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Jpmorgan

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commodities8 days ago

JPMorgan trims gold outlook on cooler demand, eyes second-half rebound

JPMorgan cut its 2026 gold price forecast to $5,243/oz from $5,708 due to softer near-term demand, but keeps a bullish longer-term view with a year-end target around $6,000/oz; the pullback is seen as a pause, with demand expected to reaccelerate in H2 as inflation tail risks ease after potential Iran-related D/E developments and a possible Strait of Hormuz reopening. The bank also trimmed its 2026 central-bank purchases to 640 tonnes and ETF inflows to about 400 tonnes, while warning that a strong U.S. jobs market and higher inflation could prompt Fed rate hikes and ETF outflows. Gold remains range-bound near $4,340–$4,730, with catalysts including geopolitical developments and policy signals shaping the path to a recovery.

via Investing.com|
#commodities#demand#etf-inflows
Ex-JPMorgan executive escalates to trial with $22M harassment claim
business14 days ago

Ex-JPMorgan executive escalates to trial with $22M harassment claim

Chirayu Rana, a former JPMorgan SVP who accuses colleague Laura Hadjini of sexual assault and race-based harassment, is reportedly seeking about $22 million from JPMorgan after an earlier $1 million settlement offer; a May 2026 preliminary hearing signals the case heading to trial as both sides prepare, with Rana’s attorney claiming forthcoming evidence will shift the narrative while Hadjini denies the allegations and JPMorgan says its investigation found no basis for them.

via eFinancialCareers|
#business#harassment-allegations#jpmorgan
JPMorgan-Led Lenders Pull Back on FS KKR Capital Amid Rescue Plan
business15 days ago

JPMorgan-Led Lenders Pull Back on FS KKR Capital Amid Rescue Plan

A JPMorgan-led syndicate cut FS KKR Capital’s revolver by about $648 million (roughly 14%) and raised borrowing costs, prompting FS KKR and KKR to commit a $300 million support package—$150 million in new equity and $150 million to buy back shares—after the fund posted roughly $560 million in Q1 losses and nonaccrual loans rose to 8.1%. Moody’s had downgraded the fund to junk in March. Management signaled a tighter, de‑levered strategy with less new lending, while pursuing a $300 million share repurchase and fee waivers as part of the stabilization plan.

via CNBC|
#business#credit-facility#fs-kkr-capital
JPMorgan's $1 Million Settlement Offer Fails to Satisfy Rana's $12 Million Demand
business19 days ago

JPMorgan's $1 Million Settlement Offer Fails to Satisfy Rana's $12 Million Demand

JPMorgan reportedly offered Chirayu Rana $1 million to settle allegations against the bank and an executive, but Rana demanded about $11.75–$12 million and rejected the offer, leading him to file a New York state lawsuit under the name John Doe; JPMorgan denies the allegations and says its investigation found no merit, illustrating the high-stakes dynamics of settlements in misconduct cases.

via eFinancialCareers|
#business#chirayu-rana#jpmorgan
Viral JPMorgan Allegation Against Executive Falls Apart Under Scrutiny
business25 days ago

Viral JPMorgan Allegation Against Executive Falls Apart Under Scrutiny

A high‑profile claim that JPMorgan executive Lorna Hajdini drugged and coerced a coworker into sex went viral, but subsequent scrutiny revealed key parts of the allegations were unsubstantiated: the plaintiff’s claim Hajdini controlled his pay and career was contradicted by the bank’s review, the lawsuit was briefly withdrawn for corrections, and Hajdini denies all allegations as the case remains unresolved while Rana has since moved on to private equity; the online fallout on Hajdini’s reputation persists despite the mixed reporting.

via Yahoo|
#business#chirayu-rana#jpmorgan
JPMorgan’s AI-Usage Dashboards Spotlight Engineers’ Tool Adoption
technology1 month ago

JPMorgan’s AI-Usage Dashboards Spotlight Engineers’ Tool Adoption

JPMorgan is rolling out internal dashboards to track how engineers use AI tools like GitHub Copilot and Claude, with a quarterly scoring system that ranks users and informs managers about AI adoption. The bank says the data isn’t used in performance reviews, but employees describe growing pressure to demonstrate frequent AI use, amid dashboards showing tens of thousands of users and a tiered “non/light/heavy” usage classification. Some workers welcome the tools for productivity gains, while others worry about being labeled underperformers or overworked as AI adoption accelerates.

via Business Insider|
#ai-usage#github-copilot#internal-dashboards
JPMorgan urges dip-buying in 2026 as macro setup shifts
markets1 month ago

JPMorgan urges dip-buying in 2026 as macro setup shifts

JPMorgan strategists led by Mislav Matejka say investors with at least a three-month horizon should use any stock weakness to buy, arguing 2026 presents a very different setup from 2022 as inflation pressures ease and pricing power softens. The note favors long-duration assets sensitive to rate moves and anticipates a reversion toward international stocks (VXUS/EEM) as tensions ease. EPS forecasts for the S&P 500 remain positive, eurozone earnings growth looks solid, and EM valuations remain deeply discounted to developed markets (EM ~34% cheaper; Europe trading around 14x 2026 earnings versus the S&P 500 ~19.5x). A fading dollar-safe-haven bid could further bolster non-US equities in the second half.

via MarketWatch|
#equity-markets#global-stocks#investing