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JPMorgan"s equity traders took a $143 million loss on a single client

The bank recognised a $143 million mark-to-market loss on a margin loan to a single customer in its stock-trading unit.....»»

Category: topSource: business-standardJan 13th, 2018

JPMorgan lost $273 million on a single client in the fourth quarter (JPM)

Thomson Reuters In an already wonky quarter, JPMorgan reported taking a $143 million.....»»

Category: topSource: businessinsiderJan 12th, 2018

JPMorgan lost $143 million on a single client

JPMorgan Chase & Co.’s equities business took a big hit from Steinhoff International Holdings NV last quarter......»»

Category: topSource: moneycentralJan 12th, 2018

JPMorgan lost $143 million on a single client

JPMorgan Chase & Co.’s equities business took a big hit from Steinhoff International Holdings NV last quarter......»»

Category: topSource: moneycentralJan 12th, 2018

JPMorgan lost $143 million on a single trading client in the fourth quarter (JPM)

Thomson.....»»

Category: topSource: businessinsiderJan 12th, 2018

JPM Reports Mystery $143 Million Loss To Unnamed Client As FICC Revenue Tumbles 34%

On the surface (i.e. non-GAAP), JPM's Q4 results came in stronger than expected, with adjusted EPS of $1.76 (or $6.7BN in ne.....»»

Category: blogSource: zerohedgeJan 12th, 2018

VIX Options Volume Hits Record High As Equity Correlation Flashes Red

Traders bought and sold an all-time record high 3.15 million VIX options on Friday (as 'elephants' and '50cent' re-emerged) amid the Ross Rout and North Korean she.....»»

Category: blogSource: zerohedgeDec 4th, 2017

"How To Forecast Markets": A Departing Top JPMorgan Strategist Reveals What He Learned After 30 Years

One of the most popular JPMorgan analysts, traders and commentators, Jan Loeys, head of global asset strategy and author of the weekly "The JPMorgan View" piece is moving on (to a different, non-client facing part o.....»»

Category: blogSource: zerohedgeNov 12th, 2017

Traders betting against Chipotle made $260 million in a single day on its earnings disaster (CMG)

Hollis Johnson Chipotle totally whiffed on third-quarter earnings, while also cutting its full-year 2017 profit forecast. Short sellers made more than $260 million as the comp.....»»

Category: topSource: businessinsiderOct 25th, 2017

"My watch is off": Top banker used code to make $8 million in illicit profit

A group of HSBC Holdings Plc currency traders in London and New York feverishly jumped ahead of a $3.5 billion client order after they were tipped off using the code words "my watch is off," a U.S. prosecutor told a federal judge......»»

Category: topSource: moneycentralOct 6th, 2017

"My watch is off": Top banker used code to make $8 million in illicit profit

A group of HSBC Holdings Plc currency traders in London and New York feverishly jumped ahead of a $3.5 billion client order after they were tipped off using the code words "my watch is off," a U.S. prosecutor told a federal judge......»»

Category: topSource: moneycentralOct 6th, 2017

Traders Not Impressed With Canadian Solar"s Q2 Report

Canadian Solar Inc. (NASDAQ: CSIQ) shares are trading lower by $0.75 at $16.45 in Monday's session. The company reported a Q2 EPS loss of 15 cents on revenues of $692 million, a revenue beat of ...Full story available on Benzinga.com.....»»

Category: earningsSource: benzingaAug 14th, 2017

For Kaiser Permanente CEO Bernard Tyson, there"s pride in providing equity in LGBTQ health care

For CEO Bernard Tyson, treating the dozens of populations that make up Kaiser Permanente’s 11.8 million members is not about ensuring equality of care. It’s about providing equity in care. “We work on it every single day,” Tyson said. “Th.....»»

Category: topSource: bizjournalsJun 1st, 2017

BOA: Corporate Buybacks Fall 30% Year-On-Year

Hedge fund clients of Bank of America sold equities for the first time in six weeks last week according to the bank’s weekly Client Equity Flow Trends report. According to the report,, hedge funds sold single stocks for the first […] The po.....»»

Category: blogSource: valuewalkApr 25th, 2017

JPMorgan"s traders made $80 million a day in 2016 (JPM)

JPMorgan had a perfect year in trading in 2016. The US bank is ho.....»»

Category: topSource: businessinsiderFeb 28th, 2017

JPMorgan Is Not Looking Forward To Today"s Apple Earnings

While hardly any analysts or traders expect Apple to report blockbuster earnings today on the back of slowing smartphone sales, challenging iPhone 7 adoption, rising competition in China, and generally a loss of Apple's t.....»»

Category: blogSource: zerohedgeJan 31st, 2017

Private equity firm boss takes $4M loss selling condo to NY real estate titan

A company managed by the head of private equity firm Apollo Management took a $4 million loss on the sale of a condo in Miami Beach’s Faena House. It marks one of the few times that a condo buyer in the recent development cycle has sold for a signi.....»»

Category: topSource: bizjournalsJan 16th, 2017

Agrium (AGU) Posts Loss in Q3, Shareholders Approve Merger

Agrium Inc. (AGU) posted net loss (attributable to its equity holders) of $41 million or 29 cents per share in the third quarter of 2016. Agrium Inc. AGU posted net loss (attributable to its equity holders) of $41 million or 29 cents per s.....»»

Category: topSource: zacksNov 7th, 2016

Hillary Clinton roasts Donald Trump: "What kind of a genius loses $1 billion in a single year?"

Screenshot/CNN Hillary Clinton lambasted Donald Trump during a Monday speech in Toledo, Ohio, after a bombshell New York Times report dropped on Saturday revealed the Manhattan billionaire suffered a $916 million loss in 1995 and could have avoided paying.....»»

Category: topSource: businessinsiderOct 3rd, 2016

Hillary Clinton roasts Donald Trump: "What kind of genius loses $1 billion in a single year?"

Screenshot/CNN Hillary Clinton lambasted Donald Trump during a Monday speech in Toledo, Ohio, after a bombshell New York Times report dropped on Saturday revealing the Manhattan billionaire suffered a $916 million loss in 1995 and could have avoided .....»»

Category: topSource: businessinsiderOct 3rd, 2016

Harvard’s Endowment Just Took Its Biggest Hit Since the Financial Crisis

A 10.2% loss in its equity investments undermined overall performance. Harvard University’s investment arm, which oversees America’s largest endowment, on Thursday said its portfolio lost 2% during the 2016 fiscal year, marking the single .....»»

Category: europeSource: fortuneSep 23rd, 2016