JPMorgan Chase: Getting Paid 6.4% While Waiting For Lower Interest Rates

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IBM shares tumbled Tuesday as CEO Arvind Krishna acknowledged in an unusual letter to investors that the company had failed to adapt quickly enough, a blunt admission that followed a surprise earnings miss and sent the stock toward its worst drop in decades.  Fortune talked to several analysts about the resulting 25% stock crash, the…

Prior 52.1 Manufacturing PMI 51.5 vs 51.5 expected Prior 51.9 Composite PMI 52.5 vs 51.6 expected Prior 52.2 Comment: Chris Williamson, Chief Business Economist at S&P Global Market Intelligence: “The UK economy picked up a bit more pace in August, adding to signs that we should see solid economic growth of around 0.3% in the…

KPMG Australia has appointed Chief Financial Officer John Sams as its new head, as the arm of the global audit and consulting giant attempts to steer through a scandal that has rocked the firm. Processing Content Sams was selected as the firm’s chief executive officer effective immediately by the board, after a search across its…

A checking account is an essential banking product because it allows you to move money around quickly and easily. Banks offer checking accounts specifically for businesses – learn how to find the best fit for yours. How to Compare Business Checking Accounts There’s a lot that goes into comparing business checking accounts and choosing the…

Perpetual futures: when expiry disappears, governance is key – Risk.net Skip to main content End of drawer navigation content Perps solve the futures roll problem, but run market-structure and regulatory risks, warns Vishal Gupta The notion of perpetual futures has been around since the early 1990s, when Robert Schiller developed the concept academically. But they’ve…