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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThis is the worst fixed-income year in the history of bonds, says JP Morgan's Phil CamporealeLiz Ann Sonders, Charles Schwab chief investment strategist, and Phil Camporeale, JPMorgan Asset Management portfolio manager, join 'Squawk on the Street' to discuss assessing the terminal rate, fixed income versus equities, and financial conditions in 2023.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Charles Schwab's Liz Ann Sonders and JP Morgan's Phil CamporealeLiz Ann Sonders, Charles Schwab chief investment strategist, and Phil Camporeale, JPMorgan Asset Management portfolio manager, join 'Squawk on the Street' to discuss assessing the terminal rate, fixed income versus equities, and financial conditions in 2023.
JPMorgan to expand in Greece with new office, payments team
  + stars: | 2022-11-11 | by ( ) www.reuters.com   time to read: +2 min
ATHENS, Nov 11 (Reuters) - U.S. bank JPMorgan (JPM.N) said on Friday it will open a new office in Athens to support the growth of its business in the country. The office will house a new Payments Innovation Lab for which the firm will hire around a 50-strong payments research and development team locally - including product and engineering specialists. The Payments Innovation Lab will provide research and development to the bank's global payments business, including working with Onyx, JP Morgan's business unit that leverages cutting-edge technologies like blockchain. "We want to stay at the apex of payments innovation, and our new location in Athens will be a key nerve centre for our cutting edge payments innovation work," said Takis Georgakopoulos, Global Head of JPMorgan Payments. Recruitment for the Payments Innovation Lab will begin immediately, including for a head of the division.
At the COP27 climate conference in Egypt, companies and country delegates are discussing ways of enhancing the market for green bonds, or bonds that are linked to projects deemed environmentally beneficial. POPULAR DESPITE THE 'GREENIUMS'Also known as "use of proceeds bonds," green bonds involve a company or government raising money for projects considered environmentally beneficial. SUSTAINABILITY-LINKED BONDSSustainability-linked bonds, or SLBs, comprise a newer and smaller market than green bonds. SOCIAL BONDS, SDG BONDS, AND MOREBeyond bonds focused on environmental outcomes, lie pools of money for related goals around social equity or fair living standards. Social impact bonds, or impact bonds, differ from social bonds in linking financial returns to the desired outcome.
These 15 power players are just a handful of the people designing workplaces to balance productivity, interaction, and employee well-being through indoor-air-quality monitoring systems, building amenities, holographic meeting spaces, and more. AftershipCities like Austin, Texas; Nashville, Tennessee; and Raleigh, North Carolina, began offering business-relocation incentives during the pandemic to boost their workforces and help increase occupancy in office buildings. Room's office suite includes a phone booth, a meeting room, an open meeting room, and a focus room. Room also makes a soundproof meeting room that fits two people, a more open meeting booth, and a focus room designed for quiet concentration. "The future of office work needs to be guided by a new, genuine form of flexibility in which the work, not the workers themselves, become even more malleable," Petersen writes.
JP Morgan Swiss head Bossart moves to Rothschild & Co
  + stars: | 2022-09-29 | by ( Oliver Hirt | ) www.reuters.com   time to read: +2 min
ZURICH, Sept 29 (Reuters) - U.S. investment bank JP Morgan's head of Switzerland, Nick Bossart, is moving to Rothschild & Co (ROTH.PA) to lead its Swiss advisory business for mergers and capital market transactions, two people familiar with the situation told Reuters. With Bossart, the French investment bank wants to expand its market share in Switzerland. During this time, he made JP Morgan the third-largest investment bank in Switzerland after Credit Suisse (CSGN.S) and UBS (UBSG.S). Before joining JP Morgan, he worked at Deutsche Bank (DBKGn.DE) and UBS. JP Morgan had said in July that Bossart was leaving and would be replaced by Reinout Böttcher.
S & P 500 2022 earnings: No recession in earnings Q2: +7.6% Q3: +9.0% Q4: +8.6% 2022: +8.8% 2023: +8.3% Source: Refinitiv Earnings are reflecting a slowdown, but not a recession Recessions almost always produce a decline in earnings. Amazon alone is expected to see an earnings decline of 90% this year (it has posted losses for two straight quarters). Consumer Discretionary earnings 2022 April 1: +6.9% Today: +0.7% Source: Refinitiv Communication Services are also seeing a decline in earnings expectations, led by Netflix and Meta (Facebook). Meta alone is expected to see total earnings decline 25% this year. However, other stocks in the sector, such as Walt Disney, are seeing earnings estimates move higher.
One of the perks that comes with The Platinum Card® from American Express is access to exclusive events and dining reservations via the By Invitation Only program. In 2017, Amex doubled down on this by relaunching its famed Platinum Card. Facing fierce competition in the premium space from JP Morgan's Chase Sapphire Reserve rewards credit card, American Express boosted its travel and experience platforms. "Now in 2018, we see that our Platinum card members are passionate about travel, entertainment, superior service, and have evolved in how they undertake that." I've written before about how the Amex Platinum Card offers a ton of value, easily enough to outweigh its annual fee.
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