JP Morgan’s (JPM) CEO, Jamie Dimon was interviewed on CNBC this afternoon and made some very interesting comments. Below is a recap of some of those comments:
“We’re not planning to charge for deposits” This comes after rumors and speculation that several banks were planning to charge around...
Guest: Satyajit Das discusses the ins and outs of banking finance. How long can they continue to live off of government subsidies? What are the real inner workings and can we trust investing in them. We also touch on world finance as well as backdoor financing of the...
There is an interesting battle going on. On one side is the tag-team of the Fed and the Treasury. On the other is corporate America’s ability to maintain profitability in the face of this severe downturn. Sometimes they are working together with a common goal, while other times they seem...
In the earnings news today, Lehman (LEH) Reports Q1 (Feb) earnings of $0.81 per share, $0.09 better than the First Call consensus of $0.72; revenues fell 30.5% year/year to $3.51 bln vs the $3.35 bln consensus. What is meant by the word certain?
LEH says liquidity pool of $34...
Briefing Headlines:
Goldman (GS) Reports Q1 (Feb) earnings of $3.23 per share, $0.65 better than the First Call consensus of $2.58; revenues fell 22.4% year/year to $8.34 bln vs the $7.47 bln consensus
Lehman (LEH) Reports Q1 (Feb) earnings of $0.81 per share, $0.09 better than the First Call consensus of $0.72;...
