Reddit prices IPO at top of indicated range to raise $748 million
Social media platform Reddit, priced its initial public offering at the top of its targeted range of $31 to $34 per share on Wednesday, raising $748 million and giving the ailing…
2024-03-29 07:00:46
Social media platform Reddit, priced its initial public offering at the top of its targeted range of $31 to $34 per share on Wednesday, raising $748 million and giving the ailing…
It seems almost unfathomable that there was time — and not that long ago — that Citigroup was the model financial services firm. It might be yet again — but…
Jamie Dimon said central banks 18 months ago got their economic forecasts “100% dead wrong” — and said it doesn’t matter whether the Fed hikes rates again this year. The…
JPMorgan Chase is spending an estimated $3 billion to erect a new headquarters skyscraper at 270 Park Ave. But according to a top analyst in the bank’s own asset and wealth…
I hate CEO virtue-signaling. It’s often so fake and it leads to perverse outcomes. Yet if there was ever a time to indulge in it, now would be the time…
Neiman Marcus is weighing a possible deal to sell itself to archrival Saks Fifth Avenue – a once unthinkable merger of the twin titans of US luxury retailing, The Post…
Newly revealed emails shed fresh light on JPMorgan’s cozy ties with Jeffrey Epstein, suggesting that top bankers at the Wall Street giant bent over backwards to accommodate the dead pedophile…
JPMorgan chief Jamie Dimon is America’s top banker, but he also wants to be the country’s commander in chief, I am told by people close to him. After steering the…
The US Virgin Islands has subpoenaed Tesla CEO Elon Musk for documents in its lawsuit accusing JPMorgan Chase of helping enable sexual abuses by late sex offender Jeffrey Epstein. According to a Monday…
Rising interest rates fuelled a spike in net interest income for JPMorgan Chase. (Representational) New York: Top American banks delivered healthy quarterly profit gains on Friday, beating analyst forecasts as…