- Yahoo Finance
Wall Street is divided over the rise of private credit
The Wall Street debate about the rise of private credit is getting louder, with major figures from the biggest financial institutions disagreeing about risks and opportunities.
- Reuters
JPMorgan, Greek fintech, claim success in London court
Wall Street bank JP Morgan and Greek fintech boss Haris Karonis both claimed success on Thursday in a London court battle over how to value a joint business, paving the way for its potential sale. Karonis's WEREALIZE.COM (WRL), the majority owner of Athens-based Viva Wallet, has accused JP Morgan of trying to hamper the growth of the payments platform and both sides sued each other in London. But a London judge dismissed suggestions that JP Morgan had any incentive to depress Viva's value and set out how the business should be valued, a judgment published on Thursday showed.
- Zacks
JPMorgan (JPM) Ups View, Expects Q2 IB Revenues to Rise 25-30%
Driven by strong capital markets performance, JPMorgan (JPM) expects its investment banking revenues to rise 25-30% in the second quarter of 2024.
