Bank not One
Article Abstract:
Bank One's new head, Jamie Dimon, aims to cut costs and is also interested in acquisitions. The bank has a healthy return on equity, but its stock price has fallen, and there is concern about its credit-card operation. There have been declines in profitability, credit quality and assets, and the bank's other lending activities have been affected by a decline in credit quality. Bank One's diversification strategy also raises questions due to the wide range of activities that it seeks to cover.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
A new scandal at Credit Lyonnais
Article Abstract:
The causes and impact of financial scandals affecting Credit Lyonnais are examined in detail.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
Don't bank on Brussels
Article Abstract:
European rules on bank capital should have some flexibility according to the type of bank involved.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Bank One's net rises 11%, led by credit cards. Doubts sting Bank One shares. Bank One plans restructuring, reveals charge
- Abstracts: A sad adieu to Dominique Strauss-Kahn. France's subtle loss. Something odd in France
- Abstracts: The pilloried professor. Ouch. Milberg's mission
- Abstracts: Bring-up-the-rear General. Stand and deliver. Newbury's finest
- Abstracts: Internet economics: a thinkers' guide. Untangling e-conomics. Solving the paradox