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10.09.2024 21:59
Investor Exodus Shrinks Wamco Key Bond Fund to Under $15 Billion A wave of investor redemptions slashed the size of Western Asset Management Co.’s flagship core plus bond fund below $15 billion, a decline of more than one-third so far this year, as clients pull back after a federal investigation of the firm’s veteran trader and co-chief investment officer Ken Leech.

10.09.2024 22:04
JPMorgan Among Banks Working on Over €8 Billion Debt for UK Firm Belron JPMorgan Chase & Co., BNP Paribas SA and Bank of America Corp. are among banks set to market over €8 billion ($8.8 billion) in debt for UK vehicle glass repair and replacement company Belron, with the proceeds to go toward pushing out debt maturities and funding a shareholder payout, according to people familiar with the matter.

10.09.2024 22:26
10.09.2024 22:41
JPMorgan Shares Tumble After Tempering Revenue Optimism JPMorgan Chase President Daniel Pinto said analysts are being too optimistic in projecting next year’s expenses and net interest income, causing shares to fall the most in more than four years. Pinto spoke at an industry conference Tuesday. Sridhar Natarajan reports on Bloomberg Television. (Source: Bloomberg)

10.09.2024 22:53
Commerzbank: Bund beginnt mit Aktien-Verkauf Mit Milliardenhilfen stützte der Staat die Commerzbank während der Finanzkrise. Nun verringert der Bund seine Beteiligung deutlich. Es handele sich um »ein wieder stabiles und ertragsstarkes Institut«.