Perpetua Resources (PPTA) receives major $255M equity investment from Agnico Eagle and JPMorgan to develop the Stibnite Gold Project in Idaho, producing critical antimony and gold.
Huntington Bancshares acquires Cadence Bank for $7.4 billion, expanding into Texas with 400 branches across 21 states amid regional banking consolidation wave.
Shares of Zions Bancorp and Western Alliance tumbled after disclosing loan fraud tied to distressed commercial mortgages. This adds to wider concerns about asset quality, following bankruptcies like Tricolor and First Brands, and raises questions about regional lenders' risk exposure.
JPMorgan profit soared due to Wall St. trading and deals. The CEO says the economy is resilient but warns about inflation and global risks.
Major banks are competing for lead roles in what could be history's largest IPO as Trump administration plans to take Fannie Mae and Freddie Mac public, with Goldman Sachs, JPMorgan, and others vying for position.
