Author: Mehnaz Yasmin
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JPMorgan sees $3 billion net interest income boost from First Republic deal
By Nupur Anand, Lananh Nguyen and Mehnaz Yasmin NEW YORK (Reuters) -JPMorgan Chase & Co’s net interest income will rise $3 billion as it brings in more in interest payments from its purchase of failed First Republic Bank this year, executives told investors on Monday. The largest U.S. lender expects its net interest income to…
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Robinhood to permanently shift most employees to remote working
By Mehnaz Yasmin and Niket Nishant (Reuters) – Online trading platform Robinhood Markets Inc said on Wednesday it plans to move a majority of its 3,400 employees to remote work permanently, joining a slew of top tech firms embracing a hybrid culture. The California-based company’s move to adopt a ‘remote first’ approach, the plans for…