Tag Archives: JPMorgan
JP Morgan lives down to low expectations
The big beast of Wall St did not have quite as happy a start to the year as it first looks. JP Morgan has made a habit over the past few years of setting a high bar for its rivals … Continue reading
Transparency and the House(s) of Morgan
Transparency is Wall Street’s version of Kryptonite. If you take away the informational advantage that investment banks have over their clients and shareholders, then you take away their already diminished ability to print money. My latest column for Financial News. … Continue reading
Investment banks get their house in order
First quarter results reveal impact of regulatory pressure on banks to raise RWAs and equity – with a numbing effect on profitability. My latest column for Financial News A good spring clean is always cathartic. Nowhere more so than at … Continue reading
Investment banking: it’s grim out there
An in-depth analysis of the performance of the top 10 investment banks is a stark reminder that things can only get better – but that for some banks, they might just get worse. It’s hard to be cheerful when your … Continue reading
The changing face of the investment banking industry
A unique analysis of the impact of the financial crisis on investment banks – comparing last year’s performance with 2006 – reveals an industry that is smaller, more concentrated, and much less profitable. My latest column for Financial News: Investment … Continue reading
Why Dimon is (half) right about pay…and why he owes The New York Times $5
Jamie Dimon actively enjoys courting controversy, but at the JP Morgan Chase investor day last week he was on particularly fine form. According to Deal Journal, Dimon quickly warmed to one of his favourite themes: that critics of pay in … Continue reading