Home Tags JPMorgan

Tag: JPMorgan

The City of London is raising the odds that Brexit won’t actually happen

Both JPMorgan and Nomura say their outlook has shifted, and now see the prospect of staying in the EU as having about a 40% chance.
President Donald Trump.

Trump’s economic sugar high is already fading, and his trade war could make it even uglier

According to economists across Wall Street, President Trump's tax-cut boost is fading and drag from the trade war will result in lower 2019 GDP growth.

JPMorgan is gaining ground after Warren Buffett’s Berkshire Hathaway disclosed a $4 billion stake

Warren Buffett's Berkshire Hathaway bought 35.7 million shares of JPMorgan in the third quarter, worth $4.02 billion.

JPMorgan CEO Jamie Dimon just said he doesn’t ‘really give a s–t’ about Bitcoin

Bitcoin still doesn’t interest JP Morgan CEO Jamie Dimon. While its underlying blockchain technology is “real”, he said overnight that he doesn’t “really give a s--t” about the digital currency and can’t see it rivalling fiat money.

‘It seems to be deteriorating a bit’: JPMorgan’s Dimon says he’s watching a host of geopolitical risks facing markets

JPMorgan's Dimon's warning comes at the conclusion of a week when stock and bond markets fell the most in months, without any clear catalyst.
JPMorgan CEO Jamie Dimon.

JPMorgan beats on third-quarter earnings, with profit up 24%

JPMorgan will report third quarter earnings on Friday morning. Here's what to look out for.
US President Donald Trump and Chinese President Xi Jinping

JPMorgan is now forecasting tariffs on all trade between China and the US — and it could cause havoc for Chinese stocks

"A full-blown trade war becomes our new base case scenario for 2019," a JPMorgan team wrote. "There is no clear sign of mitigating confrontation between China and the US in the near term."
Paris, France.

BlackRock and JPMorgan could help Paris steal London’s financial crown after Brexit

The possible movement of jobs comes as banks increasingly fear the consequences of a so-called "hard Brexit." Once seen as highly unlikely, many senior figures in the City now worry that there is a realistic chance of Britain crashing out of the EU without a deal on their future relationship.
JPMorgan CEO Jamie Dimon.

75 banks have joined JPMorgan’s blockchain payments ‘party’

Lenders including Santander and Societe Generale are testing the Interbank Information Network (IIN). JPMorgan built the information sharing programme on its own proprietary blockchain platform, Quorom, and has been testing it with a handful of lenders since October 2017.

JPMorgan: The risk of a ‘major miscalculation’ by Trump could drive oil to $90

Trump's overconfidence in economic and market resilience means he might make a miscalculation on Iran sanctions, driving oil prices higher, JPMorgan says. The bank called the US-China trade war "disturbing," and said a market rally may mean investors expect even more aggressive trade policy.