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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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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