In the power of partnerships to lead change. I would like to thank the center for Global Security analysis and our wonderful partners in the museum of American Finance and the cfa society of new york who are sponsoring todays conversation. The centennial series was designed to shine light on emerging and important trends. One of the things we realized is reflecting on our history provides new insight into the current challenges that have disrupted and changed industries and Business Models. Todays session focuses on the challenges leaders at Jpmorgan Chase and Companies Face and survive as seen in the latest book jpmorgans fall and revival how the wave if consolidarion changed americas premier bank. I am very proud to say jpmorgan is the largest employer of business graduates and i know many of them are on the webinar today. The session will take place in a few parts. David cowan, president and ceo of the museum of American Finance will introduce Nicholas Sergeant and Consuelo Mack and
And moderated by cogswell omak. My name is donna rapaccioli. As you may realize, 2020 marks 100 years of purpose driven his education at fordham. Since our inception we believe in the power of partnerships to inform and to lead change. I very much would like to thank the Gabelli Center for Global Security and analysis and our wonderful partners, the museum of American Finance and the society of new york for sponsoring todays conversation. The centennial series was designed to shine light on emerging and important trends. One of the things we had realize is that reflecting on our history provides new insights into the current challenges that have disrupted and change industries and Business Models. Todays session focuses on the challenges that leaders at that j. P. Morgan chase and company faced, and survived, as is seen in jpmorgans fall and revival how the wave of consolidation changed americas premier bank. Im very proud to say that j. P. Morgan is a largest employer of Gabelli Schoo
Bloomberg surveillance. This is what the markets are focusing on. There is quite a lot of m a news. That is giving a lift to the market. What im looking at is a couple of technology stocks. Couple of other things such as crude oil edging higher, so does gold. Global shares off a back to back decline. To bloomberg first word news in london. Optimism over a coronavirus vaccine. Pfizeref executive of says its likely it will by the end of the year. They say theyre dependent on Regulatory Approval but says the firm has a good chance of knowing the efficacy by the end of october. Secretaryief cabinet won the race to replace shinzo abe. National in the group will use this majority to install him as Prime Minister in a vote on wednesday. The uks justice secretary has warned he may quit over the government plans on brexit. He says it hasnt reached that stage just yet. The controversial rule has this week. Boris johnson is facing a growing rebellion to override part of the divorce agreement alre
Just for us. Its for. Beethoven his truck. Is for. Straight talking 202250th anniversary. Its a 20 Year Old Company thats never brought a Product Market German Biotech Firm cure vaca is now an investor darling as it races to develop a covert 1000. 00 vaccine will talk to its c. E. O. Also on the show wired hard gets the boot from germanys blue chip index its a place that might surprise you. And well look at an unsuccessful business idea from someone who hopes to take advantage of pandemic panic buyers. Into the show im susan busy in berlin the coronavirus pandemic is reshaping the biotech industry investors are piling into small often unproven companies in hopes they can produce a vaccine in the coming months those companies in turn are spending big to expand production for vaccines that are yet fully tested or certified its a gamble on both sides for both investor and company and reflects the urgency for a vaccine as well as the potential to make money. Gem in Pharmaceutical Company c
Present your oral testimony. Secretary mnuchin thank you very much. Mr. Barr. Let me express my condolences for your loss. Of the committee, i am pleased to join you today to discuss how the Treasury Department and the Federal Reserve are working together to provide liquidity to the credit households,iness, as well as state and municipal governments. We remain committed to making sure every american gets back to possible. Ickly as americas economy continues to recover from the challenges posed by the covid19 pandemic. The jobs report for the month of may best we exceeded expectations with a record gain of 2. 5 million jobs after experts had predicted nearly 8 million lost. Ae Unemployment Rate is still high but we are seeing additional signs the conditions will improve significantly in the third and fourth quarters of this year. Is bluechip report forecasting our gdp will grow by 17 annualized in the Third Quarter and by 9 in the fourth quarter. The u. S. Chamber of commerce reported t