JPMorgan Chase has taken a significant step into the world of digital finance. They have created a new investment fund called MONY. It is the first of its kind. This fund is built on the Ethereum blockchain. It is a big deal because it shows that traditional banks are starting to take crypto serious
JPMorgan Chase is making a huge move in London. They plan to build a massive tower in the Canary Wharf area. This isn't just any building—it's set to be a whopping 3 million square feet, which is more than double the size of The Shard, London's tallest building. The bank thinks this project will bri
JPMorgan Chase is making a big move into the crypto world. They are planning to let big investors use Bitcoin and Ethereum as collateral for loans. This means that instead of selling their crypto, investors can borrow money by putting up their digital assets as security. This change is expected to h
JPMorgan Chase finds itself in a financial pickle. The bank is trying to stop paying the legal fees for two former employees, Charlie Javice and Olivier Amar. They were found guilty of fraud after selling their company, Frank, to JPMorgan. The bank says the legal bills have skyrocketed to an eye-wat
JPMorgan Chase is on the hunt for top-tier bankers and investment experts to drive its ambitious $1. 5 trillion "resiliency" plan. This initiative, announced recently, aims to strengthen American security, innovation, and infrastructure through private sector investment rather than government fundin
JPMorgan has shared its list of stocks to consider shorting as the year progresses. This list includes big names like Tesla and Moderna, which the firm believes could see a drop in value. The market has been doing well, with the S&P 500 and Nasdaq reaching new highs. However, there's still uncertain
JPMorgan Chase is stepping up its game in the online investing world. The bank is all set to introduce new features in its mobile app. These features will allow users to research and buy bonds and brokered CDs. This move is part of a bigger plan to attract investors who trade a few times a month. T
Citigroup recently made a significant shift in its approach to diversity, equity, and inclusion (DEI). The bank's CEO announced that it will no longer require a diverse pool of candidates for job interviews. This decision comes at a time when the business landscape is changing under the current poli
JPMorgan has some stocks in mind that they think will face trouble in 2025. Stocks like Novavax, Airbnb, and Intel are on their list. The market has been tough lately, with big tech stocks losing favor. JPMorgan looked at stocks across different sectors, from healthcare to technology. Novavax, a vac
JPMorgan has some interesting news for investors. They think EVgo, a company that owns and runs fast electric vehicle chargers, might see its stock value jump by nearly 80%. This is due to their unique business model. On Thursday, the firm raised their rating on EVgo's shares from neutral to overwei
