IF Insights: Shein finally lists, and Hong Kong marks it down
While the fast fashion giant raised USD 1.74 billion at a quarter of its old valuation, the tepid reception says more about the end of duty-free parcels...
Tag : JPMorgan
Citi’s China brokerage push set to intensify competition in local market
The American bank, in 2021, applied for a wholly-owned mainland brokerage unit licence to ramp up its presence in China...
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...
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...