Tagged: jamie dimon

May 22, 2020 @ 6:46 pm By JD Alois  |  

  Last week it was reported that JPMorgan (NYSE:JPM), one of the largest banks in the world and the doyenne of Wall Street big banks, is providing banking services to both Coinbase and Gemini. More specifically, JPMorgan is providing cash management services like wire transfers,… Read More

April 6, 2020 @ 9:45 am By JD Alois  |  

Legendary banking CEO Jamie Dimon has published his annual letter to investors that typically deals with the performance of JP Morgan Chase (NYSE:JPM). This year’s letter that always garners a broad readershp, has taken a different tone as the bank, as well as the rest… Read More

January 14, 2020 @ 8:53 am By JD Alois  |  

JP Morgan (NYSE:JPM) is out with Q4 2020 results and the numbers are a clear beat on both the top and bottom line. JPM shares are up about 1% in pre-market trading. JPM is one of the most successful banks in the world benefiting from… Read More

January 3, 2020 @ 8:39 am By Omar Faridi  |  

JPMorgan Chase, the largest US bank and the sixth-largest in the world, will reportedly be enforcing stricter security policies and measures by preventing third-party Fintech applications from gaining access to user passwords. The current method of data sharing offers (with permission) several external Fintech apps… Read More

October 21, 2019 @ 6:24 pm By Cali Haan  |  

Jamie Dimon, CEO of JPMorgan Chase, has called Facebook’s go at issuing a cryptocurrency for in-app payments, Libra, “a neat idea that’ll never happen.” Dimon made the comments last Friday while speaking on a panel with Morgan Stanley CEO James Gorman. The two were featured at a conference… Read More

July 16, 2019 @ 11:24 pm By Cali Haan  |  

Jamie Dimon, CEO of JP Morgan Chase, one of the world’s largest banks, told analysts in a conference call this week not to “spend too much time” considering Libra, Facebook’s proposed global currency system, CNBC reports. “To put it in perspective, we’ve been talking about… Read More

April 4, 2019 @ 8:30 am By JD Alois  |  

JP Morgan Chase CEO Jamie Dimon is out with his annual shareholder letter, a missive that is widely read not only for its insight into the future of JPM but for Dimon’s thoughts on other issues. As one would expect, Dimon covered a wide swath… Read More

February 26, 2019 @ 4:58 pm By JD Alois  |  

JP Morgan Chase held their annual investor day today. The full stack, day-long event, covers all aspect of the money center bank’s operations. In a report by CNBC, it was mentioned that Jamie Dimon, CEO of JPM, commented on the previously announced JPM Coin, a… Read More

October 20, 2018 @ 1:42 pm By JD Alois  |  

Following the acquisition of WePay back in 2017, JP Morgan Chase is building upon its Fintech venture with a new Fintech campus in Silicon Valley, according to multiple reports. According to a blog post on WePay, a prominent Fintech in the payments space, JPM will… Read More

August 21, 2018 @ 9:55 am By JD Alois  |  

According to multiple reports, JP Morgan Chase will begin offering free trading (IE commission-less trades) beginning next week. For anyone who downloads their mobile app, during the first year users will be able to book 100 trades at not cost. If you happen to be… Read More

June 21, 2018 @ 11:06 am By Cali Haan  |  

The CEO of Goldman Sachs, Lloyd Blankfield, told an audience at the Economic Club of New York recently that he does not side with other powerful bankers who have dismissed Bitcoin; “I’m not in this school of saying… because it’s uncomfortable with me, because it’s… Read More

April 22, 2018 @ 2:00 pm By Cali Haan  |  

Soft spoken computer scientist Adam Back, one of the most important figures in the technical history of Bitcoin, had a hard act to follow after Max Keiser and Stacy Herbert burned down the stage presenting their gleeful and anarchic brand of Bitcoin-boosting. “The era of… Read More

December 4, 2017 @ 2:53 pm By Barry James  |  

It was recently reported that the former chief economist of the World Bank wants Bitcoin banned, saying “Bitcoin is successful only because of its potential for circumvention, lack of oversight” You missed something crucial. Because of the ‘McKinsey’ factor. The operative rules (laws of nature from… Read More

November 22, 2017 @ 10:55 am By JD Alois  |  

Jamie Dimon, CEO of JPMorgan Chase, famously bashed Bitcoin back in September. The outspoken banking executive stated he would fire any JPM trader who was in the Bitcoin market as it is “against our rules and they are stupid.” Perhaps Dimon is reconsidering his shoot… Read More

October 11, 2017 @ 8:08 am By JD Alois  |  

Eidoo has launched a new “blockchain asset experience,” designed with the goal to create a secure way for the masses to buy, sell, store, transfer and exchange blockchain-based digital assets. Eidoo’s integrated multi-currency wallet, hybrid exchange and Initial Coin Offering (ICO) engine is said to… Read More

September 17, 2017 @ 8:43 pm By JD Alois  |  

Oh the irony. JPMorgan Chase CEO Jamie Dimon has been widely reported as bashing Bitcoin and cryptocurrency in general. Speaking at CNBC‘s Delivering Alpha conference, Dimon was asked a direct question as to his belief that Bitcoin was a fraud. Dimon separated Blockchain (Distributed Ledger… Read More

July 11, 2017 @ 6:10 pm By Therese Torris  |  

On July 11, at the 23rd edition of the Paris Europlace International Financial Forum, Edouard Philippe, the Prime Minister of France reached out to 1,500 leaders of global financial services firms: “Welcome to Paris.” He said in English. “The French government is committed to boost… Read More

September 30, 2016 @ 9:15 am By Samantha Hurst  |  

Last week, JPMorgan Chase & Co. (NYSE: JPM) announced it has made an equity investment in California fintech firm, InvestCloud. The banking giant also confirmed it has formed a strategic partnership with InvestCloud to accelerate its development of brand new digital capabilities for individual investors… Read More

April 7, 2016 @ 7:30 am By JD Alois  |  

Last year JPMorgan Chase CEO Jamie Dimon rattled Wall Street by stating the obvious. FinTech firms popping up across Silicon Valley and around the world were looking to challenge traditional banks and siphon their business away. This year the message from the fabled CEO has changed…. Read More

April 5, 2016 @ 11:35 am By Jodi Avergun and Colleen Kukowski  |  

  “Silicon Valley is coming.  There are hundreds of startups with a lot of brains and money working on various alternatives to traditional banking.” This warning came not from a pundit or Silicon Valley lobbyist, but from Jamie Dimon, the Chairman and Chief Executive Officer… Read More