EconoTimes19m
Venture Global LNG Raises $1.75 Billion in IPO Amid Adjusted Valuation
Venture Global LNG has successfully raised $1.75 billion through its U.S. IPO after pricing 70 million shares at $25 each. The offering was adjusted from an initial plan of 50 million shares priced at ...
CIBC Asks Some Corporate Bankers to Return to Office Full-Time
Canadian Imperial Bank of Commerce is starting to call some of its capital-markets bankers back to the office five days a week, according to people with knowledge of the situation.
Trump Says JPMorgan, Bank of America Won't Do Business With Conservatives
Big U.S. banks found themselves on the defensive Thursday, with Bank of America saying it doesn’t have a “political litmus test” for clients, after President Trump suggested that leading financial ...
Costco won't join DEI backlash. Why shareholders rejected anti-'woke' proposal.
Costco shareholders voted down an investor proposal from a right-leaning think tank that urged management to investigate the business risks of DEI.
Jamie Dimon Earned $39 Million for Last Year
Jamie Dimon is making more money than ever. JPMorgan Chase awarded its chief executive $39 million for 2024, an 8% raise from the previous year, the bank said Thursday. (Excluding special bonuses, ...
Big Take: Is Work From Home Over? Wall Street Says Yes
As President Trump and JPMorgan CEO Jamie Dimon require workers to come back to the office full-time, the costs and benefits of remote versus in-office work are still up for debate. Bloomberg’s work ...
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Right-Leaning Activist Groups Reportedly Putting Heat On Big Banks To Ditch DEI Policies
Several conservative-leaning activist groups have been calling for some major banks to revoke their diversity, equity and ...
JPMorgan Chase workers grouse over measly bonuses, 2% pay bumps as bank reels in record $58.5 billion in profits
The lackluster raises come after JPMorgan Chase posted fourth-quarter results last week that surpassed Wall Street estimates. The bank’s profit rose 50% to $14 billion while revenue climbed 10% to $43 ...
Trump ends diversity efforts in federal government. Is the private sector next?
The principles of diversity, equity and inclusion in the workplace are a longtime target of President Donald Trump and the ...
Is JPMorgan Chase Stock a Buy Now?
How JPMorgan Chase performs in 2025 will largely depend on how economic conditions evolve. A backdrop of a firm labor market ...
Wall Street’s Biggest Banks' Long-Term Bond Supply Reaches Highest Level Since 2021
Banks are known to throw an avalanche of debt at investors after their earnings. This time the issuance trend looks particularly interesting. The amount of long-term bonds, expiring in about 20 to 30 ...
Anti-DEI activists target major banks like Goldman Sachs, JPMorgan: report
NCPRR and NLPC sent Goldman and JPMorgan the anti-DEI proposals, while Bank of America and Citi received proposals from NLPC ...