippines eyes inclusion in JPMorgan EM debt index Nada Ali Nov 13, 2024 0 The Philippines is targeting inclusion in JPMorgan Chase & Co.'s local-currency emerging-market debt index in…
Africa News JPMorgan Chase plans African expansion Aya Anwar Oct 16, 2024 0 JPMorgan Chase, the largest US lender, is planning to enter Kenya and Ivory Coast this year as part of its strategy…
Featured Egypt eyes JPMorgan GBI-EM relisting Aya Anwar Oct 3, 2024 0 Egypt is intensifying efforts to rejoin JPMorgan Chase & Co.'s Government Bond Index-Emerging Markets (GBI-EM),…
Africa News JPMorgan CEO to visit Africa for expansion push Yomna Yasser Sep 17, 2024 0 JPMorgan Chase CEO Jamie Dimon is set to return to Africa in mid-October, marking his first visit in seven years,
Featured JPMorgan raises US recession odds to 35% Aya Anwar Aug 8, 2024 0 JPMorgan has raised its estimate of a US recession by year-end to 35 per cent from 25 per cent, citing easing…
International News Philippines in talks with JPMorgan for peso bonds inclusion Nada Ali Aug 7, 2024 0 The Philippines is currently in discussions with JPMorgan Chase & Co. to include its peso bonds to the US…
Featured Trump victory could mean higher auto tariffs – JPMorgan Aya El Sayed Jul 21, 2024 0 As the US presidential election approaches and polls indicate a strong lead for Trump, JPMorgan analysts have…
Tech news TSMC’s stocks soar on broker optimism ahead of earnings release Nada Ali Jul 8, 2024 0 TSMC's stock jumped as much as 4.5 per cent, extending its year-to-date rally to over 75 per cent.
Featured Goldman Sachs to double lending to ultra-wealthy clients Aya El Sayed Jun 13, 2024 0 Goldman Sachs plans to significantly increase its lending to ultra-wealthy private bank clients over the next five…
International News JPMorgan bets on Indian bonds before inclusion Nada Ali May 27, 2024 0 JPMorgan Asset Management is increasing its investment in Indian government bonds, considering them the top choice…
Featured ADNOC plans stake sale in drilling unit Aya Anwar May 22, 2024 0 Abu Dhabi's ADNOC has announced plans to divest approximately 5.5 per cent of its stake in its drilling unit, over…
Stocks Asian shares edge up on Nvidia hopes Nada Ali May 22, 2024 0 Asian shares rose on Wednesday as investors awaited strong earnings from chipmaker Nvidia and monitored interest…
Money JPMorgan raises NII forecast to $91b Aya Anwar May 20, 2024 0 JPMorgan Chase revised its forecast for net interest income (NII) on Monday, which represents the earnings from…
Featured Choose France Summit to draw €15b in foreign investment Aya El Sayed May 13, 2024 0 The annual ‘Choose France’ summit, aimed at attracting foreign investment, is set to bring in 15 billion euros…
Featured Russian court seizes $13m from JPMorgan, Commerzbank Aya El Sayed May 7, 2024 0 A Moscow court authorised the seizure of a staggering 12.4 million euros ($13.34 million) of assets held in Russia…
Featured Morgan Stanley enters bond market post Q1 revenues announcement Aya Anwar Apr 17, 2024 0 Morgan Stanley is entering the bond market just after announcing first-quarter revenue that surpassed expectations,…
Featured European stocks fall to 6-week low amid tensions, Ericsson shares soar Aya El Sayed Apr 16, 2024 0 Europe’s main stock index hit a near six-week low on Tuesday, falling 1.4 per cent due to investors avoiding risky…
Featured Fidelity to start layoffs in China Aya El Sayed Mar 19, 2024 0 Fidelity International Limited (FIL) is reportedly initiating layoffs at its primary China division, aligning with…
Banks JPMorgan chooses France’s CB over Visa, Mastercard Aya El Sayed Mar 5, 2024 0 JPMorgan Chase & Co. announced on Tuesday its partnership with France’s primary payment network, Cartes…
