Market Chatter: JPMorgan to Buy Manhattan Building Near HQ for Over $300 Million

JPMorgan Chase (JPM) has partnered with real estate investment manager Hines to buy a Manhattan office tower for more than $300 million from AEW, Bloomberg reported Tuesday.The sale process for the 25

MT Newswires12:42 ET

What's Going On With Blackstone Shares Today?

Blackstone Inc. (NYSE:BX) shares are trading higher on Tuesday.The company disclosed that private equity funds affiliated with Blackstone entered into a definitive agreement to acquire Trystar, a

Benzinga12:23 ET

This Is What Whales Are Betting On JPMorgan Chase

Whales with a lot of money to spend have taken a noticeably bullish stance on JPMorgan Chase.Looking at options history for JPMorgan Chase (NYSE:JPM) we detected 39 trades.If we consider the

Benzinga12:15 ET

Amazon Stock Is J.P. Morgan's Prime Internet Pick for June Quarter Earnings

The arrival of Prime Day generally precedes the release of the tech company's financial results by about two weeks.

BarronsJul 16 11:56 ET

Morgan Stanley's Investment Banking Surge Solidifies Wall Street Dealmaking Revival

Yahoo FinanceJul 16 10:38 ET

Morgan Stanley's trading department revenue exceeded expectations while their wealth management business is lagging behind.

Morgan Stanley's traders joined Wall Street's celebration in the second quarter, with reported revenue exceeding expectations, despite the larger wealth management business falling short of expectations. The bank said in a statement on Tuesday that trading revenue growth in the three months ended June 30, among which fixed income trading revenue increased by 16%, and equity trading revenue increased by 18%. Fees in the investment banking division surged 51% year-on-year. The bank exceeded expectations alongside rivals Goldman Sachs and JPMorgan, cementing market business as a hot spot in the industry. However, the company's wealth management business revenue of 6.79 billion US dollars was lower than expectations.

環球市場播報Jul 16 09:00 ET