Saudi crisis shows Wall Street struggle between ethics, cash [MSN Money]
JP Morgan Chase & Co. (JPM)
Last jp morgan chase & co. earnings: 4/14 06:43 am
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Source: MSN Money
As chief executive of the world’s biggest asset manager, Larry Fink began the year with a call to the thousands of companies that the firm holds stakes in: Show how they make a positive contribution to society. Load Error Now Fink’s BlackRock, overseeing more than $6 trillion of other people’s money, is facing a comparable challenge, stuck between conscience and the implacable demands of the bottom line. While BlackRock and the rest of the financial industry have targeted Saudi Arabia as a massive revenue generator, they’ve also been compelled to act in the wake of reports that U.S.-based dissident journalist Jamal Khashoggi was allegedly killed inside the Saudi consulate in Istanbul. “The world for businesses is not black and white,” Fink said in an interview Tuesday. If history is any guide, human rights have never been too persuasive in Wall Street’s calculus. Libya provides a recent example. Once western governments lifted sanctions on Moammar Qaddafi, bankers
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JPM
Earnings
- 4/12/24 - Beat
JPM
Sec Filings
- 4/25/24 - Form 424B2
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form 424B2
- JPM's page on the SEC website