JPMorgan will expand its online bank Chase to Germany and other European Union countries, CEO Jamie Dimon told German newspaper Handelsblatt, a move that increases competition for European rivals in a crowded market.
A unit of Swedish property group SBB will issue preference shares to an investment fund managed by Morgan Stanley to boost its liquidity and financial profile, SBB said on Friday.
A Florida venture capitalist, his brother and an employee accused of insider trading before a blank check company's proposed merger with former U.S. President Donald Trump's social media company pleaded not guilty in a New York court on Thursday.
The yen slid against the dollar on Friday after a Reuters report that the Bank of Japan (BOJ) is leaning towards keeping its key yield control policy unchanged next week, ahead of a crunch run of central bank meetings that includes the U.S. and Europe.
KKR & Co said on Friday it would buy chemical maker Chase in an all-cash deal valued at about $1.3 billion including debt, to help the private equity firm bolster its holdings in the specialty chemicals sector.
U.S. Transportation Secretary Pete Buttigieg said he is willing to take a hard line with airlines when necessary as the Biden administration vows a sweeping upgrade in passenger consumer protections.
Bolivia's lithium resources are now estimated at 23 million metric tons, its president said on Thursday after government studies that further cement the South American country's position as the global leader in lithium resources.
Investors' rush to the safety of cash, a dominant theme in capital flow data this year, may be peaking, Bank of America global research said on Friday.
American Express kept its forecast for full-year profit unchanged on Friday, disappointing investors and overshadowing its quarterly results that topped estimates on record card member spending by its young and affluent customers.
U.S. auto retailer AutoNation posted better-than-expected revenue in the second quarter on Friday, as demand for new vehicles and aftermarket services offset the impact from falling used-vehicle sales.
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