Tag: JPMorgan
‘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 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.
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."
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.
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.
JPMorgan says Trump’s trade war is ‘dimming the prospects for large scale M&A’
Hernan Cristerna, JPMorgan's Global Co-head of M&A, told Business Insider: "A prolonged trade war will, of course, mean large cross-border deals are more difficult and harder to get across the line."
‘If you get to 700, 750, we’ll cut your mortgage costs a little bit’: JPMorgan is working on ways to reward you for improving your c...
In the coming months, the bank is likely to start beta testing several tools around the idea of helping consumers improve their financial health. It's unclear whether those will be tied to improving credit scores, financial education, or other things.
JPMorgan and Citi say just hundreds of jobs will leave London due to Brexit — not thousands
Executives from JPMorgan, Citi, and Barclays Ireland gave evidence to UK MPs on Tuesday about the impact of Brexit on their industry. All three said their banks expect just 150 roles to be moved out of London in the immediate aftermath of Brexit.
‘We’re terrible at building infrastructure’: JPMorgan’s Dimon says bad US policies have handcuffed an economic recovery
JPMorgan CEO Jamie Dimon cited an uncompetitive tax system, inability to build infrastructure, and the crippling bureaucracy and paperwork needed for things such as starting a business.