Amongst a market wide pullback, Alibaba (BABA) stock’s fall from grace over the past year has been one of the more eye-catching developments. The ecommerce giant just can’t seem to catch a break. Covi...
Tag: jpmorgan
JPMorgan rolls back Covid precautions as U.S. cases drop
Jamie Dimon, Chairman and CEO of JPMorgan Chase, attends a meeting hosted by US President Joe Biden with business leaders about a Covid-19 relief bill in the Oval Office of the White House in Washingt...
US Banking Giants Goldman Sachs and JPMorgan Wind Down Business in Russia – Finance Bitcoin News
Global investment banks Goldman Sachs and JPMorgan Chase are winding down business in the Russian Federation. The move comes as western sanctions against Moscow over its decision to launch a military ...
JPMorgan downgraded this oil giant despite the Ukraine war
Shares of Chevron Corporation (NYSE: CVX) are up roughly 40% year-to-date but JPMorgan says it’s as far as it goes for some time. JPMorgan says Chevron stock is fairly valued On Friday, JPMorgan analy...
A bet so good that JPMorgan called the Feds
One thing to start: Amazon has announced a 20-for-1 stock split and a share buyback of up to $10bn, in an effort to boost its stock price in the face of heavy operating costs and concerns over staff r...
JPMorgan and Goldman Sachs Decide to Wind Down Russia Businesses
JPMorgan and Goldman Sachs are two of the American investment banks that have decided to wind down their Russian operations amid the invasion of Ukraine by Russia. Announced on Thursday, these two hav...
JPMorgan says labor shortage requires unconventional hiring
JPMorgan Chase says that companies can deal with global labor shortages in part by tapping the neurodiverse and people with criminal backgrounds. The New York-based bank has hired thousands of people ...
JPMorgan is winding down its Russia operations amid widening business exodus over Ukraine war
JP Morgan CEO Jamie Dimon listens as he is introduced at the Boston College Chief Executives Club luncheon in Boston, Massachusetts, U.S., November 23, 2021. Brian Snyder | Reuters JPMorgan Chase, the...
JPMorgan to Follow Client Demand When It Comes to Crypto
Alex Dovbnya JPMorgan, the largest bank in the U.S., wants to move with clients on cryptocurrencies, according to executive Troy Rohrbaugh Troy Rohrbaugh, head of Global Markets at JPMorgan Chase, cla...
Russia to Be Excluded from JPMorgan Fixed-Income Indexes
JPMorgan, the US-based investment bank, said on Monday that Russia would be excluded from all its fixed-income indexes on March 31. According to a statement quoted by Reuters, the maneuver was decided...
Charles Hoskinson: JPMorgan has no stake or control of Cardano
Fundamental intellectual property and subsidiaries were unlawfully moved from CAG into a new corporation, ConsenSys Software Incorporated, according to a special audit filed by 35 ConsenSys AG shareho...
Cardano’s Charles Hoskinson Criticizes ConsenSys, Claims JPMorgan Has No Stakes In Cardano
Cardano founder Charles Hoskinson has taken to Twitter to issue a public response on the matter of ConsenSys’ disclosure of a 2020 deal which saw JPMorgan Chase acquire what has been called an &...
JPMorgan Boosts Its Electronic Trading Venue as Clients Look to Sell Bonds
(Bloomberg) — JPMorgan Chase & Co. is upgrading its electronic trading platform to make it easier for the firm to sell corporate bonds to clients, as market weakness leaves dealers across Wa...
JPMorgan Lays Out the Bull and Bear Case
Reflecting the market’s 2022 woes, Apple (AAPL) shares sit 8% into the red year-to-date, despite reporting what JPMorgan’s Samik Chatterjee calls a “robust” F1Q earnings report. With the continued mac...
JPMorgan: Russia’s economy faces 1998-like collapse
JPMorgan said in a note Friday that Russia’s invasion of Ukraine is already having far-reaching repercussions to the country’s economy. Economists are forecasting a slowdown in the gross domestic prod...
JPMorgan Warns Russia Faces 1998-Like Collapse in Economy
(Bloomberg) — Russia is on course for an economic collapse that will rival or even eclipse the size of the 1998 slump which followed its debt default, although the financial fallout may be less ...
Banking Giant JPMorgan Makes New Investment in Crypto Analytics Firm
The largest bank by assets in the United States is investing in a blockchain intelligence firm as the adoption of crypto assets continues to deepen. Cryptocurrency analytics firm TRM Labs says in a st...
JPMorgan Doubles Down on Crypto by Investing in Blockchain Firm TRM Labs
Wall Street multinational giant JPMorgan Chase became one of the financial backers of TRM Labs. The latter provides blockchain intelligence services to monetary institutions and crypto-focused busines...
Blockchain Intelligence Company TRM Labs Receives Investment from JPMorgan
Financial services firm, JPMorgan became the latest firm to invest in TRM Labs, a prominent blockchain intelligence solutions provider. The company mentioned that the strategic investment from JPMorga...
JPMorgan project will push bank further into market serving private firms
JP Morgan CEO Jamie Dimon gives a speech during the inauguration of the new French headquarters of US’ JP Morgan bank on June 29, 2021 in Paris. Michel Euler| AFP | Getty Images JPMorgan Chase i...
JPMorgan: Investors Risk “Getting Whipsawed” If They Sell Stocks Now
JPMorgan is cautioning that even though the current geopolitical climate might provide the background for sell-off pressure in the markets as seen over the past few days, this might not be the time to...
JPMorgan crypto exec Christine Moy is leaving the firm
advertisement Christine Moy, a veteran of JPMorgan’s blockchain and crypto operations, is leaving the firm. Moy, who wore many hats within the Wall Street megabank, played a role in its 2020 lau...
JPMorgan Now Expects Nine Straight Fed Rate Increases Until March 2023
Text size Wall Street banks are predicting more aggressive rate increases by the Federal Reserve. Stefani Reynolds/AFP/Getty Images Economists at JPMorgan Chase said the Federal Reserve would likely r...
JPMorgan Quants Say Sudden Earnings Gloom Spells Market Trouble
(Bloomberg) — Expectations about corporate earnings growth are quickly diminishing, JPMorgan Chase & Co. quant strategists said, warning that the gloom could spell more trouble for global st...
JPMorgan partners with Toshiba and Ciena to research Quantum key Distribution blockchain
JPMorgan, one of the leading financial institutions on Wall Street, has launched research into the quantum key distribution (QKD) blockchain network. The institution will work with Toshiba and Ciena t...
JPMorgan unveils research on quantum resistant blockchain network
U.S. banking giant JPMorgan Chase has unveiled research on a Quantum Key Distribution (QKD) blockchain network that is resistant to quantum computing attacks. QKD utilizes quantum mechanics and crypto...