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15 July 2020 • By Lachlan Maddock • 1 min read

JPMorgan posts record revenue ahead of ‘moment of truth’

JPMorgan Chase has posted record revenue during the worst recession in a hundred years but warned that the economy would get worse before it gets ...

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J.P. Morgan launches ESG push

J.P. Morgan Asset Management has launched a new ESG strategy as it attempts to strengthen risk management and create “more stabled, enhanced financial ...

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ME Bank chief steps down

The chief executive of an industry fund-owned bank has resigned after coming under scrutiny last month for his institution’s handling of changes to ...

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COVID-19 recession on track for a quick recovery

China is leading the way to a COVID-19 recovery, which bodes well for metrics across the rest of the world. “China was the first country to emerge ...

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‘We are not out of the woods’

The IMF has warned that fiscal support will need to remain “supportive and flexible” until the economic recovery is assured despite massive levels of ...

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Corporate debt skyrockets

Corporate debt will soar by a record $1.45 trillion this year alone, and a looming deleveraging cycle may create a “once-in-a-decade event” for credit ...

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ScoMo has bet the future on Hong Kong

ScoMo has turned to Hong Kong to shape Australia’s economic recovery in a move that China has blasted as “gross interference”. The government has ...

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Stimulus to be extended amid second wave havoc

The Prime Minister has flagged another round of stimulus measures ahead of September’s “fiscal cliff” as Victoria’s second wave threatens the recovery

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APRA extends crisis loan deferrals for banks

The prudential regulator has paved the way for banks to give customers an extra four months’ repayment holiday on their loans, extending its temporary ...

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Markets in the eye of the storm as second wave rises

Investors have likely not seen the worst of the COVID market sell-off, with the second wave impacts of the virus tipped to drive worse declines if ...

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