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JPMorgan Sues Four People Over 'Chase Bank Glitch.' Here's How Much Money They Allegedly Stole.
Here's Why We Think JPMorgan Chase (NYSE:JPM) Might Deserve Your Attention Today
Boeing issues over $20 billion, with four banks grabbing as much as 0.3 billion in financing fees.
Just before the stock market cooled down before the US election, boeing's financing of over $20 billion brought lucrative returns to four banks. According to the documents submitted by Boeing to the US Securities and Exchange Commission, goldman sachs, bank of america, citigroup, and jpmorgan are expected to receive up to $75 million in revenue each for serving as the main joint bookrunners for this equity financing. This accounts for nearly 80% of the total fees shared by approximately 20 banks involved in this transaction. Representatives of Boeing, goldman sachs, bank of america, citigroup, and jpmorgan declined to comment.
Buy These ETFs If You Think Trump Will Win
Weekly Buzz: Magnificent Mix of Market Reactions
Wall Street's outlook for next week: The US presidential election and the Federal Reserve meeting are about to become an important week for the market.
As Americans vote for the next president and the Federal Reserve provides more insights into the interest rate trends at its monetary policy meeting, there will be dual events in the market in the coming week. The November 5th election marked the end of an election cycle, attracting national attention and triggering volatility in various corners of the financial markets. This includes the rise and fall of the so-called Trump trade, a series of asset price fluctuations reflecting strong sentiment towards the competition between Republican Donald Trump and Democrat Kamala Harris for the position of President of the USA. These trades involve the rise of the US dollar and the selling of US Treasury bonds (possibly influenced