Banks Australia’s CBA attracts funds leaving China despite profit outlook Nada Ali Feb 12, 2024 0 Australia's largest bank, Commonwealth Bank’s (CBA) stock surged 20 per cent since November, driven by investors…
Banks RBC is the world’s top financer of fossil fuel development Yassmine Elbehnaihy Apr 18, 2023 0 Royal Bank of Canada was the biggest fossil fuel financer in the world in 2022, with funds reaching $42 billion,…
Money JPMorgan, other U.S. banks flooded with clients post SVB crash Sama Mousa Mar 14, 2023 0 A huge number of customers have applied to shift accounts to large U.S. banks such as JPMorgan Chase &Co. and…
News Global debt sees first annual drop in 8 years Yassmine Elbehnaihy Feb 26, 2023 0 Global economy’s debt has its first annual drop in dollar terms since 2015, in light of the post-pandemic recovery…
Banks Hisham Ezz Al-Arab is back to CIB bank as non-executive member Nada Ali Nov 22, 2022 0 Hisham Ezz Al-Arab has returned to the Commercial International Bank (CIB-Egypt) as non-executive member of its…
Banks U.S. Fed raises interest rates again by 75 points to fight inflation Nada Ali Nov 3, 2022 0 The U.S. Federal Reserve has decided on Wednesday to raise interest rates by 75 basis points for the fourth…
Featured JP Morgan reviews Egypt inclusion in its GBI-EM indexes Amwal Al Ghad English Apr 11, 2021 0 JPMorgan is studying the possibility of including Egypt in its widely tracked Government Bond Index Emerging…
Money Egypt says has sold $5 billion in three tranches of bonds Amwal Al Ghad English May 22, 2020 0 Egypt has on Thursday sold $5 billion in bonds in three tranches with maturities of four, 12, and 30 years, a…
Money JPMorgan sees US economy shrink by 40% in Q2, unemployment 20% Amwal Al Ghad English Apr 11, 2020 0 JPMorgan is now foreseeing a 40% decline in US gross domestic product for the second quarter and a surge in April’s…
Stocks S&P can return to records early next year if the US stop coronavirus spread: JPMorgan Amwal Al Ghad English Mar 22, 2020 0 The S&P 500 could return to record highs by early next year if U.S. efforts to contain the coronavirus outbreak…
Money JPMorgan warns of rise in emerging market sovereign distressed debt Amwal Al Ghad English Dec 10, 2019 0 More emerging countries will be hit by debt woes in 2020, curbing the returns for the JPMorgan index of…
Financial Institutions UK’s Johnson unlikely to get a Brexit deal at October summit: JPMorgan Amwal Al Ghad English Sep 18, 2019 0 U.S. investment bank JPMorgan said on Wednesday it was negative about the prospects of Prime Minister Boris Johnson…
Banks JPMorgan to sell stake in Saudi Investment Bank for $203 mln Amwal Al Ghad English Jun 24, 2018 0 JPMorgan Chase & Co. is planning to sell its stake in Saudi Investment Bank back to the Riyadh-based lender at…
Arab Deutsche Bank says ‘no reason to doubt’ Saudi Aramco IPO is on track for 2018 Yomna Yasser Oct 24, 2017 0 The absence of Jamie Dimon from Saudi Arabia's Future Investment Summit should not be seen as a signal that Saudi…
Tech news Netflix stock hikes past $200 for first time Yomna Yasser Oct 14, 2017 0 Netflix’s shares reached an all-time high on Friday, briefly passing through $200 for the first time ever, an…
Banks JPMorgan CEO warns governments to close down cryptocurrencies if they get too big Yomna Yasser Sep 23, 2017 0 JPMorgan Chase’s chief executive Jamie Dimon has laid into bitcoin and digital currencies once again, warning that…
Banks JPMorgan’s top quant strategist compares bitcoin to ‘pyramid scheme’ Yomna Yasser Sep 16, 2017 0 JPMorgan's top quant strategist supported his boss this week in bashing bitcoin, warning that the cryptocurrency is…
Banks JPMorgan betting on a stronger yen Yomna Yasser Feb 25, 2017 0 The yen was set to strengthen against the dollar, despite expectations that U.S. interest rates will increase this…