JPMORGAN Chase & Co kept chief executive officer Jamie Dimon’s total compensation at US$34.5 million for his work in 2022, a year in which the firm’s profit fell by almost a quarter and the stock notched its worst annual performance in over a decade.
UBS Group is recommending investors to buy European credit amid signs of distress in the US loan markets, cracks emerging in private credit and a potentially severe downside risk in US high-yield debt.
NEXO Capital has agreed to pay US$45 million in penalties to settle charges from the US Securities and Exchange Commission (SEC) and state regulators that the crypto firm failed to register its crypto asset lending product, the SEC said on Thursday.
KKR & Co joined rivals including Blackstone in limiting withdrawals from a real estate investment trust after investors sought to pull out more money.
CAPITAL One Financial eliminated hundreds of technology positions this week, the result of the credit-card giant spending years investing in systems meant to improve its efficiency.
From cost of living to healthcare and economic challenges, what will 2023 hold for Malaysia? A researcher weighs in.














