JPMorgan Chase reports $380m loss on legal expenses
Arab Today
US banking giant JPMorgan Chase Friday reported a rare quarterly loss due to high legal costs, even as its underlying business produced results that bested expectations. The bank, the nation\'s largest by assets, reported a net loss of $380 million on revenues of $23.12 billion, due in large part to a $9.15 billion charge for legal expenses following a series of high-profile regulatory problems. However, when the special items were stripped away, the bank earned $1.42 per share, 21 cents above expectations.
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With Job Cuts, China Deal
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Paris - Emiratesvoice
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Taipei - Emiratesvoice
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Paris - Emiratesvoice
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to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
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All rights reserved to Arab Today Media Group 2021 ©
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