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Home > Latest

Lates News

date
10/09/2025
US stocks fell slightly in early trading on Tuesday, with shares of Novartis Pharmaceuticals (NVS) falling slightly after the company announced it would acquire Tourmaline Bio for $1.4 billion in an all-cash deal.
Latest
7 m ago
Doug Petno, Co-President of Commercial Banking and Investment Banking at JPMorgan Chase, expects the company's trading revenue in the third quarter to increase by 10% to 20% year-on-year, which is higher than the current analyst expectation of an 8.2% growth. The performance of investment banking fees is also expected to exceed expectations, with Petno stating that the growth is expected to be in the "low double digits" percentage.
7 m ago
Doug Petno, co-head of J.P. Morgan's commercial and investment banking, predicts that the company's third-quarter trading revenue may increase by 10% to 20% year-on-year, which is higher than analysts' current expectations of 8.2%. He also expects that investment banking fees performance will exceed expectations, with an anticipated growth in the "low double-digit" percentage range.
7 m ago
The White House is asking Congress to pass a temporary spending bill to avoid a government shutdown.
9 m ago
Citigroup Group stated that in the context of market turmoil and a rebound in trading activity, its investment banking business fees and trading revenue in the third quarter showed a mid-single-digit percentage growth trend. Chief Financial Officer Mark Mason said at the Barclays Financial Services Conference on Tuesday, "We see strong momentum in all of our investment banking business products," so related fees are expected to remain "strong". Earlier, Citigroup Group had a strong performance in the second quarter, with the trading department achieving its best results in the same period in five years, benefiting from record trading volumes. The investment banking department of Citigroup Group also saw revenue growth exceed expectations, with fee revenue increasing by 13% year-on-year.
9 m ago
Citigroup expects investment banking and trading revenues to achieve mid-single-digit growth in the third quarter.
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