Revised terms hike price to US$10 a share
Ratings agency to upgrade debt ratings of Bear Stearns following takeover
Ailing investment bank sold for US$2 a share
Weak U.S. economy will negatively affect business volumes and drive credit costs higher in 2008
The investment bank has hired 50 people to help with its strategy of building out five major businesses
J.P. Morgan Chase & Co. today reported a modest rise in its third-quarter net income, despite the market turmoil.The firm said that third quarter profits were US$3.4 billion, up from US$3.3 billion in the third quarter of 2006. Although, its investment bank’s net income was just US$296 million, down by US$680 million, or 70%, compared […]
Record investment banking fees and strong markets boost revenues
Building to house investment bank headquarters
Move is an effort to heighten the awareness and understanding of climate change as it relates to financial markets
Robert Paterson will manage day-to-day operations including marketing, customer service and strategy