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JPMorgan Chase (JPM) Q3 2024 Earnings Call Transcript

The Motley Fool

NII ex-markets was up $274 million or 1%, driven by the impact of balance sheet mix and securities reinvestment, higher revolving balances in card, and higher wholesale deposit balances, predominantly offset by lower deposit balances in banking and wealth management and deposit margin compression. NIR ex-markets was up $1.8 Expenses of $22.6

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Transcript: Anat Admati

The Big Picture

Any kind, collateral, non-collateral. Now, deposit is very unique because deposits are unsecured debt to the bank. They don’t have collateral. Now does the FDIC even know how much risk they’re bearing 0 when all the assets are so encumbered that they’re all pledged as collateral? RITHOLTZ: Right.

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Canadian Pension Funds Exposed to Northvolt's Collapse

Pension Pulse

Just how badly Northvolt and its financiers misjudged the situation a year ago has now become evident. Last fall, the company invited investment banks to pitch for roles in an IPO that could have valued the battery maker at US$20 billion, the FT then reported. Canada Pension Plan Investment Board, Investment Management Corp.

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Transcript: Brian Hamburger

The Big Picture

HAMBURGER: They’re pulling your marketing collateral. That’s what big financial institutions are after. And to this day, I think about that when we think about the inequity that exists between financial institutions and retail customers, right? HAMBURGER: Because it’s as simple as this.

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Transcript: Gary Cohn

The Big Picture

You know, funding a, a a a a institution or funding a bank is really important. As I, as I always used to say to people, you know, these banks or these financial institutions, they don’t run outta equity. 00:34:03 You’re understanding that, look, you have a lot of the risks that they do.

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