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JPMorgan Chase
48 posts
Bank of America (NYSE: BAC) steps up Wall Street hiring after senior dealmaker departures
Bank of America has lost several senior investment bankers to rivals during a strong capital-markets cycle but says it has recruited more than 40 managing directors this year. The talent battle raises a high-value workforce question for Wall Street: whether franchise strength can offset the loss of individual rainmakers when competitors are willing to pay aggressively for client relationships.
JPMorgan earns $15.3bn but disappoints Wall Street. What went wrong in Q3?
JPMorgan Chase delivered higher third-quarter revenue and profit, but weaker fixed-income trading, rising expenses and an investment securities loss contributed to an earnings miss.
Tencent plans new dollar and yuan bond sale months after $4.66bn issue
Tencent is preparing another multi-currency debt offering under its $30bn note programme, but the size and final pricing remain open as the Chinese technology group tests demand for maturities extending as far as 30 years.
JPMorgan expands instant cross-border payouts through Thunes network
The bank is extending Xpedite Remit across more than 100 payment corridors as competition intensifies around faster bank-account and mobile-wallet settlement.
Boston Scientific’s cyberattack knocks its 2026 outlook off course
Manufacturing, order fulfilment and shipping have been restored, but the medical-device group still cannot quantify the full financial damage and will reset expectations with third-quarter results.
SoftBank Group launches an $11bn bond sale for its next OpenAI payment
The five-part dollar and euro offering would replace a bridge facility and finance SoftBank’s third follow-on payment to OpenAI, turning the AI investment thesis into a major test of public debt demand.
Scott Bessent and He Lifeng meet in New York days before Trump-Xi White House summit
Scott Bessent and He Lifeng are meeting in New York on September 20 to discuss trade and AI security four days before Donald Trump hosts Xi Jinping.
Grupo Aeroportuario del PacĂfico (NYSE: PAC) lines up Ps.8bn financing for debt and airport investment
Grupo Aeroportuario del PacĂfico has arranged Ps.8 billion of bank financing to refinance near-term maturities and fund airport investment as non-aeronautical revenue helps cushion weaker passenger volumes.
Oura files Nasdaq IPO as $11bn valuation meets profit surge
Oura has filed for a Nasdaq IPO after nine-month revenue jumped 74% to $1.21 billion and net income reached $60.8 million. The smart-ring company has 5 million paying members and membership gross margins of 89%, but hardware still produces 80% of revenue. Its public-market test is whether investors value Oura as a consumer-device maker or a recurring health-intelligence platform.
ByteDance’s $29.6bn loan is not a rescue financing, it is what an AI arms race looks like on a profitable balance sheet
ByteDance has reportedly expanded a planned $20 billion syndicated loan to $29.6 billion after lender demand exceeded $30 billion. The TikTok owner is considering as much as $70 billion of 2026 capital spending, largely around AI infrastructure, yet the loan is priced more cheaply than its previous offshore facility. For one of the world’s most valuable private companies, the financing shows how profitable AI leaders are beginning to combine enormous internal cash generation with public-company-scale debt markets.