Business
JPMorgan debuts first money market fund tokenised on Ethereum
MONY, open to qualified investors, allows them to earn a yield while holding the token on the blockchain JPMorgan Chase’s asset management…
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JPMorgan
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JPMorgan lets rich European clients borrow against luxury cars
The Wall Street giant’s private bank will give clients the option of borrowing against classic, rare or custom-designed automobiles…
Business
US economy in ‘soft landing’, though inflation won’t go away that quickly: JPMorgan CEO Jamie Dimon
Singapore has a ‘big chance’ to become a bigger financial hub in the coming years, he says in first visit to city-state since 2022 When…
Business
JPMorgan doubles Swiss business by targeting wealthy clients
JPMorgan doubled its Swiss domestic private banking business between 2020 and 2024 and aims to do so again by 2030 as it targets the…
Business
JPMorgan warns DBS could turn ‘unjustifiably expensive’, flags volatility for UOB
As Singapore’s financial sector evolves, DBS could get “unjustifiably expensive”, and UOB may face volatility over the next six months,…
Business
JPMorgan sees DBS at S$70 in a year’s time; with potential S$3.30 dividend for years
As Singapore’s financial sector evolves, DBS could get “unjustifiably expensive”, and UOB may face volatility over the next six months,…
Business
JPMorgan upgrades China’s stocks on multiple positive drivers
These include policy support, easy liquidity, governance reforms and net-positive prospects for AI-heavy stocks [SINGAPORE/ HONG KONG]…
Business
JPMorgan to build HQ in London, its biggest in Europe, Middle East and Africa
JPMorgan said on Thursday (Nov 27) that it would build a three million square feet tower in the Canary Wharf financial district in East…
Business
JPMorgan flips forecast, sees Fed cutting rates in December
The Federal Open Market Committee, led by Chair Jerome Powell, meets in Washington on Dec 9 and Dec 10 Economists at JPMorgan Chase see…
Business
JPMorgan, Citi, Morgan Stanley client data may be exposed by vendor’s hack: report
SitusAMC sys the affected data included corporate information tied to some clients’ dealings with the company Client data for JPMorgan…
Business
Top Dem Reveals How JPMorgan Chase Helped Epstein Hide His Crimes
A report released by Senate Finance Committee Chair Ron Wyden on Thursday called for Congress to further investigate JP Morgan Chase over…
Business
1MDB drops JPMorgan, Coutts from US$1.1b lawsuit
Malaysia state firm 1MDB dropped its court action against JPMorgan and Coutts, The Edge reported. The two banks were part of Malaysia’s…
Business
Hong Kong surpasses South Korea in structured note boom: JPMorgan
A SURGING Hong Kong market has led to a boom in structured products linked to the city’s equities, so much so that it’s overtaken issuance…
Business
Germany fines JPMorgan €45 million for anti-money-laundering failings
Germany’s financial watchdog BaFin has fined JPMorgan €45 million after finding shortcomings in the US bank’s money laundering prevention…
Business
JPMorgan faces record 45-million-euro fine from German watchdog over money-laundering lapses
The lender says the fine concerns past issues and that delays in SAR filings did not hinder probes Germany’s financial watchdog BaFin has…
Business
JPMorgan hit with record 45-million-euro fine from German watchdog over money-laundering lapses
The lender says the fine concerns past issues and that delays in SAR filings did not hinder probes Germany’s financial watchdog BaFin has…
Business
JPMorgan to allow Bitcoin and Ether as collateral in crypto push
JPMORGAN Chase & Co plans to allow institutional clients to use their holdings of Bitcoin and Ether as collateral for loans by the end of…
Business
New JPMorgan skyscraper underlines Manhattan office comeback
JPMorgan Chase officially inaugurated its new Manhattan tower on Tuesday, a 60-story skyscraper that also marks a kind of comeback of…
Business
JPMorgan lifts interest income forecast after profit beats estimates
JPMorgan Chase raised its full-year forecast for net interest income (NII) on Tuesday (Oct 14), after strong performance in its trading…
Business
JPMorgan seeks to double Asia assets to US$600 billion by 2030
The company has managed US$302 billion in the region at the end of 2024, according to its financial filing JPMorgan Asset Management wants…
Business
JPMorgan pledges US$1.5 trillion to strengthen US economic security and resilience over next decade
The campaign boosts capital, resources and personnel that the largest US lender commits across sectors JPMorgan Chase vowed to funnel…
Business
Citi, JPMorgan tout China value stocks as haven amid tariff risk
Banks with strong profit and dividend records are top buy picks, analysts recommend The latest flare-up in Sino-American trade tensions is…
Business
JPMorgan CEO Dimon warns of US stock market correction risk: BBC
JPMorgan Chase CEO Jamie Dimon warned of a heightened risk of a significant correction in the US stock market within the next six months…
Business
JPMorgan sees end of ‘private-for-longer’ mantra for startups
After years of facing requests from startups to help them stay private for longer, JPMorgan Chase’s clients are starting to sing a…