Latest news with #StressTest
Globe and Mail
01-07-2025
- Business
- Globe and Mail
JPMorganChase Announces 2025 Dodd-Frank Act Stress Test Results
JPMorgan Chase & Co. (NYSE: JPM) ('JPMorganChase' or the 'Firm') announced today that it has released the results of its company-run 2025 Dodd-Frank Act Stress Test for JPMorganChase and JPMorgan Chase Bank, National Association. Information can be found on the Firm's website at under Investor Relations, Events & Presentations. JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America ('U.S.'), with operations worldwide. JPMorganChase had $4.4 trillion in assets and $351 billion in stockholders' equity as of March 31, 2025. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world's most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase & Co. is available at
Business Wire
01-07-2025
- Business
- Business Wire
State Street Corporation Announces Planned 11% Dividend Increase and Preliminary Stress Capital Buffer Requirement
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced its intention to increase its per share common stock dividend by 11% to $0.84 in the third quarter of 2025, subject to consideration and approval by its Board of Directors. State Street continues to be authorized to repurchase common shares under its existing share repurchase program previously approved by its Board of Directors. The Company also announced today that it had completed the Federal Reserve's 2025 Supervisory Stress Test process. State Street's calculated Stress Capital Buffer (SCB) under this year's supervisory stress test was well below the 2.5% minimum, preliminarily resulting in a continued SCB at that floor, which maintains its common equity tier 1 (CET1) ratio requirement at 8% 1. The Federal Reserve will release the firm's final SCB requirement by August 31, 2025, which will become effective on October 1, 2025, and remain in effect through September 30, 2026. The results of the firm's 2025 annual stress test, with its disclosure, are available on the Investor Relations section of its website at 'The results of the Federal Reserve's stress test reaffirm State Street's robust financial strength and our ability to support clients through a range of severely adverse economic conditions,' said Chairman and Chief Executive Officer Ron O'Hanley. 'We are pleased to once again announce a planned increase to our quarterly common dividend, enabled by our strong earnings, resilient balance sheet and continued execution of our strategy,' O'Hanley added. State Street's Board of Directors will consider the common stock dividend at a regularly scheduled board meeting in the third quarter of 2025. State Street's third quarter 2025 common stock and other stock dividends, including the declaration, timing and amount, remain subject to consideration and approval by State Street's Board of Directors at the relevant times. Stock purchases under State Street's common share repurchase program may be made using various types of transactions, including open-market purchases, accelerated share repurchases or other transactions off the market, and may be made under Rule 10b5-1 trading programs. The timing and amount of any stock purchases and the type of transaction may not be ratable over the duration of the program, may vary from reporting period to reporting period and will depend on several factors, including State Street's capital position and financial performance, investment opportunities, market conditions, the nature and timing of implementation of revisions to the Basel III framework and the amount of common stock issued as part of employee compensation programs. The common share repurchase program does not have specific price targets and may be suspended at any time. About State Street Corporation State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $46.7 trillion in assets under custody and/or administration and $4.7 trillion* in assets under management as of March 31, 2025, State Street operates globally in more than 100 geographic markets and employs approximately 53,000 worldwide. For more information, visit State Street's website at *Assets under management as of March 31, 2025, includes approximately $106 billion of assets with respect to SPDR® products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State Street Investment Management are affiliated. Forward Looking Statements This News Release contains forward-looking statements within the meaning of United States securities laws, including statements about our intentions, plans and expectations regarding our quarterly common stock dividends, our share repurchase program and results of regulatory evaluations of our capital. Forward looking statements are often, but not always, identified by such forward-looking terminology as 'plan,' 'intend,' 'will,' 'project,' 'priority,' 'expect,' 'aim,' 'outcome,' 'future,' 'strategy,' 'pipeline,' 'trajectory,' 'target,' 'guidance,' 'outlook,' 'objective,' 'forecast,' 'believe,' 'anticipate,' 'estimate,' 'seek,' 'may,' 'trend,' and 'goal,' or similar statements or variations of such terms. These statements are not guarantees of future performance, are inherently uncertain, are based on current assumptions that are difficult to predict and involve a number of risks and uncertainties. Therefore, actual outcomes and results may differ materially from what is expressed in those statements. This News Release references important factors that may affect future results and outcomes. In addition to those factors, other important factors that could cause actual results to differ materially from those indicated by any forward-looking statements are set forth in our 2024 Annual Report on Form 10-K and our subsequent SEC filings. We encourage investors to read these filings, particularly the sections on risk factors, for additional information with respect to any forward-looking statements and prior to making any investment decision. The forward-looking statements contained in this News Release should not by relied on as representing our expectations or beliefs as of any time subsequent to the time this News Release is first issued, and we do not undertake efforts to revise those forward-looking statements to reflect events after that time.
