David Scheer News
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Updated 10 minutes ago
Morgan Stanley said Michael Heaney and Robert Rooney will become global co-heads of fixed-income sales and trading as Ken deRegt leaves to join an outside firm.
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Updated 27 minutes ago
JPMorgan Chase & Co.’s board, whose top director told investors yesterday to “stay tuned” for changes to its risk committee, isn’t likely to add new members immediately, according to two people with knowledge of the board’s thinking.
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Updated 2 hours, 27 minutes ago
About $25 billion in unrealized bond gains are at risk from rising interest rates that may erode capital levels at some of the largest banks by 1 percentage point or more, according to Fitch Ratings.
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Popular Inc., Puerto Rico’s biggest bank, said that Richard Carrion will step down as chief executive officer if he’s successful in a bid to be elected president of the International Olympic Committee.
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Nomura Holdings Inc., Japan’s largest brokerage, said it hired Eric Miller as head of interest-rates sales for the Americas and Tom Haskins as head of foreign exchange sales for the region.
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BRP Inc., the maker of Ski-Doo snowmobiles, watercraft and all-terrain vehicles, raised C$262.3 million ($254.4 million) in the biggest Canadian IPO this year.
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JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon won more investor support this year than in 2012 to remain chairman, weathering a push to divide the roles after the largest U.S. bank suffered a record trading loss.
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JPMorgan Chase & Co.’s risk committee could undergo changes in its membership, said Lee R. Raymond, the bank’s lead director.
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JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon won shareholder support to remain chairman, surviving a campaign to split the roles after a record trading loss at the biggest U.S. bank.
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JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon won approval from investors to keep his chairman title in preliminary voting ahead of today’s shareholder meeting, according to two people with knowledge of the tallies.
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