It claims the banks colluded to keep competition out of the stock loan market to keep prices high. Bank of America, JPMorgan, UBS, Credit Suisse and Morgan Stanley declined to comment. Goldman Sachs said it didn't have an …
Yesterday, Exxon Mobil stock touched an annual low of $76.21 before closing ...
Ahead of that report, JPMorgan's equity derivatives strategy team, led by Shawn P. Quigg, warns the hype surrounding …
A group of public pension funds on Thursday sued Bank of America Corp., JPMorgan Chase & Co., Goldman Sachs Group Inc. and two other big banks alleging that they colluded to prevent modernization of the $1.7 trillion stock loan …
The London Stock Exchange Group’s clearing house, LCH, has launched a new clearing service to improve efficiency …
There is no doubt that the equity markets are still uber-bullish, buoyed by hopes of fiscal spending and friendly central banks. More specifically, banks also are rising on the promise of less red tape and rising interest rates. Fundamentally, …
Holding all else equal, the lower the ratio, the cheaper the stock. In JPMorgan Chase's case ... John Maxfield owns shares of Bank of America and Wells Fargo. The Motley Fool has no position in any of the stocks mentioned. The …
JP Morgan Chase & Co. (NYSE:JPM) stock, like other banking stocks, had broken out after the November elections on the hopes that deregulation and tax cuts under the Trump administration would generate higher profits. However, there …
Goldman Sachs and Wells Fargo both trade above book value as well. And while JPMorgan's stock hasn't been a terrible performer per se -- it's up 10% year-to-date after all -- it has trailed the broader market and other bank stocks. That has …
That is because the bank's stock price has jumped more than 3 percent since the settlement announcement, as investors cheer JPMorgan putting its legal woes behind it. The increase has raised the value of JPMorgan shares by nearly $7 …