JPMorgan Chase & Co executives had a clear message for shareholders after reporting declining first-quarter earnings: don't worry, be happy that the bank isn't chasing short-term gains by making irrational lending decisions.The first quarter was a tough one for JPMorgan. Profit fell 19 percent, revenue fell 8 percent, and the bank set aside 38 percent more money to cover loan losses.But the important thing is that the bank is not lowering its lending standards, Chief Executive Jamie Dimon told reporters."We feel really good about the risks we're taking ... for the future of the company," Dimon said on a conference call.The bank will not be too aggressive in areas where it says it believes other lenders have taken leave of their senses, such as business lending, Chief Financial Officer Marianne Lake told analysts on a separate call."We'll do every rational and sensible deal we can do but we aren't going to chase growth at the expense of discipline," Lake said.Some investors say they app...
Robert DiMella, co-head of Municipal Managers at MacKay Shields, explains who wins and who loses when Puerto Rico attempts to sell up to $3.5 billion in new debt.
OppenheimerFunds ’ Jerry Webman on what’s going on with the markets.
Mackay Municipal Manager co-head Robert DiMella on what to expect from Puerto Rico’s bond sale.
OppenheimerFunds CIO of equities George Evans gives tips for investing in today’s market.
Claman on Call: FBN’s Liz Claman with an after-hours web-exclusive on the markets, commodities and crisis in Ukraine.
Stratfor vice president of global analysis Reva Bhalla and Oppenheimer Funds macro strategist Alessio De Longis discuss Ukraine and the markets.
OppenheimerFunds chief economist Jerry Webman on data softness and the markets
This month, General Electric (NYSE:GE) launched its "Childlike Imagination" campaign to give people a unique opportunity to engage with the brand.The commercial feat...
Puerto Rico's proposal to raise $3 billion next month through a bond sale to keep the debt-addled Caribbean island afloat has led to questions over who will be first...
Bankers are working on debt financing packages of around 5 billion pounds ($8.35 billion) to back a potential sale of British supermarket chain Wm Morrison Supermark...
Are we all doomed by climate change? Stossel and guests debate the issue
Private-equity firm Fortress Investment Group shot up 6% Thursday, after announcing it had bought back Nomura's 12% ownership stake. Fortress said it paid $363 milli...
FBN’s Nicole Petallides with the latest on the market.
FBN’s Maria Bartiromo breaks down what you need to know in business news this week.
OppenheimerFunds chief economist Jerry Webman on S&P downgrading Brazil’s credit rating from BBB to BBB-.
OppenheimerFunds chief economist Jerry Webman on whether we’ll see an improvement in capital expenditures.
S&P Dow Jones Indices managing director David Blitzer and OppenheimerFunds chief economist Jerry Webman break down the latest Case-Shiller report.
OppenheimerFunds chief economist Jerry Webman weighs in on the IPO market and capital expenditures.
Cate Long, one of the most respected voices writing about the pension crisis, warns some public-sector employees will be lucky to receive pension payments of 70 cents on the dollar.