#Forget griping staffers, investors love David Solomon

#Forget griping staffers, investors love David Solomon

“#Forget griping staffers, investors love David Solomon” David Solomon would never win a popularity contest inside Goldman Sachs.  Low-level employees grouse that the chief executive makes them work around the clock through the pandemic to keep up with deal flow. White-shoe investment bankers complain that they get blasted when they miss out on business.  He…

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#Lenders mull plan to take Hertz public post-bankruptcy

#Lenders mull plan to take Hertz public post-bankruptcy

“#Lenders mull plan to take Hertz public post-bankruptcy” There’s a battle brewing over Hertz that could determine whether the car rental company — and original “meme stock” — remains a publicly traded company, The Post has learned. Hertz on Tuesday proposed exiting bankruptcy by putting a group of new investors in the driver’s seat, including…

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#JPMorgan looks to sublet NYC office space: report

#JPMorgan looks to sublet NYC office space: report

“#JPMorgan looks to sublet NYC office space: report” JPMorgan Chase is looking to sublet big blocks of office space in Manhattan, Bloomberg News reported on Tuesday, citing people with knowledge of the matter. The bank is looking to sublet just under 700,000 square feet at 4 New York Plaza in the Financial District and more…

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#Big companies unlikely to follow Tesla on Bitcoin: JP Morgan

#Big companies unlikely to follow Tesla on Bitcoin: JP Morgan

“#Big companies unlikely to follow Tesla on Bitcoin: JP Morgan” Tesla’s $1.5 billion investment in bitcoin probably won’t inspire other major companies to spend their corporate cash on cryptocurrency, JP Morgan analysts say. The electric-car maker’s move to spend 8 percent of its cash reserves on bitcoin spurred speculation that the digital currency might start…

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#Amazon, JPMorgan, Berkshire shutter Haven health venture

#Amazon, JPMorgan, Berkshire shutter Haven health venture

“#Amazon, JPMorgan, Berkshire shutter Haven health venture” A health care venture conceived by Amazon, Berkshire Hathaway and JPMorgan to attack soaring costs is dissolving. Haven, which was formed in 2018 by the three US corporate giants, will cease operations by the end of February, a company spokeswoman said Monday. She gave no reason for the…

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#JPMorgan to buy credit-card reward business of cxLoyalty

#JPMorgan to buy credit-card reward business of cxLoyalty

“#JPMorgan to buy credit-card reward business of cxLoyalty” JPMorgan Chase said Monday it would buy the global loyalty division of cxLoyalty Group Holdings, a third-party credit-card loyalty program service provider. The transaction, whose financial terms were not disclosed, will see the Wall Street bank integrate cxLoyalty’s technology platforms, full-service travel agency, gift card, merchandise, and…

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#‘I thought I heard it’ when aorta burst

#‘I thought I heard it’ when aorta burst

“#‘I thought I heard it’ when aorta burst” Jamie Dimon says “I thought I heard it” when his aorta burst in March — leaving the JPMorgan Chase CEO on the brink of death as the US economy headed into the coronavirus recession. In his first interview since undergoing emergency heart surgery, Dimon dramatically re-enacted his…

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