For many, J.P. Morgan one of the best financial institutions, today's news shows that its is number one. In addition, we will look at the shareholders' meeting and Trump's request.
In this article:
- U.S. equities news
- Credit Suisse news
- Trump’s tax returns
- Results of companies
- J.P. Morgan successes
U.S. equities
Charles Schwab Corp on his post tweets about U.S. equities
There is a lot going on in the markets lately. Investors are watching the events closely. Last week's positive momentum couldn't hold on. U.S. equities ended the day in the red. For investors, this is an important signal when taking future action.
Credit Suisse shareholders' meeting
Reuters Business tweets about Credit Suisse shareholders' meeting
After the recent events in connection with the Swiss bank, now there is information about the shareholders' meeting. The main topic of the talks will be a proposal to increase the capital. Banks take risk in their activities, which is why having capital is one of the conditions for the safety and good condition of a bank. By increasing its capital, Credit Suisse is trying to improve its condition. It may also mean that the bank takes more risk and therefore needs much more capital. In light of recent events, it can mainly mean the second one.
Trump's request
CNBC Now tweet about Trump's request
Former President Donald Trump has asked the Supreme Court to block the judge's order. The order was for his tax returns to be forwarded to the Household Resources Committee later this week. If the court agrees, this means a delay. The delay would give Trump time to formally ask the supreme court to heal the appeal. In short, Trump would gain time, there would be a hearing. And like any large trial, it can take up to even months.
The financial results of companies
Morgan Stanley in his post discusses the financial results of companies for the third quarter.
The financial situation of a given company is presented in the statement of profit and loss, which shows the revenues received and costs incurred by the enterprise. The financial result is determined for a given company in a specific reporting period. A closer look at them allows you to determine the profitability of the company, and for the management board to determine the effectiveness of management. In the current difficult economic climate, it may be more important to learn about corporate performance for investors who base their decisions on, analyze and interpret available data. We have to take into account the fact that the interpretation of the data may give a misleading message about the prospects of future profitability of the companies.
The No. 1 research company
J.P Morgan boasts on Twitter with the successes of the Research Team
Despite the negative results from global markets and the economy, there is also some positive news. JPMorgan Chase & Co. remains the No. 1 research company for the seventh year in a row. In the face of the turbulent environment of the host, it may be even more successful than in previous years.