Cryptocurrency exchange Gemini said the company still maintains its relationship with Wall Street bank JPMorgan Chase. Gemini’s rebuttal comes after reports stated that the American financial institut...
Tag: JPMorgans
JPMorgan’s Kolanovic Says Stocks Are Overvalued on Rate Gap
(Bloomberg) — Equities are overvalued and at risk of further losses as a divergence with bonds is yet to close, say JPMorgan Chase & Co. strategists. Most Read from Bloomberg The modest decl...
JPMorgan’s DeFi platform to open crypto innovation lab in Greece
Despite JPMorgan Chase (NYSE: JPM) CEO Jamie Dimon repeatedly slamming Bitcoin (BTC) as “a hyped-up fraud” and “pet rock,” as well as comparing the largest cryptocurrency to a Ponzi scheme, the Americ...
JPMorgan’s top strategist warns markets could be heading for another ‘Volmageddon’
Something is very wrong with the stock market, according to a top strategist at JPMorgan. Equities have stormed back from their 2022 lows as fears of an economic hard landing give way to hope there ma...
JPMorgan’s Kolanovic Urges Investors to Ditch Stocks for Bonds
(Bloomberg) — JPMorgan Chase & Co. strategist Marko Kolanovic said he is “turning more defensive,” recommending that investors fade this year’s stock rally because “a recession is currently ...
JPMorgan’s Kolanovic Calls Latest Stock Rally a Bear-Market Trap
(Bloomberg) — JPMorgan Chase & Co. strategist Marko Kolanovic reiterated Monday that investors should fade last week’s Federal Reserve-induced stock-market rally, arguing that the US economy...
JPMorgan’s Kolanovic sees correction, hard landing
JPMorgan’s Marko Kolanovic is abstaining from the early 2023 rally. Instead, the Institutional Investor hall-of-famer is bracing for a 10% or more correction in the first half of this year, tell...
Google CEO Sundar Pichai says he will take less pay this year as he joins JPMorgan’s Jamie Dimon and Apple’s Tim Cook in taking a compensation hit
Tech companies were at their heyday not too long ago. Anywhere you looked, it was jobs galore and the stocks of tech companies were performing great too. That was until a major stock market plunge and...
JPMorgan’s Kolanovic Cuts Equity Allocation Again on Growth Risk
(Bloomberg) — JPMorgan Chase & Co. strategist Marko Kolanovic reiterated Tuesday that he sees downside risk for the stock market in the first quarter, with the bank reducing its recommended ...
Don’t Get Blindsided By Cooling Prices, JPMorgan’s Michele Says
(Bloomberg) — When Bob Michele shares his investment views, it’s worth paying attention because the bond market veteran has proved to be pretty prescient. Most Read from Bloomberg The chief inve...
Jamie Dimon Calls JPMorgan’s Frank Acquisition a ‘Huge Mistake’
(Bloomberg) — JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon called the firm’s botched acquisition of college financial-planning website Frank “a huge mistake” and vowed to share t...
Crypto Is ‘Effectively Nonexistent’ for Big Institutions, JPMorgan’s Gross Says
(Bloomberg) — Money managers who have avoided the many ups and downs of cryptocurrencies may be feeling relieved for having done so, according to a senior investment strategist at JPMorgan Asset...
JPMorgan’s US crypto research suggests herd-like behavior
JPMorgan Chase & Co has released new findings showing US household crypto usage dynamics. Findings from the research indicate a herd-like mentality by digital asset investors, of which a majority ...
JPMorgan’s Kolanovic Says Sell Energy Stocks With Oil Gap Wide
(Bloomberg) — One of the most bullish Wall Street voices on oil and gas stocks, JPMorgan Chase & Co. strategist Marko Kolanovic, is telling investors to sell energy as share prices and oil p...
Why this cruise stock remains JPMorgan’s favorite as leisure travel keeps roaring
The outlook for cruise stocks is still “more positive than not,” according to JPMorgan analyst Daniel Adam, but given macroeconomic and financial concerns in the sector, not all names are worth buying...
