JPMorgan Chase CEO Jamie Dimon blasted proposed U.S. bank capital rules as "unfair" and based on "false" calculations, arguing they disproportionately penalize large, diversified banks while favoring Wall Street trading firms.
Reza Zarrab, a Turkish-Iranian gold trader who became a key cooperating witness in a U.S. probe into Turkish lender Halkbank, has avoided further prison time after being sentenced to time served for his role in a massive Iran sanctions-evasion scheme.
JPMorgan Chase CEO Jamie Dimon stated his succession timeline remains the same, addressing analyst questions following a major management reshuffle that appointed two new co-presidents.
Options traders are pricing in a potential 5.7% move for General Motors stock following its earnings report on July 21. Historical data shows the stock has often moved more than the implied volatility in recent quarters.
Shares of the cybersecurity firm recovered from a recent selloff, climbing over 8% after several Wall Street analysts raised their price targets, pointing to record recurring revenue and strong earnings.
Options data compiled by Bloomberg indicates traders are expecting a 3.8% price swing in Charles Schwab (SCHW) shares following the company's earnings report on July 21. The stock has a history of exceeding these implied moves in recent quarters.
The Hangzhou-based artificial intelligence startup has reportedly begun preparations for a mainland China IPO and is seeking to raise new private capital at a valuation of at least $71 billion.
Options traders are anticipating a potential 4.9% swing in Danaher Corp. shares following its earnings report on July 21, according to Bloomberg data. A review of past performance shows the stock has exceeded market expectations in three of the last eight quarters.
Options traders are pricing in a potential 4.8% move for Northrop Grumman shares following its July 21 earnings report. Historically, the defense contractor's stock has often moved more than the market's expectations.