Mint
21-04-2025
- Health
- Mint
Being fit is not an excuse to skip a health checkup. Here's why
Nine years ago, when I met him in his office for a column in this very publication, Darshan Mehta, then 55 and managing director of Reliance Brands, effortlessly jumped on to his desk and posed cross-legged for a picture. India Inc was well aware of his love of running and would regularly cite his example whenever they had to name someone who had built a successful career but also always made time for exercise, health and wellbeing. Very recently, the sexagenarian suffered a fatal heart attack while running on the treadmill. Jog the memory back four years and the dramatic heart attack that Danish footballer Christian Eriksen suffered on-field while playing a UEFA Euro Cup game comes to mind. Just 29 at the time, Eriksen was revived by doctors on the field, and was then moved to a hospital, as billions watched the whole thing unfold live on television. Eriksen, among one of the fittest men in the world, and Mehta aren't the first healthy people to suffer heart attacks. It's just that thanks to social media, the internet and instant messaging, the word spreads faster today. While those who don't want to exercise may use this as a valid warning to avoid anything 'strenuous", thereby, putting themselves at a greater risk of developing health problems, fit and active people need to pay heed to these incidents and make health screenings a regular part of their lives. Even people who appear extremely fit and active may have underlying health issues that are silent in the early stages, explains Dr Sandeep Doshi, consultant for internal medicine and executive health checkup, Kokilaben Dhirubhai Ambani Hospital, Mumbai. 'Conditions like high blood pressure, diabetes, kidney diseases, liver issues, or even certain cancers may show no symptoms initially but can still progress quietly," says Doshi. In medical terms, a 'fit" person is someone who meets a set of baseline physical and clinical health indicators such as Body Mass Index (BMI) between 20-24, has normal results on electrocardiogram (ECG) and Stress Test (an indicator of heart function), shows normal range on basic laboratory tests, including parameters like blood sugar, cholesterol, kidney and liver function. Additionally, they should be able to walk at least 5km in an hour, which is the minimum threshold of cardiovascular and musculoskeletal fitness, say doctors and fitness experts. 'However, being fit does not always equate to being free of underlying health risks, which is why a deeper understanding of individual health status is important," warns Dr Narander Singla, lead consultant for internal medicine at the CK Birla Hospital, New Delhi. Regular medical check-ups help detect underlying and dormant health issues when they are still treatable or manageable. 'Specifically, these check-ups should include blood pressure monitoring, blood sugar testing (fasting and post-meal), kidney function tests (serum creatinine, urea), liver function tests, cholesterol and lipid profile, ECG and/or Stress Test (Treadmill Test), ultrasound abdomen (to detect organ changes), screening for breast and cervical cancer for women, and screening for colon cancer as per age guidelines for both men and women. These tests form the foundation of preventive health and are key to identifying silent conditions early," says Doshi. While Doshi says routine health check-ups should start at 40 years of age, Singla recommends starting earlier, between 20 and 30 years, and continuing for the rest of your life. Dr Udgeath Dhir, director and head of cardiothoracic and vascular surgery, Fortis Memorial Research Institute, Gurugram, suggests people should start even earlier. 'Hypertension and diabetes are silent killers. These illnesses start at a young age, so school and college students should also get their blood pressure checked regularly," says Dhir. However, all three unanimously agree that if someone has a family history of disease or heart condition these check-ups need to begin at a much earlier age. 'Individuals with a family history of chronic conditions such as diabetes, hypertension, heart disease, stroke, or cancer should be more vigilant. For them, starting check-ups earlier and more frequently (every three or six months) may be necessary to detect early warning signs and manage risks proactively," advises Singla. Doshi adds that people who smoke and who work in high-stress professions should also start check-ups earlier and more frequently. 