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UPDATE 1-JPMorgan broadens roles for sales executives, memo says
JPMorgan Chase broadens roles of some executives in its sales department, memo says. The bank says Howard Rothberg is leaving after 21 years at the bank. Rothberg will transition responsibilities over the next few months, bank says. Bank says some executives will become sole head of credit, securitized products sales.
Reuters · 1d ago
REFILE-UPDATE 1-FMX-owner BGC's profit jumps on rates, energy trading
BGC Group's first-quarter profit jumps on higher trading volumes in rates and energy businesses. Firm's shares fall 3.5% on a day of weakness in the broader markets. BGC's FMX exchange is looking to take on derivatives giant CME Group.
Reuters · 1d ago
JPMorgan broadens roles for sales executives
JPMorgan Chase broadens roles of some executives in its sales department. The bank said in an internal memo some executives will become sole head of credit, securitized products sales. The executives will report to the bank's global co-heads of sales and research.
Reuters · 1d ago
UPDATE 3-BBVA, Sabadell to explore possible merger
Spanish lender BBVA BBVA.MC and smaller rival Sabadell SABE.MC say they have started to explore a possible merger. Sabadellan's shares rise more than 7% to 10 billion euros. In November 2020, the two banks called off merger talks over the terms of the deal.
Reuters · 1d ago
BUZZ-Sensata Technologies surges on Q1 results beat
Shares of industrial sensor-maker Sensata Technologies ST.N jump 19% to $42.60 premarket. Company's Q1 adj. EPS of 89 cents beats analysts' estimates of 85 cents. Sensata appoints Martha Sullivan as interim President and CEO. Four brokerages raise their PTs on the stock.
Reuters · 1d ago
REFILE-BUZZ-Chegg falls on Q2 forecast below estimates
Chegg falls on Q2 forecast below estimates. Shares of ed-tech company Chegg CHGG.N fall ~11% to $6.36 premarket. Co forecast Q2 total revenues of $159 mln-$161 mln vs consensus $166.7 mln.
Reuters · 1d ago
UPDATE 1-Scotiabank names former Morgan Stanley exec as head of global banking, markets unit
Canada's Scotiabank appoints former Morgan Stanley exec as head of global banking, markets unit. Travis Machen will be CEO and group head of its global banking and markets unit starting May 6. Machen was the managing director and head of banks at U.S. Investment bank Morgan Stanley.
Reuters · 1d ago
Scotiabank names former Morgan Stanley exec as head of global banking, markets unit
Scotiabank appoints former Morgan Stanley exec as head of global banking, markets unit. Travis Machen will be CEO and Group head of its global banking and markets unit starting May 6. Machen was the managing director and head of banks at U.S. Investment bank Morgan Stanley.
Reuters · 2d ago
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