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Tag: jp morgan

News
JPMorgan Chase CEO denies Trump's claim of endorsing him

JPMorgan Chase CEO denies Trump’s claim of endorsing him

October 5, 2024October 5, 2024 AGS

JPMorgan Chase CEO Jamie Dimon has not endorsed former President Donald Trump, the company clarified on Friday, after Trump falsely claimed the endorsement on social media. In a post on Truth Social, Trump inaccurately stated that Dimon had endorsed him … Continue reading JPMorgan Chase CEO denies Trump’s claim of endorsing him

Business
JP Morgan forecasts naira to reach N850/$ by December

JP Morgan forecasts naira to reach N850/$ by December

November 2, 2023November 20, 2024 AGS

JP Morgan, a US multinational financial services firm, has projected that the Nigerian naira will trade at N850/$ at the Investors’ and Exporters’ Forex window by the conclusion of 2023. The financial institution also believes that the recent efforts to … Continue reading JP Morgan forecasts naira to reach N850/$ by December

Business
Nigerian government could generate $17 billion through sale of oil assets - JP Morgan

Nigerian government could generate $17 billion through sale of oil assets – JP Morgan

August 22, 2023November 20, 2024 AGS

In line with Nigeria’s efforts to alleviate foreign exchange pressure and enhance its external reserves, JP Morgan has projected that the Federal Government could generate up to $17 billion through the sale of its stake in various joint-ventures oil and … Continue reading Nigerian government could generate $17 billion through sale of oil assets – JP Morgan

Business
JP Morgan predicts the naira to reach 600 naira in the coming months

JP Morgan predicts the naira to reach 600 naira in the coming months

June 17, 2023June 17, 2023 AGS

JP Morgan, the American multinational financial services firm, has projected that the Nigerian naira will appreciate and trade at around N600 to the dollar in the upcoming months. This announcement was made in a statement released by the financial institution … Continue reading JP Morgan predicts the naira to reach 600 naira in the coming months

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JP Morgan acquires second largest failed US bank for $10.6bn

JP Morgan acquires second largest failed US bank for $10.6bn

May 2, 2023November 20, 2024 AGS

JP Morgan Chase has agreed to pay $10.6bn to the Federal Insurance Deposit Corp (FIDC) after regulators closed First Republic Bank in San Francisco, which had been under pressure since last month when two other US banks collapsed. The closure … Continue reading JP Morgan acquires second largest failed US bank for $10.6bn

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JPMorgan Chase achieves record-breaking revenue in latest report

JPMorgan Chase achieves, record-breaking revenue in latest report

April 14, 2023November 20, 2024 AGS

JPMorgan Chase (JPM), the largest bank in the United States with $3.67 trillion in assets, has reported better-than-expected first-quarter profit and revenue. The bank posted a profit of $12.6 billion or $4.10 per share, up 52% from the same period … Continue reading JPMorgan Chase achieves, record-breaking revenue in latest report

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