Of Eleftheria Kourtali The investment story of each of the four Greek systemic banks is analyzed by JP Morgan in a new report, examining their valuations and the prospects of their shares on the board of Athens Avenue, in the context of updating its estimates for all European banks for the total of 2022. As […]
Tag: JP Morgan
Damon forecasts for upcoming financial hurricane and lessons from Greenspan
By Daniel Moss Let’s look beyond the naive comments about the rapidly changing Jamie Damon forecast for the US economy – from the modest optimism a week ago to the warning of an impending “hurricane”. What matters is that a titan of American finance is willing to say what few have articulated in recent decades: […]
Jamie Damon: Get ready for a financial ‘hurricane’
JPMorgan CEO Jamie Damon has warned investors to prepare for a financial “hurricane” as the economy faces an unprecedented mix of challenges, including tightening monetary policy and Russia’s invasion of Ukraine. “The hurricane is out there on the road and coming towards us,” JPMorgan Chase, chief executive, told a conference of AllianceBernstein Holdings on Wednesday, […]
J. Dimon (JPMorgan): Prepare for a financial ‘hurricane’
JPMorgan Chase CEO Jamie Dimon warned investors on Wednesday to prepare for the impending economic “hurricane” as a result of the Federal Reserve’s tightening of grip and the effects of Russia’s war in Ukraine. The head of the largest US bank even urged the US Federal Reserve to take strong measures to avoid leading the […]
JPMorgan: An important opportunity for bitcoin after the dive
The recent dip in Bitcoin has brought the popular digital currency far below its “fair value”, giving it significant room for growth, JPMorgan Chase said in a note this week. In particular, according to the bank, bitcoin is undervalued by 28%, while JPMorgan sets the target price at $ 38,000 for the cryptocurrency flagship, which […]
JP Morgan: Profit outlook optimistic
JP Morgan Chase & Co presented a more optimistic profit outlook as it launched an investment conference to allay concerns that it may begin to lose its advantage. JP Morgan, the largest US bank based on assets, in the presentation confirmed the target for a return on tangible equity to 17% and stressed that it […]
Global 2000: Berkshire Hathaway ‘dethroned’ JPMorgan from the top of the US
By Isabel Contreras In a year of intense instability due to the global pandemic, which was exacerbated by war conflicts and supply chain disruptions, American companies have managed to continue on the path of growth. Forbes publishes the 20th annual Global 2000 list, which ranks the world’s largest listed companies by market value, sales, profits […]
JP Morgan: How much ‘value’ is there in Greek banks? – The new target prices
Her Eleftherias Kourtali JP Morgan examines whether the return of Greek banks to normalcy “leaves” value for their shares in a new report, pointing out the factors that can support their performance in the medium term. As he notes, the medium-term outlook for Greek banks has improved significantly and, now that “regularity” is possible, the […]
JPMorgan: Expects rapid growth slowdown in emerging markets
Economic growth in emerging markets is expected to slow “rapidly” this quarter, due to China and Russia, but also due to the tightening of monetary conditions, JPMorgan analysts warn. “China’s commitment to zero-sum COVID policy, Russia’s recession and the tightening of global financial conditions are expected to drive emerging markets to much lower levels this […]
JP Morgan: Maintains a neutral stance on Greek stocks – The ‘weapons’ that will support the bull case in Greece
Her Eleftherias Kourtali JP Morgan maintains a neutral stance on Greek stocks in the markets of Central and Eastern Europe, the Middle East and Africa (CEEMEA), but expects a 30% jump in earnings per share of Greek listed companies this year, which is the second best performance in Greece. eurozone after 38% of Portugal. According […]