本文源自：金融界AI电报 摩根大通CEO戴蒙出售价值2100万美元的摩根大通股票。 ...

Core Viewpoint - The Federal Reserve is proposing regulatory changes aimed at encouraging large banks to re-enter the mortgage origination and servicing business, which may reshape the competitive landscape between banks and non-bank lenders [2][3]. Group 1: Regulatory Changes - The proposed changes by the Federal Reserve focus on mortgage servicing assets (MSRs) and aim to reduce the capital burden on banks, making it more economically appealing for them to maintain servicing portfolios in-house [6][7]. - The Fed plans to eliminate the current deduction requirement for MSRs from core regulatory capital, which has made retaining these assets costly for banks [7]. - Additionally, the Fed is reassessing the 250% risk weight applied to MSRs, intending to create a more proportionate and risk-sensitive capital framework [8]. Group 2: Impact on Banks - If implemented, the regulatory changes could significantly improve returns on equity for banks like Wells Fargo, Bank of America, and JPMorgan in their mortgage businesses [11]. - Mortgage banking is expected to provide stable fee income that is less sensitive to interest rate cycles, enhancing long-term customer relationships and cross-selling opportunities [12]. - A regulatory reset could help banks diversify revenues and regain competitive positions in housing finance [12]. Group 3: Impact on Non-Bank Lenders - Non-bank lenders such as Rocket Companies Inc. and PennyMac Financial Services may face increased competition as banks re-enter the mortgage market [3][13]. - The easing of capital constraints for banks could narrow the structural advantages that non-bank lenders have enjoyed, leading to intensified competition [13][14]. - Greater bank participation in the mortgage market could compress pricing and thin margins for non-bank lenders, resulting in a more balanced and competitive mortgage market overall [14].

据香港交易所披露，摩根大通对联想集团有限公司的多头持仓比例于2026年2月16日从6.7%增至 6.76%。 来源：滚动播报 ...

（文章来源：新华社） 报告显示，美国中型企业月度关税支出从2025年4月开始急剧增加，8月达到4月之前水平的三倍左右， 随后在高位盘整。 人民财讯2月20日电， 摩根大通 研究所19日发布报告说，美国中型企业受到关税严重冲击，自2025年初 以来其月度关税支出已增至原来的三倍。 报告说，总体而言，在美国所有中型企业的国际对外支出中，关税支出占比约为10%；而对其中缴纳关 税的美国中型企业来说，关税支出占其国际对外支出的比例则上升至约15%。 ...

报告结论援引今年最新研究指出，美国企业和消费者承担了96%的关税成本。另有研究同时显示，截至 去年10月，43%的关税成本已转嫁至消费者价格，这意味着大部分成本由企业承担。从长远来看，这种 情况难以持续。 而美国纽约联邦储备银行日前公布的一份研究结果则显示，美国政府2025年加征关税所产生的额外成本 中约有90%由美国消费者和企业承担。美国政府此前多次宣称，"关税由外国出口商承担"，给美国带来 巨额收入。 （文章来源：新华社） 摩根大通研究所19日发布报告说，美国中型企业受到关税严重冲击，自2025年初以来其月度关税支出已 增至原来的三倍。 报告显示，美国中型企业月度关税支出从2025年4月开始急剧增加，8月达到4月之前水平的三倍左右， 随后在高位盘整。 报告说，总体而言，在美国所有中型企业的国际对外支出中，关税支出占比约为10%；而对其中缴纳关 税的美国中型企业来说，关税支出占其国际对外支出的比例则上升至约15%。 ...

新华财经纽约2月19日电（记者刘亚南）摩根大通集团研究所19日发布的研究报告显示，美国中型企业 受关税冲击严重，自2025年初以来月度关税支出已增至原来的三倍。 该报告公布的信息显示，美国中型企业月度关税支出从2025年4月开始快速增加，直至8月达到4月之前 的三倍左右水平，随后在高位盘整。 （文章来源：新华财经） 通过跟踪企业国内和国际支付数据，该报告发现，2025年总国际支付数据的相对稳定掩盖了关税对中型 企业的冲击。中型企业关税相关成本支出大幅增加，国际支付也经历显著的重新定向。 报告认为，中型企业的重新配置可能逐渐进行而非选择立即从全球活动中撤出。贸易量本身可能低估了 关税对那些规模不足以吸收持续成本增加企业的短期影响。关税的更长期影响可能依赖于成本上涨和政 策不确定性是否会促使企业决策发生更多永久性改变，贸易政策改变更广泛影响的显现可能有显著的滞 后。 报告显示，美国企业关税支出大约相当于其国际对外支出金额的10%左右，而中型企业关税支出占这部 分企业国际对外支出金额的比例约为15%。 ...

Tariffs weren’t enough to end America’s import addiction. Last year, in spite of (or because of) the White House’s aggressive tariff campaign, the US trade deficit of goods reached a record high, according to data Thursday from the US Commerce Department. In other words, tariffs haven’t really altered the behavior of US consumers and companies. But according to a JPMorgan report published Thursday, the tariffs are definitely making life tougher for mid-sized companies. SUBSCRIBE:  Receive more of our fre ...

声明说，摩根大通向欧洲央行提交了错误的财务数据，导致欧洲央行无法全面了解其风险状况。 新华财经法兰克福2月20日电（记者尹亮单玮怡）欧洲央行19日宣布，对摩根大通欧洲子公司处以1218 万欧元行政罚款，原因是该银行违反有关报告规则，在资本要求方面提供错误信息。 据外媒报道，这是欧洲央行迄今为止开出的最高额度罚单。 欧洲央行当天在一份声明中说，2019年至2024年，摩根大通报告的风险加权资产低于其实际水平。这是 因为其连续15个季度对企业风险敞口进行了错误分类，并采用低于银行业规则规定的信用风险权重。此 外，摩根大通还连续21个季度在计算风险加权资产时，不当排除了某些交易。 摩根大通是美国最大的银行之一。针对欧洲央行罚款一事，摩根大通一名发言人当天对媒体表示，公司 已进行整改，将在资本充足方面保持"稳健审慎"态度。 （文章来源：新华社） ...

JPMorgan lashed out at President Donald Trump on Thursday, accusing him of “fraudulently” naming CEO Jamie Dimon as a defendant in a $5 billion lawsuit over the closure of the commander-in-chief’s accounts and arguing the move was designed to keep the case in Florida.In a court filing Thursday in Miami, the bank asked a judge to move the case to federal court there and said it would later seek to transfer it to New York. JPMorgan described Trump’s claims as “threadbare” and said it plans to seek dismissal. ...

Core Viewpoint - JPMorgan Chase is seeking to dismiss President Trump's lawsuit alleging that the bank "debanked" him in 2021 and aims to move the case from Florida state court to federal court in Miami and then to New York [1][2] Group 1: Lawsuit Details - Trump filed a lawsuit against JPMorgan Chase and CEO Jamie Dimon on January 22, seeking $5 billion, claiming that the bank terminated his accounts for political reasons, resulting in significant financial and reputational harm [3][7] - The lawsuit alleges that JPMorgan Chase unlawfully published the names of Trump and his businesses on a "blacklist" accessible to other federally regulated banks [7][9] - JPMorgan Chase's lawyers argue that the lawsuit lacks details about the alleged blacklist, including its creation and circulation [8] Group 2: Bank's Position - JPMorgan Chase maintains that it does not close accounts for political or religious reasons, but rather due to legal or regulatory risks [10] - The bank believes the lawsuit has no merit and has publicly stated its position on the matter [9][10]