'The frequency of the check-ups depends on the risk profile and previous findings, but annual evaluations are a common and effective benchmark for middle-aged and high-risk individuals," suggests Doshi. As an elite footballer playing for a top tier European football club, Eriksen underwent extensive 'medicals" and testing regularly. Mehta had access to the best healthcare and testing facilities in India. While regular medical check-ups are comprehensive and can help detect most illnesses and risk factors early, some health issues, especially certain cardiovascular conditions, may not be evident even in routine tests. This is why we sometimes see professional athletes (like Eriksen) and fit individuals, who undergo extensive evaluations and have access to top-tier healthcare, still suffer sudden and severe health events like heart attacks, explains Singla. 'Contributing factors could include genetic predisposition, undiagnosed structural heart anomalies, stress, or even random and unpredictable biological events. This underscores the fact that health screenings reduce risk but cannot eliminate it entirely," adds Singla. Doshi flags another dilemma that doctors face: there is always a clinical challenge in determining how far to investigate someone with no symptoms or complaints. 'A coronary angiography is an excellent test to detect blockages in the heart arteries. But would you conduct this invasive test on a person who feels completely fine and has no symptoms? While testing is powerful, routine use of high-end diagnostic tools in healthy individuals is not always justified, unless specific risk factors are present. Moreover, some events cannot be predicted, even with the best tests and technology," argues Doshi. For those who want to use untimely deaths of a few as a reason to not exercise, there is no greater disservice you can do to yourselves. Exercise is the cornerstone of long-term health and disease prevention. Without regular physical activity all major body systems deteriorate over time, muscles weaken, blood vessels stiffen, metabolism slows, and immune responses decline, says Doshi. Exercise prepares the body for emergencies be it fighting infections, managing stress, or recovering from illness. It helps maintain proper levels of electrolytes, hormones, prostaglandins, interferons, and other important biochemical compounds that keep the body running smoothly. It also preserves the tone and strength of skeletal and cardiac muscles, and ensures healthy blood circulation through the effective functioning of venous valves. Simply put, an active lifestyle reduces the risk of chronic diseases, improves quality of life, and increases longevity. At the same time, those who are already active and can finish a gruelling marathon with a smile, should avoid assuming invincibility and undergo medical check-ups as advised by their doctors. 'No matter how active one may be, it's important to be realistic about your body's changing capabilities with age. Just because someone could complete a marathon at 35, it doesn't mean they can or should attempt the same at 55 without proper reassessment and conditioning," notes Doshi. Shrenik Avlani is a writer and editor and the co-author of The Shivfit Way, a book on functional fitness.
Globe and Mail
30-01-2025
- Business
- Globe and Mail
carrick on money We need to have a word with people who start investing or buy a home in their 40s
All credit to the 20- and 30-somethings who have started investing and either own a home now or will soon. Achieving financial goals at a young age tells people you have drive, a keen understanding of money and, sometimes, well-off parents. Just as impressive, and maybe more, are the people who start investing and buy homes in their 40s. Whatever the reason for their delayed start, they are an inspiring example of how to roll with life's challenges and end up doing just fine, financially speaking. In an upcoming episode of our Stress Test personal finance podcast for millennials and Gen Z, we want to talk with people who bought their first home or started investing in their early 40s. If this sounds like you, e-mail producer Zara Khozema at zahrakhozema95@ Our goal in this episode is to send a positive message to people who for whatever reason feel like financial security is beyond their reach because they didn't land a great job at 23 and buy a house at 30. A late start can be a great start. We'll show you the way. Do you have a question for me? Send it my way. Sorry I can't answer every one personally. Questions and answers are edited for length and clarity. A cheat sheet listing of tax breaks for seniors.
