JPMorgan Chase & Co (JPM), the biggest U.S. bank by assets, is slashing its technology support workforce in corporate and investment banking division following a revenue dip, Bloomberg News reported, citing people familiar with the matter. Offices ...
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Alaska Air Group (ALK) stock is down nearly 2% in morning trading, while United Continental Holdings (UAL) stock is up more than 2%. Based on target prices, J.P. Morgan sees the most upside for American Airlines (AAL), Delta Air Lines (DAL) and United.
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NEW YORK (TheStreet) -- Shares of JPMorgan Chase & Co. (JPM) are down -0.79% to $58.72 after it was reported that the bank will cut hundreds of technology support employees in its corporate and investment bank amid a revenue decline, sources told ...View Complete Story
NEW YORK, July 29 (Reuters) - Sankaty Advisors swooped in to buy $1.3 billion of loans and other securities from J.P. Morgan in its biggest portfolio takeover yet, and sees opportunity to soak up more from European banks shedding assets to meet ...
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