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
LendingClub (NYSE:LC), the largest marketplace lending platform in the US, has just posted an 8K regarding a warehouse funding agreement with certain lenders. LendingClub has enlisted the assistance of JPMorgan Chase Bank, N.A. as administrative agent, and Wilmington Trust, National Association as collateral trustee. The warehouse… Read More
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
JPMorgan Chase has dropped their hat in the arena of digital only challenger banks by launching “FINN by Chase“. The online bank is oddly only available in St. Louis but JPM says it will be rolling out across the country over the coming months. FINN… Read More
JPMorgan Chase (NYSE: JPM) has announced it will acquire payments platform WePay. Details on the acquisition were not revealed. A Silicon Valley based Fintech, WePay was launched as a “Payments as a Service” company in 2008. WePay has focused on focus on platform customers with over 1,000… Read More
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