JPMorgan Chase & Co.

In a recent development, former President Donald Trump has expressed his consideration of JPMorgan Chase & Co (NYSE:JPM) CEO Jamie Dimon for the Treasury Secretary position if he emerges victorious in the forthcoming November 5 election. Furthermore, Trump has assured that he will not seek to...

As the U.S.’s prominent banking institutions prepare to report their fourth-quarter earnings, a significant surge in bad debts poses a risk to the growing investor confidence in the sector. What Happened: The Financial Times reported on Monday that non-performing loans at the four largest U.S...

Earnings season for the banking sector stocks is typically a reliable indicator, a window perhaps, into the state of economic affairs and how the industry that "does" money is positioned as the banks reflect their future outlooks in their operations and financials. In the case of...

Looks like there’s a few key data points to keep an eye on this week; let’s take a market minute to get ahead of what’s headed our way. First, the economic data you should keep an eye on: Retail Sales, CPI, Housing Start and Building Permits, Industrial Production, Beige Book,...

This market reminds us of the old adage: How do you climb Mount Everest? One step at a time.  That’s how this rally has been during the pandemic. Meandering a path that seems at times insurmountable, other times flat—and sure; at times the oxygen level has felt a bit thin—but...

Cannabis-focused investment vehicles, NewLake Capital Partners Inc. and GreenAcreage Real Estate Corp., confirmed its merger and creation of the combined company NewLake Capital Partners, Inc. With more than $325 million in assets, over $110 million in cash, and a diversified portfolio of 24...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. The idea of non-banks encroaching into financial services is not new. Beginning in the 20th century, many consumer-facing companies...

With inauguration in the rear-view mirror, Wall Street returns today to the business at hand: A long list of earnings reports and the latest word on unemployment claims. We’ll get to earnings below. First off, weekly initial jobless claims offered a little good news and some bad. On the...

Jobs growth took a punch to the gut in December, another reason to say “good riddance” to the old year. For the first time since April, the economy experienced a net-loss of employment as new shutdowns hit restaurants, hotels, and other places people go for fun.  Employment fell by...

A lethal combination of ultra-low interest rates, credit worries, a steep economic slowdown, and tough government regulations ganged up on big banks this year. Despite that, expectations for the group’s Q3 earnings performance are on the rise. Granted, the numbers don’t look like...

If Wall Street had a seat belt sign, now’s when the captain would tell us to buckle up for possible turbulence ahead.  Even if earnings season didn’t begin tomorrow, there’s plenty to keep investors on their toes. Amazon.com, Inc.’s (NASDAQ: AMZN) Prime Day,...

The uncertainty brought about by the pandemic has caused many real estate investors to sit and wait. Although through the uncertainty, real estate continues to be the most favored investment by a majority of Americans. In a recent Gallup poll, 35% of Americans cited real estate as the best long-...

JPMorgan Chase & Co. (NYSE: JPM)  and NH Investment and Securities are expected to be in charge of one of the largest IPOs in the South Korean entertainment industry. What Happened Big Hit Entertainment, BTS' label, has selected NH Investment & Securities, Korea...

Archer Daniels Midland (NYSE: ADM) said Monday it would acquire privately held Swiss company Wild Flavors for $3.13 billion, the biggest acquisition yet for the agribusiness giant. Wild Flavors, founded in 1931, produces natural-based flavors and “flavor systems” that give food...

Instead of “David versus Goliath,” the Senate Banking Committee had to sort out a “Goliath versus Goliath” scenario Tuesday, according to Reuters. Big aluminum buyers, represented by the second largest brewer in the U.S., charged that the largest banks in the country drove up their costs by...