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But CEO Jamie Dimon is "not going to go away."
European benchmarks were roundly higher at the close Friday following what was a volatile session for London, with British politics delivering yet another upset to pundits and pollsters alike.
European benchmarks surged Monday as commodity prices rebounded, boosting the resources sector, while political risks were also seen to have receded further.
From automakers to financials, strong corporate earnings numbers helped to boost major European benchmarks Wednesday, although stocks in Southern Europe fell on concerns over bank capital
Standard Chartered turnaround gained momentum in the first quarter, with profit before tax at the emerging markets lender rising more than 90% to $1 billion.
A late optimism-induced surge rounded off a solid session for Europe's stock markets.
European stocks were weaker and bonds higher as unease returned to markets.
European stocks retreated Friday as global investors trimmed risk positions amid questions over both the pace of Fed rate hikes and tax and spending plans from President Donald Trump.
Standard Chartered stock fell Friday after it reported a larger-than-expected underlying loss for the fourth quarter and disappointed investors when it failed to reinstate its dividend for the full-year.
Kraft Heinz's offer for Unilever boosted the FTSE 100 in London, but markets were in the red elsewhere.
A hawkish tone from Janet Yellen in Washington sent European markets surging on Wednesday.
Germany's DAX led the pack on Wednesday, with the CAC 40 and FTSE 100 in tow.
The emerging market bank has doubled down on shipping.
Department of Justice fines weigh on Deutsche Bank and Volkswagen.
These 13 stocks could see more pain than gain if interest rates are cut Thursday.
The weaker pound is likely to benefit some U.K. companies.
The scandal surrounding Malaysia's sovereign wealth fund 1MDB roped in three major banks not long after the U.S. Justice Dept. filed to seize $1 billion in the fund's U.S. assets.
Bank of England defies market expectations and keeps rate at 0.5%; expects easing in August.
Here are some British stocks to consider. But don't buy now, wait for them to come lower.
ECB president Mario Draghi said that growth in euro area will be muted for the time being.
Investors bid up Statoil and Total following better-than-expected first-quarter results.
BP, Standard Chartered drive up the London bourse.
Standard Chartered swings back into the black but declining revenue suggests its recovery could yet stall.
Shell leads decliners of major energy stocks after disappointment in Doha talks.
European stocks decline on Thursday in the wake of losses in Asia and a mounting chorus of hawkish commentary from Federal Reserve members.
European markets rise Friday, as the implications of the European Central Bank's negative interest rate and quantitative easing announcements continue to sink in.
European and Asian stocks drop on Monday, as the G-20 group of leading economies meeting in Shanghai disappoints with vague agreements to spur growth and avoid competitive devaluations.
European markets follow Asia lower on Wednesday as oil prices dip, with commodities and energy stocks leading declines.