JPMorgan Stars Take Other Side of Dimon’s ‘Hurricane’ Trade

(Bloomberg Opinion) – As chairman and chief executive officer of JPMorgan Chase & Co., Jamie Dimon is perhaps the most powerful person in the banking industry anywhere in the world. So when he says – like he did on June 1 – that investors should brace for an economic “hurricane,” it’s worth taking the warning … Read more

India Calls Surge in Oil Prices a Global Problem: Davos Update

(Bloomberg) – Members of the global elite are back in Davos after a two-year hiatus due to the pandemic. The World Economic Forum’s annual meeting gets underway on Monday at the Swiss ski resort, albeit with fewer big names from Wall Street and politics. But there’s still much to discuss given the war in Ukraine, … Read more

Trading Russian Oil Will Become Harder From Mid-May, Vitol Says

Russia’s exports of crude and oil products have probably dropped by around 1 million barrels a day from 7.5 million before the attack in late February, Mike Muller, head of Asia at Vitol Group, said Sunday on a podcast produced by Dubai-based Gulf Intelligence. They could fall further after May 15, he said. .

Goldman Led Way With Bumper Pay for London Dealmakers in 2021

Goldman associates in the UK capital surveyed by recruitment consultancy firm Dartmouth Partners scored an average bonus of more than 180,000 pounds ($ 235,070) last year, a 70% jump on 2020 payouts. Vice presidents at the firm saw their bonuses more than double to an average of 350,000 pounds, the report said. .