[MARKET UPDATE] US indices see a leg lower, with Financials paring gains, amid reports Barclays (BARC LN), Atlas, Jefferies (JEF), Wells Fargo (WFC), Apollo Global Management (APO), and Santander (SAN MC) also among lenders to collapsed MFS
Newsquawk Staff ·
US indices see a leg lower, with Financials paring gains, amid reports Barclays (BARC LN), Atlas, Jefferies (JEF), Wells Fargo (WFC), Apollo Global Management (APO), and Santander (SAN MC) also among lenders to collapsed MFS.
- JPMorgan Chase (JPM) reportedly faces an additional GBP 100-150mln tax bill following the UK government's decision to double the corporation tax surcharge on banks, potentially jeopardising plans for its new London headquarters, Sky News reports
- US Midterms (6 days out): Florida flips to a Republican early-vote lead and Kansas narrows further; Crystal Ball shifts House and Senate races towards Democrats
- US Broker Moves: ENPH and DYN downgraded at Oppenheimer; FFIV downgraded at Piper Sandler
- JPMorgan’s (JPM) 270 Park Avenue headquarters in Manhattan is estimated to cost approximately USD 6bln, WSJ reports
- Santander (SAN SM) Q3 (EUR) net 3.43bln (exp. 3.41bln), rev. 16.0bln (prev. 15.3bln Y/Y)
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