Strong profit growth for JP Morgan supported by First Republic acquisition
![The bank experienced an increase in earnings from interest payments and benefited from the acquisition of First Republic Bank. Photo: Getty Images](https://krugmaninsights.com/wp-content/uploads/2023/07/e4bb1208-e6c8-4041-a363-5614e53db702.webp)
JPMorgan Chase Bank, the largest U.S. lender, reported impressive second-quarter profits, surpassing expectations.
Strong performance and growth for BlackRock as markets rebound
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BlackRock Inc reported better-than-expected second-quarter profits, showcasing a solid recovery in markets following a challenging start to the year.
Accenture triumphs at I-COM Data Creativity awards, recognized for data-driven success and social good
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The company’s Middle East team notably contributed to the victory. Photo: Getty Images
Carlyle Group plan $4 billion exit from McDonald’s China stakes
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Carlyle Group Inc and Trustar Capital plan to raise $4 billion from sovereign wealth funds to purchase part of their stakes in McDonald’s Corp operations in Hong Kong and mainland China.