Author: Nupur Anand

By Nupur Anand NEW YORK (Reuters) -JPMorgan Chase is preparing to overhaul branches it acquired from failed First Republic Bank as the lender expands its formidable national footprint. “Branches have been a winning strategy for us that is helping us capture more market share,” Jennifer Roberts, CEO of Chase Consumer Banking, told Reuters in an…

By Douglas Gillison, Nupur Anand and Tatiana Bautzer (Reuters) – Now that regulators in Washington have unfurled a hefty reform package of post-financial crisis capital regulations, banking industry advisers are honing in on what they consider most disruptive, including risk management requirements that could affect real estate lending, consumer credit and wealth management. In a…

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…

By Nupur Anand NEW YORK (Reuters) – U.S. home buyers are still committed to their plans to buy a property despite rising interest rates, high inflation and slowing growth, according to a study by Bank of America published on Tuesday. Of the 1,000 respondents surveyed, 54% said they will speed up their home purchase plans,…

By Niket Nishant and Nupur Anand (Reuters) -Goldman Sachs Group Inc’s profit fell 19% as dealmaking and bond trading slumped in the first quarter, while losses from the sale of some loans from its consumer unit weighed on earnings. Goldman lost $470 million on the sale of the Marcus loans after its foray into consumer…