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  • 11/22/2017 15:03:17

    UPDATE 2-JPMorgan's Dimon says Trump likely to be a one-term president

    CHICAGO/NEW YORK, Nov 22 (Reuters) - Jamie Dimon, chief executive officer of JPMorgan Chase & Co, on Wednesday said he expects to see a new U.S. president in 2021 and advised the Democratic party to come up with a "pro-free enterprise" agenda for jobs and economic growth instead.

  • 11/17/2017 16:41:50

    Wells Fargo consumer lending head axed after disparaging regulators: source

    NEW YORK/WASHINGTON (Reuters) - Wells Fargo & Co announced on Friday it fired its head of consumer lending, a move that people familiar with the matter said was because he disparaged a bank regulator...

  • 11/17/2017 16:39:23

    UPDATE 5-Wells Fargo consumer lending head axed after disparaging regulators -source

    NEW YORK/WASHINGTON Nov 17 (Reuters) - Wells Fargo & Co announced on Friday it fired its head of consumer lending, a move that people familiar with the matter said was because he disparaged a bank regulator to a fired employee.

  • 11/17/2017 09:26:53

    Wells Fargo dismisses consumer lending head Codel

    NEW YORK/WASHINGTON (Reuters) - Wells Fargo & Co has fired its head of consumer lending over unsuitable communications he had with a former employee, the bank said on Friday, the latest upheaval at a...

  • 11/17/2017 09:23:21

    UPDATE 3-Wells Fargo dismisses consumer lending head Codel

    NEW YORK/WASHINGTON Nov 17 (Reuters) - Wells Fargo & Co has fired its head of consumer lending over unsuitable communications he had with a former employee, the bank said on Friday, the latest upheaval at a lender roiled by scandal for more than a year.

  • 11/16/2017 10:58:20

    Johnson & Johnson hit with $247 mln verdict in hip implant trial

    NEW YORK, Nov 16 (Reuters) - A federal jury in Dallas on Thursday ordered Johnson & Johnson and its DePuy Orthopaedics unit to pay $247 million to six patients who said they were injured by defective Pinnacle hip implants.

  • 11/14/2017 16:27:11

    Paulson holds stake in gold steady in third-quarter

    NEW YORK (Reuters) - Paulson & Co left its stake in gold investments unchanged in the third quarter, as concerns about North Korea's nuclear weapons program helped lift bullion prices to a 13-month...

  • 11/14/2017 16:26:22

    UPDATE 2-Paulson holds stake in gold steady in 3rd quarter

    NEW YORK, Nov 14 (Reuters) - Paulson & Co left its stake in gold investments unchanged in the third quarter, as concerns about North Korea's nuclear weapons program helped lift bullion prices to a 13-month high, a U.S. Securities and Exchange Commission filing showed on Tuesday.

  • 11/03/2017 13:33:31

    JPMorgan expects Fed to raise rates four times in 2018

    NEW YORK (Reuters) - JPMorgan Chase & Co on Friday raised its forecast on the number of U.S. interest rate increases by the Federal Reserve next year to four from three as the October payrolls data...

  • 10/30/2017 09:16:35

    Cancer-drug setback sends Merck shares down again

    NEW YORK (Reuters) - A setback for Merck & Co's key cancer drug sent the drugmaker's stock swooning on Monday for a second straight session, putting the shares on track for their biggest two-day decline in more than eight years.

  • 10/22/2017 22:02:58

    JPMorgan reaches beyond its branches with new mobile account app

    NEW YORK (Reuters) - In its first offering of online bank accounts, JPMorgan Chase & Co on Monday launched a new smartphone app that it hopes will attract new depositors, many of whom are young and may live far from any of its branch offices.

  • 10/22/2017 18:33:09

    JPMorgan partners with data start-up to boost fixed-income trading

    NEW YORK (Reuters) - JPMorgan Chase & Co has partnered with data analytics start-up Mosaic Smart Data to help its fixed-income sales and trading business become more profitable.

  • 10/19/2017 11:29:46

    Merck cyber attack may cost insurers $275 mln -Verisk's PCS

    NEW YORK, Oct 18 (Reuters) - Insurers could pay $275 million to cover the insured portion of drugmaker Merck & Co's loss from a cyber attack in June, according to a forecast by Verisk Analytics Inc's Property Claim Services (PCS) unit.

  • 10/18/2017 11:30:27

    Live Nation festival targeted by shooter insured by NY Marine & General-document

    Oct 18 (Reuters) - A Live National Entertainment Inc Las Vegas country musical festival that was targeted Oct. 1 in the largest mass shooting in modern U.S. history was insured by New York Marine & General Insurance Co, according to a permit document filed in September.

  • 10/17/2017 16:22:55

    Dow pierces 23,000 but ends below milestone

    NEW YORK (Reuters) - The Dow Jones Industrial Average briefly broke above the 23,000-point mark for the first time on Tuesday, driven by strong earnings from UnitedHealth and Johnson & Johnson, but finished the session just below that milestone.

  • 10/17/2017 15:34:42

    Dow pierces 23,000 but finishes below milestone

    NEW YORK (Reuters) - The Dow Jones Industrial Average briefly broke above the 23,000-point mark for the first time on Tuesday, driven by strong earnings from UnitedHealth and Johnson & Johnson, but finished the session just below that milestone.

