Anthropic revenue surges ahead of IPO as company eyes Decart AI acquisition
The Claude chatbot maker reported preliminary quarterly revenue of more than USD 11.5 billion, compared with USD 787 million a year earlier...
Tag : JPMorgan
Trading, dealmaking booms to hand Wall Street bankers bumper bonuses, says consultancy
Equity traders and M&A advisers are expected to receive the biggest pay rises as market volatility and record deal activity fuel earnings growth...
IF Insights: Shein’s Hong Kong IPO faces its hardest sell yet
The fast fashion giant is chasing a USD 40 billion to USD 50 billion valuation just as tariffs bite, margins thin and Europe becomes its biggest market...
Business Leader of the Week: Inside Jamie Dimon’s rewiring of JPMorgan into Wall Street giant
Few CEOs anywhere have become so bound up with the company they run that markets have coined a phrase for the value they personally add to the stock price...
SpaceX joins the Nasdaq 100: What investors need to know
SpaceX’s rapid entry into America’s premier technology index has forced billions in automatic fund purchases, but a looming lockup expiries mean the ride could stay bumpy...
JPMorgan commits USD 20 billion to Gulf, bets on post-war reconstruction boom
JPMorgan expects rebuilding and economic diversification across the region to require hundreds of billions of dollars in the coming days...
New co-presidents reignite JPMorgan succession rumours
Petno and Rohrbaugh, who have jointly run the bank’s Commercial & Investment Bank (CIB) since early 2024, will now each lead a division outright...
JPMorgan to offload exposure to USD 4 billion in private equity-linked loans
JPMorgan is in talks with investors over a transaction that would allow it to transfer risk tied to 'net asset value loans' backed by private equity fund assets...
JPMorgan, Goldman Sachs, Mizuho to guide SoftBank’s IPO efforts
SoftBank-backed SB Energy, through its IPO, is reportedly seeking a valuation of over USD 50 billion in its market debut...
Jamie Dimon gives sneak peek into JPMorgan’s future workforce
As per Jamie Dimon, JP Morgan would look for options like retraining staff, redeploying workers or offering early retirement instead of making large layoffs...