JPMorgan Asset Management The US stock market has seen historically high levels of volatility since its correction in February. Tech stocks have gotten rocked since a massive Facebook data breach, prompting fears that both EU and US regulation will slow growth in the sector. Meanwhile, President Donald Trump has been railing against China on trade- and […]
Tag: JPMorgan’s
Banks have a big appetite to join JPMorgan’s blockchain party
REUTERS/Gil Cohen Magen (ISRAEL) During JPMorgan’s investor day, CFO Marianne Lake said the company’s blockchain initiative — the Interbank Information Network — was working. Lake said other banks are looking to “join the party.” JPMorgan and crypto are a pair many might equate to oil and water. The Wall Street giant’s CEO — Jamie Dimon […]
The head of JPMorgan’s giant investment bank is worried ‘the next market correction will be painful’ (JPM)
JPMorgan Daniel Pinto, the head of JPMorgan Chase’s dominant investment bank, told research analysts from Keefe, Bruyette, and Woods that the markets are too complacent right now, and we could be in store for a painful correction. One significant risk is that inflation exceeds projections by investors and central bankers. The bank is taking pains […]