  • 10/16/2017 11:54:54

    Wells Fargo brokerage to return $3.4 million for risky products

    NEW YORK (Reuters) - A brokerage industry regulator on Monday ordered Wells Fargo & Co to return $3.4 million (2.56 million pounds) to customers after selling them inappropriate investment products, the latest sign that a culture of problematic sales practices has bled into areas outside its consumer bank.

  • 10/16/2017 09:51:43

    UPDATE 1-Wells Fargo to return $3.4 mln to brokerage clients over risky products

    NEW YORK, Oct 16 (Reuters) - A brokerage industry regulator on Monday ordered Wells Fargo & Co to return $3.4 million to customers after selling them inappropriate investment products, the latest sign that a culture of problematic sales practices have bled into areas outside its consumer bank.

  • 10/13/2017 15:59:08

    Chinese peer-to-peer lender Paipaidai files IPO documents

    PPDAI Group Inc. hopes to raise $350 million in its initial public offering, according to documents filed with the Securities and Exchange Commission late Friday. The China-based company said it intends to list American depository shares on the New York Stock Exchange under the ticker symbol "PPDF." It has been rumored to be going public for some time, with The Wall Street Journal reporting it was formulating plans in 2016. Known as Paipaidai, the company offers unsecured peer-to-peer loans and said that it had 48 million registered users as of June. In the first six months of 2017 the company, logged a net loss of $60 million on sales of $255 million. Credit Suisse, Citigroup and Keefe, Bruyette & Woods are listed as underwriters.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 10/10/2017 09:13:47

    CORRECTED-OFFICIAL-JPMorgan, Temasek lead $100 mln investment in payments company Bill.com

    NEW YORK, Oct 10 (Reuters) - JPMorgan Chase & Co and Temasek Holdings have led a $100 million investment in Bill.com, a Palo Alto, California-based company that helps business digitize their payments.

  • 10/02/2017 16:52:36

    Exclusive: U.S. mulls further Wells Fargo sanction over sales abuses - source

    WASHINGTON/NEW YORK (Reuters) - The main regulator for Wells Fargo & Co is considering whether to sanction the U.S. bank over improperly charging customers for car insurance and mortgage loans, according to a source familiar with the matter.

  • 09/29/2017 15:17:07

    ISS says P&G investors should vote Peltz on to board

    NEW YORK (Reuters) - Institutional Shareholder Services, the influential proxy adviser, said on Friday shareholders in Procter & Gamble Co should vote activist investor Nelson Peltz to the board of the consumer goods giant.

  • 09/29/2017 13:19:24

    ISS says P&G investors should vote for activist investor Peltz

    NEW YORK (Reuters) - Institutional Shareholder Services, the influential proxy adviser, said on Friday shareholders in Procter & Gamble Co should vote activist investor Nelson Peltz on to board of the consumer goods giant.

  • 09/26/2017 12:32:03

    Hedge fund Paulson & Co calls for joint shareholder action vs gold miners

    New York-based Paulson & Co, led by longtime gold bull John Paulson, called on Tuesday for the world's biggest investors in gold-mining stocks to form a coalition to tackle miners' "dreadful" performance as it launched a blistering attack on the industry's track record.

  • 09/19/2017 23:05:43

    Wells Fargo's lone outsider aims to clean up bank's reputation

    NEW YORK (Reuters) - Before a sales scandal upended its reputation, Wells Fargo & Co was something of a proud outsider in Washington and on Wall Street compared to its big bank peers.

  • 09/18/2017 15:33:20

    MOVES-JPMorgan hires Amazon exec for retail 'customer experience'

    NEW YORK, Sept 18 (Reuters) - JPMorgan Chase & Co has hired Marbue Brown, an Amazon.com Inc quality control veteran, to oversee customer experiences with Chase branches, digital sites, mobile apps and call centers, the bank said on Monday.

  • 09/12/2017 16:21:24

    UPDATE 3-JPMorgan's Dimon says bitcoin 'is a fraud'

    NEW YORK, Sept 12 (Reuters) - Bitcoin "is a fraud" and will blow up, Jamie Dimon, chief executive of JPMorgan Chase & Co , said on Tuesday.

  • 09/12/2017 13:03:48

    UPDATE 2-JPMorgan's Dimon says bitcoin 'is a fraud'

    NEW YORK, Sept 12 (Reuters) - Bitcoin "is a fraud" and will blow up, Jamie Dimon, chief executive of JPMorgan Chase & Co , said on Tuesday.

  • 09/12/2017 13:02:39

    JPMorgan's Dimon says bitcoin 'is a fraud'

    NEW YORK (Reuters) - Bitcoin "is a fraud" and will blow up, Jamie Dimon, chief executive of JPMorgan Chase & Co , said on Tuesday.

  • 09/12/2017 12:46:59

    UPDATE 1-JPMorgan's Dimon says bitcoin 'is a fraud'

    NEW YORK, Sept 12 (Reuters) - Bitcoin "is a fraud" and will blow up, Jamie Dimon, chief executive of JPMorgan Chase & Co , said on Tuesday.

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