Record the result: JP Morgan earned 31 billion dollars

18 Janvier, 2019, 20:55 | Auteur: Auguste Feret
  • JPMorgan’s Dimon warns of shutdown fallout as bank reports earnings miss

"Despite a challenging quarter, we grew markets revenue in the investment bank for the year with record performance in equities and solid performance in fixed income", chief executive Jamie Dimon said.

On Monday, Citigroup, a rival, reported an unexpectedly large decline in fixed income trading revenue in the fourth quarter, raising concerns that big banks, and investment banks in particular, suffered from market volatility at the end of past year. The company had revenue of $26.10 billion during the quarter, compared to analyst estimates of $26.69 billion. In the case of the largest German Bank, analysts now expect on average a Surplus of about 400 million euros - so much money had earned JPMorgan a year ago to just five working days.

Still, Dimon touted the company's record year-end profits and increased market share in investment banking, credit cards and overseas businesses. The bank also notched an increase in overall loans.

Choppy markets in December have crimped trading results at J.P. Morgan, just as it did for Citigroup, which reported results Monday.

The largest USA lender said fixed-income trading revenue declined 18% for the three months to December 31, 2018.

Get ready for the "super blood wolf moon" … or not
" Blood Moon " - the moon appears to be reddish in color during a total lunar eclipse as the sun, Earth and moon all line up. If you are reading this from outside the Chattanooga community, go to timeanddate.com and type in your location.

Coupe: Levante porte plainte contre le Barça
Une situation qui n'est pas sans rappeler l'élimination du Real Madrid lors de la Coupe du Roi en 2015. Battus 2-1 au match aller, les Catalans sont donc qualifiés pour les quarts de finale.

Alicia Keys va présenter la cérémonie des Grammy Awards
Alicia Keys remplace le comédien britannique James Corden , qui animait les Grammy Awards les deux années précédentes. Les artistes de rap Kendrick Lamar et Drake figurent parmi les nominés cette année.

The lender posted net interest margin, a key profitability figure, of 2.54 percent, an improvement of 3 basis points from the previous quarter that matched analysts' expectations. The income rose by slightly more than 6 percent to 111.5 billion dollars.

Bank stocks were pummeled a year ago, particularly in the fourth quarter, on fears that a worsening U.S. The corporate and investment banking revenue has declined by 4 %. Bank of America, Goldman Sachs and Morgan Stanley report later this week.

"We tell our management that we have no problems seeing loan books shrink.Remember, Warren Buffett used to say in the insurance business, and sometimes this is true in the loan business, [there are times] when you're better off having the salesforce go play golf than make new loans". Total revenue jumped from $25.75 billion to $26.80 billion.

JPMorgan Chase (NYSE:) announced fourth-quarter results Tuesday and posted earnings of $1.98 a share. Year-to-date, JPM has gained 5.55%, versus a 4.28% rise in the benchmark S&P 500 index during the same period.

Conseillé:



Populaire

Chocolate better cough suppressant than codeine-based syrup
Results from those who took the chocolate medication showed "significant improvement" of symptoms within two days when compared to those on the cough syrup.

Vols de technologies par Huawei: ouverture d'une enquête criminelle
L'enquête est à un "stade avancé" et pourrait "bientôt" entraîner une inculpation , ajoute le WSJ , citant des sources anonymes. Quelques médias ont également évoqué fait l'écho de doutes en France, au Royaume-Uni et en Allemagne.

Trump Cancels US Delegation Trip To Davos Over Government Shutdown
Trump postponed House Speaker Nancy Pelosi's trip to Brussels, Egypt and Afghanistan, citing the shutdown. Trade Representative Robert Lighthizer, and Deputy Chief of Staff for Policy Coordination Chris Liddell.

Tottenham Hotspur lining up a move for South American star
And Spurs got in touch with their Spanish counterparts on Wednesday to learn about his situation, according to reports in Spain . It is claimed that Pochettino has short-listed the 23-year-old Origi who has just over a year remaining on his contract.

Netflix Allegedly Used Real-Life Train Derailment Footage in 'Bird Box'
Netflix said its programming was so popular it now accounts for about 10 percent of television screen time in the United States. Despite the shaky stock reaction, Raymond James analyst Justin Patterson sees more positives than negatives.

Shopko files for bankruptcy protection
This week, the Rx drug supplier asked a judge for a restraining order to keep Shopko from selling the medications it has supplied. In Mequon the Shopko Optial, 10996 N Port Washington Road, is on an endcap in a stripcenter across from the Chancery.

Le Défenseur des droits demande la suspension des LBD
Un autre tempère. " Lorsqu'il y a une pagaille pas possible, tu ne peux pas l'utiliser sans risque de dégâts collatéraux ". Le Défenseur des droits a appelé le gouvernement à " prévenir plutôt que soigner ".

VIDÉO - Lyon: un blessé dans des explosions sur un campus universitaire
Un incendie se serait d'abord déclenché au niveau d'une bibliothèque sur le toit-terrasse d'un bâtiment du campus. Un violent incendie s'est déclaré sur le toit de l'Université Lyon 1 à Villeurbanne , vers 09h30 ce jeudi matin.

RTL: Jacques Toubon "ne comprend pas" la polémique sur son salaire
L'utilisation de ces armes dites de force intermédiaire est au cœur de polémiques après que de nombreux manifestants ont été blessés, parfois grièvement au visage, lors des rassemblements du mouvement populaire des "gilets jaunes".

Raptors’ Pascal Siakam scoops in game-winner at the buzzer vs. Suns
The Phoenix Suns are averaging 105.9 points on 45.9 percent shooting and allowing 114.6 points on 48.1 percent shooting. Despite sporting the worst record in the league, Suns' fans have had some bright spots to pay attention to this season.