JPMorgan asset and wealth head sees China’s economic outlook improving
JPMorgan Chase (JPM.N), is seeing signs of an improving economy in China that will bolster the bank’s business in the country after a sluggish period, its CEO of asset and wealth management Mary Erdoes said. U.S. companies are assessing their prospects in China as its economy recovers unevenly and relations worsen between the two nations. For banks, sluggish capital markets […]
SEC approves disclosure rule for climate-related risks. Here’s what’s next for companies and investors
The U.S. Securities and Exchange Commission on Wednesday voted to adopt new rules that will require most publicly traded companies to disclose climate-related risks in their registration statements and annual reports. In particular, companies will have to share details on climate-related risks that could have a material effect on their business strategy or financial condition, as well as how they affect […]