DBS Becomes First Bank in Asia to Use JPMorgan’s Onyx Platform
The advent of the Onyx platform is one of the ways in which JPMorgan believes could help return back efficiencies in some aspects of the daily financing needs of its peers. DBS Group Holdings Ltd (SGX...
Singapore Bank DBS Completes Fixed Income Trade on JPMorgan’s Blockchain Network Onyx
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Higher Rates Mean “Bonds Are Back,” JPMorgan’s Michele Says
(Bloomberg) — Investors are finding value in bonds for the first time in a decade as higher interest rates make fixed-income attractive, according to JPMorgan Chase & Co.’s Bob Michele. Most...
JPMorgan’s new crypto policy head was at bankrupt Ponzi Celsius
JPMorgan has hired Aaron Iovine, most recently head of policy and regulatory affairs of bankrupt crypto lender — and likely Ponzi scheme — Celsius Networks, as its new executive director of digital as...
Bitcoin’s market cap beats JPMorgan’s, Bank of America’s despite market crash
Bitcoin (BTC) has experienced increased selling pressure in 2022, a factor that has also taken a toll on the asset’s value. Despite the extended capital outflow from Bitcoin, the asset’s market capita...
JPMorgan’s CEO refers Bitcoin as “Dirty” and “Expensive”
The chief executive officer of JPMorgan, Jamie Dimon, has criticized Bitcoin. The executive has referred Bitcoin as “dirty” and “expensive” at the Institute of International Finance meeting in Washing...
JPMorgan’s Dimon Backs Musk’s Twitter Bid—And Calls For Removal Of Bots
Topline JPMorgan Chase CEO Jamie Dimon offered his support for the world’s wealthiest man Elon Musk’s Twitter takeover in an interview published Tuesday, a surprise vote of confidence given the histor...
JPMorgan’s Michele Warns Mighty Dollar May Trigger Next Crisis
(Bloomberg) — Bob Michele, the outspoken chief investment officer of J.P. Morgan Asset Management, has a warning: the relentless dollar could forge a path to the next market upheaval. Most Read ...
U.S. should pump more oil to avert war-level energy crisis: JPMorgan’s Jamie Dimon
Dimon said in June that he was preparing the bank for an economic “hurricane” caused by the Federal Reserve and Russia’s war in Ukraine. Al Drago | Bloomberg | Getty Images JPMorgan ...
JPMorgan’s CEO feels threatened by disruption in payment systems: Kevin O’Leary
JPMorgan Chase’s CEO Jamie Dimon feels threatened by how the crypto space is disrupting the payment systems, stated Shark Tank host and multi-millionaire venture capitalist Kevin O’Leary speakin...
JPMorgan’s CEO says crypto is just some new Ponzi scheme
Join Our Telegram channel to stay up to date on breaking news coverage JPMorgan Chase Leader Jamie Dimon alluded to himself as a significant skeptic of virtual currency tokens that users call currency...
Fearing a hawkish Fed? Here’s what’s likely limiting more downside in the stock market, according to JPMorgan’s Marko Kolanovic.
The stock market has been under pressure since the inflation report for August came in surprisingly strong last week, but JPMorgan Chase & Co.’s chief market strategist, Marko Kolanovic, doesn’t s...
Morgan Stanley’s Wilson and JPMorgan’s Michele Warn About QT
(Bloomberg) — Echoing nearly everyone on Wall Street, JPMorgan Asset Management’s Bob Michele and Morgan Stanley’s Michael Wilson are on guard for the potential ripple effects of the Federal Res...
JPMorgan’s Kolanovic Says Time to Trim Stocks, Buy Commodities
(Bloomberg) — Investors should modestly trim stock holdings and shift the money to commodities after equities outpaced other assets amid receding recession fears, according to JPMorgan Chase &am...
From Profits to Pay, JPMorgan’s Gold Secrets Spill Out in Court
(Bloomberg) — The trial of JPMorgan Chase & Co.’s former head of precious metals has offered unprecedented insights into the trading desk that dominates the global gold market. Most Read fro...